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Cronos (CRO) soars over 100% in 48 hours; Here’s why

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Cronos (CRO) has staged one of its sharpest rallies on record, surging more than 53% in the past 24 hours and nearly 137% over the past week. The move was fueled by a wave of news connecting the token to both Donald Trump’s media empire and a proposed U.S. crypto ETF. Cronos 1-week price chart. Source: Finbold On July 8, Trump Media & Technology Group filed with the SEC for a “Crypto Blue Chip ETF,” which would allocate 5% of its portfolio to CRO alongside Bitcoin and Ethereum. While the SEC has delayed its ruling until October 8, optimism has remained strong, particularly as Crypto.com was tapped to custody the ETF’s assets. The momentum accelerated after Trump Media announced a partnership with Crypto.com to integrate CRO as the official utility token of the Truth Social platform on August 26. As part of the deal, Trump Media will purchase approximately 685 million CRO (worth around $105 million) for its balance sheet. Trump Media Group CRO Strategy also anno...

'Buy Cronos Now': Upside Target 31% For CRO Coin

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Global trading platform Crypto.com’s native token Cronos (CRO) coin has nearly tripled investor’s money in a month. It jumped close to 180% in the last 30 days attracting heavy bullish sentiments in the charts. Leading altcoins have printed new yearly highs this month as Bitcoin is anticipating breaching the $100,000 milestone. When that happens, the cryptocurrency market will brim with positivity and investors’ enthusiasm will hit a peak. Also Read: Chainlink Doubles Investor’s Money: Should You Invest in LINK Now? Source: Coingecko Cronos is currently trading at the $0.20 level on Wednesday and is already up nearly 2% in the day’s trade. A recent price prediction has painted a bullish trajectory for CRO coin indicating that it could surge further in December. The firm has given a ‘buy’ call on CRO coin predicting that a surge of 31% is on the cards. Also Read: MATIC: After Rising 150%, Can Polygon Double Your Money Again? Cronos: CRO Coin New Price ...