Threads Token Up 4800% Amid Meta-Musk Saga
Meta’s stock has been thriving since the beginning of this year. Trading at the brink of $300, META has fetched investors 134% already year to date. In fact, from its 2022 Q4 low of $88.09, the stock is up 228%. Meta Platforms’ Stock by TradingView Also Read: AI Can Transfer, Hold Bitcoin Using Lightning Labs’ New Tools The Musk-Zuckerberg Tussle The company recently introduced Threads, a new app built by the Instagram team, for sharing text updates. According to Meta, the platform garnered five million users in just four hours, and 10 million within seven hours. The Verge’s Alex Heath stated in a Threads post recently that the number crossed 48 million sign-ups already, according to internal data shared with him. Right after, another user posted a screenshot highlighting that the number now stands well above 50 million. Even though Threads has been able to successfully garner mainstream traction in just a day, Mark Zuckerberg might need to keep his ho...