One of the most notable developments in the cryptocurrency market in recent years has taken place. Trump Media & Technology Group announced a strategic partnership with Crypto com, creating a total Cronos treasury of $6.4 billion. This major move sent CRO, Cronos' native token, skyrocketing. CRO quickly climbed from $0.16 to $0.35-$0.38, reaching a three-year high and surging over 100%. Partnership Details Trump Media, Crypto com, and Yorkville Acquisition Corp are merging to form a new company called Trump Media Group CRO Strategy. This entity will go public through a SPAC (Special Purpose Acquisition Company) deal. Key Details of the Deal
Trump Media will acquire $105 million worth of CRO tokens.
Crypto com will acquire $50 million worth of DJT (Trump Media stock).
A treasury structure of $6.4 billion includes approximately $1 billion in CRO, $200 million in cash, $220 million in warrants, and a $5 billion credit line.
Through this partnership, CRO will be integrated into the Truth Social platform. Users will be able to use CRO for rewards, payments, and subscriptions. Furthermore, Trump's pro-crypto policies (e.g., the US Bitcoin Reserve Initiative and the GENIUS Act) further reinforce this move.
Price Action and Market Impact Following the announcement, the CRO price gained between 135% and 150%. Daily trading volume reached $2.25 billion, and the number of active addresses reached its highest level since December 2024. 🔎 According to technical analysis, CRO could move towards the $0.42-$0.45 resistance levels. However, the reissue of 70 billion CRO burned in the past raises the issue of supply-side inflation. This theoretically translates to a supply increase of over 200%. Market analysts emphasize that this development represents the intersection of crypto and politics. The Trump family's deeper entry into the crypto ecosystem has led to CROs attracting the attention of institutional investors. Some experts predict that CROs could reach $1, but they also note that short-term fluctuations are inevitable. 🤔Potential Risks and Future Prospects While this partnership reinforces Trump's crypto-friendly stance, the SPAC deal is expected to close in the last quarter of 2025. Market volatility may remain high during this period; whale selling or regulatory pressures, in particular, could impact the price.
However, the Truth Social integration and CRO's ETF speculation are strong bullish signals for long-term investors.
The Trump Media and Crypto com partnership elevates CROs beyond being a mere token and places them at the center of a larger ecosystem. This development continues to attract investor attention while increasing the role of politics in crypto.
🔔 Reminder for investors: Remember to practice DYOR (Do Your Own Research). This content is not financial advice.
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CRO Market Soars Over 100% After Trump Media Partnership!
🔥 🔥 🔥 #CRO# 🔥 🔥 🔥
One of the most notable developments in the cryptocurrency market in recent years has taken place. Trump Media & Technology Group announced a strategic partnership with Crypto com, creating a total Cronos treasury of $6.4 billion. This major move sent CRO, Cronos' native token, skyrocketing. CRO quickly climbed from $0.16 to $0.35-$0.38, reaching a three-year high and surging over 100%.
Partnership Details
Trump Media, Crypto com, and Yorkville Acquisition Corp are merging to form a new company called Trump Media Group CRO Strategy. This entity will go public through a SPAC (Special Purpose Acquisition Company) deal.
Key Details of the Deal
Trump Media will acquire $105 million worth of CRO tokens.
Crypto com will acquire $50 million worth of DJT (Trump Media stock).
A treasury structure of $6.4 billion includes approximately $1 billion in CRO, $200 million in cash, $220 million in warrants, and a $5 billion credit line.
Through this partnership, CRO will be integrated into the Truth Social platform. Users will be able to use CRO for rewards, payments, and subscriptions. Furthermore, Trump's pro-crypto policies (e.g., the US Bitcoin Reserve Initiative and the GENIUS Act) further reinforce this move.
Price Action and Market Impact
Following the announcement, the CRO price gained between 135% and 150%. Daily trading volume reached $2.25 billion, and the number of active addresses reached its highest level since December 2024.
🔎 According to technical analysis, CRO could move towards the $0.42-$0.45 resistance levels. However, the reissue of 70 billion CRO burned in the past raises the issue of supply-side inflation. This theoretically translates to a supply increase of over 200%.
Market analysts emphasize that this development represents the intersection of crypto and politics. The Trump family's deeper entry into the crypto ecosystem has led to CROs attracting the attention of institutional investors. Some experts predict that CROs could reach $1, but they also note that short-term fluctuations are inevitable.
🤔Potential Risks and Future Prospects
While this partnership reinforces Trump's crypto-friendly stance, the SPAC deal is expected to close in the last quarter of 2025. Market volatility may remain high during this period; whale selling or regulatory pressures, in particular, could impact the price.
However, the Truth Social integration and CRO's ETF speculation are strong bullish signals for long-term investors.
The Trump Media and Crypto com partnership elevates CROs beyond being a mere token and places them at the center of a larger ecosystem. This development continues to attract investor attention while increasing the role of politics in crypto.
🔔 Reminder for investors: Remember to practice DYOR (Do Your Own Research). This content is not financial advice.