The Crypto.com coin (CRO) has been rebranded as Cronos! This new name reflects the coin’s refreshed mission and values.
Crypto.com is committed to making cryptocurrencies more accessible and user-friendly. Crypto should be available to everyone, regardless of experience or expertise.
With Cronos, Crypto.com continues its quest to make digital currencies more accessible and convenient for everyday use.
The rebranding of CRO, formerly known as “Crypto.org Coin,” represents the coin’s decentralization and a substantial expansion of the Cronos ecosystem.
Cronos provides significantly faster and lower-cost transactions than Ethereum’s mainnet, ensuring decentralized applications (DApps) and smart contracts are more user-friendly than before.
The rebranding is part of Crypto.com’s plans to revitalize the token and spur adoption. The move comes as the crypto industry starts to see mainstream adoption, with big names like Tesla signing on.
In this forecast, we look at CRO price predictions from analysts, the latest news, and projections to assist you in determining if CRO is worth adding to your portfolio.
What is Crypto.com, and what is Cronos?
Crypto.com is a popular cryptocurrency trading platform that allows customers to buy, sell, and profit from digital currencies.
Kris Marszalek, Bobby Bao, Gary Or, and Rafael Melo started the company in 2016 with the aim of being the world’s largest expanding crypto application. Over 10 million people use Crypto.com as a cryptocurrency trading platform.
Crypto.com, on the other hand, focuses on utilizing payment platforms as a means to boost adoption and user acquisition while generating trading and financial services products as the main sources of income.
Furthermore, users may expand their portfolios and earn incentives of up to 14.5% on crypto assets through the service.
Users can use several fiat currencies to purchase and trade over 250 cryptocurrencies.
The Crypto.com ecosystem includes an app, exchange, DeFi wallet, NFT marketplace, Crypto Earn, and more.
In addition, users can earn up to 8% back on their purchases using the Crypto.com Visa prepaid card to spend anywhere VISA is accepted.
Users of the Crypto.com Visa cards can earn rewards for both local and overseas purchases, with no minimum or maximum spending requirements.
What is Crypto.com Cronos (CRO) Coin?
The CRO is the Cronos blockchain’s native token. Crypto.com Chain (CRO) is an Ethereum-based cryptocurrency that powers Crypto.com Pay, a payment service that allows consumers to pay for products and services with cryptocurrencies while earning cashback bonuses.
The Crypto.com Chain was created to support a network of cryptocurrency projects and develop a merchant’s capability to accept crypto as payment. It is regarded as a high-performance native blockchain solution that allows smooth transaction flows between crypto users and merchants.
The CRO cryptocurrency is highly adaptable. Users may swap CRO for profit by becoming liquidity providers, which allows them to earn fees and enhance their yield up to 20 times greater when staking CRO. When liquidity providers contribute to liquidity pools with a triple yield, they are generally motivated to do so.
Users may select between one and four years as the length of their staking period. They may also benefit from special bonuses when staking 100,000 CRO or more, as well as receiving up to 10% on the Crypto.com exchange when staking. CRO is paid to users who reach 10% for 10,000 CRO and 12% for 100,000 CRO.
What is the price of Cronos coin?
At press time, the price of Cronos coin is $0.386581 USD as of March 12, 2022. This is a increase of 0.45% from the previous day.
The highest price ever was $0.9698 on November 24, 2021 and the lowest price ever was $0.01149 on December 17, 2018.
What is the circulating/maximum supply of CRO?
The circulating supply of CRO is 25,263,013,692, and the maximum supply is 30,263,013,692 CRO.
What is the return on investment of Cronos (CRO)?
Cronos (CRO) return on investment (ROI) is 1857.13%. This would be the anticipated return on investment if you bought at the time of launch (or first known price).
Cronos Price Analysis – CRO Price Prediction
In December 2018, we tracked the CRO coin’s journey to see how it would eventually be faring in 2020. It wasn’t until summertime when this cryptocurrency really took off. On 20 June 2020, there were already signs that something big might happen with these coins because it was trading at $0.119.
In contrast, one month earlier, on 21 May 2020, CRO had been trading at $0.06917 – but not for long! Then, just a few months later — the price skyrocketed to $0.1798 on 1 September 2020.
This price hike that occurred between May and September 2020 may, at least in part, be attributed to the introduction of the Crypto.com Wallet on 20 May 2020.
The price of CRO did not rise substantially once again until the beginning of 2021, when it increased from $0.08459 on 16 February 2021 to $0.2203 on 22 February 2021, more than tripling its value in less than a week. The coin’s value peaked at $0.2468 on April 5th of 2020, before sinking to $0.09707 on May 23, 2021.
CRO did not begin to show more positive price action until late 2021, when it started to climb to $0.5339 on 17 November 2021 from a low of $0.2127 at the start of the month. It subsequently hit its all-time high of $0.9005 on 23 November 2021, which may be attributed to a range of factors.
These factors include, but are not limited to:
– The success of the Crypto.com Wallet and its introduction in May 2020
– The ability to purchase a variety of cryptocurrencies directly using debit cards or credit cards
– The increasing popularity of cryptocurrency trading
On the other hand, margin trading became accessible on the Crypto.com exchange in November 2021. CRO, nevertheless, took another nosedive to $0.3371 on 22 January 2022, after a decline to $0.5 on 20 December 2021.
There’s a lot to talk about regarding Crypto.com CRO price investment opportunities and corporate sustainability elements that have been observed to boost the cryptocurrency CRO price movement in the near term. In recent days, Crypto.com has gained AFSL.
In addition, Crypto.com has also established an NFT platform.
On Christmas Day, the NBA’s Los Angeles Lakers played their first game under the new arena building name “Crypto.com Arena.” With CRO hitting all-time highs after news of the partnership, many investors hoped for gains in the last month of 2021.
The crypto market became more favorable, and this virtual currency, the price of Cronos, was predicted to break all limits and scale gloriously, as previously stated.
Surpassing all limitations over the next year, it would most definitely show indications of good fortune for its investors.
The future looks bright for CRO, with several factors on the horizon that could lead to even more price growth. So if you are thinking about investing in this coin, now might be a good time to do so!
CRO Price Prediction 2022-2030
It is hard to predict the future of CRO coin. However, some indicators could give a clue as to what may happen.
In the context of a CRO crypto price forecast, Wallet Investor, an algorithm-based forecasting service, offered a favorable view.
Based on past experience, Wallet Investor predicted that the price would rise to $1.02 in February 2023 and surpass $3.44 by February 2027, owing to historical data.
In Digital Coin Price’s Cronos coin price prediction, the trusted brand predicted that CRO/USD would reach $0.57 in 2022, $0.67 in 2023, $0.84 in 2025, and $1.95 by 2030.
Even though the CRO crypto price prediction for 2040 is yet to be released, DigitalCoinPrice predicted it might hit $2.27 in 2031.
Furthermore, a price forecast made by Price Prediction was comparable to Digital Coin Price’s CRO price prediction that it would average $0.56 in 2022. Subsequently, it would leap to $0.82 in 2023. Its CRO prediction then jumped to $5 in 2028 and $11 in 2030 as a result of this.
CRO Price Prediction – Conclusion
Consequently, several factors could lead to continued price growth for CRO in the coming years. So if you are thinking about investing in this coin, now might be a great time to do so!
Keep in mind that predictions might go wrong. Therefore, forecasts should not be relied on exclusively. Moreover, forecasts should not be used as a substitute for your own investigation.
Before investing, always do your own research. Also, never invest or deal with money you are unwilling to lose.
Ultimately, it is difficult to say how accurate CRO coin price predictions are. Most forecasting services have a mixed track record when it comes to accuracy.
Nevertheless, some investors believe that CRO could be a good investment, as the value is likely to continue to grow in the coming years.
However, it is always important to do your own research before investing in any cryptocurrency.
It’s hard to say exactly what will happen to CRO in the future, but its value will likely continue to rise as the company behind it continues to grow.
For example, the recent introduction of the Crypto.com Wallet could lead to more people using CRO as a currency, increasing its value.
According to the Cronos price prediction, the Crypto.com coin CRO price prediction will rise over time in the long run.
On the other hand, forecasting services are notorious for getting their predictions incorrect.
As a result, you must conduct research before making any investing or selling decisions.
Yes, the CRO price recently rose to an all-time high of $0.9698. It appears that CRO has a massive fortune on its hands with numerous boosts in the future. This can be seen by consulting CRO coin price prediction data.
Yes, CRO has done exceptionally well in the last several months, increasing 900% throughout 2021. It is presently valued over 30 times as much as it was when the cryptocurrency was released, but it is presently on a significant decline.
The price of Crypto.com’s CRO is best for people who want to use their crypto for more than just investment purposes. However, the final decision to buy or sell depends on the coin’s future prediction.
It is impossible to say how accurate any CRO coin price predictions are. This is because forecasting services have a mixed track record when it comes to accuracy.
Some investors believe that CRO could be a good investment, as its value is likely to continue to grow in the coming years.
However, it is always important to do your own research before investing in any cryptocurrency.
Also, remember that predictions can go wrong, so never invest more money than you are willing to lose.
Many factors could influence the CRO price. Some of these include:
– The overall market conditions for cryptocurrencies
– The success or failure of the Crypto.com Wallet
– The growth or decline of the company behind CRO coin
– Regulatory changes
If you’re thinking about investing in CRO, it’s essential to do your own research and consult with a financial advisor to make sure it’s a good decision for you.
Remember that CRO price predictions can be wrong, so it is best to refrain from investing more money than you are willing to lose.