Cronos Price Prediction: Why CRO Could Hit $1 After Trump Media Investment
Cronos rockets toward dollar milestone as Trump's media bet sends shockwaves through crypto markets.
The Catalyst Nobody Saw Coming
Political moves are shaking crypto foundations—Trump's latest media investment positions Cronos for an unprecedented surge. Market analysts point to institutional validation as the key driver behind CRO's potential breakout.
Technical indicators scream bullish convergence while trading volumes spike 300% in 48 hours. The $1 target suddenly looks less like speculation and more like inevitability.
Because nothing pumps a token quite like a billionaire's attention—who needs fundamentals when you've got headlines?
CRO Surges 135% in a Week After Trump’s $6.42 Billion Deal
Cronos (CRO) is the utility token of the Cronos blockchain, an EVM-compatible LAYER 1 developed by Crypto.com. The token powers key activities on the Crypto.com ecosystem, including paying for transaction fees, governance, and staking.
While the CRO token has been trading sideways for the past three years, its price has just exploded following support from the President of the United States himself. The TRUMP Media Group has announced a partnership with Crypto.com to create a Cronos treasury holding company valued at $6.42 billion.
This includes $1 billion in CRO tokens, $200 million in cash, and $5 billion in equity via a line of credit. Following the announcement, CRO has soared by 135% in the last week, with a massive 56% jump in the last 24 hours. Currently trading at $0.3384 per token, CRO is at its highest level since April 2022.
However, analysts predict that this could be just the start of its bull run. Crypto Front on X stated $0.26 to be CRO’s major resistance level, which the token has just successfully broken. The analyst goes on to say that we could now expect CRO to soar to a target of $1.54 during this bull run, equating to a predicted price jump of 355%.
Following this major deal with one of the world’s most popular crypto exchanges, the overall demand for wallet tokens is steadily rising. While CRO’s valuation has crossed $11 billion, we will now take a look at another crypto ecosystem that offers a lower entry valuation through its ongoing presale, Best Wallet Token (BEST).
Best Wallet Token Positions Itself as a Top Utility Token
As the demand for non-custodial wallet ecosystems that don’t compromise on security or use case rises, Best Wallet Token takes center stage, with its presale selling out rapidly. This non-custodial cryptocurrency wallet already boasts an active monthly customer base of over 250,000 users, demonstrating its growing dominance in the wallet space.
However, Best Wallet now aims to expand even further with the introduction of BEST, a utility token that will provide several benefits to its wallet users. One of BEST’s primary utilities is reducing transaction fees within the ecosystem, providing users with direct savings on their activities. This creates immediate value for frequent traders and long-term holders.
BEST also offers governance rights, meaning users can vote on decisions that shape the wallet’s future development and features. Beyond this, BEST holders gain early access to upcoming presales and projects through the wallet’s ‘Upcoming Tokens’ section, creating an exclusive opportunity to discover potential winners ahead of the market.
Another important use case lies in Best Wallet’s staking aggregator. By holding BEST, investors can access a higher APY (annual percentage yield) across supported tokens, boosting their overall returns.
Analyst Predictions and Staking Demand for BEST Token
Austin Hilton, a top YouTube analyst with over 350,000 subscribers, is among those bullish on the BEST token. Hilton appreciates the multi-faceted nature of the Best Wallet ecosystem, particularly highlighting the stellar benefits for token holders.
According to him, as Best Wallet continues to expand, BEST token holders could see significant upside potential. Austin Hilton also highlights Best Wallet Token’s fascinating staking mechanism, which allows token holders to receive passive income.
After purchasing tokens through the presale, investors can stake their BEST holdings to generate an APY of up to 88%. So far, more than 302 million tokens have been committed to the staking pool.
Interested investors can purchase BEST via the official Best Wallet Token website, or through the Best Wallet app – available on both iOS and Android devices.
With BEST currently priced at just $0.025545, the token is still in its early stages compared to larger projects like Cronos. While CRO is now valued in the billions, many may see smaller presale tokens such as BEST as potential long-term investment opportunities.
