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DJT Stock: Trump Media Isn't a Meme Stock, It's a Cryptocurrency (morningstar.com)
3 points by voxadam 7 months ago | hide | past | favorite | 2 comments



That's literally wrong and a gross misnomer.


No justification for defining it as cryptocurrency.

> Trump Media is instead a cryptocurrency. As with bitcoin, people buy Trump Media not for future cash flows but because: 1) they expect its price to rise, and 2) they feel an affiliation for the asset.

1) stock

2) meme




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