{"id":168248,"date":"2025-08-28T19:19:08","date_gmt":"2025-08-28T16:19:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=168248"},"modified":"2025-08-28T19:27:48","modified_gmt":"2025-08-28T16:27:48","slug":"cronos-hits-0-35-after-surging-58-in-24-hours-best-altcoin-to-buy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cronos-hits-0-35-after-surging-58-in-24-hours-best-altcoin-to-buy\/","title":{"rendered":"Cronos Hits $0.35 After Surging 58% in 24 Hours: Best Altcoin to Buy?"},"content":{"rendered":"

The broader crypto market is recovering from the August 25th dip, growing by $150 billion in just 48 hours. With sentiment transitioning from neutral to bullish, utility tokens are rapidly attracting attention.<\/p>\n

Among the biggest winners, Crypto.com\u2019s native token Cronos (CRO) has exploded in value this week, growing by 58% today alone. The sudden surge came after Crypto.com partnered with the Trump Media Group to establish a massive CRO treasury.<\/p>\n

With the partnership enhancing CRO\u2019s utility and the token\u2019s spot ETFs on the horizon, it seems well-positioned for long-term growth. Let\u2019s take a closer look at the now fifteenth-largest cryptocurrency to explore how high it could go in this current cycle.<\/p>\n

Trump Media Group\u2019s $6.4B Planned Investment Propels Cronos \u2013 How High Can it Go?<\/h2>\n

Entering August 21st priced at $0.1419, Cronos has achieved tremendous gains over the week. Following today\u2019s 58% gains, it is up 151% in the past seven days.<\/p>\n

The move helped Cronos breach the $0.35 level after it spent over three years consolidating below $0.21. Additionally, it saw CRO flip Stellar (XLM) and enter the top 15 cryptocurrencies list, boasting a market cap of $11.9 billion.<\/p>\n

The news of a partnership between Trump Media Group, Yorkville Acquisitions, and Crypto.com sparked the rally once Crypto.com announced it on August 26th.<\/p>\n

\n

\ud83d\udea8 Breaking News:<\/p>\n

Today is a historic day for $CRO<\/a><\/p>\n

Trump Media Group CRO Strategy has announced $6.4B in funds to build America\u2019s Cronos Treasury.<\/p>\n

At closing, Trump Media Group CRO Strategy is expected to be the world\u2019s largest holder of CRO.<\/p>\n

Read the press release for more\u2026 pic.twitter.com\/QQrSZLlKu4<\/a><\/p>\n

\u2014 Crypto.com (@cryptocom) August 26, 2025<\/a><\/p><\/blockquote>\n

The three companies entered an agreement to establish the largest CRO corporate treasury via Trump Media Group CRO Strategy Inc. According to Crypto.com, the newly established entity will become the world\u2019s largest holder of CRO, investing at least $6.42 billion into the token.<\/p>\n

Earlier this year, the same companies partnered to support an \u201cAmerica-First\u201d ETF basket. These ETFs consist mostly of US-based cryptocurrencies, including Cronos. If approved, they could open the doors to billions in institutional investments for Cronos in the future.<\/p>\n

While the partnership makes headlines with its massive investments, Cronos\u2019 expanding utility may also positively impact its price.<\/p>\n

\"cronos<\/p>\n

Following the August 26th update, Cronos is now also a utility token of Truth Social and Truth+. As such, it lets the social media platform\u2019s users convert their in-app rewards into CRO. Plus, CRO\u2019s integration into the platform introduces free or discounted subscriptions and service payments via Crypto.com\u2019s digital wallet infrastructure.<\/p>\n

While these bullish developments pave the way for Cronos\u2019 surge in the long term, the current buying pressure is slowly becoming exhausted. Reaching a Relative Strength Score (RSI) of 82.61 following today\u2019s surge, CRO now stands in overbought territory. Additionally, its long\/short ratio has plunged to 0.66, with over 60% of CRO traders maintaining short positions.<\/p>\n

Despite the bearish pressure, crypto expert CW believes CRO has set its sights on $0.42. Calling the level a \u201csell wall,\u201d he anticipates heavy resistance for buyers, which could mark CRO\u2019s short-term top.<\/p>\n

While short-term resistance may limit CRO\u2019s immediate gains, the market\u2019s growing interest in utility-driven opportunities puts a spotlight on another exciting project.<\/p>\n

Best Wallet\u2019s Utility Token Raises $15M in This Year\u2019s Hottest Presale<\/h2>\n

As the demand for tokens offering tangible benefits, such as CRO, rises, the Best Wallet Token<\/a> (BEST) thrives in presale. Like CRO, it offers real utility as it is central to Best Wallet, one of the fastest-growing crypto wallets on the market. The presale for its native token allows investors to get in early and reap the benefits of a potential CRO-like pump.<\/p>\n

Designed to meet the growing needs of DeFi users, Best Wallet is a mobile-first, multi-chain wallet that saw its user count grow by over 842% since October 2024. It offers access to over 90 blockchains, 330 DEXs, and 30 bridges at cost-effective rates and fees.<\/p>\n

Following its utility token\u2019s release, users holding BEST will face even lower fees while buying, swapping, or selling tokens via its Best DEX. Plus, they will benefit from low-to-no fees while using the wallet\u2019s upcoming crypto debit card.<\/p>\n

Best Wallet\u2019s presale-tracking feature, Upcoming Tokens, will also get a significant upgrade once BEST goes live. Holding BEST will help its users enter upcoming presales in \u201cStage 0,\u201d giving them an edge in the market.<\/p>\n

Beyond these benefits, analyst Borch Crypto points out that holding BEST unlocks governance rights, higher staking rewards, and more.<\/p>\n