Freight Technologies Trump token investment: Recently, Freight Technologies (FRGT) shocked markets with a daring announcement of plans to raise $20 million to purchase Trump meme coins. From $1.20 to a high of $3.42, this surprising approach generated a rush in FRGT stock that jumped almost 150% in one day.
But it started reversing just as quickly as the stock surged. FRGT fell back under $2 in after-hours trading; experts warn the company could lose all its gains by week’s end.
What set off the FRGT price surge?
Freight Technologies’ declaration that it will turn toward cryptocurrencies set off the quick surge. The corporation intends to make significant investments in the Trump token, a parody coin created on Solana.
“We believe that adding Official Trump tokens is an excellent way to diversify our crypto treasury and an effective way to advocate for fair, balanced, and free trade between Mexico and the U.S.,” the firm said in a press release.
Freight Technologies, on the other hand, is diving headfirst rather than playing about like most Treasury diversifications. Aiming to replicate MicroStrategy’s Bitcoin blueprint, the company plans a $20 million investment and centers Trump among its digital assets.
TRUMP Token Price Drops Despite News
Strangely, Trump’s token values have not surged on news coverage. Rather, once among the leading Solana meme coins, the meme currency has dropped dramatically, 95% from its peak at $75 in late April to roughly $7.
This great sell-off has generated debate and conjecture. While some claim the idea is dishonest, others propose Freight Technologies might be leveraging the money to seek political favor.
One X user said straight forwardly:
“TRUMP coin is a scam, and its mere existence is embarrassing for all U.S. citizens.”
Donald Trump personally has kept openly endorsing the token, therefore erasing the boundaries between strategy and comedy. Apparently unconcerned, Freight Technologies sees this as a buying opportunity and maybe a political ploy.
Is the TRUMP Token a Trade Tactic or a Trump Bribe?
Freight Technologies claims this action is more about cross-border commerce advocacy than politics. Given tariffs affecting U.S.-Mexico trade, the corporation might be looking for influence using symbolism, or something more deliberate.
CEO Javier Selgas underlined the purchase as a treasury diversification initiative and a show of support for “fair, balanced, and free trade. ” Cross-border logistics firms like Freight Technologies are under increasing pressure as Trump imposes 25% tariffs on Mexican and Canadian goods not included under the USMCA.
This begs important questions:
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Will the Freight Technologies Trump token investment earn Freight Technologies favorable treatment from Trump’s administration?
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Could it be considered a bribe rather than a business move?
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If benefits follow, who will be held accountable?
Former Campaign for New York Health executive Melanie D’Arrigo expressed similar worries about X, challenging the moral limits of this crypto-political drama.
Next for Trump Token and Freight Technologies?
Although Freight Technologies is focusing more on its meme coin approach, the future is still unknown. Should the investment fail, the company’s financial situation may be severely compromised. Should it be successful, especially politically, it might establish a standard for how politics and cryptocurrencies coexist in 2025.
One thing is certain: this audacious action has the crypto world—and Wall Street—watching intently to see whether it is a publicity gimmick, political drama, or smart investment. Get ahead of the curve. Subscribe right now for real-time updates on U.S.-Mexico trade developments, meme coin news, and crypto trends.
