Trump Media & Technology Group has announced a partnership with Crypto.com to form a new venture designed to accumulate large amounts of the exchange’s native token, CRO, making one of the best altcoin to buy. The company confirmed it will purchase $105 million worth of CRO (685,427,004 tokens) as part of a treasury-style investment strategy.
This deal follows the playbook of Strategy (MicroStrategy), which made headlines by accumulating billions in Bitcoin starting in 2020. That move turned its balance sheet into a leveraged bet on crypto, ultimately boosting its valuation as Bitcoin soared. Trump Media is now attempting a similar approach but with CRO, underscoring its push to diversify into digital assets and integrate crypto utility into its social media platform Truth Social.
https://twitter.com/cryptocom/status/1960323582627823841?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
EXPLORE: Top 20 Crypto to Buy in 2025
The CRO chart shows a surge past $0.22, testing a resistance zone near $0.24 after weeks of steady accumulation. A breakout above this level could open the path toward $0.26–$0.28 in the near term, while support sits around $0.18 and then $0.12. The move comes on strong volume, confirming growing demand after the Trump Media partnership news.
While CRO is having its moment of glory, HYPE (Hyperliquid) is also attracting attention after hitting a new ATH at $50. With buybacks rising from 97% to 99% of platform fees, July trading volume hitting $330.8 billion, and Robinhood surpassed for the third month in a row, HYPE is proving to be one of the most promising altcoin in the market.
(Source: HYPE Perps)
Between CRO’s integration with Trump Media and HYPE’s exchange-driven growth, traders now have two strong candidates in the race for the best altcoin to buy right now.
Curious about the other big stories in crypto? Stay tuned to our real-time updates below.
DISCOVER: Bitwise Files for First U.S. Spot Chainlink ETF
August 26 – Ethereum spot ETFs pulled in $455 million in net inflows, marking their fourth straight day of gains. The strong momentum highlights renewed investor interest in ETH, even as the broader market consolidates with Bitcoin trading around $110,900.
Bitcoin spot ETFs also attracted fresh capital, recording $88.2 million in inflows. Among them, BlackRock’s IBIT led the pack with $45.34 million, securing the top spot for the day.
The post [LIVE] Latest Crypto News, August 27 – Trump Media Invests in Crypto.com to Hold Billions in CRO Crypto – Best Altcoin To Buy Right Now? appeared first on 99Bitcoins.
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