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Cronos Skyrockets 18% as Trump Media ETF Proposal Includes Token in Holdings

Cronos Skyrockets 18% as Trump Media ETF Proposal Includes Token in Holdings

Author:
Coindesk
Published:
2025-07-09 16:32:39
12
3

Cronos Jumps 18% After Trump Media ETF Proposal Lists Token Among Holdings

Cronos (CRO) just pulled off a gravity-defying 18% surge—and the catalyst reads like a 2025 fever dream. Trump Media's proposed ETF tossed the token into its basket, proving once again that crypto markets thrive on spectacle.

Wall Street meets meme culture

The filing dropped like a mic at Mar-a-Lago, with traders front-running the ETF's potential approval. Never mind that the fund doesn't exist yet—when has that ever stopped crypto bulls?

Regulatory roulette

SEC chair Gary Gensler's face probably twitched when he saw the filing. Another day, another attempt to package populism into a tradable asset. At least this one came with a side of blockchain.

Tokenomics trumps fundamentals

Cronos' tech didn't suddenly improve. No major partnerships dropped. The ecosystem didn't magically expand. But who needs utility when you've got the ultimate hype trifecta: politics, ETFs, and a market that'll rally around any narrative?

Just wait until the ETF gets rejected—the 40% dump will be even more entertaining.

|Square

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