Cronos Cancels Trump Gains as CRO Faces Doubts Over Demand

Cronos Market Decline Steepens

Since peaking during the Trump Media Group’s announcement, Cronos has shed more than half of its market capitalization, a decline that amounts to over $6 billion. The token, which had initially surged following news of a joint $6.4 billion CRO treasury, has fallen back below $0.19 — nearly erasing the gains made during the rally. Currently, CRO ranks as the 33rd largest crypto asset, outside the top 30 by market value, according to CoinGecko data.

“You need to demand real change. $CRO once again is going to fully retrace the Trump pump. There is zero demand for this token. The chain is a ghost town, users are non-existent,”

one community member remarked on X (formerly Twitter), reflecting skepticism about CRO’s long-term outlook amid falling demand and limited utility.

Meanwhile, a Reddit user commented, “We’re getting rugged, just as I expected when that partnership was announced,” highlighting concerns that the hype around CRO may have been overblown.

Broader Market Dynamics and Regulatory Scrutiny

Some analysts argue that the decline in CRO is part of a wider market correction impacting the entire cryptocurrency sector. The ongoing sell-off has seen Bitcoin dip below $110,000, while the Crypto Fear & Greed Index has plunged to levels not seen since April 2025, signaling increased fear among investors.

While community sentiment remains mixed, Crypto.com CEO Kris Marszalek has so far refrained from publicly commenting on the token’s plummet, even as regulatory oversight intensifies. Recently, Marszalek expressed support for a U.S. Commodity Futures Trading Commission initiative promoting tokenized collateral and stablecoins, including CRO, to meet regulatory margin requirements.

However, regulatory agencies, such as the U.S. Securities and Exchange Commission (SEC), have yet to approve the $6.4 billion CRO treasury plan. Reports indicate that authorities are scrutinizing recent crypto treasury announcements by public companies, with over 200 firms contacted over concerns about potential breaches of securities rules related to the mishandling of material nonpublic information.

The evolving regulatory landscape adds uncertainty to CRO’s future, as market participants weigh the token’s utility and demand prospects amidst a broader crypto environment characterized by increased oversight and market caution.

This article was originally published as Cronos Cancels Trump Gains as CRO Faces Doubts Over Demand on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.