Truth Social, the social media platform created by Donald Trump, doesn’t seem to be having good days. Despite being launched with high hopes, the platform reportedly only generated $3.4 million in revenue in the first 9 months of 2023, while its expenses are believed to be much higher.
Trump, who is running for presidency again, argues that Truth Social is of great importance for the revival of democracy in America and has announced new projects related to the platform in the future. Here are all the details about the topic…
Trump in the Spotlight with Social Media Site Again
It is said that Truth Social, which is expected to give a chance to content creators censored for various reasons, will soon start offering popular features like live video streaming. However, things are not going well for the platform at the moment. The site, which was found to have reached 5 million active users in February, caused a noticeable decrease in the share value of its founding company TMTG. Meanwhile, during the same period, Facebook reached 845 million users, and the platform’s main competitor X (Twitter) was used by 212 million people.
It is claimed that the platform will appeal to a much smaller user base in America after the upcoming general elections, and if Trump is not elected president, it could be completely shut down. For now, the platform is far from achieving the desired success, and it seems difficult for it to make a comeback from this point.
What are your thoughts on this topic? Do you think Truth Social will achieve the desired success? Do you use this platform? Feel free to share your opinions with us in the comments section below. Your feedback is highly valuable to us.
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