Cronos (CRO)The native token of the Crypto.com blockchain, jumped almost 18% to $ 0.095 Wednesday after the news that could be included in a new stock exchange on the stock market (ETF) Supported by Trump Media & Technology Group.
The proposed FNB, which awaits the approval of the American Securities and Exchange commission, would follow a basket of five cryptocurrencies: Bitcoin
ether (Eth)Solara (GROUND)Xrp (XRP) and cronos (CRO). If it is approved, CRO would represent 5% of the funding of the fund – its smallest component, but always a significant addition for a token rarely presented in the main institutional products.
This news raised CRO at around $ 0.08 Tuesday morning, exceeding the wider market of cryptography. The Coindesk 20 index, which follows the best digital active ingredients, only increased by 2.8% over the same period.
Although the bump is important, CRO remains the shadow of its old self. The token culminated at $ 0.69 in November 2021 during the last Haussier market. He experienced a short -term revival in December 2024, going to $ 0.21 in the middle of a market rally that followed the Donald Trump election to a second term. This rally, however, is quickly.
The development of ETF has drawn new attention to CRO, a token that feeds the crypto.com ecosystem, including its exchange and payment application. However, the token has a long ascent to reach its old summits. Merchants seem to react to the possibility of increased institutional exposure, but the dry has not yet approved the fund.
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