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Trump considers a $100,000 fee for rapid access to his posts

Trump considers a $100,000 fee for rapid access to his posts

Trump Media & Technology Group is studying the possibility of charging traders and investors up to $100,000 per month for quick access to former U.S. President Donald Trump's posts on the "Truth Social" platform. This move is part of its plan to introduce a new paid service called "Truth API," which enables banks and trading companies to access the most influential account posts more rapidly. This service marks the company's first entry into data licensing, opening a new revenue stream amid stiff competition from other social media platforms. It is worth noting that the stock declined by 0.4% in recent trading, despite dropping 27% since the beginning of the year. Trump's posts on the platform have a significant impact on financial markets, with his decisions and announcements influencing Wall Street indices and causing notable market volatility.

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