CRO jumps over 20% following Trump Media ETF filing and Dubai partnership
Crypto.com’s native token Cronos (CRO) surged over 20% in the past 24 hours after Trump Media Group filed with the SEC to launch a Blue Chip ETF, which plans to hold Bitcoin, Ethereum, Solana, XRP, and Cronos.
The ETF proposes a 70% allocation to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Cronos, and 2% to XRP. Yorkville America Digital will sponsor the fund, with Foris DAX Trust acting as the custodian.
At the same time, Crypto.com announced a partnership with Dubai’s Land Department to develop a regulatory framework for real estate tokenization and crypto-based payments in the UAE.
On the price front, CRO faced rejection at the key $0.100 psychological level, near the 200-day simple moving average. A breakout could open the path to $0.110 resistance, while support lies between $0.089–$0.094. Both RSI and Stochastic indicators suggest continued bullish momentum.
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