CRO price posts 20% single-day rally on inclusion in Trump Media-backed ETF, eyes $0.105

Key Points

1. Cronos (CRO) surged over 20% on Tuesday following news of its inclusion in a proposed Trump Media-backed Blue Chip ETF.

2. The ETF filing includes CRO alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP), with CRO receiving a 5% allocation, more than Ripple's 2%.

3. If approved, the ETF will be listed on NYSE Arca, with assets custodied by Foris DAX Trust.

4. CRO price reached an intraday high of $0.10, breaking through key moving averages and testing previous resistance levels.

5. The rally follows a controversial decision by Cronos to reissue 70 billion previously burned CRO tokens, which had raised centralization concerns.