US President Donald Trump's company, the media company Truth Social, has made a new move regarding Cronos (CRO), with which it had previously partnered.
Accordingly, Truth Social and Truth+ platforms announced that they will allow users to convert their “gems” earned as usage rewards for participating in various events into Cronos (CRO).
According to the press release, this information was shared due to rumors that the platforms would issue their own tokens.
With this announcement, Truth Social has ended previous speculation that they would launch their own token.
Truth gems will be available to all Patriot Pack subscribers as part of an updated rewards system that will allow Truth Social and Truth+ users to convert gems earned by participating in various activities across platforms using Crypto.com’s digital wallet infrastructure into Cronos (CRO) and other benefits.
Following the news, the CRO price experienced a huge surge.
*This is not investment advice.
