CRO Jumps 44% in 24 Hours: What’s Behind the Price Increase Today (8/27/25)?

Jakarta, Pintu News – The price of Cronos (CRO) has experienced a significant surge of 44% in the last 24 hours, making it one of the most eye-catching assets in the cryptocurrency market today (August 27, 2025).

This price increase comes after the big announcement of Trump Media and Crypto.com launching a new treasury company through the acquisition of SPAC, which involves the purchase and accumulation of CROs as part of their financial strategy. So, what caused this price spike? Check out the full explanation!

CRO Price Rises 44% in 24 Hours

The chart above shows the price movement of Cronos (CRO) on CoinMarketCap over the last 24 hours. Starting from a level of around $0.19, the CRO price experienced a significant surge, peaking at around $0.23 before dropping slightly to $0.22.

This price surge, which occurred from night to morning, was characterized by sharp green candlesticks. Overall, market sentiment appeared positive, reflected by a 44.14% gain in the 24-hour period, with a surge in trading volume reaching $958 million, signaling increased investor interest.

Also read: 2 Trending ‘Crypto of the Day’, Soared Over 50% in a Day?

What are the factors for CRO’s price increase today?

As reported by Reuters, Donald Trump’s company, Trump Media & Technology Group, has captured the attention of the cryptocurrency world once again by announcing a new collaboration with Crypto.com.

The two companies have agreed to launch a new company that will implement a treasury strategy by adding to the native token holdings of their cryptocurrency platform, Cronos (CRO).

This move paves the way for Trump Media to get closer to the world of cryptocurrency, amidst the growing boom of the crypto market.

Through the acquisition of a SPAC (Special Purpose Acquisition Company), they will combine their efforts to introduce an investment model inspired by companies like MicroStrategy, which has successfully added to Bitcoin (BTC) holdings since 2020.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Reuters. Trump Media, Crypto.com launch new crypto treasury firm via SPAC deal. Accessed August 27, 2025.
• Featured Image: The Coin Republic