CRO Price Prediction 2023-2031: Is Cronos a Good Investment?
CRO Price Prediction 2023-2031
- CRO Price Prediction 2023 – up to $0.099
- CRO Price Prediction 2025 – up to $0.21
- CRO Price Prediction 2028 – up to $0.65
- CRO Price Prediction 2031 – up to $2.18
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.
Today’s Cronos price is $0.057423 with a 24-hour trading volume of $10,113,004. Cronos is up 0.48% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $1,450,682,731. 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, 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.
What is Crypto.com (CRO)?
Crypto.com is a digital currency exchange built on a native chain solution and was 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 the 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 stablecoins (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 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 General Manager in Singapore branch
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.”
Cronos Social Media Notes
The Crypto.com exchange’s utility token is called Cronos (CRO). The Cronos token has increased by about 10% since last week, which is notable given how many other tokens have decreased within the same time period. Additionally, it has seen a significant rise in social activity, with several mentions and engagements. The Cronos Chain Ambassador Program is probably to blame for the spike in pricing and social engagement (CROnauts). The Cronos community may aid in the project’s promotion and general growth by taking part in the program. The price of the coin is $0.11.
The Cronos Chain native coin, CRO, has experienced rapid growth over the past week. The alt ranked as the #26 biggest coin, according to statistics from the cryptocurrency social analytics company LunarCrush.
In the previous seven days, CRO also experienced a rally in its social activities. Furthermore, as of September 23, the number of mentions on social media increased by 40% to 37,000. Additionally, within the same time period, CROs’ social interactions increased by 14% and reached a value of 61.6 million.
This increase in social engagement for the alternative, according to LunarCrush, caused its price to increase by 13% as of September 28.
CRO Technical Analysis
Cro price analysis shows Cronos CRO price has been declining sharply in the last 7 days, with a low of $0.05658 and a high of $0.05801. In addition to this, the exponential moving average (EMA) has been trending downward since the beginning of November, suggesting that there is bearish sentiment in the market at present. Furthermore, the Relative Strength Index (RSI) has recently dropped below 30, indicating that the market is currently oversold.
Looking at the chart, we can see that there are two major support levels for CRO — $0.05 and $0.055. If these levels break, then it could result in a significant drop in price. On the other hand, if these supports hold, then there is potential for the price to move up.
The 200-day moving average (MA) has been acting as a strong resistance level, showing that the bulls have not been able to break through this barrier yet. Nevertheless, if the price manages to surge above this level, then there is potential for a strong rally.
The key support areas are $0.05 and $0.055, while the resistance area is the 200-day MA at around $0.062.Cros’s price movement has been characterized by a range-bound pattern for the last few weeks. In order to break out of this pattern, it needs to either break through the resistance at $0.062 or fall below the support at $0.055.
Further technical indicators show a bullish crossover on the 21-day and 50-day moving averages. This suggests that buyers are beginning to step into the market, which could lead to further upside in the coming weeks.
The Moving Average Divergence Convergence (MACD) is another indicator that suggests there could be an uptrend in the coming weeks. The MACD line is on the verge of crossing to the upside, which could be a sign of increasing buying pressure.
To conclude, CRO’s price has been in a downward trend for the last 7 days and is currently trading close to major support levels. The 200-day MA has been acting as strong resistance, but if the bulls manage to break through this level then there could be further upside. Additionally, bullish crossovers on other technical indicators suggest that buyers are starting to enter the market, which could lead to further gains in the near future.
Cro Price Prediction by Cryptopolitan
Cro Price Prediction
CRO Price Prediction 2023
Our Cronos coin price prediction for 2023 is expected to hit a high of $0.099. For the same year, we anticipate that the CRO will cost an average price of $0.083 and a minimum of $0.08.
CRO Price Prediction 2024
In our CRO price forecast for 2024, we expect that the token can potentially surpass its peak at an estimated maximum value of $0.14.The average price forecast is expected to be $0.12 while the minimum price is expected to fall to $0.12.
CRO Price Prediction 2025
Our Cronos price prediction for 2025 is a maximum of $0.21. For the same year, we anticipate that the price of CRO will range between a low of $0.17 and keep a constant average of $0.17.
CRO Price Prediction 2026
The CRO price prediction for 2026 suggests the CRO coin might attain a maximum price of $0.3 and a minimum price of $0.26. The altcoin is expected to attain an average price of $0.27.
CRO Price Prediction 2027
Our CRO price prediction for 2027, Cro is expected to pick up the bullish momentum that is currently expected and enter a bull run that could see it reach highs of $0.45. CRO is expected to trade at an average value of $0.38 and a minimum price of $0.37.
CRO Price Prediction 2028
Our CRO coin price prediction for 2028 suggests that the coin might reach a minimum price of $0.56 with an average CRO price of $0.58 and a maximum forecasted value of $0.65.
CRO Price Prediction 2029
The CRO coin price prediction for 2029 suggests the CRO coin can attain a maximum price of $0.97 and a minimum value of $0.85. The average trading price for 2029 is expected to be around $0.88.
CRO Price Prediction 2030
Our Cronos crypto price prediction for 2030 is a maximum of $1.5. For the same year, we anticipate that the price of CRO will range between a low of $1.26 and keep a constant average of $1.3. We anticipate the coin will keep rising, gaining popularity, and recording more transactions.
CRO Price Prediction 2031
Our CRO coin forecast for 2031 anticipates Cro to reach a maximum price of $2.18 by the end of the year. A minimum price of $1.82 and an average price of $1.88 are expected. With a higher adoption of blockchain-based applications in the future, the CRO coin could see an enormous increase in price.
Cronos Price Predictions by Wallet Investor
A reliable prediction has been made by the algorithm-based forecasting service Wallet Investor. Based on past performance, Wallet Investor predicts that Cronos coin price will increase in price to $0.0532 by the end of the year and reach its target price of $0.0562 in the beginning quarter of 2023.
Cronos Coin price Predictions by Price Prediction net
The price of Cronos is predicted by the Price Prediction net to be around a minimum value of $0.17 in 2025 based on historical price data for CRO. With an average trading value of $0.17 in USD, the Cronos price value can go as high as $0.21. The value of CRO is anticipated to rise more and reach a peak price of $2.18 by 2030.
Cro Price Predictions by Digital Coin Price
DigitalCoinPrice has a bullish Cronos price forecast as the website suggests that the coin could be worth $0.068 as we approach 2023, $0.13 in 2023, and $0.19 in 2024. The site’s CRO coin price prediction for 2025 said CRO could be worth about $0.25 that year.
CRO Price Prediction by Industry Influencer
The incredibly well-built cryptocurrency CRO is diversifying in a variety of ways to remain effective in the cryptocurrency market. According to Jake Gordon Crypto Cronos’s price forecast, he suggests Cronos will surpass $2 and soar to new heights in 2023 as a result of the cutting-edge projects that are driving it.
In this video, I review the top 5 reasons why you should use Crypto.com and CRO coin: 0:00 – Intro 0:46 – Reason 5 2:02 – Reason 4 4:33 – Reason 3 5:09 – Reason 2 6:56 – Reason 1 9:10 – Conclusion & Outro
If the shoe fits, wear it, but if you’re not totally convinced, find out more.
Conclusion
Due to the abundance of contemporary financial services, including those based on the DeFi tenets, CRO tokens are in high demand. In addition to being a simple platform for storing and using cryptocurrencies, it also offers a variety of opportunities for side income.
But 2022 has been a poor year for CRO. It fell down initially, before managing to briefly top $0.50 on 9 February. However, positive sentiment surrounding its value did not last long, despite its rebranding from crypto.com to Cronos in an attempt to reflect “the decentralization of the coin and tremendous growth of Cronos ecosystem”
After Crypto.com decided to reduce its staking rewards and terminate certain partnerships, the price of CRO quickly plummeted.
On May 12th, 2022, the tumultuous market conditions triggered by UST’s de-pegging and LUNA’s disintegration brought CRO to a low of $0.1694. The following month became even more disastrous when Celsius (CEL) suspended withdrawals on their crypto lending platform – sending Cronos into an unprecedented plunge down to $0.09902 on June 18th.
On 25 July 2022, the CRO platform made an exciting announcement that it had enabled a new Google Pay in-app feature to help users purchase crypto with heightened security and speed. Additionally, just two days prior on 23 July 2022, its Crypto.com Visa cards received numerous updates for further convenience of usage.
On the 5th of September 2022, Cronos was valued at $0.1185. Come 13 October however, and in spite of a roadmap that highlighted its scalability being revealed earlier on, it had already depreciated to an abysmal $0.09653! Yet astonishingly enough, despite this onslaught against the crypto-currency there were signs of recovery back to its original price by 6 November – $0.1183 – yet soon thereafter matters became even worse. In a shocking revelation, Cronos was discovered to have mistakenly sent ether (ETH) totaling an astounding $400m to the wrong crypto account.
Shortly after the failure of the FTX (FTT) crypto exchange, CRO’s price plummeted nearly 30% in a mere few hours, settling at its lowest price of $0.05629 on November 14th. Contrastingly, merely one day before it had been sold for slightly more than $0.08.
Following that, the price dipped to its lowest point on 28 November at $0.06156 before recovering somewhat and trading at $0.06572 as of 6 December 2022; however, it quickly fell back down to $0.05629 by 20 December of the same year.
In the wake of FTX’s downfall, Cronos released its assets to the public. On 11 November, figures appeared to suggest that it had amassed over $2 billion in resources—yet by 16 November 2022, this number dramatically decreased to just above $600 million before rebounding and reaching an impressive sum of $3.3 billion as of 1 December 2022. Notably however was their lack of debt throughout the entire ordeal; proving how successful they were at utilizing these funds efficiently!
Despite all these shackles, Cronos cryptocurrency has remained resilient as the market looks to stabilize. The crypto market is expected to recover as 2023 arrives. As the world starts to recognize cryptocurrency as a legitimate asset, the demand for coins like Cronos will rise, thus driving its price upwards.
Therefore, though it had been through quite a rollercoaster ride in 2022 and dropped significantly, it is expected that its prices would rebound in 2023 and reach new heights with increased investor confidence. As such, all the holders of CRO tokens should remain patient and optimistic about their investments.
The project expanded the sphere of influence long ago, adding margin and OTC trading. The long-term price will increase, according to the CRO price estimate. However, forecasting websites occasionally make erroneous forecasts.
The greatest option for purchasing CRO would be to use an internal exchange like Crypto.com. This website is quite unstable. Additionally, it is available on a number of well-known exchanges, including Bittrex, KuCoin, and Huobi Global. You may acquire Crypto.com currency (CRO) for simple comparison, indicating signals and demonstrating calculations with an overview of the Crypto.com chain of exchanges, including Binance and Huobi Global.
While Cronos coin price predictions can give you an idea of where the market may be heading, it’s important to remember that they’re only predictions. They shouldn’t be taken as gospel. However, when combined with a sound understanding of the market and how it works, they can be useful tools in making wise investment decisions.
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