Shares of "Trump Media & Technology Group" rose by 15% to $34.6 after the company's announcement of the launch of a new project.
As reported, the company plans to introduce a new social network called "Trumpt", which will function as an alternative to major platforms like Facebook and Twitter.
"We are confident that 'Trumpt' will become a new space for free expression and communication without censorship," stated a company representative.
This announcement has sparked renewed interest from investors, leading to an increase in the stock price of "Trump Media & Technology Group".
