[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-donald-trump-s-truth-social-meme-stock-just-had-its-worst-day-ever":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":97,"popular_news":161,"categories":231},{"title":72,"description":73,"meta_title":72,"meta_description":73,"meta_keywords":74,"text":75,"slug":76,"created_at":77,"publish_at":78,"formatted_created_at":79,"category_id":69,"links":80,"view_type":85,"video_url":86,"views":87,"likes":88,"lang":89,"comments_count":90,"category":91},"Donald Trump's \"Truth Social\" Meme Stock Just Had Its Worst Day Ever","Former president Donald Trump's net worth slid by an astonishing $1.3 billion on Wednesday","Trump meme Truth Social networking","\u003Cp>Hello!\u003C/p>\n\n\u003Ch4>\u003Cstrong>Truth Social Hurts\u003C/strong>\u003C/h4>\n\n\u003Cp>Former president Donald Trump&#39;s net worth slid by an astonishing $1.3 billion on Wednesday after his meme stock had its worst day ever.\u003C/p>\n\n\u003Cp>Shares of Truth Social owner Trump Media &amp; Technology Group slid&nbsp;by a record 22.3 percent on Wednesday, as&nbsp;\u003Cem>CNN\u003C/em>&nbsp;reports&nbsp;&mdash; its biggest one-day loss since going public in March &mdash;&nbsp;and kept falling more than another ten percent on Thursday.\u003C/p>\n\n\u003Cp>That&#39;s after&nbsp;surging over several days, a bizarre trend considering the company is&nbsp;bleeding millions of dollars&nbsp;and its flagship product has atrophied following&nbsp;Trump&#39;s return to \u003Ca href=\"https://quasa.io/media/twitter-suspends-journalist-for-publishing-trump-s-hacked-dossier-about-jd-vance-s-weaknesses\">X-formerly-Twitter\u003C/a>.\u003C/p>\n\n\u003Cp>Even after its abysmal day this week, Trump&#39;s majority stake in the company is still worth a baffling $4.6 billion, a figure that appears to mainly reflect his followers&#39; willingness to invest their hard-earned cash in the stock &mdash; rather than in the fundamentals of an actually viable business.\u003C/p>\n\n\u003Ch4>\u003Cstrong>Litmus Test\u003C/strong>\u003C/h4>\n\n\u003Cp>It&#39;s hazy what caused the latest plunge. Some analysts&nbsp;have suggested&nbsp;that TMTG&#39;s share price is a proxy for predictions of how next week&#39;s presidential election will turn out.\u003C/p>\n\n\u003Cp>Others have blamed a loss of momentum, according to&nbsp;CNN, following a rally that&nbsp;lasted just over a month&nbsp;and saw the company&#39;s share price quadruple in value from a recent nadir.\u003C/p>\n\n\u003Cp>As of Tuesday, before its record-breaking slide, Trump Media was worth an incomprehensible $10.3 billion,&nbsp;potentially more than the latest estimates&nbsp;of the valuation of X. That&#39;s despite the latter having around 100 times the number of monthly active users than Truth Social.\u003C/p>\n\n\u003Cp>The company has also been embroiled in&nbsp;several lawsuits, and is dealing with a CEO who has&nbsp;barely bothered to show up&nbsp;at Truth Social&#39;s headquarters in Florida, leaving staff &quot;in the dark about the company&#39;s vision, strategy, and future,&quot; according to a &quot;whistleblower&quot; letter recently&nbsp;obtained by the&nbsp;New York Times.\u003C/p>\n\n\u003Cp>In short, Trump&#39;s \u003Ca href=\"https://quasa.io/media/growth-hacking-how-donald-trump-used-it-with-marketing-to-win-the-us-elections\">social networking\u003C/a> ploy has been on a serious rollercoaster ride, netting its&nbsp;executives millions in payouts&nbsp;despite the company having little to justify its lofty valuation.\u003C/p>\n\n\u003Cp>&quot;Fundamentally the valuation is a head scratcher but we have seen other meme stock narratives like AMC and GameStop on similar paths the last few years,&quot; Wedbush Securities senior equity analyst Dan Ives told&nbsp;\u003Cem>CNN\u003C/em>.\u003C/p>\n\n\u003Cp>&quot;Truth Social is a fraction of X and other social media platforms in terms of users but with an election a week away this stock has become a litmus test for some investors on the White House race,&quot; he added.\u003C/p>\n\n\u003Cp>Thank you!\u003Cbr />\nJoin us on social media!\u003Cbr />\nSee you!&nbsp;\u003C/p>","donald-trump-s-truth-social-meme-stock-just-had-its-worst-day-ever","2024-11-01T09:40:22.000000Z","2024-11-02T03:00:00.000000Z","02.11.2024",{"image":81,"image_webp":82,"thumb":83,"thumb_webp":84},"https://cdn.quasa.io/images/news/1PjJ4wSfROc0FCS0xSjOEvwQdWugwnuBFCA7bezX.jpg","https://cdn.quasa.io/images/news/1PjJ4wSfROc0FCS0xSjOEvwQdWugwnuBFCA7bezX.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/1PjJ4wSfROc0FCS0xSjOEvwQdWugwnuBFCA7bezX.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/1PjJ4wSfROc0FCS0xSjOEvwQdWugwnuBFCA7bezX.webp","small",null,1480,1,"en",0,{"id":69,"title":65,"slug":66,"meta_title":92,"meta_description":93,"meta_keywords":94,"deleted_at":86,"created_at":95,"updated_at":96,"lang":89},"Quasa Media - Growth Hacking in Business","Business is a battlefield. In QUASA MEDIA you will find all the most useful articles on how to do business and not screw up.","Business, earn money, business strategy, business process","2021-08-03T10:59:17.000000Z","2024-08-25T15:45:11.000000Z",[98,112,123,135,148],{"title":99,"description":100,"slug":101,"created_at":102,"publish_at":102,"formatted_created_at":103,"category":104,"links":105,"view_type":85,"video_url":86,"views":110,"likes":90,"lang":89,"comments_count":90,"is_pinned":111},"Cloudflare Just Made Email a First-Class Citizen for AI Agents — And Traditional Email Services Are Feeling It","On April 17, 2026, Cloudflare quietly turned a long-standing dream into reality: it moved Email Service into public beta and added full Email Sending alongside the years-old Email 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Millions of Legacy Coins","In a move that could reshape the security of Bitcoin’s unspent transaction outputs forever, Bitcoin developers have introduced BIP-361 — officially titled “Post Quantum Migration and Legacy Signature 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We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":184,"image_webp":185,"thumb":186,"thumb_webp":187},"https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","large",70584,4,{"title":192,"description":193,"slug":194,"created_at":195,"publish_at":196,"formatted_created_at":197,"category":198,"links":199,"view_type":85,"video_url":86,"views":202,"likes":190,"lang":89,"comments_count":90,"is_pinned":111},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":200,"image_webp":86,"thumb":201,"thumb_webp":201},"https://cdn.quasa.io/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",68217,{"title":204,"description":205,"slug":206,"created_at":207,"publish_at":208,"formatted_created_at":209,"category":210,"links":211,"view_type":85,"video_url":86,"views":216,"likes":174,"lang":89,"comments_count":88,"is_pinned":111},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. 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