[LIVE] Latest Crypto News, August 27 – Trump Media Invests in Crypto.com to Hold Billions in CRO Crypto – Best Altcoin To Buy Right Now?

Trump Media & Technology Group has announced a partnership with Crypto.com to form a new venture designed to accumulate large amounts of the exchange’s native token, CRO, making one of the best altcoin to buy. The company confirmed it will purchase $105 million worth of CRO (685,427,004 tokens) as part of a treasury-style investment strategy.

This deal follows the playbook of Strategy (MicroStrategy), which made headlines by accumulating billions in Bitcoin starting in 2020. That move turned its balance sheet into a leveraged bet on crypto, ultimately boosting its valuation as Bitcoin soared. Trump Media is now attempting a similar approach but with CRO, underscoring its push to diversify into digital assets and integrate crypto utility into its social media platform Truth Social.

🚨 Breaking News:

Today is a historic day for $CRO

Trump Media Group CRO Strategy has announced $6.4B in funds to build America’s Cronos Treasury.

At closing, Trump Media Group CRO Strategy is expected to be the world’s largest holder of CRO.

Read the press release for more… pic.twitter.com/QQrSZLlKu4

— Crypto.com (@cryptocom) August 26, 2025

EXPLORE: Top 20 Crypto to Buy in 2025

CRO Price Breaks Higher as Market Looks for the Best Altcoin to Buy

The CRO chart shows a surge past $0.22, testing a resistance zone near $0.24 after weeks of steady accumulation. A breakout above this level could open the path toward $0.26–$0.28 in the near term, while support sits around $0.18 and then $0.12. The move comes on strong volume, confirming growing demand after the Trump Media partnership news.

While CRO is having its moment of glory, HYPE (Hyperliquid) is also attracting attention after hitting a new ATH at $50. With buybacks rising from 97% to 99% of platform fees, July trading volume hitting $330.8 billion, and Robinhood surpassed for the third month in a row, HYPE is proving to be one of the most promising altcoin in the market.

(Source: HYPE Perps)

Between CRO’s integration with Trump Media and HYPE’s exchange-driven growth, traders now have two strong candidates in the race for the best altcoin to buy right now.

Curious about the other big stories in crypto? Stay tuned to our real-time updates below.

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Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she’s not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,…
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