CRO Price Prediction: Can Cronos Stay Above $0.30 Post Trump Media Coverage?

Jakarta, Pintu News – Cronos (CRO) recently recorded one of its biggest spikes in recent months.

The Cronos coin price surged 61% in the past 24 hours, breaking $0.30 for the first time since December 2024, following news that Trump Media & Technology Group purchased 6.31 billion CRO tokens (approximately $1 billion) and integrated Cronos into Truth Social as its platform token.

Check out this CRO price prediction by Joseph Alalade, crypto content writer at Bankless Time!

Partnership with Trump Media

This partnership not only raises Cronos’ profile but also makes Trump Media the largest CRO holder in the world, locking in nearly 19% of the total supply. With previous treasury purchases of $105 million, the company now controls nearly 7 billion CRO coins.

This was supported by a new partnership with Nasdaq and a $5 billion line of credit from Yorkville America Digital aimed at further acquisitions. This price increase came alongside a surge in CRO’s trading volume which reached $551 million, up 1,060% in a day.

CRO active addresses on the blockchain also peaked with 20,465 on August 22, indicating increased retail and DeFi activity on the Cronos network.

Read also: 3 Reasons Why the Crypto Market Had a ‘Flash Crash’ This Week

ETF Speculation and Its Impact

Speculation regarding ETFs has also affected the price of CRO. The US Securities and Exchange Commission (SEC) has postponed their decision regarding the “Crypto Blue Chip” ETF proposed by Trump Media, which includes 5% exposure to CRO, until October 8. Meanwhile, the filing of a Staked CRO ETF by Canary Capital is still under review.

While this delay creates uncertainty, CRO’s involvement in several ETF proposals reinforces its reputation as a regulation-friendly asset. This suggests significant long-term growth potential for CRO as a digital asset.

Read also: Ethereum Predicted to Surpass Bitcoin in 1-2 Crypto Market Cycles? Here’s the Analysis!

Technical Analysis and Price Predictions

Technical data shows that the price of CRO has confirmed a major bullish breakout. The token managed to break the 200-day EMA at $0.113 and reclaim the 23.6% Fibonacci retracement at $0.161, before consolidating around $0.198. Technical indicators show strong buy signals.

The RSI is close to 74, showing strength despite being close to overbought territory. The MACD has crossed to positive, and the moving averages across all major time frames indicate “Strong Buy”.

Analysts suggest $0.22 as immediate resistance, with the next Fibonacci level at $0.24. A sustained close above $0.22 could trigger a multi-week rally, especially if Trump Media implements the Truth Social tokenization plan.

Conclusion

With strategic partnerships and deep integration into social media platforms, Cronos (CRO) could potentially undergo a transformation from an exchange token to a Web3 social media utility coin. This marks a new era for CRO, with significant growth opportunities driven by institutional adoption and a mature treasury strategy.

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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

• Bankless Times. CRO Price Prediction: Can Cronos Hold $0.20 After Trump Media Pump?. Accessed on August 28, 2025