TRUMP token down 5% as namesake handset begins shipping next week
Summary
The TRUMP memecoin has declined 5% as Trump Mobile announced that its long-delayed T1 handset will finally begin shipping next week. The project has faced significant challenges, including repeated shipment delays and a 90% drop in token value. Industry reports suggest the T1 handset is essentially a re-skinned HTC U24 device, raising questions about its original design and manufacturing process. While final assembly reportedly occurs in the U.S., the components originate overseas. Market analysts view the device as a test of consumer demand for Trump-branded merchandise following the initial hype cycle.
(Source:CoinDesk)