Cronus, the original cryptocurrency of the Cronus series supported by Crypto.com, has risen to its highest levels in the wake of the news of the launch of the Trump media group strategy.
On Tuesday, the Trump Group of Media and Technology announced the launch of the CRONOS CRONOS treasury at $ 6.4 billion with Crypto.com and Yorkville Acquisition.
Cronus (CRO) increased by 25 % to $ 0.20 within hours after the announcement, before exceeding $ 0.23 on Wednesday, its highest level since May 2022, According to To Coingecko data.
The news raised mixed reactions within the community because some CRO owners were optimistic, while others expressed doubts about the influence of political figures.
TROMP Media Croes
With CRO rising to the highest level in several years, CEO CEPTO.com Chris Marzazzalek moved to X on Wednesday to report that Crypto assets rose 40 % in the aftermath of the CRO Media Group announcement.
Trump’s shares (DJT) rose Marzalek pointed to 5 % on the news, adding: “The value of CRO, which was now held under the umbrella of the Trump media group, is now more than $ 1.5 billion.”
The announcement of the Trump Media Group’s strategy came nearly four years after CRONOS was launched in Mainnet Beta in early November 2021.
CRO is still out of its highest levels ever
After penetrating $ 0.23, CRO’s market value increased by more than $ 7.8 billion, and gained more than 44 %.
Despite reaching its highest level in several years, CRO is still less than 300 % less than its peak at all of $ 0.965 registered a few days after the official Cronos Mainnet was launched in 2021.
Before the launch of the CRONOS series, CRO was known as Crypto.org Coin (CRO), ERC-20 icon on Ethereum Blockchain that was creature By Crypto.com founders in November 2018.
In March 2021, Crypto.com CRO was transferred to Blockchain Open Source, the Crypto.org series. Soon after the launch of CRONOS, the stock exchange renamed the distinctive symbol to Cronos in February 2022.
Mixed reactions
Amidst the assembly, CRONOS rose in the classification of upper encryption assets according to the maximum market, and the assets of encryption became 28 larger than the time of publication, According to To Coingecko.
Some commentators on social media expressed their optimism about CRO, suggestion The original “is worth a permanent place on top 10.”
Others were more skeptical, noting that Cronus canceled 70 billion crust burning in March 2025, although it was originally announced in the burn in 2021.
Related to: Trump encrypted projects have been offering $ 2.4 billion since 2022: Report
“I gave them 6 billion Crowe of symbols that were supposed to burn forever,” one of the commentators books On x.
Some skeptics also expressed their concerns about the influence of political figures on the price of CRO.
“Wonderful, and now my encryption portfolio depends on what some politicians say or do. Just what everyone wants. Can we have one thing that does not get politics?” Another poster books.
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2025-08-27 13:06:00
