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Benzinga
145 days

Trump Media Partner Crypto.Com Announces End Of SEC Enforcement Action, Native Token Soars 12%

1. Crypto.com's CRO token surged 12% after SEC ends investigation. 2. DJT's Trump Media partners with Crypto.com for cryptocurrency ETFs. 3. CRO's weekly gains exceed 40%, outperforming Bitcoin and Ethereum. 4. Legal relief granted to Crypto.com follows similar cases with other exchanges. 5. CEO of Crypto.com involved in White House Crypto Summit.

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FAQ

Why Bullish?

The SEC's withdrawal of action improves sentiment for crypto partnerships, beneficial for DJT.

How important is it?

The partnership with Crypto.com suggests growth potential for DJT amid positive crypto sentiment.

Why Short Term?

Immediate effects expected due to new product offerings and partnership enthusiasm.

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