Cronos Pump: Could Trump’s Social Strategy Impact CRO Value?
The Trump Media and Technology Group has introduced a fresh feature on its Truth Social platform, linking its digital rewards initiative with crypto asset – will this strategy prove beneficial?
As noted by the company, individuals who opt for the Patriot Package, the premium tier of its Truth+ streaming service, will gain additional perks, such as access to “Truth gems.”
These gems can be accumulated through activities on Trump Media platforms and subsequently exchanged for Cronos (CRO), the native crypto asset of Crypto.com, with the exchange’s crypto wallet infrastructure facilitating the conversion.
This action signifies a strategic pivot. Earlier this year, Trump Media had considered launching its own wallet and utility token.
In a letter dated April 29, addressed to shareholders, CEO Devin Nunes elaborated that such a crypto token could facilitate subscription payments and could potentially expand to various offerings within the company’s ecosystem.
At that point, the coin was also envisioned as a core element of a more extensive rewards program.
In May, speculation arose that Trump Media might launch a Truth Social memecoin, yet the company rejected those claims. Donald Trump Jr. publicly asserted that there was “no truth” to the rumors.
By associating its rewards program with CRO instead of launching a new token, Trump Media indicates a preference for utilizing an established cryptocurrency while avoiding the complexities and expenses associated with creating one from the ground up.
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CRO Price Analysis: What Implications Do Global Trends Surrounding CRO Have on Its Price Forecast?
Crypto.com’s coin, Cronos (CRO), is experiencing significant attention from both centralized finance (CeFi) and DeFi (Decentralized finance) sectors.
Analysts highlight that interest in the asset has increased, with some speculation tying figures like US President Donald Trump to a broader context of ETF discussions involving CRO.
Pack it up guys
For the first time, @cryptocom is bull posting cro
People from both cefi and Decentralized finance side are engaging with one another
Donald trump is buying CRO for etfs
Everyone sees cro on a global level
ITS OVER CRO TO ZERO pic.twitter.com/hY9VFqwiEg
— 21 Million.212 (@Blockchainwork5) September 9, 2025
The buzz has heightened CRO’s international profile, yet trading market sentiment is still mixed. Some traders foresee potential long-term growth, while others believe the token’s erratic performance raises questions about its stability.
In technical analyses, CRO/USDT is showing signs of correction following a robust increase.
The crypto token recently struggled to surpass price ceiling in the $0.35-$0.36 bracket and has since fallen back to around $0.25. Price movements currently suggest lower highs, consistent selling pressure, and diminished trading volumes at approximately 38.7 million, indicating a decrease in buyer enthusiasm.
Forecasts indicate a potential decline of over 50% from recent peaks, with critical risk thresholds around $0.12-$0.13.
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Traders currently identify support near $0.123, while resistance remains strong at $0.345. Analysts assert that the crypto market must reclaim levels above $0.35 to reinvigorate bullish momentum.
However, a consistent drop below $0.20 could lead to further declines.
The overall market environment has transitioned from uptrend to corrective, with profit-taking and declining demand weighing on CRO since its price breakout surge.
At press time, CRO is trading at $0.25268, reflecting a slight decrease of -0.89% over the past 24 hours according to TradingView data.
(Source: CROUSDT, TradingView)
In conclusion, the chart for CRO reveals a market at a pivotal moment: while community engagement is escalating globally, technical indicators highlight the danger of a more profound retracement unless new buying interest emerges at current prices.
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The article Cronos Pump: Will Trump’s Social Plan Drive CRO Price? first appeared on 99Bitcoins.
