CRO Price Prediction 2022-2031: Is Cronos a Good Investment?
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.
Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand the Los Angeles-based venue. Crypto.com released an artist’s rendering of some of the changes it planned to implement at the iconic arena in a reported “multimillion-dollar campaign” before many major sports teams begin playing later in 2022. Some of the renovations included new jumbo screens, concession stands, and a terrace overlooking the downtown Los Angeles area.
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. Three months after going live, user adoption has surpassed expectations, with more than 350,000 unique wallet addresses performing transactions on Cronos
To help you better understand the Crypto.com network, we 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.
Today’s Cronos price is $0.127327 with a 24-hour trading volume of $14,900,103. Cronos is up 1.52% in the last 24 hours. The current CoinMarketCap ranking is #26, with a live market cap of $3,216,655,548. It has a circulating supply of 25,263,013,692 CRO coins and a max. supply of 30,263,013,692 CRO coins.
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 easily accessible technical solutions for investing, staking, and 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, which 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.).
Crypto.com Founders
Rafael Melo, CFO and co-Founder, has 15 years of experience in finance, and a deep understanding of risk, compliance, and the Mobile Payments ecosystem in Asia. He has led fundraising efforts as CFO at ASX-listed Ensogo, securing strategic investment from VIPSHOP (NYSE:VIPS) and raising over A$50m from blue-chip institutions like Fidelity and Goldman Sachs, and BlackRock.
Bobby Bao, a co-founder and managing director (formerly known as Monaco), is also as a member of Forbes Asia 30 Under 30 List in the Finance & Venture Capital category. As one of the key players influencing the future of money in Asia, Bao has played a critical role in directing Crypto.com’s corporate strategy and leading fundraising.
Crypto.com is operated by Foris DAX Asia, a Singapore-based company that’s a subsidiary of Foris DAX MT (Malta) Limited. With such an esteemed lineup, one can regard CRO tokens as a good investment despite the bearish momentum of the current market. With investor confidence, there’s a high possibility that Crypto.com projects can enter its next major phase.
Use Cases and Features of Crypto.com
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 users a wide range of services, such as a payment system, 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.
CRO Past Price Analysis
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.
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.”
CRO Past Price Analysis
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, with minimal price spikes in the first few months. 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.
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.”
Crypto.com New Developments
Crypto.com signs NFT MoU with Fantagio
In Korea, on August 9 Crypto.com, the fastest-growing cryptocurrency platform, signed an MoU with Fantagio for NFTs. This alliance will promote NFT entertainment ventures.
As their first collaboration, the companies will offer a song NFT honoring ‘Meta Miu’ ‘Meta Miu’ is a project co-developed by Fantagio and Web3 entertainment platform Fellaz. Meta Miu will be handled as a participant-centered fandom community using the Fellaz platform, and NFT-subscribed members will have access to exclusive content.
Miu’s debut single ‘Uptown Boy’ will be released on Crypto.com on August 11. Only one NFT type will include the complete song. Holders of the whole song version NFT or all independent sections of the full song NFT will receive a Fellaz “light stick,” a subscription to their site, and access to special content.
Crypto.com Secures Electronic Financial Transaction Act and Virtual Asset Service Provider Registration in South Korea
With over 50 million users worldwide, Crypto.com is actively growing and expanding its ecosystem. Today’s announcement comes after Crypto.com received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License, provisional approval for its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority, registration in Italy from the Organismo Agenti e Mediatori (OAM), registration in Greece from the Hellenic Capital Market Commission, and registration in Cyprus from the Securities and Exchange Commission.
Crypto.com Appoints Chin Tah Ang as General Manager, Singapore
Ang has extensive strategic business development experience in technology and a good understanding of the Singapore market. Crypto.com gained MAS clearance for their Major Payment Institution License in June 2022.
Ang was head of Digital Industry Singapore (DISG), a joint office of EDB, EnterpriseSG, and Infocomm Media Development Authority (IMDA). DISG aims to anchor global technology giants, cultivate local champions, and nurture future-ready talent in Singapore. Ang formerly worked for EDB, driving strategy and policy in foreign markets.
“Singapore is a bustling centre for finance and Web3 innovation, and I’m excited to join a company at the forefront,” stated Crypto.com‘s Singapore General Manager Chin Tah Ang. Crypto.com will continue to work with public and private sector partners to address crucial concerns, support ethical digital asset innovation, and build Web3 in Singapore.
Kris Marszalek, Co-Founder and CEO of Crypto.com, stated Chin Tah has a comprehensive awareness of local market dynamics, the competitive landscape, regulatory problems, and technology advancements. “Chin Tah’s leadership and skills will steer us in a vital market for our business and industry.”
CRO Technical Analysis
CRO has completed its course correction and will now begin its bull run. Get ready to load the rocket ship! Although the timing is somewhat off, the move will still be executed, and a significant pump will come.
There is a potential for a momentary retracement to the line of support that was highlighted before (0.1265). If this is the case, market participants can place orders based on Price Action and anticipate reaching their short-term targets.
CRO coin Price Prediction 2022-2031
Wallet Investor
CRO is an excellent long-term (1-year) investment, according to the Wallet Investor Forecast System. Smart technical analysis updates Crypto.com Chain predictions every 3 minutes with the most recent prices.
Wallet Investor forecasted future values for a wide range of digital coins, including Crypto.com Chain, using technical analysis. CRO can be a profitable investment option if you are looking for virtual currencies with a high return. At 2022-08-21, the price of the Crypto.com Chain was 0.135 USD. If you buy Crypto.com Chain today for $100, you will receive 739.087 CRO. According to our projections, a long-term increase is expected; the price forecast for 2027-07-24 is 0.852 US Dollars. Revenue is expected to be around +531.11% after a 5-year investment. In 2027, your current $100 investment could be worth $631.11.
Coincodex
CRO is an excellent long-term (1-year) investment, according to the Wallet Investor Forecast System. Smart technical analysis updates Crypto.com Chain predictions every 3 minutes with the most recent prices.
Wallet Investor forecasted future values for a wide range of digital coins, including Cronos coin price predictions, using technical analysis. CRO can be a profitable investment option if you are looking for virtual currencies with a high return. At 2022-08-21, the price of the Crypto.com Chain was 0.135 USD. If you buy Crypto.com Chain today for $100, you will receive 739.087 CRO. According to our projections, a long-term increase is expected; the price forecast for 2027-07-24 is 0.852 US Dollars. Revenue is expected to be around +531.11% after a 5-year investment. In 2027, your current $100 investment could be worth $631.11.
Digital Coin Price
CRO token price reached $0.59 in the first week of January 2022 before reaching a minimum of $0.33 for the first time since January 2021. Cronos has the potential to break through the $0.21 barrier and capture the market by the end of 2023. Cronos’s lowest price will be between $0.17 and $0.21. Market analysts and experts predict that CRO will begin the year at $0.16 and trade at around $0.23 by 2024. According to their projections, this would be significantly higher than last year. According to Cronos forecast and technical analysis, Cronos Price Prediction is expected to cross the $0.51 average price level in 2029. Cronos’ minimum price is expected to be $0.50 by the end of 2029. Cronos will attempt to reach a low of $0.63 in 2031. With an average forecast price of $0.66, it may attempt to obtain the maximum and next top tier of $0.70. It may break the previous high and advance to the next level.
Cryptopolitan
CRO Price Prediction 2022
Our in-depth technical analysis of CRO’s historical price data indicates that in 2022, the price of Crypto.com Coin will be a minimum $0.46. With an average trade price of $0.48, the CRO price can go as high as $0.51.
CRO Price Prediction 2023
In 2023, analysts forecast that the price of Crypto.com Coin will be a minimum of $0.71. In 2023, the price of one Crypto.com Coin can increase to a maximum of $0.84, with an average price of $0.73.
CRO Price Prediction 2024
According to projection prices and technical analysis, the price of Crypto.com Coin is expected to be a minimum $1.03 in 2024. With an average trade price of $1.06, the CRO price can go as high as $1.22.
CRO Price Prediction 2025
In 2025, the price of 1 Crypto.com Coin is predicted to fall to a minimum of $1.49. With an average price of $1.53 during 2025, the CRO price can go as high as $1.80.
CRO Price Prediction 2026
The price of Crypto.com Coin is anticipated to be a minimum of $2.15 in 2026. According to our research, the CRO price could rise as high as $2.58 with an average anticipated price of $2.23.
CRO Price Prediction 2027
Our in-depth technical analysis of CRO’s historical price data predicts that in 2027, the price of Crypto.com Coin will be at a minimum of $3.09. The price of one Crypto.com Coin can go as high as $3.75, with an average trading value of $3.20 in USD.
CRO Price Prediction 2028
In 2028, the price of Crypto.com Coin is expected to drop to a minimum of $4.32. With an average selling price of $4.48 throughout the course of 2028, the price of a single Crypto.com Coin might go as high as $5.34.
CRO Price Prediction 2029
The projection and technical analysis predict that the price of Crypto.com Coin will be a minimum of $6.58 in 2029. The CRO price ranges from $6.76 to $7.66, with $7.66 being the highest possible price figure.
CRO Price Prediction 2030
In 2030, the price of Crypto.com Coin is expected to be a minimum of $9.37. With an average trading price of $9.64 during the course of 2030, the price of a single Crypto.com Coin may go as high as $11.13.
CRO Price Prediction 2031
The price of Crypto.com Coin is anticipated to be a minimum of $13.12 in 2031. According to our research, the CRO price could rise as chigh as $16.07, with an average anticipated price of $13.60.
CRO Price Prediction by Industry Influences
Conclusion
The price of CRO is expected to peak at $0.51 by the end of 2022. Crypto.com The coin’s value is expected to rise further as scarcity drives up prices. Please keep in mind that any investment involves some risk. Simply invest in what you can accomplish before drawing any conclusions and conducting as much research as possible.
By the end of the year, the average price of Crypto.com Coin (CRO) could be $0.48. According to the five-year forecast, the coin will easily reach the $2.23 mark. Crypto.com Coin has the potential to soar to new heights. It is expected that the value of CRO will rise. According to experts and business analysts, Crypto.com Coin could reach a high of $16.07 by 2030.
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