Trump Media and Crypto.com announced the launch of a new venture that will accumulate Crypto.com’s native Cronos token. Operating on a treasury-style strategy, the company Trump Media Group CRO Strategy will be listed on Nasdaq with the symbol MCGA.
This move strengthens President Donald Trump’s deep involvement in the industry, with the announcement pushing the value of CRO as high as 40% in 24 hours.
Consequently, the news of the new venture got investors searching for the next crypto to explode: DeepSnitch AI. With AI agents built to tilt the odds in favor of smaller traders, this fresh presale has already attracted $168k in capital at only $0.01602.
Trump Media is acquiring $1 billion of CRO and adding to its own books, while Crypto is expected to buy $50 million-worth of Trump Media stock.
In total, the entire deal is valued at $6.42 billion, consisting of the aforementioned CRO token ($1B), a $5 billion credit line, $200 million in cash, as well as $220 million in warrants. The treasury will hold 19% of the token’s supply.
Moreover, Trump Media Platforms will integrate the CRO cryptocurrency and provide native integration for Crypto.com’s wallet infrastructure.
Generally speaking, this move signals a wider mainstream interest in smaller coins. Trump Media has already accumulated Bitcoin, yet in this scenario, the accumulation is centered on a comparatively smaller digital asset.
Case in point, the value of CRO skyrocketed by 40% after the news broke, reaching a little over 0.2672 in 24 hours after the deal. Although this is but a fraction of the value of Bitcoin and Ethereum, it may very well open the door to investment in smaller altcoins.
The move sparked a bullish sentiment in the crypto industry, with most assets spiking as a result.
This resulted in a massive pump for this token, with traders generating $1B in 24-h trading volume, representing a 101% increase. Those who missed CRO’s rapid pump are wondering if they missed their chance for good and are looking for an equally potent investment opportunity.
Without a doubt, the rally CRO experienced on August 27th is admirable. Major partnerships and even political currents do have a real impact on crypto, especially smaller coins. However, the quick surge of CRO after such a major announcement is not uncommon, with many crypto veterans anticipating an inevitable drop after the news dies down.
Moreover, the surge is a direct result of Trump’s media acumen and popularity within the sector, and has nothing to do with the blockchain utility of the coin.
It’s also worth pointing out that there is a possibility that the deal could potentially prove to be volatile. Trump Media stock is currently far from stable, so it’s safe to assume this sentiment will spill over into Cronos as a result.
In conclusion, it might be a moment to hit the brakes until the price finds its footing. At this stage, utility-driven coins with a clear niche may offer stronger potential, especially if you’re looking for a small-cap project to back.
Hype trains generally come with a tight timing window. So, if you missed Cronos, here are the cryptos that could explode next.
If you’re looking for a coin attached to a project that carves out a specific niche and offers true utility, then DeepSnitch AI fits the bill perfectly.
Built around AI agents (or snitches) that scan on-chain and off-chain data, DeepSnitch AI allows regular traders to keep up with whales and win in a market dominated by bot trading. The market is notoriously uncertain, and with crypto signals often being misleading, traders have to resort to speculation or listen to Web3 influencers who are more often than not involved in shilling.
Since DeepSnitch AI uses modular systems made for trading, traders gain access to a tool that keeps track of all the important metrics, including wallet does, contract risks, and, more importantly, liquidity shift.
The presale raised over $168k in capital at a price of $0.01571. Due to the surging demand, the price of the token rapidly increased to $0.01602.
At such an affordable entry point and actual utility, DeepSnitch AI has major upturn potential that could realistically rise to as high as 100x if you manage to get in on the presale this early.
With BlockchainFX, you’re investing in a project that’s already active and harboring a dedicated community. Doubling as a crypto super app, BlockchainFX combines crypto, stock, commodity, and crypto markets into a single platform.
Users have the choice of trading over 500 different assets, and it’s proving to be a winning formula.
Having raised $6 million already, BlockchainFX is relatively affordable at $0.021. Launch price is set to rise to $0.05, which means you could lock 2.5x before the token hits the open market.
While Trump’s crypto endeavors undoubtedly pushed the markets towards green, it’s still too early to tell if Cronos will continue to perform well. One thing is certain: there’s likely to be volatility around this deal.
If you’re adamant on catching the next crypto to explode, investing in AI coins with real utility that are in the presale phase is a good way to tip the odds in your favor.
In addition to a unique approach to the sector, DeepSnitch AI presale price of $0.01602 is poised to increase with each stage as the demand grows.
Learn more about DeepSnitch AI presale on the official website.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
As crypto markets eye historic moves, governments are making their own. The UK is now…
Never Miss Another Opportunity.
Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits!
Type above and press Enter to search. Press Esc to cancel.
BC Game Crypto: 100% Bonus & 400 Free Casino Spins, Claim Here!