Trump Media’s Crypto Treasury Bet Sends This Token Soaring 30% — Bitcoin, Ethereum Left In Dust

Cronos (CRYPTO: CRO) rallied sharply on Tuesday after Trump Media & Technology Group Corp. (NASDAQ:DJT) announced a deal to set up a cryptocurrency treasury company centered on the token.

CRO Lights Up Crypto Market

CRO, the native token of cryptocurrency exchange Crypto.com, popped over 30% in the last 24 hours, reaching levels last seen more than eight months ago. 

CRO topped the daily cryptocurrency gainers list, leaving high-profile coins like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the dust. The coin’s trading volume soared an eye-popping 1174% in the last 24 hours, indicating strong buying pressure.

The coin’s derivatives market was fired up, as open interest in …

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