Crypto News Today, August 28 – Altcoin Season is Back: Cronos and Numeraire Still Going, DOLO Crypto Falling

The crypto market is shaking off the summer dip as altcoin season kicks back into play. Today’s headlines include Cronos, which has beenpumping since Trump’s Media announcement; Numeraire, too, which is going; and falling Dolomite DOLO crypto after Binance and Coinbase listing.

Bitcoin dominance is dipping further to 58%, the Altcoin Season Index hovers at 59, and cash is rotating from BTC to altcoins. Ethereum is holding steady at $4,600 level with ETH ETF inflows recording 4X against Bitcoin’s last week.

(Altcoin season index, source – CoinGlass)

Analysts are pointing to Fed rate cut hints and China’s stimulus as market’s fuel. Institutional whales has been adding $2.2 billion into ETH, and are now controlling 9% of supply, while small-caps volumes lag.

Is it bad? Likely not, it’s a perfect path to a classic early altseason run.

DOLO crypto could be dropping, but Solana with Jupiter and Raydium dominate with fresh liquidity as memecoin heats up.

DISCOVER: Top Solana Meme Coins to Buy in 2025

Numeraire, DOLO, and Cronos Dominating Headlines

Cronos stole the spotlight with a 56% jump in 24 hours, blasting to $0.35 on $2 billion crypto volume. As we know, Trump Media’s $6.4 billion crypto pivot has add another $1 billion into CRO chart. In addition to that, a $5 billion credit line for Truth Social integrations is pushing CRO up 141% weekly.

(CRO/USD, source – TradingView)

Numeraire is no slouch either; the crypto is rocketing by 74% to above $21 after JPMorgan’s  $500 million bet on Numerai AI hedge fund. Assets under management doubled to a big $1 billion, with 784,000 NMR staked in data models. Numeraire could be the coin that restart AI crypto run.

Today, Numerai reached a major milestone: one of the largest allocators to quant strategies has secured $500m capacity in Numerai’s hedge fund.

Learn more: https://t.co/CZEQDmIY95

— Numerai (@numerai) August 26, 2025

However, Dolomite DOLO is the odd one, tanking 15% to $0.26 despite Binance and Coinbase crypto listings. A whale was dumping 20 million DOLO crypto pre-launch, raising rug-pull eyebrows amid $116 million volume. Security exploits aslo drained $165K, hype and headaches for holders.

(DOLO Crypto, source – GeckoTerminal)

DePIN projects are also in the headlines after hitting $17.9 billion cap, while its stablecoins launch in Wyoming and Japan. Biotech firms eye crypto for funding, and Trump’s “American Bitcoin” tease will be debuting next month.

BTC at $110,000 feels like the calm before alts explode, once dominance below 55%, the real fireworks will begin.

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The post Crypto News Today, August 28 – Altcoin Season is Back: Cronos and Numeraire Still Going, DOLO Crypto Falling appeared first on 99Bitcoins.