Cronos rallied 5% following Trump Media's announcement of Truth Predict, a prediction market feature on Truth Social powered by Crypto.com partnership. The post Cronos Price Rallies 5% as Trump’s Truth Social Moves to Launch Prediction Markets With Crypto.com appeared first on Coinspeaker.Cronos rallied 5% following Trump Media's announcement of Truth Predict, a prediction market feature on Truth Social powered by Crypto.com partnership. The post Cronos Price Rallies 5% as Trump’s Truth Social Moves to Launch Prediction Markets With Crypto.com appeared first on Coinspeaker.

Cronos Price Rallies 5% as Trump’s Truth Social Moves to Launch Prediction Markets With Crypto.com

2025/10/29 04:48
3 min read

Cronos CRO $0.15 24h volatility: 0.2% Market cap: $5.39 B Vol. 24h: $65.96 M price surged 5% on Oct. 28, outperforming Bitcoin BTC $112 846 24h volatility: 1.3% Market cap: $2.25 T Vol. 24h: $64.35 B and Ethereum ETH $3 970 24h volatility: 3.8% Market cap: $479.54 B Vol. 24h: $34.47 B , following Trump Media’s announcement that its social media platform, Truth Social, will introduce prediction markets in partnership with Crypto.com.

According to the official release, Truth Social users will be able to trade prediction contracts on politics, macroeconomic indicators, commodities, and major sports events through a new product called Truth Predict.

Crypto.com CEO Kris Marszalek added that the collaboration aligns perfectly with what users look for in social media. He described prediction markets as a “multi-deca-billion dollar industry,” emphasizing Crypto.com’s goal to merge social engagement with blockchain-based market sentiment tools.

The feature will enter beta testing soon before expanding to global markets, allowing Truth Social and Truth+ users to convert platform-earned Truth Gems into Cronos tokens to participate in Truth Predict contracts.

The initiative builds on prior agreements between Trump Media and Crypto.com to establish a CRO-focused digital asset treasury company and a rewards ecosystem integrated across Truth’s platforms.

Cronos Approaches $6B Market Cap as Traders React to October Drive

Beyond the Truth Social partnership, Cronos took another step towards advancing its decentralized finance (DeFi) dominance through a collaboration with Morpho Labs and Crypto.com earlier in October. The new Morpho Vaults feature enhances liquidity and lending capabilities by enabling users to lend wrapped assets, strengthening CRO’s use case among more than 150 million Crypto.com users.

On Oct. 24, Crypto.com applied for a national trust bank charter from the US Office of the Comptroller of the Currency (OCC). If approved, this charter will enhance its custody and settlement capabilities, extending to institutional-grade services for assets built on the Cronos (CROUSD) network.

According to CoinMarketCap, Cronos trades at $0.1598, up 5.38% in 24 hours, with a market cap of $5.76 billion. Trading volume rose 249% to $73.16 million. The heightened volume highlights intense buying activity following the Truth Predict announcement, propelling Cronos into the top 25 ranked projects, prodding ahead of Telegram-linked Toncoin, and prominent privacy coin, Zcash ZEC $315.6 24h volatility: 7.8% Market cap: $5.15 B Vol. 24h: $660.15 M .

Crono (CRO) price action, Oct 28, 2025 | Source: Coinmarketcap

Crono (CRO) price action, Oct 28, 2025 | Source: Coinmarketcap

Pepe Node Presale Gains Momentum as Tokenized Markets Expand

Cronos’ price rally spilled over into speculative momentum for early-stage meme projects like Pepe Node.

Pepe Node allows users to own virtual meme coin mining rigs, merge nodes for higher yields, and earn staking rewards up to 652%.

Pepe Node Presale

Pepe Node Presale

Currently priced at $0.0010, the presale has raised over $1.97 million of its $2.14 million target. Investors can still participate via the official Pepe Node website before the next price tier update.

next

The post Cronos Price Rallies 5% as Trump’s Truth Social Moves to Launch Prediction Markets With Crypto.com appeared first on Coinspeaker.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.305
$3.305$3.305
+1.84%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech

Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech

The post Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech appeared on BitcoinEthereumNews.com. Jerome Powell gave a speech justifying the Fed’s decision to push one rate cut today. Even though a cut took place as predicted, most leading cryptoassets began falling after a momentary price boost. Additionally, Powell directly addressed President Trump’s attempts to influence Fed policy, claiming that it didn’t impact today’s decisions. In previous speeches, he skirted around this elephant in the room. Sponsored Sponsored Powell’s FOMC Speech The FOMC just announced its decision to cut US interest rates, a highly-telegraphed move with substantial market implications. Jerome Powell, Chair of the Federal Reserve, gave a speech to help explain this moderate decision. In his speech, Powell discussed several negative economic factors in the US right now, including dour Jobs Reports and inflation concerns. These contribute to a degree of fiscal uncertainty which led Powell to stick with his conservative instincts, leaving tools available for future action. “At today’s meeting, the Committee decided to lower the target range…by a quarter percentage point… and to continue reducing the size of our balance sheet. Changes to government policies continue to evolve, and their impacts on the economy remain uncertain,” he claimed. Crypto’s Muted Response The Fed is in a delicate position, balancing the concerns of inflation and employment. This conservative approach may help explain why crypto markets did not react much to Powell’s speech: Bitcoin (BTC) Price Performance. Source: CoinGecko Sponsored Sponsored Bitcoin, alongside the other leading cryptoassets, exhibited similar movements during the rate cuts and Powell’s speech. Although there were brief price spikes immediately after the announcement, subsequent drops ate these gains. BTC, ETH, XRP, DOGE, ADA, and more all fell more than 1% since the Fed’s announcement. Breaking with Precedent However, Powell’s speech did differ from his previous statements in one key respect: he directly addressed claims that President Trump is attacking…
Share
BitcoinEthereumNews2025/09/18 09:01
Hedera (HBAR) Price Today, Chart & Market Cap | Live HBAR to USD Converter

Hedera (HBAR) Price Today, Chart & Market Cap | Live HBAR to USD Converter

Hedera (HBAR) price today is $0.092471 USD with a $3.98B market cap. Check live HBAR price charts, 24h volume, market rank, and price predictions for 2026.
Share
Blockchainmagazine2026/02/13 16:45
SEC Approves Generic Listing Standards for Faster Crypto ETF Launches

SEC Approves Generic Listing Standards for Faster Crypto ETF Launches

TLDR The SEC approved new generic listing standards for crypto ETFs, speeding up the approval process. The updated rules will reduce approval timelines from 240 days to under 75 days for crypto ETFs. Over 90 new crypto ETF applications have already been filed, targeting altcoins and multi-token baskets. The SEC’s decision is expected to lead [...] The post SEC Approves Generic Listing Standards for Faster Crypto ETF Launches appeared first on CoinCentral.
Share
Coincentral2025/09/19 02:51