Cronos (CRO) Skyrockets by 140%: Here’s Why It Could Hit $1

Cronos (CRO) Surges 140%: Targeting $1

Cronos (CRO) jumped 56% in 24 hours and 140% over the week, reaching $0.34 on August 29, 2025, following the announcement of a historic partnership between Trump Media & Technology Group and Crypto.com.

This $6.4 billion deal creates Trump Media Group CRO Strategy, a crypto treasury focused on CRO, positioning the token at the heart of a revolutionary ecosystem.

With analysts targeting an ambitious $1 objective, is CRO ready to redefine institutional adoption? Here are the details and strategy to capitalize on it.

A Transformative $6.4 Billion Partnership

On August 26, 2025, Trump Media, owner of Truth Social, unveiled an alliance with Crypto.com and Yorkville Acquisition Corp to form Trump Media Group CRO Strategy, an entity listed under the ticker MCGA (“Make CRO Great Again”) on Nasdaq.

This treasury, equipped with $6.4 billion ($1 billion in CRO, $420 million in cash, and a $5 billion credit line), will hold 6.3 billion CRO tokens, representing 19% of the total supply.

Trump Media is investing $105 million in CRO, while Crypto.com acquires $50 million worth of DJT shares, creating a unique synergy.

This partnership aligns with Trump’s crypto strategy, already marked by World Liberty Financial and $2 billion in Bitcoin reserves. The integration of CRO as a utility token on Truth Social and Truth+ (via a rewards system and subscription payments) boosts its utility.

Kris Marszalek, CEO of Crypto.com, called this a “historic moment” on X, noting a 40% increase in CRO post-announcement. CRO’s market cap has climbed to $7.8 billion, ranking the token 28th globally.

Technical Analysis: Targeting $1

CRO’s rally from $0.14 to $0.34 in one week marks a major breakout above the historical resistance of $0.23 (May 2022). Trading volumes exploded to $1 billion over 24 hours (+850%), confirming the strength of the movement.

Glassnode reports an increase in active addresses to 3,100, a peak since December 2024, signaling increased network engagement.

Key levels to watch include:

• Support: $0.30–$0.28 (accumulation zones).
• Resistance: $0.40, then $0.50.
• Target: $0.75–$1 (261.8% Fibonacci extension).

A pullback below $0.28 could bring CRO back to $0.20–$0.22, but the bullish structure (higher highs and higher lows) and an RSI at 68 (not overbought) support momentum towards $1, a target representing +200% from current levels.

CRO will need to bounce off its FBB median average at $0.27 to potentially display higher highs in LTF over the coming days.

Fundamental Catalysts: An Expanding Ecosystem

Crypto.com, with 150 million users, strengthens CRO’s utility through services such as staking (5-7% yields), cashbacks on Visa cards, and reduced fees.

Additionally, partnerships with VeChain, VivoPower, and now Trump Media expand its adoption. The integration of CRO into Truth Social, with a system for converting “gems” into tokens, anchors its utility in a growing media ecosystem.

However, the reissuance of 70 billion CRO (previously slated to be burned) in March 2025 has drawn criticism for potential dilution, increasing the supply to 100 billion tokens.

Risks and Investment Strategy for CRO

Despite the euphoria, risks remain: post-rally volatility, supply dilution, and regulatory uncertainties around crypto treasuries. Investors should monitor Trump Media announcements and on-chain data (active addresses, staking).

Recommended strategy:

• Allocate 10-15% of a crypto portfolio to the token.
• Buy 30% at $0.32–$0.35, 40% on a pullback to $0.28–$0.30, and 30% post-breakout at $0.40.
• Stop-loss at $0.25; take profits at $0.50, $0.75, and $1 with trailing stop.
• Monitor volume ($1 billion over 24h) and ETF announcements via GetAgent on Bitget.

How to Invest in Cronos (CRO) on Bitget?

To capitalize on CRO’s potential towards $1, follow these steps on Bitget:

1. Create a Bitget account: Sign up on the Bitget website and complete KYC verification to access the CRO/USDT pair.
2. Fund your wallet: Deposit funds in USDT, BTC or via credit card.
3. Access the spot market: Search for CRO/USDT in the spot trading section.
4. Place a buy order: Choose a market order or a limit order to target $0.32–$0.35 or $0.28–$0.30 in case of a pullback.
5. Use GetAgent to optimize: Activate GetAgent to monitor supports ($0.28) and resistances ($0.40). Set up alerts for a breakout or pullback, and let AI automate purchases during bullish momentum, maximizing gains against 56% volatility over 24h.

Related topics:

• Why SONIC exploded by 17% in just a few hours
• Will Bitcoin drop if the FED doesn’t lower interest rates ?
• Here’s why China could trigger the altcoin season