In today’s report from the Financial Times, it was discovered that several public companies have started purchasing niche cryptocurrencies such as Toncoin, HYPE, and also the $TRUMP coin, in order to support their stock prices.

Among the most notable of these deals:

- **Sonnet BioTherapeutics** announced a purchase deal for HYPE worth $888 million.

- **RSV Capital** will acquire Toncoin for $200 million.

- **Freight Technologies** bought $TRUMP coins as part of a strategy to increase market value.

This move raised significant questions about:

- Financial development practices,

- Asset-less price inflation,

- And the dangers of institutional saturation in the cryptocurrency market.([turn0news12])