Truth Social and Crypto.com Unveil Truth Predict on CRO
Truth Social and Crypto.com have launched Truth Predict, a new prediction market feature on the Cronos (CRO) blockchain. Powered by CDNA-certified event contracts, Truth Predict enables users to stake CRO tokens on political elections, interest and inflation rates, commodity prices, and major sports outcomes with real-time price updates. The prediction market aims to rival platforms like Kalshi and Polymarket while ensuring US regulatory compliance.
A beta test will roll out soon on Truth Social in the US, with plans for global expansion. Users can convert earned Truth Gems into CRO tokens to participate. CEO Devin Nunes positions Truth Social as the first public social media platform to integrate a prediction market, highlighting information democratization and crowd wisdom. Crypto.com co-founder Kris Marszalek forecasts a multi-decade, multi-billion-dollar industry for prediction markets.
Trump Media & Technology Group reported positive operating cash flow and held $3 billion in assets in Q2 2025, laying groundwork for a CRO-focused digital asset treasury. This Crypto.com partnership adds new utility demand for Cronos and may drive trading volume and long-term adoption.
Bullish
Integrating CRO staking for Truth Predict creates direct utility demand for the Cronos token. In the short term, expect increased trading volume and network activity as users convert Truth Gems into CRO for event contracts. Long term, global expansion of this prediction market could sustain steady demand and adoption of Cronos. Historical trends show that new utility features often lead to bullish sentiment and price appreciation for blockchain tokens.