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Cronos Soars 40% After Trump Media Ties In, But Not Everyone’s Cheering
The post Cronos Soars 40% After Trump Media Ties In, But Not Everyone’s Cheering appeared on BitcoinEthereumNews.com. Cronos (CRO), the native token of Crypto.com’s Cronos Chain, just had its loudest comeback since the bull days of 2021. The trigger? Donald Trump announcing a $6.4 billion “CRO Strategy” alongside Crypto.com and Yorkville Acquisition. The market response was immediate—Cronos ripped 40% higher, touching levels last seen in May 2022 before pulling back. Trump Media & Technology Group (TMTG), fresh off its controversial public debut, revealed Tuesday that it will launch a joint Cronos treasury worth billions. The optics are clear: Trump’s orbit is explicitly hitching itself to a crypto ecosystem that’s been fighting to stay relevant. Within hours of the news, CRO jumped from $0.20 to $0.23—its sharpest move in nearly two years. By Wednesday, Crypto.com CEO Kris Marszalek took to X, bragging that the “CRO Strategy” had juiced the token’s value by 40%, putting Trump Media’s CRO stash at over $1.5 billion. Even Trump Media’s stock (DJT) rose 5% in sympathy. Cronos jumped before pulling back as traders took profits, Source: BNC Why This Matters CRO’s First Big Headline Since 2021: Cronos has been a sleeper chain, mostly overshadowed by Ethereum, Solana, and Binance’s BNB. This Trump deal is the first mainstream narrative to put CRO back in the spotlight. Cronos Market Cap Surge: With the rally, CRO’s market cap punched through $7.8 billion, moving it into the top 30 cryptos by size. That’s a healthy rebound but still a shadow of its former glory. Still Far From ATH: Let’s not kid ourselves—CRO’s peak was nearly $1 in late 2021. Even after this pump, it’s down ~300% from those highs. Mixed Reactions: Moon Boys vs. Skeptics Predictably, the news split the community: Optimists see this as Cronos’ ticket to mainstream adoption, with some voices calling for CRO to be a “permanent top 10” coin. Skeptics point to the…
The post Cronos Soars 40% After Trump Media Ties In, But Not Everyone’s Cheering appeared on BitcoinEthereumNews.com.
Cronos (CRO), the native token of Crypto.com’s Cronos Chain, just had its loudest comeback since the bull days of 2021. The trigger? Donald Trump announcing a $6.4 billion “CRO Strategy” alongside Crypto.com and Yorkville Acquisition. The market response was immediate—Cronos ripped 40% higher, touching levels last seen in May 2022 before pulling back. Trump Media & Technology Group (TMTG), fresh off its controversial public debut, revealed Tuesday that it will launch a joint Cronos treasury worth billions. The optics are clear: Trump’s orbit is explicitly hitching itself to a crypto ecosystem that’s been fighting to stay relevant. Within hours of the news, CRO jumped from $0.20 to $0.23—its sharpest move in nearly two years. By Wednesday, Crypto.com CEO Kris Marszalek took to X, bragging that the “CRO Strategy” had juiced the token’s value by 40%, putting Trump Media’s CRO stash at over $1.5 billion. Even Trump Media’s stock (DJT) rose 5% in sympathy. Cronos jumped before pulling back as traders took profits, Source: BNC Why This Matters CRO’s First Big Headline Since 2021: Cronos has been a sleeper chain, mostly overshadowed by Ethereum, Solana, and Binance’s BNB. This Trump deal is the first mainstream narrative to put CRO back in the spotlight. Cronos Market Cap Surge: With the rally, CRO’s market cap punched through $7.8 billion, moving it into the top 30 cryptos by size. That’s a healthy rebound but still a shadow of its former glory. Still Far From ATH: Let’s not kid ourselves—CRO’s peak was nearly $1 in late 2021. Even after this pump, it’s down ~300% from those highs. Mixed Reactions: Moon Boys vs. Skeptics Predictably, the news split the community: Optimists see this as Cronos’ ticket to mainstream adoption, with some voices calling for CRO to be a “permanent top 10” coin. Skeptics point to the…
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