Freight Technologies invests 20 million USD in TRUMP Token to 'influence' US-Mexico trade?

A small logistics company with a market capitalization of only 4.8 million USD – Freight Technologies (FRGT) – has shocked the market by announcing an investment of up to 20 million USD in the TRUMP token.

Immediately following the news, FRGT's stock surged by 111%, but quickly fell by 21.6%. The CEO stated that this move aims to 'diversify digital assets and support fair trade between the US and Mexico'.

However, the deal has raised controversy because:

• The TRUMP Token promises a private dinner with Trump for top holders.

• Ethical concerns from lawmakers: Is memecoin becoming a 'ticket to political access'?

• The current price of the TRUMP Token is around 12.7 USD, up 42% in 30 days.

Is this a bold investment strategy or just a ploy to inflate stock prices?