Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Premium is discounted today! 👉 Get 60% OFF 👈

Why did Cross (CROSS) Surge 27% in 24 Hours?

2d ago
bullish:

1

bearish:

0

Share

The Cross (CROSS) token, native to the Ethereum-compatible layer-1 blockchain designed for the Cross Web3 gaming platform, has experienced a notable price surge following a series of announcements, including exchange listings and associated reward programs.

Moreover, the platform announced a 10,000 CROSS Claim reward on X, distributing 500 CROSS each to the top 20 participants of a recent event.

“Big thanks to everyone who got LOUD with us during the event, Top 20 folks – it’s time to claim your reward! 10,000 $CROSS Giveaway (500 $CROSS each),” the platform announced.

Notably, the token CROSS is associated with Cross Chain Gaming (Cross Gaming), a Layer 1 blockchain optimized for on-chain games.

Furthermore, it is fully EVM compatible and provides a modular infrastructure for game development, including SDKs, a decentralized exchange (DEX), a bridge, and a wallet.

Here’s Why CROSS is Surging

The platform airdrop announcement coincided with Bitget, a cryptocurrency exchange, revealing the listing of CROSS on its platform.

To commemorate the listing and attract new users, Bitget allocated a reward pool of 312,500 CROSS tokens to participants who joined through a specific link between July 8, 2025, at 9:00 (UTC) and July 15, 2025, at 9:00 (UTC).

This promotion, however, excludes affiliates and is limited to the first 600 eligible participants. Rewards will be distributed on a first-come, first-served basis.

Bitget explicitly stated that internal transfers would not be included in the deposit amount calculation for eligibility and that the campaign rewards could not be combined with other platform promotions. However, the reward distribution is scheduled within seven working days following the campaign’s conclusion.

Gate Launch Airdrop Program

Intriguingly, Bitget is not alone in offering incentives for CROSS’s listing. Gate, another crypto exchange, has also launched a CROSS trading competition featuring a three-stage activity.

The first activity rewards users with CROSS spot transactions of at least 5,000, sharing a 160,000 CROSS prize pool based on their trading volume ranking.

Activity 2 caters to new users, offering an extra 20,000 CROSS bonus for their first order. New registrants can earn 100 CROSS by reaching a CROSS spot trading volume of $2,000 or any contract trading volume of $10,000. This segment has a capped prize pool of 20,000 CROSS, also distributed on a first-come, first-served basis.

Finally, the third activity offers incentives for user referrals. It entails awarding 20 CROSS for each invited friend who registers and completes either $2,000 in CROSS spot trading volume or $10,000 in CROSS contract trading volume.

CROSS Price Action Today

The announcement of these exchange-driven reward programs appears to have had a positive impact on the price of CROSS. Its value has seen a dramatic surge exceeding 20%.

Moreover, the trading volume for CROSS in the last 24 hours stands at $15.54 million. This represents a 0.50% increase from the previous day, indicating increased market activity.

Notably, CROSS has established an all-time high of 0.07992 and an all-time low of 0.04661. Currently, it is trading 4.82% below its peak and 63.21% above its lowest price. On the other hand, its rising market capitalization is $26.5 million.

The fully diluted valuation (FDV) of CROSS is estimated at $75.84 million. This figure represents the potential market capitalization assuming the maximum supply of 1 billion CROSS tokens is in circulation. However, the actual realization of the FDV may take several years, contingent on the token emission schedule.

The recent price action indicates heightened interest in CROSS, potentially fueled by the exchange listings and associated reward programs.

The post Why did Cross (CROSS) Surge 27% in 24 Hours? appeared first on Cointab.

2d ago
bullish:

1

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.