Cronos Pump: Will Trump’s Social Plan Drive CRO Price?

Cronos Pump: Will Trump’s Social Plan Drive CRO Price?

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Trump Media and Technology Group has implemented a new functionality on his social platform of truth that binds his system of digital prizes to cryptocurrency: will this scheme pay?

According to the agencyTravelers who register for the Patriot package, the paid version of its streaming Truth+service, will now receive further advantages, including access to “Truth Gems”.

These gems can be earned through activities on Trump media platforms and subsequently converted into Cronos (CRO), the native sign of Crypto.com, And the Exchange portfolio infrastructure will manage the conversion process.

This move represents a movement of the strategy. At the beginning of this year, Trump Media had float the idea of ​​launching his own digital and useless portfolio.

In a April 29 letter For shareholders, CEO Devin Nunes explained that such a token could be used for subscription payments and potentially expanded to other products within the company’s ecosystem.

At the time, the token was also considered the centerpiece of a wider prize system.

Speculation in May suggested that Trump’s media could introduce A social memecoin of truth, but the company has rejected these relationships. Donald Trump Jr. publicly said there was “no truth” for statements.

 

(Source – Truth Social)

By connecting his prizes with CRO instead of creating a new token, Trump Media is reporting a preference for integration with an existing cryptocurrency rather than the risks and development costs of one from scratch. \.

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CRO price analysis: what does Hype Global About Cro mean for its price prospects?

Crypto.com, Cronos (Cro) token is gaining an unusual traction among the centralized financial communities (Cefi) and Defi).

Analysts Note This commitment around the Asset has increased, with some speculations that connect figures such as the President of the United States Donald Trump to the interest for CRO as part of wider ETF discussions.

The chatter increased CRO’s global visibility, but the feeling of the market remains divided. Some merchants see space for long -term growth, while others argue that the volatile performance of the token make it uncertain.

In the rankings, CRO/USDT shows signs of correction after a strong event.

The token recently was unable to break the resistance in the $ 0.35- $ 0.36 interval and has since retired to $ 0.25. The action of prices now reflects high low, constant sales pressure and reduced commercial volumes of approximately 38.7 million, reporting the racing enthusiasm by buyers.

The technical projections suggest a possible negative aspect of over 50% from recent maximums, with key risk levels of about $ 0.12- $ 0.13.

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Traders currently see support near $ 0.123, while sellers hold a resistance company at $ 0.345. Analysts say that the market must recover above $ 0.35 to revive the upward momentum.

On the contrary, a drop supported below $ 0.20 could trigger further losses.

The largest structure of the market has moved from upward to corrective, with the demand for profit and fading that weighs on Cro after its increase in breakout.

At the time of printing, the CRO price is exchanged at $ 0.25268, showing a slight decline of -0.89% in 24 hours according to TradingView data.

(Source: Croousdt, TradingView)

In summary, the CRO graph shows a market to a crossroads: while the interest of the community is increasing globally, the technical signals indicate a deeper risk of pullbacks unless they emerge a new purchase volume near the current levels.

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