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CRO is the native token of the Crypto.com Chain. The main intention behind creating the chain is to build the cryptocurrency network projects and emerging the merchants eligibility to accept cryptocurrencies as a form of payments.
Do you Know? CRO owners can act as a validator and earn fees for processing the transactions on the network.
In this article, we will discuss thoroughly the CRO price predictions for 2021 and beyond. You will have a fair impression at the end whether the Crypto.com Coin is a good investment.
Table of contents
|All Time High||$0.2710 (February 22, 2021)|
|All Time Low||$0.01149 (December 17. 2018)|
What is Crypto.com Coin (CRO)?
Crypto.com Coin is a decentralized and open-source blockchain developed by Crypto.com a financial services and trading organization. It is a platform offering various services such as exchanges, brokerages, debit cards, DeFi, lend/borrow, and many more. CRO holders can enjoy the benefits like discounted fees, higher earnings for lending, and other services.
Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao are the founders of Crypto.com.
CRO Technical Analysis
Crypto.com Coin made an existence in the crypto world on 15 December 2018 with a trading value of $0.019 according to Coinmarketcap. Within a few days, the coin significantly rose to $0.035 and further declined to $0.019 at the end of December to close the year 2018.
On a bearish note, CRO entered the year 2019 at an exchange value of $0.020. Later the price efficiently incited an upward trajectory and the token surged to $0.098 by mid March and plunged to $0.044 during the dawn of April. The currency again retested at $0.096 within a few days and continued to variate after.
Surprisingly, the coin hit $0.11 by mid July as the currency got listed on many exchange platforms and later sank to $0.05. Further with the bearish attack, the token started to decline and arrived at $0.033 by December to end the year 2019.
CRO opened the year 2020 with a trading price of $0.033. Later the price steadily started to grow and reached $0.065 by mid February and continued to decline further. With certain variations, the currency shockingly sank to a support level at $0.032 by mid March.
Later the token elicited an upward trajectory and effectively surged to $0.17 by early September as the community successfully launched a feature called Stake-to-Take and dramatically plunged to $0.06 by the end of November due to the market rush. Crypto.com Coin further declined to $0.05 by December to conclude the year 2020.
CRO Price Prediction 2021
Crypto.com Coin commenced the year 2021 with an effect of bearish divergence at a trading price of $0.058. Later the price effectively started to accumulate and the coin surprisingly hit $0.27. Further the price is assumed to escalate if the community concentrates on certain events and partnerships and could get listed on many exchange platforms. By the end of 2021, the CRO might trade at a high price of $1.5.
CRO Price Prediction 2022
The digital currency might instigate the year 2022 with an exchange value of $1.6. The token could rise further, if it focuses on launching more products on its platforms such as derivatives, exporting transaction history, and many more. CRO might conclude the year 2022 with a trading price of $3.2.
5 Years CRO Price Prediction
CRO might achieve a new milestone in the next 5 years. It might be ranked among the top 10 currencies if it consistently looks up on certain enhancements of its platform and focuses on offering transparency for its applications. It might compete with many other altcoins and attain more investors and users. By the end of 5 years, CRO is assumed to hit as high as $10.
CRO Market Prediction
According to WalletInvestor, CRO is a good long term investment and could reach $0.225 at the end of 2021 and $0.4092 by 2025.
As per the predictions of DigitalCoinPrice, CRO would trade at an average price of $0.22654380 at the 2021 end and anticipated to be exchanged at $0.27045160 by the end of 2025.
According to TradingBeasts, at the end of 2021, CRO could trade at a maximum price of $0.2150483 and $0.2933562 by the end of 2024.
Our CRO Price Prediction
On a bearish note, CRO established the year 2021 with an amount of $0.058. Further the price accumulated to $0.27 to hit an all time high on 22 February. Crypto.com Coin might be a competitor for other coins as it offers the functionalities like trading, financial services and payments. CRO’s price might intensify as it aims to accelerate the global adoption of cryptocurrencies. The community might focus on certain collaborations to enrich its platform. By the end of 2021 the highest CRO’s price is assumed to be $1.8.
No, CRO cannot be mined.
Crypto.com Coin mainly focuses on providing services to the users of Crypto.com’s payment trading and financial services solutions.
Yes, CRO processes instant transactions with lower cost.
Yes, CRO is an open source protocol.