TRUMP token down 5% as namesake handset begins shipping next week
Key takeaways
- President Donald Trump, is down 5%, according to CoinDesk market data, as Trump Mobile announced the long awaited T1 handset is set to begin shipments next week.
- As CoinDesk previously reported, neither the Trump Mobile project nor the President's memecoin has gone particularly well.
- Another question is, what exactly is the T1 Phone?
President Donald Trump, is down 5%, according to CoinDesk market data, as Trump Mobile announced the long awaited T1 handset is set to begin shipments next week.
As CoinDesk previously reported, neither the Trump Mobile project nor the President's memecoin has gone particularly well. Shipment dates for the handset have been repeatedly delayed — and customer support is limited — while the TRUMP token is down nearly 90%.
Another question is, what exactly is the T1 Phone? Trump Mobile is a Mobile Virtual Network Operator and doesn't have the ability to design and manufacture its own handset. Instead, it has worked with an outside company to pick a handset and re-skin it to be Trump themed. This kind of arraignment is common; Solana re-skinned the Osom OV-1 for its first Saga phone.