
{"id":108357,"date":"2025-10-28T13:08:37","date_gmt":"2025-10-28T13:08:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=108357"},"modified":"2025-10-28T13:08:37","modified_gmt":"2025-10-28T13:08:37","slug":"cro-explodes-by-10-hourly-as-trump-media-to-introduce-prediction-markets-using-crypto-com","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=108357","title":{"rendered":"CRO Explodes by 10% Hourly as Trump Media to Introduce Prediction Markets Using Crypto.com"},"content":{"rendered":"<p>Trump Media and Technology Group Corp. \u2013 the company behind Truth Social \u2013 disclosed that it will launch prediction markets via an exclusive collaboration with the leading cryptocurrency exchange Crypto.com. This will make it the first social media platform to allow such services.<\/p>\n<p>The official announcement <a href=\"https:\/\/crypto.com\/us\/company-news\/truth-social-to-become-worlds-first-social-media-platform-offering-prediction-markets-via-exclusive-partnership-with-cryptocom\">revealed<\/a> that Truth Social will allow users to trade prediction contracts on major events, including political elections, changes in the inflation rate, commodity prices, sports league results, and more. Speaking on the matter was Devin Nunes, Chairman and CEO of Trump Media:<\/p>\n<p>\u201cWe are thrilled to become the world\u2019s first publicly traded social media platform to offer our users access to prediction markets. Truth Predict will allow our loyal users to engage in prediction markets with a trusted network while harnessing our social media platform to provide totally unique ways for users to discuss and compare their predictions.\u201d<\/p>\n<p>For his part, Kris Marszalek, Co-Founder and CEO of Crypto.com, forecasted that prediction markets \u201care poised to be a multi-deca-billion dollar industry,\u201d highlighting that his company has managed to become among the \u201cmost trusted providers\u201d of such services.<\/p>\n<p>Somewhat expectedly, Cronos (CRO) \u2013 the cryptocurrency associated with the exchange \u2013 witnessed a substantial pump immediately after the news. It soared by 10% in the past hour alone, rising to $0.16 (per CoinGecko\u2019s data).<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/CRO-Price.png\"><\/a>CRO Price, Source: CoinGecko<\/p>\n<p>Earlier this year, Trump Media <a href=\"https:\/\/cryptopotato.com\/massive-adoption-news-from-trumps-truth-social-sends-cro-soaring-20\/\">sparked<\/a> another major price surge for CRO. At the beginning of September, the entity revealed it would purchase 2% of the asset\u2019s entire supply by spending over $100 million to acquire 685,427,004 CRO. In addition, Trump Media, Yorkville, and Crypto.com announced plans to establish a digital asset treasury firm that will accumulate roughly 19% of the total CRO supply.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/cro-explodes-by-10-hourly-as-trump-media-to-introduce-prediction-markets-using-crypto-com\/\">CRO Explodes by 10% Hourly as Trump Media to Introduce Prediction Markets Using Crypto.com<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Trump Media and Technology Group Corp. \u2013 the company behind Truth Social \u2013 disclosed that it will launch prediction markets via an exclusive collaboration with the leading cryptocurrency exchange Crypto.com. This will make it the first social media platform to allow such services. The official announcement revealed that Truth Social will allow users to trade [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":108358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-108357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/108357"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=108357"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/108357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/108358"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}