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StockWaves > Blockchain > Cronos Worth Soars 39% On Trump Media, Crypto.com Plan
Blockchain

Cronos Worth Soars 39% On Trump Media, Crypto.com Plan

StockWaves By StockWaves Last updated: August 28, 2025 6 Min Read
Cronos Worth Soars 39% On Trump Media, Crypto.com Plan
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Contents
Trump Media To Create “Largest Publicly Traded CRO Treasury”CRO Worth Met With Resistance After Treasury Information RallyAssociated Articles:

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The Cronos value surged greater than 39% within the final 24 hours to commerce at $0.2211 as of 4:15 a.m. EST after Trump Media and Know-how Group (TMTG) introduced a partnership with Crypto.com and Yorkville Acquisitions to create a $6.42 billion CRO treasury agency.

CRO value chart (Supply: CoinMarketCap)

Trump Media To Create “Largest Publicly Traded CRO Treasury”

The businesses mentioned in an Aug. 25 joint announcement that they are going to work collectively to determine the Trump Media Group CRO Technique. 

Its digital asset treasury will probably be funded with $1 billion value of CRO tokens, $420 million in money and warrants, in addition to a $5 billion credit score line from one in every of Yorkville’s associates. 

That may make the treasury agency the “first and largest publicly traded CRO treasury firm,” the businesses mentioned. It may additionally change into the “largest digital asset treasury firm to market cap ratio in historical past.” 

From right this moment’s AMA with @Kris, CEO of @cryptocom

“What makes Trump Media Group CRO Technique distinctive amongst digital asset treasuries” pic.twitter.com/ddcfi9RW3z

— Crypto.com (@cryptocom) August 26, 2025

Trump Media has additionally bought $105 million value of CRO tokens, whereas Crypto.com acquired $50 million value of Trump Media shares, in accordance to a publish on X by the change’s CEO, Kris Marszalek. 

CRO can even change into a utility token for Fact Social, which is a media platform owned by TMTG.

The brand new entity can even function a validator node for the Cronos community. It will allow the treasury agency to take part immediately within the community’s safety and governance in addition to generate staking rewards. As such, the corporate will compound its CRO holdings whereas offsetting its operational prices. 

CRO Worth Met With Resistance After Treasury Information Rally

As soon as information of the partnership and CRO treasury broke, a wave of shopping for exercise entered CRO’s charts. This enabled it to interrupt above the resistance at $0.1686, in keeping with information from GeckoTerminal.

That transfer additionally noticed the altcoin break above the following resistance degree at $0.1985 and attempt to do the identical with the following technical barrier at $0.2273. It was in a position to briefly clear this impediment, however has since pulled again to under the mark.

WCRO Chart ImageWCRO Chart Image

Every day chart for WCRO/USD (Supply: GeckoTerminal) 

Some promoting strain has entered CRO’s charts following the latest rally, as evident by the wicks current above the final 2 day by day candles. Along with this, shopping for quantity has additionally dropped. 

Yesterday, the altcoin’s buying and selling volumes reached $10.4 million, a determine that has dropped to round $3.628 million prior to now 24 hours. 

Nonetheless, the CRO value nonetheless has stable technical help, with indicators such because the Relative Energy Index (RSI), Shifting Common Convergence Divergence (MACD), and Exponential Shifting Averages (EMAs) nonetheless leaning bullish.

That’s because the RSI stays sloped to the upside after rising from deep oversold territory to only under 80. Whereas the present studying is above the 70 overbought threshold, it’s commonplace for RSI readings to stay excessive for sustained intervals of time when a crypto is pumping. 

With an organization linked to the Trump household getting concerned with CRO, which may be the case on this occasion. Nonetheless, merchants will wish to regulate the indicator, as a result of it may result in a quick pullback.

In the meantime, the MACD line crossed above the MACD Sign line within the final 48 hours. It is a traditional bullish flag that implies the crypto has entered right into a optimistic development. What’s extra, the rising hole between the MACD and MACD Sign strains exhibits strengthening bullish momentum. 

Including to the bullish outlook is the present alignment of the 9, 20 and 50 EMAs. The 9 EMA is positioned above the 20 EMA, and each are positioned above the longer 50 EMA. It is a bullish alignment, which factors to a continued rise within the CRO value if bulls act on the sign. 

With the present technical indicators seen with the MACD, RSI and EMAs, CRO appears to have the momentum and bullish backing wanted to climb increased over the following 24-48 hours. 

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