📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
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Note: You need to update App to version 7.25.0 or above to apply.
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After the news of Trump pushed Cronos to its peak, its market capitalization evaporated by over 6 billion dollars, with a fall of nearly 50%.
PANews September 26 news, according to Cointelegraph, since Trump Media Group launched the CRO strategy last month, the native cryptocurrency Cronos (CRO) of the Cronos chain under the crypto assets platform Crypto.com has faced huge selling pressure. On August 26, after Trump Media Group announced the establishment of a $6.4 billion Cronos reserve, the price of CRO immediately skyrocketed by 40%. However, according to CoinGecko data, the price of the token continued to fall afterwards, almost erasing all gains, and on Thursday the price of CRO fell below $0.19, approaching the level before the announcement. Since the rise driven by Trump-related news peaked, Cronos's market capitalization has evaporated by over $6 billion, a decline of nearly 50%, with the market capitalization shrinking to $6.6 billion as of the time of writing. The market capitalization ranking of the token has fallen out of the top 30 crypto assets, currently ranking 33rd.