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Why Cronos Is Skyrocketing Again Today

TheMotleyFool

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Cronos (CRYPTO: CRO) is recording another day of explosive gains this Thursday. The cryptocurrency's token price was up 30.1% over the past 24 hours as of 6:15 p.m. ET. Over the same period, Bitcoin was up 1%, and Ethereum was flat.

Cronos is a cryptocurrency launched and maintained by Crypto.com, a crypto website and trading exchange platform. The token has seen massive gains recently following news of an expanded partnership with Trump Media and news that the company connected to President Donald Trump is making moves to launch a new cryptocurrency treasury. As of this writing, the token is up 131% over the last week of trading.

Image source: Getty Images.

Source Fool.com

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