Truth Social Faces Declining User Base Amid Trump's Legal Issues

1 min read
Source: Benzinga
Truth Social Faces Declining User Base Amid Trump's Legal Issues
Photo: Benzinga
TL;DR Summary

Donald Trump's social networking site, Truth Social, is experiencing a significant decline in its U.S. user base despite an aggressive media campaign. The platform's daily visits have dropped by over 21% in May compared to April and by more than 35% compared to March. This decline comes amid extensive media coverage of Trump's criminal trial and his campaign to unseat President Joe Biden. The drop in user engagement could negatively impact the platform's ad revenue, and analysts view the company's market valuation as disconnected from its business fundamentals.

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