TRUMP token down 5% as namesake handset begins shipping next week
Trump Mobile’s T1 handset appears to be a re-skinned HTC U24 with assembly done in the U.S.
What to know:
- The TRUMP token, the official memecoin tied to President Donald Trump, fell about 5 percent as Trump Mobile said its long-delayed T1 handset will begin shipping next week.
- The T1 phone, sold by Trump Mobile, is a rebranded device likely based on an existing HTC model, with manufacturing details still unclear and only final assembly confirmed to take place in the United States.
- The latest price drop suggests investors see the T1 launch as another Trump-branded product struggling to sustain interest, with the TRUMP token already down nearly 90 percent from earlier levels.
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.
