TruthGroup which assumed control recently of Truthcoin, has big ambitions for its digital currency. It’s following a similar path that Elon Musk has for X formerly Twitter, in making its social media platforms a planned one-stop shop for fin services.
Twitter reportedly is wanting to launch its own cryptocurrency, to be used as a payment currency across its platform. Elon Musk, who was a Co-Founder of PayPal, has had long-held ambitions to do so, and before buying Twitter was reportedly going to start his own social media platform, until he decided to buy Twitter. This enabled him to gain 300 million users, although many say he paid too much for Twitter, which he himself agreed.
Although Truthbook.social, TruthGroups social media platform alternative to Facebook is small in comparison, the opportunity to grow free speech platforms into profitable niches, is high, especially as TruthGroup is planning to launch an array of privacy tools and products for its growing user bases.
This is why TruthGroup took control of Truthcoin, to have its own payment currency for its planned ecosystem of products currently being built, and some already soft launched.
Adding Truthcoin to more exchanges is part of its plan to grow its user bases and utilize its payment system across more platforms and external partner products to boost volume in its small-cap crypto.