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Publication date: August 28, 2025
Cronos (CRO) has been one of the most talked about coins in the crypto world in recent days. Where most altcoins are still struggling to recover, Cronos managed to show an explosive rise of over 40% in a single day. The immediate cause? A billion-dollar deal involving the Trump Organization and Crypto.com joining forces. This put the spotlight not only on Cronos, but also on the broader crypto market.
What is Cronos and the role of Crypto.com?
Cronos is the native blockchainof Crypto.com, one ofthe largest crypto exchanges in the world with more than 80 million users. The network focuses on fast and low-cost transactions, smart contracts, and applications within DeFi and Web3. The token $CRO plays a central role: it is used for transactions, strike and discounts within the exchange. Because of Crypto.com's strong brand name, Cronos has always been one of the more visible altcoins.
Trump and the billion-dollar deal
On Aug. 26, 2025, Trump Media & Technology Group announced that it is co-founding a new company with Crypto.com. This company will deal with managing large amounts of Cronos (CRO) tokens and will take the form of a so-called SPAC. A SPAC is a shell exchange company set up specifically to raise capital. Then such a SPAC uses that money to merge with a real company. That way, a new company can get listed quickly and easily. In this case, the SPAC will go public under the name MCGA.
The deal itself is huge in scope:
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More than $1 billion in Cronos (CRO) tokens are being purchased.
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In addition, hundreds of millions of dollars in cash and shares are being contributed.
The goal is to use Cronos on a large scale within Trump's media platforms,such as Truth Social. Thiswill give the token a clear and visible role in a major U.S. media company.
For Cronos, this is very special, as it is rare for an altcoin (an alternative crypto currency besides Bitcoin and Ethereum) to be embraced on such a large scale by an institution. The market reacted immediately: CRO's share price skyrocketed and trading volume quadrupled in a short period of time.
Share price development
The chart below shows the price movement of Cronos (CRO). After the news about the cooperation with Trump, the currency managed to break through an important resistance. Since 2021, the resistance around $0.23 has not been convincingly broken even during the previous crypto rally in November 2024. This makes the current breakthrough extra meaningful and could be the basis for a sustained positive scenario. By comparison, the highest price ever was reached in November 2021, around $0.99, during the so-called altcoin season, a period when many altcoins set their record highs.
Trump's influence on both stock and crypto markets has been seen before, but a situation where a specific altcoin like Cronos gets such a strong boost from a direct Trump deal is special and rare. In early August, Cronos was still trading around $0.13. After the announcement of the deal, the price rose to $0.35 - $0.38 in a few days, an increase of over 40% in one day and even more than 140% in three days. In the process, trading volume jumped to nearly $1 billion per day, a fourfold increase from previous levels.
The big question is whether the current Trump hype can push Cronos back toward its old record. The next few days will be crucial to how the stock price continues. If Cronos manages to convincingly break through the resistances around $0.40 and $0.50, the road towards the psychological barrier of $1 is open. Nevertheless, it should be stressed that this remains an extremely risky investment precisely because of the high volatility at the moment.
What could further push up the price of Cronos
1. Institutional adoption: The Trump deal may be an example that others follow, giving Cronos more legitimacy.
2. Strong Crypto.com brand name: With millions of users, the coin is likely to become more widely used within payments and rewards programs.
3. Roadmap 2025-2026: Cronos aims to establish itself as a blockchain for institutional on-chain finance, which could provide additional capital inflows.
4. Community and ecosystem: A growing number of dApps and DeFi applications may further strengthen demand for $CRO.
What could thwart the price of Cronos?
1. High volatility: The price jump is impressive, but also speculative; rapid reversals are always lurking.
2. Political risks: The strong association with Trump could give Cronos both upside and downside, depending on political developments.
3. Competition: Other blockchains such as Solana and Polygon continue to compete for the same market segments.
4. Regulation: Stricter policies around crypto and especially altcoins could make adoption more difficult.
Conclusion
Cronos (CRO) is in the spotlight thanks to the deal between Trump Media and Crypto.com. The billion-dollar investment and the deployment of a SPAC give the coin an institutional weight rarely seen in altcoins. The price jump of more than 140% in just a few days underscores how big an impact this news has had, both for Cronos and the broader crypto market.
Still, caution remains in order. The current hype may push Cronos toward higher levels, but the volatility makes the coin risky at the same time. The coming period will have to show whether Cronos is able to maintain the breakout above $0.40 and $0.50 and possibly grow again toward its old record of nearly $1. For investors, therefore, it is an exciting but also uncertain playing field, where opportunities and risks go hand in hand.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.
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