Donald Trump’s launch of $99 NFTs sparks 10% decline in Digital World SPAC linked to Truth Social

Donald Trump’s launch of $99 NFTs sparks 10% decline in Digital World SPAC linked to Truth Social

Donald Trump

Donald Trump speaks during an election night event at Mar-a-Lago on November 08, 2022 in Palm Beach, Florida.Joe Raedle/Getty Images

  • Digital World Acquisition fell 10% on Thursday after Donald Trump launched a line of $99 NFTs.

  • Trump has teased a “major announcement” on Wednesday that led to a spike in Digital World’s stock price.

  • Those gains were erased on Thursday as SPAC investors digested Trump’s NFT announcement.

Former President Donald Trump’s launch of $99 digital NFTs failed to gin up…


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