Cronos erases billions in weeks as the Trump-linked rally fizzles, raising fresh questions over demand and deal execution.
Crypto.com’s token Cronos (CRO) slipped toward pre-announcement levels on Friday, giving up the bulk of gains made after last month’s partnership news with Trump Media & Technology Group (TMTG).
Since peaking on Aug. 26, CRO has lost more than $6Bn in market value. The token was trading near $0.19 today, down about -17% for the week, and now sits in the mid-30s by market-cap ranking.
CRO’s “Trump trade” has now come full circle. The $6.4 billion treasury plan was enough to trigger a sharp rally in late August, but the token has since given back most of those gains.
Future demand looks tied less to headlines and more to what actually happens: whether treasury purchases materialize, how regulators respond, and if Cronos shows more activity on-chain.
For now, CRO’s price is moving with broader market sentiment. Traders are watching two things in particular: updates on the SPAC listing and signs that treasury funds are being deployed.
The pullback comes as crypto markets turn risk-off, with Bitcoin dropping under $110,000 and the Fear & Greed Index sliding into “fear” at around 29-32.
TMTG pledged $105 million in CRO purchases, while Crypto.com agreed to buy $50 million worth of DJT stock. CRO jumped 25-30% on the headlines before momentum cooled.
Uncertainty also lingers over regulatory steps. The SPAC structure still requires SEC approval, and no clear timeline has been given. That has left traders questioning execution.
Crypto.com CEO Kris Marszalek did not address CRO’s price directly this week. Instead, he pointed to broader initiatives, saying on X that the exchange supports the CFTC’s new tokenized-collateral framework “including CRO.”
Proud that https://t.co/pFc4Pz9nFR has become a leader in servicing some of the leading digital asset treasuries driving demand for our custody services exponentially. As part of that work, we will be moving large sums from our exchange to our custody business. You will see this…
— Kris | Crypto.com (@kris) September 26, 2025
Any SEC filings or approvals for the new vehicle, along with disclosed CRO acquisitions or staking activity linked to TMTG, could set the tone in the short run.
Until then, CRO’s next moves are likely to mirror the wider crypto market—waiting for firmer signals on both regulation and execution.
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Cronos Price Prediction After Trump Touching It: What Is Driving Cronos (CRO) Toward a 350% Upside Target?
Analyst Javon Marks sees room for a big move. His target is $0.8868, which is more than 350% above current prices. His chart points to fresh bullish momentum after a long buildup.
$CRO (Cronos) –
Target @ $0.8868 (Over +350% Upside) https://t.co/LhX2NVLLeq pic.twitter.com/ps9vVA1iUM
— JAVON
MARKS (@JavonTM1) September 26, 2025
CRO ▼-0.85% fell hard from its 2021 peak, then spent most of 2022–2023 going sideways. It broke out of a descending wedge, a pattern that often marks the end of heavy selling.
Since then, it has made higher lows and steadily higher highs.
The token recently ran to the $0.30 area and pulled back. That looks like a normal pause after a strong push. The bigger trend still points up.
The analysis sets $0.8868 as the major long-term target, a level that aligns with resistance from earlier cycles. On the downside, support sits in the $0.16-$0.18 range, an area where buyers have previously stepped in to defend the price during pullbacks.
Between these zones, CRO faces interim hurdles around $0.40-$0.50, a region that has historically acted as a supply zone and could test bullish momentum before any larger move higher.
As long as CRO holds above the $0.16-$0.18 band, the bullish structure stays intact. Momentum tools still lean upward despite the dip.
Exchange-linked and utility tokens are getting fresh attention as risk appetite stabilizes. Technical breakouts like CRO’s can attract volume and liquidity. That can fuel follow-through moves.
The path won’t be smooth. Expect volatility around $0.40-$0.50. Failure to hold the $0.16-$0.18 area would weaken the setup.
The chart favors upside while supports hold. If momentum builds and interim resistance gives way, CRO could work toward Mark’s $0.8868 target. If the key breaks, that view changes fast.
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The post Did Trump Just Rekt Crypto.Com? Cronos Tumbles After Trump’s Midas Touch appeared first on 99Bitcoins.
