Key Insights:
- An expert predicted that CRO price could see a 231% price rally.
- Truth Social users will soon be able to earn Cronos tokens through the platform’s rewards system.
- The integration of CRO marks a shift from earlier plans to launch a proprietary utility token.
According to crypto expert Javon Marks, CRO price breakout target now sits at $0.8868, which would mark a remarkable 231% rally from current levels. At the time of writing, Cronos was trading at $0.2552, up 2.3% intraday.
This projection follows CRO’s strong breakout from a long consolidation phase, signaling a clear shift in market sentiment. At the same time, new adoption news is fueling the trend.
Meanwhile, Trump Media’s Truth Social platform is also integrating CRO into its rewards system, giving users a way to earn and convert digital “gems” into the token.
Expert Predicts 231% CRO Price Rally
Cronos ($CRO) has continued to show strong bullish momentum, and according to Javon’s analysis, the breakout target now sits at $0.8868. This is a significant level, as it marks the projected point of completion for the current upward wave structure.
Even after the sharp rally, the target suggests that there is still more room for growth, potentially over 231% from current levels.
Examining the chart, CRO price has already broken out of a prolonged accumulation phase that lasted for well over a year.
During that time, price action was consolidating inside a falling wedge pattern. Once that pattern was completed, a decisive breakout followed, signaling a shift in market sentiment from bearish to bullish.
These types of breakouts are often consequential, as they release months of built-up pressure.
At the time of writing, Cronos price was pushing higher and forming a new bullish structure. Although a short-term pullback occurred after the recent surge, it was a natural and healthy part of the trend.
Corrections allow the market to reset before continuing its upward trend. Also, as long as CRO price holds key support zones, the path toward $0.8868 remains valid.
With strong breakout confirmation and technical momentum on its side, CRO has the potential to deliver significant gains.
As such, essential levels to keep an eye on include the support levels during pullbacks. However, the bigger picture still favors a strong continuation toward the breakout target.
Truth Social Users to Earn CRO Tokens
Building on CRO’s technical momentum, Trump Media and Technology Group recently announced an upgrade to its Truth Social platform. The new rewards system now ties into Cronos, giving Patriot Package subscribers access to premium perks, such as “Truth gems,” which can be connected with CRO tokens.
This type of integration strengthens Cronos’ use case and expands its visibility beyond the crypto community.
Users can earn gems by taking part in activities across Trump Media’s platforms. After that, the gems can be converted into Cronos (CRO), which is the native token of Crypto.com.
This process works through the exchange’s wallet infrastructure, making the conversion direct and straightforward.
The decision to integrate Cronos shows a shift from the company’s earlier plans to launch its own utility token. Besides, it has also sparked discussions over its potential impact on CRO price.
Trump Media had initially announced in April that it was considering creating a proprietary token, along with a digital wallet, to support its Truth+ streaming platform.
Then, in a letter to shareholders on April 29, CEO Devin Nunes explained that the company was exploring the idea of a utility token within a Truth digital wallet.
Nunes explained that the token could first be used to cover subscription costs and later be integrated across the broader ecosystem and its products. He also noted that it would play a role in a rewards program that Trump Media is developing across its services.
Meanwhile, in May, rumors spread on social media about a possible Truth Social memecoin. However, the company quickly denied the claims.
Donald Trump Jr., the president’s eldest son, confirmed this by saying there was “no truth” to the rumors. Now, with the announcement on Cronos, investors are eagerly awaiting how this development could impact the CRO price in the near term.