CRO has seen a stunning 24% weekly gain, outpacing major cryptocurrencies as it climbs higher, thanks in part to its inclusion in President Trumpโs Blue-Chip Crypto ETF. This development has sparked both excitement and skepticism within the crypto community.
CRO's jump is backed by a 2000% increase in trading volume after the ETF announcement. Just within 24 hours, it achieved an 11% gain. Meanwhile, Bitcoin is barely moving, showing under 1% weekly growth.
"I like CRO, I like Kris," Trump stated, heightening the enthusiasm.
CRO secured a 5% allocation in the ETF compared to XRP's 2%. This has the potential to attract institutional investments, as keen observers watch the market dynamics. One comment noted the disparity in performance, stating, *"To even compare CRO to BTC is ridiculous; itโs a different league altogether."
The community reflects mixed feelings about CRO's growth. Key comments include:
"Still off by $1000s before I can dump my shit bag onto CRO."
A user expresses frustration from their current position.
"I staked about 5500 for jade green in 2021; I now have 20K CRO from cash back."
This holder shares their positive experience in accumulating profits.
"CRO didn't win whatever competition of coins you're referring to. XRP has increased nearly 20 times more than CRO in 12 months."
A critical voice highlights CRO's performance in contrast to its competitors.
When looking at the recent performance:
CRO: Outperformed with a 24% increase this week.
XRP: Gained 32%, but remains under legal scrutiny.
Ethereum (ETH): Up only 20%, still managing smart contract challenges.
Solana (SOL): Up 9%, but experiences issues with uptime.
โก CROโs trading volume skyrocketed by 2000% post-ETF news.
๐ Trumpโs support may spur interest from institutional investors.
๐ฅ Despite notable gains, CRO faces skepticism compared to established players.
Investors are closely monitoring CRO's developments as anticipation surrounds its future potential. Could this mark a turning point in the crypto market? Stay tuned for what this burgeoning asset may offer next.