Freight Technologies to Buy $20M TRUMP Tokens Amid Stock Dip

By: bitcoin ethereum news|2025/05/02 22:00:04
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Freight Technologies’ stock fell over 20% following the $20M TRUMP token investment announcement. The TRUMP meme coin price declined 5.86%, and the market cap decreased to $2.48 billion in 24 hours . Freight Technologies Inc. has announced plans for a $20 million stock offering to acquire TRUMP meme coins. The company’s investment represents an early occurrence of TRUMP integration in public business treasury operations. The approach mirrors the Bitcoin incorporation methods that MicroStrategy has adopted by integrating digital tokens into financial operations. Tariffs Drive Company Decision According to Freight Technologies CEO Javier Selgas, the move centers around impending U.S.-Mexico trade tariffs. These taxes threaten cross-border commerce operations between the two countries. According to the CEO, the financial investment supports fair trade and free commercial exchanges, which are key to Freight Technologies’ business objectives. The United States considers Mexico as its principal trading partner, which makes this decision crucial for Freight Technologies. The company briefly mentioned interests in artificial intelligence and Web3 technology as motivating factors for purchasing digital assets. However, tariff-related business challenges dominate Freight Technologies’ rationale for investing in TRUMP tokens rather than cryptocurrency itself. Stock Market Reaction Initial reports of Freight Technologies’ TRUMP token plans appeared on April 30, but widespread public attention began on May 1. Following extensive coverage across cryptocurrency news platforms, Freight Technologies experienced a notable drop in its stock value. The company’s share price fell sharply, declining over 20% shortly after news circulated in public forums and investment circles. Data from Trading View indicates that Freight Technologies Inc. (NASDAQ) trades at $0.9848, marking a daily loss of 20.58%. The MACD indicator shows mixed signals, with the MACD line at 0.0307, above the signal line at -0.0255. This indicates some bullish momentum despite the price drop, yet the narrow gap suggests weakening bullish strength. The RSI (Relative Strength Index) currently reads 47.66, close to the neutral 50 level. Since RSI is below 50, selling pressure outweighs buying momentum. Furthermore, RSI just reversed abruptly after reaching the midpoint, lending support to bearish sentiments. Should RSI move lower below 45, it could strengthen selling pressure, pushing the price down towards recent support levels of around $0.91. Conversely, stabilization above 50 would reflect improved buyer activity, possibly encouraging recovery toward the day’s high of $1.21. TRUMP Token Market Performance Revealed Tracking the TRUMP token performance at the time of press, CoinMarketCap data indicates that the OFFICIAL TRUMP token currently trades at $12.43, showing a 5.86% decline in price over 24 hours. Its market capitalization stands at $2.48 billion, down by 5.79% compared to the previous day. Trading volume has dropped significantly, decreasing by 18.81% to a total of $769.47 million during the same period. The token’s fully diluted valuation (FDV) is $12.41 billion, reflecting the maximum supply of 999.99 million TRUMP tokens. The circulating supply maintains an established level of 199.99 million TRUMP. During the observed trading period, the token reached its highest value of $13.16 but experienced a continuous decrease until reaching its current value. The current market value represents an all-time low for today’s trading sessions. Highlighted Crypto News Today: US Treasury Moves to Ban Huione Group Over Crypto Laundering Ties Source: https://thenewscrypto.com/freight-technologies-to-buy-20m-trump-tokens-amid-stock-dip/

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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