The rapid growth of the cryptocurrency ecosystem has continued to make global headlines while also gaining the attention and approval of governments and financial regulators. Several innovative projects have emerged within this period, and several digital assets have amassed significant popularity among market elements and other stakeholders. Crypto.com (CRO) is one such project making waves.
Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation.
The live Cronos price today is $0.380669 USD with a 24-hour trading volume of $43,757,942 USD. The current CoinMarketCap ranking is #19, with a live market cap of $9,616,846,041 USD. It has a circulating supply of 25,263,013,692 CRO coins and a max. supply of 30,263,013,692 CRO coins.
To help you better understand the Crypto.com network, this post will examine its offerings, use cases, past and present performance, ongoing developments, CRO price prediction from 2022 to 2025, and what the future could look like. Some of the questions that market players, both new and old, are inclined to have will be addressed as well.
Source: Twitter.com
What is Crypto.com (CRO)?
Crypto.com is a digital currency exchange built on a native chain solution and founded in 2016. The platform was designed to support a wide range of crypto-related projects and offer open market participants with easily accessible technical solutions bothering around investing, staking, holding. Trading of crypto-assets.Crypto.com is an all-inclusive exchange with an extensive list of cryptocurrencies, NFT offerings, wallet services, and fiat trading features.
The native blockchain of this platform is Crypto.com Chain, and it facilitates the seamless, secure, and cost-effective flow of transactions between users on the network. Crypto.com Chain is one of the products in Crypto.com’s line-up of solutions developed to accelerate the global adoption of cryptocurrencies. The CRO blockchain serves as a vehicle that drives the Crypto.com ecosystem. CRO is the native token of the Crypto.com blockchain, and it can be utilized as an intermediary currency or network fees when converting crypto to fiat (USD, EUR, etc.).
Use Cases and Features of Crypto.com (CRO)
The primary aim of the Crypto.com project is to introduce open-source blockchain solutions into the crypto ecosystem to popularize the acceptability of digital coins as a means of payment – as is the case with fiat currencies. Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation.
Crypto.com offers businesses an Invoice/Pay Checkout feature to enable customers to initiate checkouts and complete payments for goods and services using crypto via its wallet infrastructure. Charges on Crypto.com can be fulfilled using CRO (Crypto.com Coin), fiat currency, or stable coins (USDT, etc.). Users on the Crypto.com exchange can swap CRO on DeFi Swap, stake it, or become liquidity providers.
The platform offers a wide range of services to users, such as a payment system, various VISA-powered cards, fiat-to-crypto trading, staking, De-Fi services, crypto loans, withdrawals, and deposits. Crypto.com also provides its customer base with the opportunity to earn through the in-app “missions” section, where you can explore the mobile app’s features and earn rewards in return.
Crypto.com (CRO) Past Price Analysis
CRO market price – Coinmarketcap
According to the earliest price data obtained from Coinmarketcap, CRO kicked off with a market price of $0.01977 on December 14, 2018. The price quickly rose to $0.03729, and in the following months, CRO traded within a range of $0.012 – $0.024. By March 12, 2019, CRO hit $0.07344 and continued to trend upwards over the next few days reaching above the $0.1 mark on March 15. CRO lost momentum towards the end of 2019 and ended the year at $0.03358.
In 2020, CRO was stable in the first few months, with minimal price spikes. By the second half of 2020, CRO exceeded its highest market price of 2019 and crossed the $0.20 mark by August 21, 2020. CRO closed the year on a low and dropped to about $0.06.
2021 proved to be a good year for major cryptocurrencies such as BTC and ETH, as both touched new all-time highs. CRO was not left behind; it rode with the bullish crypto momentum by surpassing its highest point in 2020 and attaining its current ATH of $0.9698 on November 24. The upward surge in price experienced by the coin, especially in November, can be attributed to its listing on Coinbase Pro and Bitrue.
At the start of 2022, CRO began with an opening price of $0.5575. The coin has lost about 24.67% of its value and is currently trading at $0.4409.
CRO market price – Coinmarketcap
While Crypto.com Coin might not be the most popular altcoin on the crypto market, the CRO token has done quite well over the past year.
However, on January 17, 2022, there were multiple reports about a possible security breach on the Crypto.com ecosystem. The platform acted accordingly by temporarily suspending withdrawals pending investigation. Kris Marszalek, its CEO, tweeted that the exchange has beefed up its security architecture and assured users that “all funds are safe.”
Source: Twitter.com
CRO Price Prediction by Cryptopolitan
CRO Price Prediction 2022
The Crypto.com chain is a fast and reliable blockchain network with various features intended to improve user experience. Continuous development in the ecosystem and further adoption of CRO can quickly push the coin up to an average price of $0.60 in 2022, according to Digitalcoinprice.
Over a period of one year, CRO could be all set to show a bullish sign to affirm its strong position as a major attraction in the crypto investment space. Gov.Capital predicts an upsurge in price, with CRO expected to rise steadily to overtake its current all-time high and hit the $1 mark by November. By the end of 2022, the best possible price of CRO is forecasted for $0.9039, and its least possible price is expected to be $0.6681.
Expert predictions from Wallet Investor corroborate the CRO price forecast from Gov.Capital. Crypto.com coin (CRO) is expected to continue on a bearish run over the next 14 days. The least price within this period is expected to be $0.312.
At Cryptopolitan, we expect CRO to perform excellently in 2022 if the platform continues to implement its developmental goals toward massive adoption. CRO price prediction for 2022 is expected at an average market trading price of $0.07 in 2022.
CRO Price Prediction 2023
The Crypto.com ecosystem is growing fast, and the platform has continued to improve its security infrastructure, roll out new features, secure multi-year partnerships, and improve its crypto listings. In 2023, if investors continue to back CRO and salient development continues to spring up, the coin is expected to gain more popularity.
At the start of 2023, a minimum price of $0.77814 and a maximum price of $0.79286 are expected. Crypto.com coin (CRO) is predicted to end the year at a total coin price of $0.779720 and a minimum of $0.76428. Cryptopolitan indicates CRO Price Prediction for 2023 to be at least around $0.07 and a peak price of about $0.80.
CRO Price Prediction 2024
If the drive for functional crypto continues into 2024, the price of Crypto.com coin (CRO) may even reach newer heights by the end of the year. We expect CRO price prediction for 2024 to be between $0.75 – $0.87.
CRO Price Prediction 2025
With massive adoptions expected for CRO by 2025, Gov.Capital predicts that the crypto will gain tremendous investor support and could reach the best possible market price of $2.7807 by the end of the year, making it a profitable coin. Additionally, the least likely cost of the Crypto.com coin (CRO) by the end of 2025 is $1.9856. If the market variable favors CRO, we expect CRO price prediction to have an average price of $1.2 by 2025.
CRO Price Predictions by Industry Experts
CRO Price Prediction by ShardiB2
According to ShardiB2, Crypto.com coin (CRO) is expected to follow a bullish trend in 2022 despite its recent slump. The crypto analyst evaluated the direction of the coin and presented her bullish viewpoint. On December 27, 2021, ShardiB2 tweeted about her recent acquisition of $50K worth of CRO.
https://twitter.com/ShardiB2/status/1475490271832027140?s=20
Source: Twitter.com
CRO Price Prediction by CryptoCache
CryptoCache is quite conservative with its CRO price prediction for January 2022, citing the effect of BTC’s bearish market on CRO. They suggested DCA targets at $0.30, $0.34, and $0.40.
Source: Twitter.com
CRO Price Prediction by Youtube’s Crypto World
CRO Price Prediction by Bitcoin Bros
According to Youtube’s crypto-analysis Bitcoin Bros, the price of Crypto.com coin will hit $40 by the start of 2023.
Conclusions
According to a report by Crypto.com Research & Insights, the surge in crypto owners is expected to hit 1 billion by 2022 due to the exponential growth in use cases; CRO could also benefit from the rising numbers. CRO’s notoriety may be lower than that of Bitcoin and Ethereum for the time being, but we presume it is on the right track and has the potential to rise even higher in the long term. The predictions above have been bullish for a long time, and potential investors may want to add CRO to their portfolios.
The January hack affecting 483 users — ETH4,836.26 (approximately $15.2m) and BTC443.93 (approximately $18.6m), as well as $66,200 worth of other currencies, taken from accounts through unauthorized withdrawals — was settled through reimbursements, highlighting the low impact of the cyberattack.
Various initiatives, collaborations, and plans have been floated to increase public consciousness to implement security measures. Consequently, a spike in prices could be in the offing. It is important to note that CRO’s price action somewhat aligns with BTC’s; some similarities might exist – watch out for that. Whatever you do, ensure that you do your research by engaging fundamental and technical analysis before investing in any digital currency. The predictions presented in this piece are not financial advice.
FAQs on CRO
What is the CRO price today?
The current price of CRO is $0.4409.
How to buy CRO?
Users can obtain CRO tokens by purchasing them from cryptocurrency exchanges such as the Crypto.com exchange, Coinbase Exchange, KuCoin, Huobi Global, etc.
Is CRO worth buying?
Historical data suggest that CRO will be a profitable investment in 2022, and the trends for the coming years predict that the coin price will be bullish. Based on the price predictions and investor sentiments, CRO could be one of the best coins in years to come. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are incredibly volatile.
Will Crypto.com Coin (CRO) price increase in the future?
According to our predictions, the Crypto.com Coin (CRO) future price will increase.
Is Crypto.com Coin a Good Investment In 2022?
Yes, according to our CRO price forecasts, the Crypto.com Coin price will increase. The Crypto.com Coin (CRO) price is $0.4409, but by the end of 2022, the average Crypto.com Coin price is expected to be $0.9039.
Will CRO reach $10?
The $10 mark could be an unlikely feat to attain immediately or in a few years, but time will tell.
Source: https://www.cryptopolitan.com/cro-price-prediction/