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CRO Shot Up by 17% After Crypto.com CEO Met With Donald Trump
Crypto.com’s CEO has made headlines after meeting with former US President Donald Trump. The unexpected encounter appears to have had a significant impact on the company’s native token, CRO. As of this writing, it has surged by an impressive 17% following the news.
The sudden and remarkable price increase is likely due to speculation that the meeting may have led to discussions around potential regulatory changes. While there are no official statements or details available about the meeting, Crypto.com’s CEO Kris commented on Twitter, stating he was honored to have a seat at the table with President Trump.
The exchange’s native token, CRO, has seen significant gains following the news. In fact, it briefly topped $0.2 before retracing to $0.19. Despite this dip, it remains 7% up from its previous levels.
Notably, this is not the first instance of a crypto executive meeting with President Trump. There have been numerous rumors and hints about other industry leaders discussing regulations and potential collaborations under the new administration. However, Crypto.com’s CEO appears to be the only one who has officially confirmed the meeting so far.
It remains unclear what specific topics were discussed during the meeting, but the impact on CRO’s price is undeniable.
Source: cryptopotato.com
