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CRO Shot Up by 17% After Crypto.com CEO Met With Donald Trump
Author: Jordan Lyanchev Last Updated Dec 17, 2024 @ 11:17
Although there have been numerous speculations and hints about crypto executives meeting with Donald Trump to discuss the upcoming regulations under his administration in the States, Crypto.com’s CEO announced that he was the first to meet with the president-elect.
Almost immediately after posting a picture on X, the price of the native token skyrocketed by double-digits to a ten-day peak.
Honored to have a seat at the table. pic.twitter.com/KvK0XyEdYZ
— Kris | Crypto.com (@kris) December 17, 2024
In a statement to CryptoPotato , Crypto.com’s chief executive added: “We welcomed the opportunity to meet with President Donald Trump. We look forward to working with the new administration to develop and advance clear regulations for the crypto industry so the U.S. can become a global leader in digital assets and innovation.”
The exchange’s native token exploded after the picture went viral on X, soaring from $0.175 to its highest price tag since December 7 of $0.205. It has since retraced to $0.19 but it is still 7% up on the day.
CROUSD. Source: TradingView
Source: cryptopotato.com
