A Cronos governance proposal seeks to reissue 70 billion burned CRO tokens. Most voters are currently against the plan.
Cronos Group Inc. closed 35.67% below its 52-week high of $3.14, which the company reached on May 16th.
Cronos plans to reissue 70 billion CRO tokens to boost liquidity, support an ETF, and drive institutional adoption.
Cronos token surges 40% as Crypto.com announces strategic reserve plans to reverse past token burn and restore total supply to 100 billion CRO.