Cronos CRO Price Prediction: SPAC Rally Sparks 80% Surge
The Cronos crypto price prediction has come into focus after Cronos (CRO) surged 80% in a week, climbing to $0.38 on August 28 following the SPAC merger announcement between Crypto.com and Trump Media. The new “Trump Media CRO Strategy” entity plans to hold $1 billion in CRO tokens, operate a validator node, and deploy $200 million in cash plus a $5 billion credit line and $220 million in warrants to drive further CRO accumulation. Although CRO pulled back to $0.28, the rally remains supported by 27 bullish versus 3 bearish technical signals. Short-term CRO price predictions see a rebound to $0.30 by end-September, with CoinCodex forecasting a 6% gain. Looking ahead, long-term CRO price predictions for 2025 vary: DigitalCoinPrice anticipates a brief retest of the $0.97 record high before settling at $0.59–$0.61; WalletInvestor projects a year-end average of $0.314; and CoinCodex expects a $0.282–$0.594 range. Traders are advised to factor in potential volatility and profit-taking in this SPAC-driven environment.
Bullish
The SPAC merger announcement between Trump Media and Crypto.com triggered an 80% rally in CRO, supported by strong on-chain accumulation plans and bullish technical indicators (27 vs. 3). Short-term and long-term forecasts project further gains, with end-September targets around $0.30 and 2025 price bands well above current levels. Historical SPAC-driven events, such as similar rallies in sector tokens, have generally led to continuing momentum despite periodic pullbacks. While traders should remain cautious of profit-taking after parabolic moves, the strategic backing and positive sentiment suggest a bullish impact on CRO trading dynamics.