Apple's app store charts see Truth Social, backed by Trump, as the top-ranked app.

• As of Tuesday morning, Truth Social, a social media platform backed by former President Donald Trump, was the top free app on Apple's download charts.
• On Sunday, the platform launched softly, prompting many users to join a waitlist, according to Reuters.
• The Trump Media & Technology Group, headed by former Rep. Devin Nunes, R-Calif., developed the app.

As of Tuesday morning, Truth Social, a social media platform backed by former President Donald Trump, was the most downloaded free app on the App Store.

On Sunday, the platform launched softly, prompting many users to join a waitlist. However, some who tried to sign up reported glitches while creating an account, which is a common issue in early app releases.

The full launch of Truth Social, originally planned for Feb. 21, has been postponed until March 31.

The Trump Media & Technology Group, led by former Rep. Devin Nunes, R-Calif, has planned to go public via merger with a special purpose acquisition corporation (SPAC) with a market cap of over $3 billion. However, DWAC, the SPAC, disclosed in December that two financial regulators had opened probes into their communications with Trump's firm prior to the deal announcement.

In December, DWAC and TMTG announced agreements to raise $1 billion from a group of investors, but the funds would not become available until the merger closes.

Shares of Digital World were up about 14% on Tuesday.

According to screenshots of Truth Social's app listing page, its design is most similar to one of the social media platforms that suspended Trump following the Jan. 6 riot at the U.S. Capitol.

The platform aims to set itself apart through its content moderation approach, with the website describing it as "America's 'Big Tent' social media platform that promotes an open, free, and honest global conversation without discriminating against political ideology." However, Nunes previously stated to Fox Business that the company will implement content moderation to maintain a "family-friendly" environment.

Trump and his supporters accused mainstream social media platforms such as Facebook and Twitter of discriminating against conservatives during his presidency. The platforms denied these claims and maintained that their moderators strictly adhere to their community guidelines, while occasionally acknowledging and correcting any mistakes.

The suspension of Trump from Twitter and Facebook at the end of his presidency sparked his supporters to rally against the platforms. In response, lesser-known social media apps like Gettr, Parler, and Gab gained traction as alternatives that prioritize content moderation.

If app distributors like Apple and were to adopt a more lenient approach to content moderation, they might face challenges when dealing with tricky questions, as they did during the Capitol riot when Parler gained popularity and called for violence.