The pump is built entirely on hype and not fundamentally rational reasons. Cypto.com massively inflated the supply of their token recently out of thin air. Trump Media isn’t even going to buy tokens on the open market. Crypto.com is using the proceeds, partially for self-enrichment and partially to pump the DJT stock. It is all a big scam.
They are trying to give the token utility by integrating it with Truth Social, an app that is used mostly by old boomers who love Trump, a dwindling demographic. There are very few people who are genuinely interested in crypto on that site. This will end up looking like Kaito on steroids, where the site will be mostly filled mostly with bots and people from poor countries using AI generated content to farm rewards.
My suggestion would be to dump the token now and invest your profit in something more sound.
Don’t listen to this guy, Q4 is typically a very good month for crypto in a post halving year and it will be again this year, only 4 weeks now we just have to get through September.
I have been buying CRO for a few years now, my average was $0.08 and I took some profit last week at $0.32.
CRO will hit $0.80 minimum by end of year and many are saying above $1.20 which is definitely possible too.
Bitcoin has pumped, Ethererum is pumping, and next it will be large cap altcoins like CRO.