Crypto.com Chain Price Analysis: Crypto.com Chain SkyRockets 26% In a Day

Crypto market bleeding red with only a few exceptions, meanwhile, bitcoin manages to stay above $5,000. A few altcoins have seen some significant gains, one among them is Crypto.com Chain.

At the time of writing, according to CoinMarketCap, Crypto.com Chain (CRO), the well-known native blockchain solution increasing crypto adoption globally, has jumped by over 26% in the last 24 hours. It is trading at $0.081978, with a market cap of $366,409,947 USD and a 24hr trading volume of $3,435,817 USD.

Crypto.com Donation To Binance

CRO last traded at HitBTC exchange. It had a high of $0.0687169184 and low of $0.052899457. Recently, Crypto.com donated a whopping sum to Binance Charity Foundation. It seems that this charity imposed a huge impact of charity, as the coin witnessed a major spike shortly after the project.

Data tapped from CoinCodex reflects the digital asset that has spiked by 68.38% in seven days and 280.58% within a month. CRO is being traded the most on Bittrex, UPbit, HitBTC.

CEO of Binance, Changpeng Zhao, tried to link the sudden rise to the donation by Crypto.com to Binance Charity Foundation earlier. He stated, attesting to the pushback witnessed in the crypto market, that Crypto.com Chain (CRO) stands out among the other crypto assets.

CZ  said:

Not sure if related, but Crypto.com coin (CRO) is up 28% today while most of the market is down. Maybe people are enlightened by your hard work, generosity, and noble purpose.

On the other hand, CRO announced a partnership with AllNodes to offer its hosting service for the Crypto.com Chain Council Nodes. Owning and operating a Council Node provides CRO token holders the ability to earn 12% awards per annum.

Crypto.com aims to accelerate the world’s transition to crypto. The Crypto.com team main objective is to add cryptocurrency in every wallet with a strong focus on real-life use cases.

What is your opinion on Crypto.com Chain skyrocketing to such greater value? Share your thoughts on our Twitter and Facebook pages.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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