Trump Media and Technology Group has completed an important cryptocurrency transaction with Crypto.com, acquiring Taken Cronos (CRO) from 684.4 million. Cro Price Pump in September after this agreement?
The agreement was blocked in $ 105 million and the agreement was confirmed on September 5. Trump Media, who owns Truth Social, revealed that the agreement was divided between actions and cash.
Trump Media and https://t.co/vcnztatkng have closed their purchase agreement today, with Trump Media who completed the acquisition of 684.4 million $ Cro be stored safely and staken with the custody of https://t.co/vcnztatkng.
To find out more
https://t.co/duglghtx7r pic.twitter.com/82hnbzstuh
– Crypto.com (@cryptocom) September 5, 2025
Half of the payment arrived in Trump Media shares and the other half was in cash. This configuration gave Crypto.com a participation in the company.
The structure of the agreement assigns 50% in Trump shares and 50% in cash, giving Crypto.com an share position within the company.
Second GlobalnewswireCEO and President of Trump Media, Devin Nunes, said,
“Trump Media is pleased to close this agreement and start quickly to satisfy our strategic partnership with Crypto.com. We are convinced that CRO has a huge potential to spread widely as a versatile utility token and a higher and quick payment form and transfer of money and we are excited to add this innovative resource to our budget.”
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CRO price forecast: will the Trump Media whale acquire the price of the CRO in September?
Second TradingView dataCro Price is exchanged at $ 0.2652, showing a drop of -0.59% in the last 24 hours.
(Source – Cro USDT, TradingView)
A cryptographic analyst shared The table on X, indicating the key counts of the Elliott waves and the levels of retracing fibonacci that can guide the next CRO moves.
$ Cro He has now reached the first level of support in this correction, which is located at $ 0.266. https://t.co/relpnmthhx pic.twitter.com/n9yah3fnpe
– Another Crypto Online (@morecryptoonl) September 5, 2025
Cro is consolidating after an acute move upwards, now testing the Fibonacci retracement area of ​​23.6% to $ 0.266. This marks his first great support.
If the sale continues, the subsequent levels to be viewed are $ 0.210 (38.2%), $ 0.173 (50%) and $ 0.143 (61.8%). These could act as deeper support areas.
The graph still supports the bullish, where CRO seems to be in the early stages of an extension of wave III.
If the momentum is worth, the token could hit $ 0.396 (138%), $ 0.537 (161.8%) and $ 0.877 (200%). A long -term push could reach $ 1.43 (238%).
For now, the level of $ 0.266 is the key. A rebound from this point can arouse purchase interest and send CRO to the resistance interval of $ 0.39- $ 0.53. But if this support breaks, the price could fall back to $ 0.21- $ 0.17, slowing down the biggest trend.
In short, CRO’s path depends on the fact that buyers defend $ 0.266. The traders are looking closely to see if the configuration of wave upper Elliott can remain intact.
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