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Truth Social is going mainstream
Many people are waiting in like to get access to Truth Social. $DWAC investors are pumped as many high-profile right-wing influencers get on the platform and advertise it to their fans.

Currently, they’re slowly letting users in as they are figuring things out as they go. So far, they aren’t placing ads on the platform as they want to focus on smoothness and functionality.

The reviews currently are great and many are stoked to get an account on the platform.

Truth Social has a long way to go in becoming profitable. Unlike Parler, at least Truth Social isn’t sourcing their cloud services from $AMZN or other Big Tech companies but instead from Rumble $CFVI, who already has a profitable business.

Rumble has seen growth surge as another right-wing social media platform, GETTR, has seen its growth surge due to Joe Rogan and MTG’s exodus to that platform. The company saw more video consumption since then.

Today, $DWAC is overvalued. How long it will take the company to fulfill its valuation is yet to be seen. The volatility of the stock and how it’s defying the market correction makes some compare it to $TSLA during the pre-pandemic days as the stock would remain strong despite trade wars, Brexit fears, etc.

Thoughts?

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