Trump's Truth Social struggles to grow its user base, according to new data

[BumRushDaShow]

Source: NBC News/CNBC

May 24, 2024, 6:12 PM EDT / Source: CNBC.com


Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto its small U.S. user base, according to new data on the microblogging platform launched by former President Donald Trump’s media company.

So far in May, U.S. daily visits to Truth Social have dropped more than 21% from April, and more than 35% compared to March, according to digital intelligence platform Similarweb.

The site’s average number of monthly visits over the past year — just over 4 million from May 2023 to April 2024 — plummeted more than 39% from the prior 12-month period, from May 2022 to April 2023, Similarweb reported. The traffic has declined even as Trump — the most prominent Truth Social user and the majority shareholder of its parent company, Trump Media — has saturated the national news with coverage of his criminal trial and White House bid.

And while the app saw a surge in visitors in the lead-up to Trump Media’s public trading debut in March, Similarweb’s most recent data show that those gains have already been erased.

Read more: https://www.nbcnews.com/business/markets/trump-media-truth-social-struggles-grow-user-base-rcna154015

[tanyev]

1. It's not really a social media platform.

It’s more a very expensive pacifier for one individual.

[ProudMNDemocrat]

2. All UN-TRUTH SOCIAL is....is a PISS and MOAN forum.

For everything this man touches, DIES.

Rick Wilson is being proven CORRECT yet again!

May the stock continue to tumble down to just pennies per share.

[lark]

3. Russian bots have been removed from (Un)Truth Social?

That would be my guess.

[Martin68]

4. All I really care about is preventing Trump from an enormous windfall.

[JustABozoOnThisBus]

7. So far, it looks like a good windfall for him.

Stock price is in the 40's, should probably be around $4.

[Martin68]

8. But he can't cash it in yet. I'm hoping the stock price plunges before he does.

[keithbvadu2]

10. No matter. He gets 36 million shares free. The stock price has already qualified that gift.

That will be umpteen million dollars free, no matter how low it goes.

[Martin68]

12. 36 million shares are only worth what each share is worth. It's going down and we haven't seen the bottom yet. But

if you prefer to be defeatist about it, so be it. I was just expressing a desire to see its plunge to zero.

[keithbvadu2]

13. That would be nice, too.

[DemocraticPatriot]

15. Should probably be around 4 cents...

somebody sure has been propping it up-- my guess is rich foreign friends, Saudi Arabian princes, perhaps...

[cstanleytech]

5. And it's going to continue to do so.

[TexasBushwhacker]

6. So much winning ...

[Captain Zero]

9. Maybe we could BORG it. just a thought.

does it cost to logon?

[keithbvadu2]

11. But... But... But... they have a plan. Some 'innovative' stuff. Have confidence. Keep the faith!

https://www.democraticunderground.com/10143243451

TMTG CEO Devin Nunes said the company is exploring “a wide array of initiatives and innovations to build out the Truth Social platform including potential mergers and acquisitions activities” in a statement on Monday................................

[oasis]

14. "Truth Social is a great forum...

...for me to poop on"----Triumph the Insult Comic Dog.