Crypto.com Makes 70B CRO Reappear – Community Cries “Un-Burn!” 🌪️💰

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So, Crypto.com just pulled a rabbit out of its hat—70 billion of ‘em! 🎩🐇 That’s right, they’re back, and the community is *not* thrilled! No sir! ZachXBT, the on-chain detective, stood up and shouted, “What are you trying to pull here?!” as the price of CRO surged a whopping 30%! Talk about mixed signals! 📈💣

In a classic move, Crypto.com decided to reissue 70 billion Cronos (CRO) tokens that were supposedly charred to a crisp back in 2021. Who knew that a governance vote could turn into a magic show? 🤡✨ Even though 77.97% voted “No way, José!” it turns out that a small group controlling 70-80% of the voting power said, “Hold my juice box!” and made it happen. 🍹

Now, these shiny new tokens are parked in the Cronos Strategic Reserve, preparing for a dramatic 5-year lockup, on top of that other 5-year exile they already endured. 🏰 Let’s do the math: that’s a total of… drumroll, please… 10 years! And after all that, they’ll just trickle out like a leaky faucet. 🚰

Of course, the community wasn’t just sitting back sipping piña coladas; there was a full-blown uprising! “I thought we toast burnt tokens, not resurrect them!” grumbled a dashing CRO holder. Then another one chimed in, “A burn is a burn! What’s with this resurrection nonsense?!” and Crypto.com ambassador Wyll Bilderberg flipped his wig, declaring, “Today, I’m against it big time!” ⚡😱

“Massive dilution? Count me in for that!” an anonymous large CRO holder sighed. “This is pure comedy—only not the funny kind!” 🎭

“We crave a lean, mean burning machine, not a giant, flabby token bloated like an overstuffed burrito!” exclaimed LEGION, looking for the nearest gym. 🚴‍♂️

Despite all the uproar, CRO decided to party on and jumped 30% in price this week. It seems speculation is the new dance move. 🕺💃 With a trading volume skyrocketing by 1,357% to over $295 million, everyone’s moving to the beat—even with a crowd yelling “This isn’t a concert!” in the background. 🎤🎉

On March 24, an announcement about a partnership with Truth Media Group sent CRO from a sleepy $0.07 to a jazzy $0.12! But wait! It bounced back down to $0.10 quicker than a trampoline! Crazy times, folks! 🤯

So what does this all mean? Are we riding the rollercoaster of excitement, or is the cryptosphere pulling a fast one on us? Only time will tell if this magic trick turns into a disaster—or if Crypto.com can turn its shiny new treasury into solid gold. 🤹‍♂️💸

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2025-03-25 11:53