Trump Media Stock Faces Seventh Consecutive Loss Amid Truth Social Traffic Decline
Trump Media & Technology Group's stock is on track for a seventh straight loss as Truth Social's user engagement drops significantly.
Trump Media & Technology Group's stock is on track for a seventh straight loss as Truth Social's user engagement drops significantly. XRP (XRP) is trading at $1.34. This is an original TLT brief synthesising 2 outlets (The Crypto Basic, Blockonomi), plus live market data, as of Thu, 15 Oct 2026 19:15:02 UTC.
The decline in Truth Social's traffic and the stock's prolonged downturn signal potential challenges for Trump Media's growth and investor confidence, especially as the company relies heavily on the platform's success.
- Trump Media stock is set for a seventh straight loss after falling 6.84% Wednesday.
- Truth Social's daily users dropped 38% from June 2023 peak to 260,000 in September.
- DJT tokenized shares fell approximately 8% over the past 24 hours.
- Despite weaker ad sales, Trump Media reported an 89% quarterly revenue increase.
Multiple outlets, including The Crypto Basic, Blockonomi, and CryptoNews, report that Trump Media's stock is poised for a seventh consecutive loss, with Truth Social's daily user count declining from 420,000 in June 2023 to 260,000 in September, according to Similarweb data cited by Blockonomi. The Crypto Basic and Blockonomi both highlight the stock's 6.84% drop on Wednesday, extending its losing streak. However, Blockonomi uniquely notes that DJT tokenized shares fell approximately 8% over 24 hours, and Trump Media reported an 89% quarterly revenue increase despite weaker Truth Social advertising sales.
Trump Media & Technology Group's stock is on track for a seventh consecutive loss after declining 1.72% in Thursday's early trading to $7.10, according to The Crypto Basic. This follows a 6.84% drop on Wednesday, which extended the losing streak to six sessions.
The decline in the stock price coincides with a significant drop in user engagement on Truth Social. Similarweb data, as reported by Blockonomi, indicates that Truth Social's daily user count fell from a peak of 420,000 in June 2023 to 260,000 in September, marking a 38% decrease.
Despite the decline in user engagement, Trump Media reported an 89% increase in quarterly revenue, as noted by Blockonomi. However, the report also highlighted weaker advertising sales on the Truth Social platform, suggesting that the revenue growth may be driven by other factors.
In the broader market context, the total cryptocurrency market cap stands at $2.83 trillion, with 
Bitcoin leading gains at 0.93% over the past 24 hours. The overall market sentiment, as measured by the Fear & Greed Index, remains neutral at 53. 
XRP, which has been in the news for its price analysis, is currently trading at $1.34, up 0.79% over the past day.
The decline in Trump Media's stock and Truth Social's user engagement raises questions about the platform's long-term viability and the company's ability to sustain its revenue growth. Investors will likely be watching for any signs of recovery in user numbers and improvements in advertising sales in the coming quarters.
Since this brief published about 5 hours ago, XRP (XRP) has moved from $1.34 to $1.34 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,829.58 (about $1.34), up 1.1% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Trump Media Stock Faces Seventh Consecutive Loss Amid Truth — questions & answers
What is the current status of Trump Media's stock?
Trump Media's stock is set for a seventh straight loss after falling 6.84% on Wednesday and an additional 1.72% on Thursday.
How much has Truth Social's user base declined?
Truth Social's daily user count dropped from 420,000 in June 2023 to 260,000 in September, a 38% decrease.
What is the broader market sentiment for cryptocurrencies?
The overall market sentiment is neutral, with a Fear & Greed Index of 53, and the total market cap is $2.83 trillion.
How much is 1 XRP worth in naira today?
About ₦1,829.58 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.34. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic, Blockonomi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.