Cronos Chain’s local Token Cro, Trump Media and Crypto.com, after the agreement between the 35 percent increased. However, this sudden rise led to great controversy in the community due to the printing of 70 billion new subcoins just a week ago. This fluctuation in the market led to a warning to retail investors to be cautious by large investors.
Zachxbt blames Cronos of misleading applications
Blockchain analyst Zachxbt criticized Crypto.com for the reproduction of the Cro Token supply burned in 2021 and the misleading of the community. Zachxbt claimed that Crypto.com has re -launched the 70 billion Cro token, which is specified as “permanently burned”. He used the following statements in a sharing on the X platform:
The original Cro supply was 100 billion. In 2021, 70 billion of this was permanently burned. Everyone who has invested since then believed that the maximum supply was 30 billion. However, only weeks ago, 70 billion Cro was reprinted.
This unexpected increase in supply, just before the agreement with Trump Media, aroused doubt in the community. Zachxbt claimed that this has made the Cronos ecosystem suspicious and CRO’s no different from a fraud case. In addition, Crypto.com, in the midst of such a discussion, such as Trump Media to make a significant partnership in question Zachxbt, “Why Coinbase, Kraken or Gemini instead of Crypto.com preferred?” he asked.
Trump Media and Crypto.com Partnership
Trump Media, a US President Donald Trump, announced his partnership with Crypto.com on Monday. This cooperation aims to create a number of ETP and ETP products containing ‘Made in America’ crypto assets. These products include Bitcoin (BTC), Crypto.com Coin (CRO) and other securities. ETF and ETPs are planned to be released after regulatory approval this year.
Crypto.com CEO, CEO Kris Marszalek, “Donald Trump’s Truth Social platform and I am proud to have partners in a series of ETFs, including a number of ETFs,” he said. This announcement increased the CRO price above $ 0.10, carrying up to 35 percent. 24 -hour transactions, the volume increased by 1,300% to 278 million dollars attracted attention.
The price of Altcoin rose, but can there be a decrease?
Although the Cro price gains great momentum with the effect of the Trump Media agreement, market analysts warn investors to be careful. The unexpected increase in token supply is interpreted as long -term price fluctuations may increase. In addition, the CRO ETF will be released in the market, as it will take the time to go out in the near future.
According to the analyzes, CRO price is expected to fluctuate around $ 0.10 during 2025. However, some experts argue that the token can rise up to $ 1 with the effect of Trump partnership. Trump’s influence on the crypto currency market had previously contributed to the rise of Trump breast coin. However, a clear conclusion has been reached as to whether the current developments have a “pump and dump” (artificial upgrade and sudden sales) movement.
