New Data Shows Truth Social Continuing To Shed Users

CNN Business reports:

Truth Social’s average number of daily active US users on iOS and Android dropped by 19% year over year in April to about 113,000, according to data shared exclusively with CNN from Similarweb, a data intelligence company.

The Similarweb data, which captures the first 29 days of April, showed that the average number of users dipped 4% month over month. That drop comes despite the considerable attention received by the ongoing Trump criminal trial and the growing focus on the US presidential election.

This is a problem for Truth Social and for Trump, who is not only the dominant shareholder in Trump Media but also serves as the chairman and is the platform’s most popular user.

Read the full article.

As Trump Media continues to plunge and surge, a report finds the Truth Social platform had 21% fewer monthly active users in March than it did during the same period a year prior. The ex-president’s company is wildly overvalued by most standard metrics https://t.co/HSNVy9y5hE

— Erik Larson (@eelarson) April 29, 2024

Donald Trump’s posts on Truth Social generate awareness through screenshots on TV and other media platforms, but the app itself is still struggling to grow its user base.

Read more: https://t.co/mzg02Qcn0t pic.twitter.com/GWICRqR0B2

— Similarweb (@Similarweb) May 2, 2024