Cronus does fraud allegations appear after the Trump Cryptocom deal, will the Crowe price be disrupted?
The original cryptocurrency of the CRONOS series increased by 35 % in hours after the deal between Trump Media and Crypto.com on Monday. However, the allegations that CRO is a fraud that was rising by more than 70 billion distinctive symbols just one week before this partnership was closed. While the price of CRO has gained tremendous momentum, senior players have warned against making any new bets.
Zachbt offers CRONOS to misleading practices
Blockchain Sleute Zachbt Out Crypto.com, Cronos Series developer, accused of reversing the outstanding symbol of 2021 and misleading its community. Zachxbt claimed that Crypto.com was recently re -released 70 billion CRO codes that were previously burned “forever”, which represents 70 % of the total offer. In a message on X platformbooks:
“Originally, the total CRO supplies amounted to 100 billion. In 2021, 70 billion of this offer was constantly burned. Whoever has invested since then believes that Max Supply was 30 billion. Just week ago, they re -released 70 billion CRO.”
This sudden increase in the offer of CRONOS children, before Crypto.com, raised a deal with Trump Media, doubts between society. “Crowe is not different from the fraud.”
Zachbt also questioned the ability of Crypto.com to secure partnerships given the controversy. He said: “Not sure why the truth is chosen to exchange you on Coinbase, Kaken or Gemini after this step.”
Trump Media and Crypto.com Partnership
Trump Media, US President Donald Trump, has made a partnership with Crypto.com on Monday to launch a series of ETF and ETP products for digital assets “Made in America”. Products will include digital assets, including Bitcoin (BTC) and Crypto.com Coin (CRO), along with other securities. ETFS and ETPS later this year are to be launched, pending organizational approval.
In response to the development, Chris Marzalek, CEO of Crypto.com, said: “I am proud of partnership with Donald Truth Social series of a series of traded investment funds, including the first ETF in the world with CRO.”
Well, this announcement was sufficient to send the CRP price by 35 %, as it exceeded 10 cents, with trading volumes over 24 hours increased 1300 % to 278 million dollars.
Will CRO PRICE a pump and discharge?
Although the original CRO CRYPTOCURRRRRRRRRRRRRRRRRRRRRRR The CRONOS has witnessed an instant pump in its price, market analysts ask investors to keep caution amid the last supply pump. Also, the development of the ETF CRO will continue to take time to achieve it and the initial euphoria can fade in the coming days.
The CRO prediction index indicates that Altcoin can flirt with about 10 cents for most of 2025. However, there were already invitations to a rally to $ 1 amid the last Trump partnership. The Donald Trump’s Crypto’s participation often has taken sharp price action, as Trump Meme Coin has recently seen renewed attention.
Bushan Akolkar
Bhushan is enthusiastic about technology with a severe understanding of the financial markets. His interest in economics and financing has focused on emerging technology and encrypted technology markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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