Digital World Acquisition Corp ($DWAC) stock has seen a significant surge, reaching $30 and experiencing a 48% increase in a single day. The company is involved in acquiring Trump's Truth Social. Market participants are expressing astonishment and caution regarding the stock's behavior, with some anticipating a potential shorting opportunity. The stock's performance is being likened to a scenario where Trump has already been re-elected.
$dwac on fire!
$DWAC will be a good short in due time, probably sooner rather than later. We’ve seen these parabolic moves time and time again.
$DWAC (+87.23%) Truth Social has been trading today like Trump has already been elected 🫣 https://t.co/GNtD4gov9m
Holy $DWAC.
$DWAC SPAC buying Trump’s Truth Social has nearly doubled over six-session win streak @Ashadowempire https://t.co/aNyAPRy7ai https://t.co/j6UePxr9X4
The market has gone full bonkers Be careful out there! $DWAC https://t.co/foofAxdiUe
$DATS used to run with $DWAC. Keep on watch https://t.co/mOGGAEQzHR
holy crapola $dwac!!
$DWAC going nuts (Not in it) but crazy move up 48% today alone https://t.co/2VWuK17iiW
We're so back - just look at $DWAC.
With $DWAC, the commercial value certainly has risen many folds now. Donald is a master marketer with simple one liners like “Truth Social is my Voice”. This is powerful. I don’t wanna fade it. Even if Trump is jailed, $DWAC can rise. Could double. Now $30. https://t.co/LPUR8Hxat3
$DWAC looking good 👀 at 26. Looks like it wants $30.