Trump Media sets 2 February token airdrop for DJT holders; TRUMP drops 4%
Trump Media scheduled a 2 February token airdrop for shareholders owning at least one whole DJT share, positioning it as a blockchain rewards program with non‑equity, non‑transferable tokens. After the news, the TRUMP memecoin fell 4%, reversing its early‑2026 rebound, having touched $5.8 on a 23% recovery before sliding toward $5 and hovering near $4.9.