The post Trump Media and Crypto.com Deal Sends Cronos Sky-High: These 3 Altcoins Could Be Next appeared on BitcoinEthereumNews.com.

In a surprising move, Trump Media and Technology Group Inc. and Crypto.com announced a landmark partnership. The new joint venture will be the ‘first and largest publicly traded CRO treasury company,’ with a value of at least $6.42B. The new company will trade under the ticker MCGA, which stands for ‘Make CRO Great Again.’ As part of the deal, Trump Media will purchase approximately $105M worth of Cronos ($CRO), the native token of the Cronos Chain. In turn, Crypto.com will buy $50M of Trump Media stock. The new company plans to acquire 6.3B tokens right away, which is a huge 19% of the total supply. An affiliate of Yorkville will also support the venture with an additional $5B equity line of credit. This unprecedented collaboration shows that major companies are starting to adopt digital assets as a core component of their financial strategy. It also bodes well for top altcoins (like Best Wallet Token) due to increased attention from retail and institutional investors The Market Reacts: $CRO Skyrockets The announcement sent waves through the market, and Cronos quickly benefited with an impressive 135%, soaring from about $0.16 to a new yearly high of $0.376961. This shows that investors are excited about the partnership and its potential for $CRO’s future. Trump Media’s decision follows a previous announcement where the company declared its intent to buy $2B in Bitcoin. This is the same kind of forward thinking that has given rise to other innovative projects like Best Wallet Token ($BEST), SUBBD ($SUBBD), and Pudgy Penguins ($PENGU), all of which are carving out their own unique niches in this fast-moving space. 1. Unlock Your Web3 Potential with $BEST Step into the future of crypto with the Best Wallet Token ($BEST), the powerful engine behind the acclaimed Best Wallet platform. Best Wallet is a…

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Filed under: News - @ August 28, 2025 11:28 am