Live CRO Price Summary
As of 25 فبراير 2024, the global cryptocurrency market cap is $2.47B with a -0.63% change in the last 24 hours. CRO's current price is $0.093325, with a 24-hour trading volume of $--. CRO is -0.61% in the last 24 hours, with a circulating supply of 26.55B CRO coins and a maximum supply of -- CRO coins. CRO ranks 46 by market cap. It has a 24H high of $0.095034 recorded on 25 فبراير 2024, and its 24H low so far is $0.092917, recorded on 25 فبراير 2024.
What Is the Highest Price of CRO?
CRO has an all-time high (ATH) of $0.965407 , recorded on 24 نوفمبر 2021.
What Is the Lowest Price of CRO?
CRO has an all-time low (ATL) of $0.0121196, recorded on 8 فبراير 2019.
About Cronos (CRO)
In a world where cryptocurrencies are rapidly gaining ground, Cronos Coin (CRO) stands out as a powerful player in the Crypto.com ecosystem. This innovative digital currency is poised to shape the future of decentralized finance, making it an intriguing investment opportunity. Let’s explore the world of Cronos Coin and its potential impact on the crypto market.
- Cronos Coin (CRO) is a native token of the Crypto.com blockchain, providing users with comprehensive services for cryptocurrency operations in the market.
- Holding and using CRO tokens offers various rewards such as discounted fees, increased returns on lending, airport lounge access and more. Investors should be aware of potential risks before investing.
- Comparing Cronos Coin (CRO) to other cryptocurrencies reveals its advantages of scalability, decentralization and lower transaction costs enabling investors to make informed decisions.
What is Cronos CRO?
Cronos Coin, or CRO, is the native token of the Cronos blockchain, an open-source, decentralized platform designed for processing payments. Launched by Rafael Melo and Bobby Bao in 2016, Crypto.com quickly gained popularity, reaching up to 17 million monthly visitors in no time. This surge can be attributed to the project’s regular updates and the high-profile “mascot” Matt Damon, who advertised Crypto.com. If you’re interested in joining this growing community, you can buy Cronos native token, also known as the CRO coin, and become a part of it. With the increasing popularity of Cronos CRO, now is a great time to invest, especially considering the current Cronos price CRO.
CRO’s role in the Crypto.com ecosystem is pivotal, operating on the CRO blockchain and functioning as a cross-asset intermediary settlement layer. Particle B, a blockchain accelerator, announced the CRO EVM Fund - a $100 million fund - to further support projects built on the Cronos ecosystem. This is likely to open up a wealth of opportunities for those involved in this sector. Cronos could potentially transform the creator economy through the use of Web3 applications such as DeFi and GameFi. These trailblazing services form the bedrock of the open metaverse.
Cronos Coin offers a comprehensive set of services for cryptocurrency operations in the market, including:
- A payment system
- Defi wallet
- Visa card
- Exchange for trading
- Decentralized financial services
- Crypto loans
With the aim of serving the next billion Web3 users, Cronos is well-positioned to help users experience the full potential of self-custody of their digital assets. Stay informed with Cronos today.
The Cronos Chain: Technology and Features
The technology behind Cronos Chain is based on the Ethereum-Virtual Machine (EVM) and powered by Ethereum. Built with the Cosmos SDK, Cronos Chain supports the Inter-Blockchain Communication (IBC) protocol, allowing users to import cryptocurrencies from Ethereum, Cosmos, and other compatible chain families, including the org chain, into Cronos. This also enables the quick porting of apps and smart contracts from Ethereum and EVM-compatible chains.
Cronos Chain employs the CRC-20 token standard, with a current price of $0.08 per CRO token, which is also referred to as the cronos price. The IBC protocol utilized by Cronos Chain enables interoperability and bridging to the Crypto.org Chain and other IBC-enabled chains like the Cosmos Hub, making Cronos a promising cryptocurrency today.
Although the consensus mechanism used by Cronos Chain is not provided in our knowledge base, its integration with Ethereum and Cosmos technologies showcases its commitment to security, decentralization, and interoperability. This feature amalgamation places Cronos Chain as a robust blockchain solution for both developers and users.
Market Performance and Analysis
With a current market capitalization of $2.47B, the Cronos Coin (CRO) has shown impressive growth. Its value stands at $0.093325, and it occupies the 46 position in the cryptocurrency space. The total amount of Cronos currently in circulation is 26.55B CRO. Its market cap stands at -- CRO.
The market sentiment towards Cronos Coin is overwhelmingly bullish, with over 93% of users expressing a positive outlook on CRO. CryptoNewsZ forecasts the price of CRO to reach $2.5 or higher in 2025, while other experts predict an average trading price of $14.70 in 2032.
Considering market sentiment is necessary when assessing prospective trading prospects of digital assets like CRO. Given its upward trend and optimistic market forecast, Cronos Coin represents a compelling investment opportunity, particularly for those seeking to benefit from the rising popularity of the Crypto.com ecosystem.
Benefits of Holding and Using CRO Tokens
Holding CRO coins comes with a host of benefits, including discounted fees, increased returns on lending, and priority services. Cardholders with CRO can also enjoy additional advantages like airport lounge access and rewards. Staking CRO entitles users to weekly rewards, premium metal Crypto.com Visa cards, extra card cashback, and better Annual Percentage Rate (APR).
However, one should remember that CRO tokens must stay staked for at least 180 days. After this period, unstaking CRO tokens will result in the automatic transfer of uncollected rewards to the user’s wallet.
How to Buy and Trade Cronos Coin (CRO)
To start trading CRO on centralized exchanges, users must comply with AML regulations, obtain a crypto trading license, and implement robust security features on their trading platform. For decentralized exchanges, users should consult the specific exchange’s guidelines and protocols to ensure they meet the requirements for trading CRO.
With numerous platforms supporting CRO trading, it’s easier than ever for users to buy and trade Cronos Coin, capitalizing on its growing prominence in the cryptocurrency market.
Price Predictions for Cronos Coin (CRO)
Price predictions for Cronos Coin are influenced by factors such as:
- Market conditions
- Macro and microeconomic factors
- Historical price movements
- BTC halving cycles
- Investor sentiment
In 2025, cryptocurrency experts anticipate a minimum and maximum price of approximately $1.03 and $1.22, respectively. By 2027, the forecasted price range for CRO is between $2.21 and $2.60.
The anticipated minimum price for CRO in 2023 is $0.10. In 2026, the minimum CRO price could decline to $1.52, while its peak could reach $1.86, with an average trading price of approximately $1.58.
These forecasts depict the potential expansion of CRO in the forthcoming years. However, investors should always carry out comprehensive analysis and factor in market sentiment when making investment choices in the cryptocurrency sector.
Risks and Considerations When Investing in CRO
Investing in Cronos Coin involves risks such as high market volatility and uncertainty surrounding the future of crypto assets. Significant price fluctuations can occur due to market volatility, which can lead to losses, particularly in the short term. Thus, investors should be aware of these risks and only invest what they can afford to lose.
Regulatory uncertainties also present risks when investing in cryptocurrencies, including CRO. Keeping up-to-date with the evolving regulatory environment and potential repercussions for CRO and other digital assets is key to risk minimization and making well-considered investment decisions.
The Future of Cronos Coin and Crypto.com Ecosystem
Cronos Coin is set to play a significant role in the expansion of the Crypto.com ecosystem, with plans to power additional Crypto.com products in the future. As a utility token, CRO is instrumental in enabling transactions within the blockchain and financial ecosystem, as well as paying fees on the platform and staking to qualify for rewards.
Crypto.com has established various partnerships with high-profile organizations such as:
- Formula 1
- Ultimate Fighting Champions (UFC)
- Paris Saint-Germain
- FIFA World Cup Qatar 2022
These collaborations demonstrate the growing influence and potential impact of Cronos Coin and the Crypto.com ecosystem on various industries.
In addition to these partnerships, the Crypto.com Arena, a stadium rebranded after Crypto.com acquired its naming rights for $700 million over 20 years, further illustrates the company’s commitment to expanding its reach and influence in the global market.
Comparing Cronos Coin (CRO) to Similar Cryptocurrencies
Cronos Coin can be compared to other cryptocurrencies like:
- Binance Coin (BNB)
- Multi-Collateral Dai (DAI)
- Wrapped Bitcoin (WBTC)
- Polygon (MATIC)
As a fully EVM and IBC compatible blockchain, Cronos Coin stands out due to its ability to provide fast payment settlements and simplify access and utility for global adoption of cryptocurrencies.
CRO’s focus on scalability and decentralization gives it an edge over similar cryptocurrencies, offering lower transaction costs and faster speeds. Moreover, much of the demand and utility of CRO come from its perks, making it an attractive option in the crypto space.
By juxtaposing Cronos Coin with other cryptocurrencies, investors can understand its distinctive features and potential market benefits better, aiding them in making judicious investment decisions.
Real-World Applications of Cronos Coin (CRO)
Cronos Coin has several practical uses, especially within the Creator Economy, such as DeFi and GameFi applications. By powering the Crypto.com exchange, CRO streamlines transactions within the blockchain and financial ecosystem, providing users with a seamless experience.
Companies like Crypto.com, with over 350,000 unique wallets connected and 120 decentralized applications, have adopted CRO for business transactions. Notably, Cronos has partnered with Ubisoft, a renowned gaming company, to onboard them as a validator.
Additionally, Cronos is collaborating with Amazon Web Services to foster the growth of Web3 startups through the Cronos Accelerator Program, amplifying its influence on the e-commerce industry. As Cronos Coin continues to expand its real-world applications, its potential impact on various industries and use cases becomes increasingly apparent.
Cronos Coin (CRO) is a powerful player in the Crypto.com ecosystem, offering numerous benefits to its users and shaping the future of decentralized finance. With a solid technological foundation, impressive market performance, and a growing list of real-world applications, CRO presents an attractive investment opportunity for those looking to capitalize on the expanding Crypto.com ecosystem. As the digital currency landscape continues to evolve, Cronos Coin is poised to play a crucial role in the revolution of blockchain technology and global cryptocurrency adoption.
Frequently Asked Questions
What is the Cronos coin?
Cronos (CRO) is a utility token developed by Crypto.com, powering the Cronos blockchain built with the Cosmos SDK. It offers EVM compatibility, low transaction fees and multichain interoperability. Previously known as Crypto.com Token, it facilitates transactions within its blockchain and financial ecosystem.
What is CRO all time high?
CRO's all-time high (ATH) is recorded as $0.965407, reached on 24 نوفمبر 2021.
What is the circulation of Cronos coin?
Cronos coin has a current market cap of $2.47B, with a circulating supply of 26.55B CRO coins and a Max. Supply of -- CRO coins.
What is CRO worth right now?
CRO is currently worth 0.093325 USD, with a 24-hour trading volume of $-- and has seen a percentage change of -0.61% in the last 24 hours.
What technology is Cronos Chain based on?
Cronos Chain is based on the Ethereum-Virtual Machine (EVM) and powered by Ethereum, providing a secure, reliable infrastructure for decentralized applications.