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CRO Price Jumps on Truth Social’s Crypto Rewards Announcement

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The CRO token, the native cryptocurrency of the Cronos blockchain, surged nearly 7% today following a major announcement from Trump Media and Technology Group, the operator behind Truth Social.

The company revealed a significant platform update to Truth Social, introducing several new features for free and premium users.

Trump Media Adds CRO Rewards to Truth Social Premium Update

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Most notably, the update deepens the platform’s integration with Crypto.com’s digital wallet infrastructure, offering a new utility for CRO.

Subscribers to the Patriot Package, Truth Social’s paid tier, now gain access to Truth gems. These are planned rewards designed to incentivize platform engagement. The gems will be convertible into Cronos (CRO) and other digital benefits using Crypto.com’s wallet system, tying CRO directly into the platform’s user economy.

The integration marks a meaningful step for CRO, expanding its presence into a digital ecosystem that includes social media, streaming, and fintech.

The CRO token may continue benefiting from increased exposure and utility within the platform’s expanding ecosystem.

CRO price
CRO Price Performance. Source: Coingecko

At press time, CRO was trading at $0.2782. Following the announcement, the token rose nearly 7%.

In addition to the CRO-linked rewards, the update includes quality-of-life upgrades like the ability to edit and schedule posts, access server-side drafts, and leverage enhanced AI-powered search.

Moreover, the latest developments come as reports indicated that Trump Media Group is reportedly moving forward with a strategy to acquire $6.42 billion worth of CRO digital tokens.

source ; https://beincrypto.com

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