Crob Mob is a new meme token project in the crypto space. The crab-themed token is based on the Cronos blockchain, which is native to Crypto.com. Big Don Crob, the token’s mascot is depicted as the crab-version of Don Corleone.
The name of the project is probably inspired by ‘crop mob’, which is a group of volunteers who come together to do agricultural tasks, giving enough room for the wordplay that is common in the crypto space.
This article will give you a brief overview of the Crob Mob token and its notable characteristics. I will touch on the economics of the token, its past performance, and expected future prices.
Towards the end of the article, you can also find the details of where and how you can buy $CROB, should you be interested.
Crob Mob (CROB) Tokenomics
Crob coin has a total of 1 billion tokens in supply, which is also the maximum supply limit. The token’s reported circulating supply is 800 million CROB, making up exactly 80% of the total supply.
During the initial distribution, 40% of the tokens were allocated for pre-sale, another 40% was allocated for liquidity provision, and the remaining 20% was reserved for Marketing.
Crob Mob (CROB) Past Performance
After its presale was concluded on April 2, CROB debuted on exchanges at around $0.05 just yesterday. After a brief period of excitement, the token is now trading slightly below its launch price.
While I am penning this article, Crob coin is trading for $0.04445, which is 14% down from yesterday’s prices.
The token’s market capitalization now stands at $35.82 million. At $11.52 million, the 24-hour trading volume is up 50%.
Crob Mob (CROB) Price Prediction
As I have mentioned before, CROB was listed on exchanges just yesterday. We do not have enough historical data to make reasonable estimates of the token’s future prices. However, considering the prevailing market sentiment and the most anticipated Bitcoin halving event around the corner, $CROB is expected to gain value in the upcoming months.
Where to Buy Crob Mob (CROB)?
The first place you should go to buy is the Crypto.com exchange itself. You can also find good liquidity for the token at VVS Finance, XT.COM, and CRODEX.
How to Buy Crob Mob (CROB)?
This is how you can buy $CROB from Crypto.com.
- If you don’t already have an account, first sign up for a free account on Crypto.com.
- Now, verify your identity by producing the necessary documents.
- Then, link your credit card, debit card, or bank account and deposit funds in the form of a fiat currency like the US dollar.
- In the trading section, search $CROB and select it from the list of available currencies.
- Enter the number of $CROB you want to buy, verify the details, and hit ‘confirm’.
Conclusion
People must have started 2024, thinking that the crypto space has matured enough to discard the meme tokens. However, meme tokens have once again played out the magic by outperforming the broader crypto market, which itself is in the bullish phase.
Though Crob Mob is too new to form an opinion of, our analysts think that the token has good upside potential in the current market environment.
With that being said, it is important to note that investing in crypto is not for everyone. The reader is advised to make a concrete outline of their financial goals and align their investment strategy with the same.
Crypto assets, including cryptocurrencies, are considered by most financial advisors as a high-risk investment. Due to their still-novel status and insufficient regulatory framework, crypto assets continue to be highly volatile and highly susceptible to changes in market sentiment.
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