CRO having a massive pump today
I bought CRO coin some time back when I wanted to try Crypto.com. Back then, Crypto.com was offering something for people creating a new account. If I create an account and refer people, I get something like 25$. I don't remember how much it was exactly. After I saw that to be interesting, I was curious to explore and find out what made CRO special and crypto.com special. After the exploration, I bought some more CRO, and I have held a very small quantity of CRO since then.
To be honest, I liked the project. It was very unfortunate that the project was not available for Indians. I was expecting it to be released, but it never happened. I guess it may be because of the crypto situation in India. Maybe there could have been some virtual options, but they won't do it because it might go against regulations, which can be against the law. Since then, I was holding CRO, looking for the best opportunity to book my profits. Today looks like that day, but my buy price was around 25 cents back then.
Today, I was very glad to see the news that CRO started pumping suddenly after the Trump media group entered the game. I read some messages on X platform. Looks like it pumped 40 percent but mostly it won't give me any great benefits as I bought it around 25 cents. It will be a good deal if the price keeps going further and a new base is set again for CRO. If the value that it has reached is just a on off thing and if it goes down again, then there is no point in this pump at all. I'm trying to be more positive, to be honest and let's see how this really goes. When I read the news, it appears to be good news for CRO, even though I have no idea what this deal is all about, but as a matter of fact, I think now the Trump Media Group is the highest holder of CRO.
I'm also not sure from here where will CRO go, but maybe some people who bought CRO at a very low price would book their profits. I'm a bit confused now whether to sell CRO and close off the deal or just hold them and keep watching what happens. Since the pump happened today, there is also a high chance that the price might adjust a little bit, and the price might go down a little bit in the coming days. So maybe selling it right now and buying it back in a few days might again be a good deal. But I'm finding it a little hard to make the decision.
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I saw this news of CRO, and this pump is really good. Crypto.com, as an exchange, is doing well, so I hope this price spike for CRO is just the start.
i think i would take the profit and call it a day, it cant pump forever, might go down with people cashing out
Wow, 32% in just 24h is indeed an abrupt rise. Now let's see if that's sustainable, but nevertheless nice to see some of the ALTs performing quite well... maybe the alt season is near...
I wouldn't go near CRO if my life depended on it. I looked at their credit cards with 8% cash back. I put everything on credit and make a ton on cash back. This was really attractive, but you got to stake like $400K or some shit for 6 months to get this level.
They burned 200B tokens, then they "unburned" the tokens. This was a massive red flag for me. They also donated 6B tokens to Trump, so that's another red flag for me.
Even Lassecash pumped 30% in a day when he was buying it all back.
I have heard about this coin for the first time and I see that the price is starting to pump a lot, so it is true that we should buy the coins in advance and then take profit later when we see a good time.
Maybe sell some now and see how price action performs in the coming days/weeks?
I've heard of CRO, but it's also not accessible over here, so haven't look into it ever since. Have heard good things about their UI too.