President Donald Trump, Memecoin, Trump, may start to get institutional attention, as in the US a small logistics company plans to consider it the Treasury Reserve Property. Freight Technologies Inc. Has decided to find a MEMECOIN case in its business cycle.
A mark of merchandise and Trump
The plan is to direct the revenue from selling notes to be converted to buy a Trump digital sign. According to a Bloomberg reportGoods logistics intends to start a million dollar offers and can reach up to $ 20 million in the near future.
The announcement of Trump's use as a treasury property has facilitated the increase in the company's shares.
On Friday in New York at 2:43 pm, the share number had increased by 108%, bringing its market value to $ 4.6 million. Freight Technologies is one of the first state -owned companies to make Trump “the cornerstone of his digital asset strategy.
The company had bought FET marks from a decentralized artificial intelligence platform for Fetch.Ai. As of April 29, Freight Technologies claimed that he owned FET for about $ 8 million.
US companies and crypto reserve assets
Recently, many companies have been open to crypto property to receive the treasury. The strategy and the metaplanet are two companies dedicated to the acquisition of Bitcoin (BTC) as a reserve property. On May 1, Michael Saylor announced that the strategy has doubled its capital plan to $ 42 billion in equity and $ 42 billion with a fixed income buy more bitcoinTo.
In addition, the strategy announced that the BTC yield has earned up to 13.7% and BTC's profit for $ 5.8 billion a year (YTD). By 2025, the strategy plans to increase its BTC yield goal from 15% to 25% and BTC's profits from $ 10 billion to $ 15 billion.
Metaplanet also prepares 3.6 billion JPY the Expand your Bitcoin holdingsTo. In addition to these companies, units like the House of Doge have strong Doge Holdings and SOL strategies are also dedicated to Solana's first cryptocurrency strategy.
The growing uproar of the national cryptores
It is worth noting that the Donald Trump administration has recently been in demand for crypto offers. He has personally invested in structures that promote an increase in crypto acceptance. During his campaign, President Trump announced a crypto strategic reserve plan with Bitcoin.
Senator Cynthia Lumm has helped this national cryptocurrency reserve, introducing Bitcoin Act InvoiceTo. Despite the slowing of the actual purchase of the US government BTC, crypto propagation has incited a decrease in demand for digital assets.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who enjoy writing about the actual applications and innovations of blockchain technology to control the general acceptance of evolving technology and global integration. His desire to educate people from cryptocurrencies inspire his contribution to well -known block chains and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow her on XTo do, LinkedIn
Obligations: The content presented may include the author's personal opinion and its subordination is the market condition. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.
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