Crypto.com Faces Firestorm: Community Slams 70 Billion CRO Token Revival
Crypto.com just kicked a hornet’s nest, and the buzz is deafening. On March 3, 2025, the exchange’s Cronos blockchain proposed reissuing 70 billion CRO tokens burned back in 2021 to boost scarcity triggering a brutal backlash from its community. With 87% of early voters rejecting the “Golden Age” plan, per CryptoSlate, X is erupting: “Greedy CEX with crazy fees,” one user raged, while another called it “highway robbery.” The token is already down 40% in a month, lagging as Bitcoin hovers around $85,000.
The $5 billion scheme (at CRO’s 8-cent price) promises U.S. crypto dominance and a CRO ETF, but holders smell dilution and betrayal. “A burn is a burn, don’t resurrect it!” a prominent Crypto.com ambassador fumed on X. Adding fuel, posts slam the exchange’s “scammy” fees and a now deleted tweet hinting at a pump and dump. CEO Kris Marszalek’s silence isn’t helping, #crofam’s trust is crumbling fast. With a governance vote looming until March 17, Crypto.com’s golden dream might just turn to dust. Stay tuned, this one’s a powder keg!