EddieJayonCrypto
25 Mar 25
The native cryptocurrency of Cronos chain, CRO, surged 35% following the deal between Trump Media and Crypto.com. However, allegations of CRO being a scam have emerged due to the minting of over 70 billion tokens just before the partnership. ZachXBT accused Crypto.com of misleading practices, claimi...
CRO, the native cryptocurrency of Cronos chain, surged 35% following the deal between Trump Media and Crypto.com. However, allegations of CRO being a scam have emerged due to the minting of over 70 billion tokens just before the partnership.
ZachXBT accused Crypto.com of misleading practices, claiming that they reversed the 2021 CRO token burn, reissuing 70 billion CRO tokens. The partnership with Trump Media led to a surge in CRO price, but market analysts warn of a potential pump and dump scenario.
The development of a CRO ETF will take time, and the initial excitement may wane. Despite the surge, the CRO price prediction suggests it could remain around 10 cents for most of 2025, although some call for a rally to $1 due to the Trump partnership.