CRO Surges 17% After Trump Media ETF Inclusion

by Ouess

Cronos Chain’s native token, CRO, is today’s top-performing crypto, soaring 17% after Trump Media & Technology Group revealed plans for a new crypto ETF featuring CRO alongside major assets like BTC, ETH, SOL, and XRP.

Why This ETF Matters for CRO

The proposed “Truth Social Crypto Blue Chip ETF” allocates:

  • 85% to BTC & ETH
  • 8% to SOL
  • 5% to CRO (higher than XRP’s 2%)

This inclusion:
✅ Boosts CRO’s legitimacy
✅ Attracts institutional interest
✅ Triggers first spot inflows in a week

Market Reaction & Price Outlook

CRO Price Source : TradingView

📈 Spot market inflows return (first since July 3)
📈 RSI at 58.99—room for more upside before overbought
📈 Price breaks 20-day EMA—bullish momentum building

Key Levels to Watch:

  • Upside Target: $0.116 if bullish trend continues
  • Support Level: $0.085 if selling pressure returns

CRO Spot Inflow/Outflow. Source: Coinglass

What’s Next for CRO?

While the ETF news has sparked excitement, traders should watch:
🔸 ETF approval timeline
🔸 Continued spot market demand
🔸 Broader crypto market sentiment

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