While the whole crypto market is bleeding red, there is only one coin showing maximum growth among the top 20 crypt market. Crypto.com Chain is leading with more than 18% growth, whereas EOS is the biggest losser with more than 20% loss.
According to Coinmarketcap data, the CRO coin holding 20th position is currently trading at $0.102020. In terms of CRO/BTC and CRO/ETH, there is 35.14% and 37.18% growth trading at 0.00000872 BTC and 0.00037236 ETH.
The CRO coin is currently holding market cap value of$797,875,462 with $10,514,645 USD 24hr- volume and 7,881,278,539 CRO circulating supply.
CRO is a token with an objective to boost the Crypto.com (MCO) ecosystem and the CRO price surges when crypto-spending cards are becoming attractive again.
The main reason behind the rise of CRO price is the upcoming voting for the “Huobi Fast Track” trading program. CRO competes with Egretia (EGT) in the July 10 vote. Both projects will be listed on Huobi, but the order of listing will depend on the voting results.
The spike in prices indicates the influence of the most active Asian exchanges in boosting interest for the smaller digital assets. OKEx and CoinTiger are also highly important markets for CRO, but trading on Huobi may add to the liquidity.
Another reason behind the spike is the gradual unrolling of the crypto-powered cards with a dual-asset structure.
Additionally, US-based users can get their cards within a few days. The dual-asset structure helps to limit the danger of seeing a digital token as an unregistered security. Crypto.com also offers app-based payments.