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There Is a Huge Anomaly in the Altcoin Rising with Trump: Highest in 6 Months! - Coin Bulletin
The altcoin of the giant exchange that made a deal with Donald Trump's media company experienced a significant anomaly in the data along with a price increase and reached its highest value in 6 months
According to Santiment, Crypto.com's partnership with US President Donald Trump’s media company has significantly increased the price of Cronos’ (CRO), while also leading to a major sentiment anomaly and reaching the highest level in 6 months in discussions on social media.
Yesterday, the announcement that Trump Media and Technology Group would make a new deal with Crypto.com caused the price of CRO to rise from 0.081 dollars to 0.114 dollars. This significant increase was not only due to the impact of the deal but also created great excitement among investors, causing the price to climb rapidly.
According to the data shared by Santiment, Crypto.com’s collaboration with Donald Trump has not only increased the price of CRO but also created a significant shift in sentiment with comments and discussions on social media platforms. The data shows that the shares and positive sentiment rates regarding CRO have reached a six-month high. This highlights how much investor interest in CRO has increased and how strong the positive atmosphere created around the altcoin is.
Santiment's data reveals not only the price increase but also this abnormal rise in investor sentiment. This shows that Trump's media company's and Crypto.com's influence plays a significant role not only in the commercial arena but also in investor psychology. The rapid increase in CRO's price highlights how investors reacted to these developments on social media and how they perceived this situation as an opportunity.
According to CoinGecko data, CRO, which experienced an approximate %30 price increase yesterday due to news, is currently trading at 0.1061 dollars at the time this news was written.