According to @zachxbt, the reissuance of 70 billion CRO tokens by the team, which were previously burned in 2021, has led to significant concerns within the trading community. This move, perceived as against the community's wishes, casts doubt on the transparency and reliability of the CRO token, potentially impacting its market valuation and investor confidence. Traders should monitor the situation closely, as such actions could lead to increased volatility in CRO's price.

According to Mihir (@RhythmicAnalyst), CRO has formed a bottom and is now indicating a bounce. The orange resistance line is identified as the next potential level to watch for traders. This analysis suggests a trading opportunity for those monitoring CRO's price movements closely. #CRO $CRO #Cronos #CronosChain #Crypto