#EUPrivacyCoinBan
A bet of 20 million dollars on token TRUMP$ reveals Freight Tech's entry into the crypto market
An unconventional investment move
Freight Tech, a company specializing in logistics sector investments, surprised the market by investing 20 million dollars in the $TRUMP token, highlighting the growing interest in meme tokens even from traditional companies.
Strategic investment or gamble?
The company did not disclose its motivations, but analysts believe it is either a high-risk bet or an attempt to capitalize on political momentum ahead of the U.S. elections.
Market reaction and potential impact
The announcement led to a rise in the price of TRUMP, but there are questions about its sustainability. This move attracts institutional attention toward meme tokens, despite the fact that they are still surrounded by risks.