🚀 $CRO is shooting up!

The reason — a loud announcement:

The SPAC company Yorkville Acquisition Corp, TMTG, and Crypto.com have reached a definitive agreement to merge their businesses.

👉 Based on this, they are creating Trump Media Group CRO Strategy, Inc. — a digital asset management company focused on the buyback #CRONOS

💹 Deal details:

▪️ Future listing of Class A shares on Nasdaq (ticker $MCGA)

▪️ Authorized capital:

• 6.3 billion #CRO (~19%) ≈ $1 billion (average $0.159)

• $200 million in fiat

• $220 million in warrants

• + $5 billion credit line

😉 But let’s remember the trader's saying:

"Buy the rumor — sell the news"

🕯 Although the price #CROUSDT is still far from ATH ($1), the news already looks "priced in".

It’s possible that the market is preparing for a phase of sell-offs… if it hasn’t already entered 🐻

⚖️ And one more thing:

The further the price #CRO from $0.159 (the average in the deal) — the less sense it makes to buy now.

And then... 👇

🧠 DYOR | This is not financial advice — just thoughts aloud