Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’

Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’


On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also surged on Monday, as prices attempted to break out of a key resistance level.

Cronos (CRO)

Cronos (CRO) rebounded on Monday, as markets responded to Crypto.com CEO Kris Marszalek’s comments on recent speculation surrounding the company’s health.

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Following a low of $0.05629, CRO/USD rallied to an intraday high of $0.07459 earlier in today’s session.

The surge comes as Marszalek admitted that, “Trust was damaged, if not lost, and we need to focus on rebuilding trust.”

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