{"id":62402,"date":"2024-07-31T12:56:07","date_gmt":"2024-07-31T19:56:07","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=62402"},"modified":"2024-07-31T12:56:07","modified_gmt":"2024-07-31T19:56:07","slug":"trumps-truth-social-is-shedding-users-like-a-miserable-childless-womans-mangy-cat","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=62402","title":{"rendered":"Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat"},"content":{"rendered":"

it’s only been about a week and a half since President Biden passed the torch to Vice-President Kamala Harris. But the response has been an unprecedented tsunami of support<\/a><\/strong> from the American people that includes Democrats, Independents, and even disaffected Republicans. Hundreds of millions of dollars have been raised and tens of thousands of volunteers have signed on.<\/p>\n

Click here to Tweet this article<\/a><\/strong><\/p>\n

\"\"<\/p>\n

The juggernaut that Harris is now commanding has upended the election in profound ways. The focus of the race has switched from an obsession with the nervousness of Democrats, to the weirdness of Republicans, especially Donald Trump and JD Vance. Even Fox News has broken ranks with their Dear Leader with an occasional nod to reality…<\/p>\n

SEE THIS: WATCH: Fox News Host Says that Trump Calling Kamala Harris \u2018Dumb\u2019 is a \u2018Profound Mistake\u2019<\/a><\/strong><\/p>\n

However, Trump’s tribulations do not end with his sagging electoral prospects. One of the main reasons he’s running at all is to accumulate more wealth via grifting off of his glassy-eyed cult followers. And that isn’t going any better than his campaign is. [Note: The other reasons are to stay out of prison and to amass tyrannical power]<\/em> A new report by “The Righting,”<\/em><\/a><\/strong> a conservative monitor of right-wing media, just released user data for Trump’s Truth Social that is sure to send the ketchup flying at Mar-a-Lago…<\/p>\n

“The Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform\u2019s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.”<\/p><\/blockquote>\n

These numbers are not only declining precipitously, they are virtually meaningless in the social media world. For comparison, Twitter\/X, the site that Trump left to launch Truth Social, has more than 200 million daily active users. Which makes the valuation of Trump’s scam site – Trump Media and Technology Group (TMTG) – on Wall Street as preposterously exaggerated as his real estate assets that resulted in a nearly half billion judgment for financial fraud<\/a><\/strong>.<\/p>\n

Trump’s stock price is not driven by the company’s financials. Rather, it is driven by two main factors. One: It’s a vehicle for the wealthy and corporations, even foreign interests, to surreptitiously (i.e. illegally) buy influence. And two: It trades on the whims of his cult disciples who believe that they will cash in when he returns to the White House. That latter scenario is becoming less plausible every day. The stock (DJT) is down 56% since it went public on March 26, 2024.<\/p>\n

In addition to the financial woes of Truth Social, it has a long history of legal problems as well. And there is news on that front. A new ProPublica investigation<\/a><\/strong> has found some more shady business dealings at TMTG. It involves the acquisition of a tech company with tentacles that reach into Slovenia, China, and Russia. Although both it’s operations and executives are mysterious and unaccountable. Could it be another pipeline to funnel funds between Trump and businesses and\/or governments with conflicts of interest?<\/p>\n

Trump\u2019s Truth Social has never been a a good business or investment. It has been unable to attract or maintain a significant user base. It has failed to produce sufficient revenue to remain in business. It has been horribly mismanaged by incompetents and criminals. And there is abundant evidence of all of that…<\/p>\n

Are Trump\u2019s Nazi Videos and Hateful Posts Why Truth Social Lost $327 Million and 19% of Users?<\/a><\/strong>
\nIn the just first quarter of 2024 TMTG lost $327 million on revenue of less than $1 million. Which makes its stock valuation of $6 billion something of a joke. What\u2019s more, Truth Social lost nearly 20% of their active users in the past year.<\/p><\/blockquote>\n

Trump’s Truth Social is Revealed to Be Another Terribly Risky Trump Scam – By Its Own Prospectus<\/a><\/strong>
\nA quick look at the company\u2019s prospectus should frighten off any astute investors. It is exposed as “a high-risk, speculative operation with few hard numbers behind it. It\u2019s already the subject of subpoenas, from regulators and a grand jury, even though it\u2019s barely off the ground.”<\/p><\/blockquote>\n

Trump’s Truth Social Reports Massive Losses and Warns that it Could Go Out of Business<\/a><\/strong>
\nA Securities and Exchange Commission (SEC) filing by the company reveals its financial frailty. The report paints a pitiful picture of the enterprise’s prospects going forward and reveals that it has lost $31.5 million since it opened for business just two years ago.<\/p><\/blockquote>\n

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam<\/a><\/strong>
\nTrump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”<\/em><\/p><\/blockquote>\n

Truth Social Disease: Ads on Trump\u2019s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch<\/a><\/strong>
\nAdvertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.<\/p><\/blockquote>\n

\n
\n

Be sure to visit and follow News Corpse
\non Twitter<\/a> and Facebook<\/a> and Instagram<\/a> and Threads<\/a>.<\/strong>\n<\/p>\n

And check out my books on Amazon:<\/strong>\n<\/p>\n

Fox Nation vs. Reality:
\nThe Fox News Cult of Ignorance.<\/a><\/strong>\n<\/p>\n

Thanks so much for your support.<\/strong><\/p>\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

it’s only been about a week and a half since President Biden passed the torch to Vice-President Kamala Harris. But the response has been an unprecedented tsunami of support from the American people that includes Democrats, Independents, and even disaffected Republicans. Hundreds of millions of dollars have been raised and tens of thousands of volunteers […]<\/p>\n","protected":false},"author":1,"featured_media":43291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[152,1,11],"tags":[554,1140,1357,1457,1458],"class_list":["post-62402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-election","category-general","category-socialmedia","tag-donald-trump","tag-election","tag-kamala-harris","tag-social-media","tag-truth-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stock-chart-red.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-geu","jetpack-related-posts":[{"id":62435,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62435","url_meta":{"origin":62402,"position":0},"title":"Trump and Fox News Attack Kamala Harris for Praising Diplomacy that Freed Prisoners From Russia","author":"Mark NC","date":"8\/2\/2024","format":false,"excerpt":"Late Thursday night President Joe Biden and Vice-President Kamala Harris welcomed three Americans back home who had been imprisoned in Russia on trumped up charges. It was an occasion that inspired pride and gratitude across the nation for the historic diplomatic achievement that made it possible for these families to\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Kamala Harris, Donald Trump baby","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/kamala-harris-trump-baby.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/kamala-harris-trump-baby.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/kamala-harris-trump-baby.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62306,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62306","url_meta":{"origin":62402,"position":1},"title":"Trump’s Frantic Fear of Kamala Harris Overflows in a Manic Meltdown on Truth(less) (anti)Social","author":"Mark NC","date":"7\/23\/2024","format":false,"excerpt":"It's been only two days since President Biden announced that he would not seek reelection, and passed the torch to Vice-President Kamala Harris. In that time Harris as united the Democratic Party behind her candidacy and raised a record $81 million from grassroots supporters. Click here to Tweet this article\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Donald Trump Pacifier Fox","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62840,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62840","url_meta":{"origin":62402,"position":2},"title":"Fox News is Desperately Struggling to Find Dirt on Kamala Harris – Here is What They Found","author":"Mark NC","date":"9\/3\/2024","format":false,"excerpt":"It may be time to throw a Pity Party for the fatuous, fumbling, and forlorn folks at Fox News. Their wretched and woeful efforts to malign Vice-President Kamala Harris have become a pathetic joke whose punch line is more of gut punch to the Trump-fluffing \"news\" network. Click here to\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Fox News, Kamala Harris","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnews-harris.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnews-harris.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnews-harris.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62317,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62317","url_meta":{"origin":62402,"position":3},"title":"Fox News is Officially an Arm of Chinese State Media, Regurgitating its Attacks on Kamala Harris","author":"Mark NC","date":"7\/24\/2024","format":false,"excerpt":"In only three days, the entire landscape of the 2024 presidential election has been transformed. 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