Cronos (CRO) has skyrocketed over 30% in the past 24 hours, making it the top-performing altcoin in the market.
The token is now trading at a 30-day high, fueled by renewed investor interest following the announcement of a partnership between Trump Media and Crypto.com. With the high demand for the altcoin, it could maintain this rally in the short term.
Cronos Surges as Trump Media & Crypto.com Explore ETF Partnership
On Monday, Trump Media and Crypto.com announced a partnership to explore launching ETFs, including one based on CRO, Bitcoin, and other assets. This development has driven bullish momentum in CRO, with technical indicators signaling a resurgence in the altcoin’s demand over the past 24 hours.
For example, after the partnership was announced, CRO’s Aroon Up Line soared to 100%. This indicator measures the strength and direction of a trend by tracking the time since the highest high (Aroon Up) and lowest low (Aroon Down) over a set period, typically 25 days.
When the Aroon Up line is at 100%, it indicates that a new high has been reached recently and that the uptrend is strong. This suggests sustained bullish momentum, especially if the Aroon Down line remains low, confirming minimal downward pressure. This is true of CRO, whose Aroon Down Line is currently at 0%.
Further, the altcoin’s Parabolic Stop and Reverse (SAR) indicator supports this bullish trend. At press time, the indicator’s dots rest below CRO’s price, offering support at $0.06.
The indicator identifies an asset’s potential trend direction and reversals. When its dots are placed under an asset’s price, the market is in an uptrend. It indicates an asset’s price is rising, and the rally may continue.
CRO Eyes Further Gains – But Can It Avoid a Selloff?
CRO trades at $0.109 at press time, having broken above the resistance at $0.089. With strengthening demand for the altcoin and growing bullish bias, it could extend its rally toward $0.126.
However, if selloffs begin, CRO could shed some of its recent gains and retest the support at $0.089. If the bulls fail to defend it, the token’s price could plunge to $0.068.
GoPlus Security unveiled the latest playbook employed by a well-coordinated scam network targeting unsuspecting crypto users with promises of effortless USDT earnings.
Meanwhile, deepfake AI is progressively becoming a concern. Bad actors leverage authoritative voices in the industry to target unsuspecting victims. These mark an alarming disclosure that mirrors the growing sophistication of crypto fraud.
These projects entice users with the promise of “zero-cost, stable USDT rewards” in exchange for completing simple, low-effort tasks. Once initial contact is established, scammers send small tokens and minimal USDT over several days to establish legitimacy. But it’s all a calculated ruse.
The ultimate goal is to convince users to grant token approval permissions, often to externally owned accounts (EOAs). Once approvals are in place, the scammers continue sending rewards for days or weeks while monitoring wallets.
When a user’s balance crosses a threshold or revocation activity is detected, high-speed front-running bots swoop in and drain funds in seconds. These trading bots are willing to burn gas at any cost.
“This is a long game to catch big fish,” GoPlus warned in its statement.
Against this backdrop, GoPlus Security cautions against granting unlimited token approvals, especially to EOAs. The firm also urges users to adopt proactive on-chain security tools.
“There’s no such thing as free money — don’t trust projects that claim you can easily earn just by participating,” it added.
As BeInCrypto reported, these range from verifying token contracts and approval histories to using tools that limit permissions or automatically revoke dormant approvals.
Deepfake Deception: The Next Frontier of Crypto Fraud
Beyond blockchain, crypto scams are exploiting artificial intelligence at a dangerous scale. Bad actors also weaponize deepfake technology, which creates convincingly fake videos of public figures, to defraud investors.
In a warning earlier this year, Binance co-founder Changpeng Zhao (CZ) revealed AI-generated clips promoting fake investment platforms falsely endorsed by major crypto personalities.
“There are deepfake videos of me on other social media platforms. Please beware,” CZ stated.
A disturbing example recently emerged in Ghana. The country’s Ashesi University denounced a deepfake impersonation of its president, Patrick Awuah Jr. Reportedly, scammers used him to promote a scam called “Crypto Klutz.”
They embedded the video in a fake news article mimicking Graphic Online. The scammers circulated it alongside doctored X screenshots to manufacture credibility.
“…Neither Patrick Awuah nor Ashesi University is associated with this or any similar platform. Please help protect our community by reporting it as fraudulent when encountered and encourage others who see it to do the same,” the university articulated.
It cited too-good-to-be-true promises, fake celebrity endorsements, and non-existent exchanges or wallets. Other red flags include urgency tactics to rush decisions, and demands for private keys or upfront payments.
A Variety report confirmed that deepfake-assisted fraud surpassed $200 million in losses in Q1 2025 alone. This figure highlights how fast scammers scale operations through generative AI and synthetic media.
As on-chain scams become more patient and AI deepfakes more persuasive, the crypto community faces a dual-threat environment unlike anything seen before.
“AI-powered scams are changing the crypto game. With deepfakes, voice cloning, and AI-generated phishing, scammers are raking in millions,” trader Crypto Frontline remarked.
Russia’s Ministry of Finance and Central Bank are teaming up to launch a centralized crypto exchange. This comes after successive attempts to force other exchanges out of the country.
This is just one step in Russia’s recent efforts to promote cryptocurrency as a tool to evade sanctions. Its government and business community have been espousing the practice, and Russia is considering a ruble-backed stablecoin.
Russia to Launch a Government-Backed Crypto Exchange
According to a report from local media, Russia’s government institutions have big plans for this centralized exchange. Initially, it will only be open to “super-qualified” investors.
This refers to investors who have 100 million rubles ($1.2 million) in securities and deposits or 50 million ($600,000) in annual income. These requirements are not final and may be changed after launch.
Anton Siluanov, Russia’s Minister of Finance, described the plan:
“Together with the Central Bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows. Naturally, not within our country, but those operations that have been carried out today within the framework of the experimental legal regime,” he said.
This exchange is part of Russia’s response to an international crypto crackdown. Specifically, private firms are being forced to leave the country.
By creating this exchange, Russia will have a platform to further intensify its crypto-based activities. According to the report, these “super investors” will be able to directly trade in cryptoassets, while retail traders will be restricted to various derivatives. This ties in with a recent three-year plan to test regulated crypto markets.
Russia’s crypto exchange is set to launch this year, but the government still needs to determine a few details. The regulatory framework for crypto derivatives is not entirely operational, and the plan has faced some pushback from the nation’s financial community.
AI coins like Reploy (RAI), Alchemist AI (ALCH), and DOGEAI have seen strong market activity in the last seven days. Reploy, an Ethereum-based platform for LLM development, has jumped 15% in the past week as adoption grows.
Alchemist AI, a no-code software development platform on Solana, is up 40%, driven by increasing demand. DOGEAI, tapping into multiple narratives, has gained 5% over the past seven days despite a sharp correction.
Reploy (RAI)
Reploy, an Ethereum-based platform, specializes in developing large language models (LLMs) for a range of applications, including personal chat, image generation, and artificial intelligence assistants.
The platform is integrated with 40 different protocols and introduced its native token, RAI, at the end of December 2024, aiming to enhance its ecosystem and utility.
RAI has surged 15% over the past week, bringing its market cap near to $18 million, while its 24-hour trading volume has climbed 76%. If the current uptrend continues,
RAI could test the resistance at $2.14, and a breakout above this level could push it toward $2.40. Sustained buying interest might drive RAI to challenge $2.90, with the potential to surpass $3 for the first time in a month.
Alchemist AI (ALCH)
Alchemist AI is a no-code development platform that enables users to create software applications using natural language and simple descriptions. Its native token, ALCH, operates on the Solana blockchain.
ALCH has surged over 40% in the past week as the platform continues to gain traction, pushing its market cap to $54 million.
If the current momentum persists, ALCH could soon test the resistance at $0.074, and a breakout could send it toward $0.11.
However, if the trend reverses, losing the $0.059 support could lead to a drop toward $0.045, with a strong downtrend potentially pushing it as low as $0.021.
DOGEai (DOGEAI)
Positioning itself within multiple narratives, DOGEAI capitalizes on the popularity of Dogecoin, the growing attention toward the Department of Government Efficiency (DOGE), the US department led by Elon Musk, and the trend of AI coins.
The project describes itself as “an autonomous AI agent dedicated to identifying waste and inefficiencies in government spending and policy decisions”.
Over the past week, $DOGEAI has climbed nearly 16% until Thursday, though it started seeing correction on Friday. The token currently holds support around $0.040, but if this level fails, a decline toward $0.026 could follow.
On the upside, sustained interest and buying momentum could push $DOGEAI to test resistance at $0.049, with a breakout potentially driving the price as high as $0.076.