Cronos token or the erstwhile Crypto.com coin was launched in 2019. It is the native token of (you guessed it) Crypto.com.
The website is one of the oldest and most popular websites in the crypto space and offers a range of features including a trading platform and Visa Card.
The website is also considered an authentic source of information regarding cryptocurrencies and technology.
This article is your go-to guide to the Crypto.com project and its utility token Cronos. I will discuss the key features of the platform, the economics of its token, its past market performance, and future price forecasts.
Towards the end of the piece, you can also find the places where you can find a deep market to buy CRO and instructions about how you can do that. Let’s get started without any delay!
Cronos (CRO) Key Features
| Crypto Trading | Crypto.com allows trading with a large number of cryptocurrencies including Bitcoin and Ether at an affordable price. Further discounts are offered on payments made with Cronos. |
| Hardware Wallet | Crypto.com offers hardware wallets that are more secure than the usual custodial wallets. |
| Visa Card | The Crypto.com Visa card is your gateway to make your everyday payments with your cryptocurrencies. |
| Beginner Friendly | The services of Crypto.com are designed to be user-friendly making it accessible for people from non-tech backgrounds. |
| NFT Trading | On the website, anyone can acquire NFTs, by paying with a cryptocurrency or a fiat currency. |
Cronos (CRO) Tokenomics
CRO has a total supply of 30 billion tokens and the maximum supply is capped at 30,263,013,692. Of these, only 26,571,560,696 CROs are in circulation.
Cronos (CRO) Past Performance
CRO launched in February 2019 at a launch price of $0.019. It’s fairly safe to say that since its launch, CRO closely retraced the price movement pattern of Bitcoin. The token hit its all-time high of $0.97 in November 2021.
It was followed by a steady correction and CRO has since been trading below the $0.1 mark. However, from March 2024 onward, the token is showing signs of recovery.
While I am penning this article, CRO is trading at $0.1528, which is 2.62% up from yesterday.
The market capitalization is now past $4 billion. At $32 million, the 24-hour trading volume is also up 3%.
Cronos (CRO) Price Prediction
Technical indicators suggest that the existing market sentiment is bullish and the fear & greed Index is at 79, signaling extreme greed. Cronos stayed 16 (53%) out of the last 30 days in the green region with a modest 10.98% price volatility. Our expert team thinks that now is a good time to buy Cronos.
2024: Based on the forecasts by our technical analysts, the price of Cronos is expected to go up by 10.52% and hit $ 0.1689 by the end of the month.
2025: Going into 2025 CRO price is expected to fall between $0.1284 on the one end and $0.2480 on the other. Compared to today’s price, this will be translated into a 64.71% return for the investor who buys the token at today’s price.
2030: Fast forward to 2030, CRO price is expected to be in the range of $0.1726 and $1.6353. If we compare the latter number to today’s price, this will equate to a gain of 986.05%.
Where to Buy Cronos (CRO)?
Thanks to its popularity, you can find CRO pairs with good liquidity from numerous exchanges. You can of course buy CRO from Crypto.com itself. Here are a few other options.
How to Buy Cronos (CRO)?
Here is how you can buy CRO from OKX. The procedures are pretty much the same purchasing the token from somewhere else.
- Go straight to the OKX website and create a new account by entering your basic details and also completing the KYC.
- Fund your OKX wallet with USDT stablecoins. You can transfer USDT from another wallet or buy using a fiat currency on OKX itself.
- Go to the trading section search CRO/USDT and select the pair.
- Choose ‘limit order’ and enter the number of CRO tokens you want to buy.
- Click ‘buy’ followed by ‘confirm’. You will receive a confirmation once the transaction is complete.
- Your CRO tokens will now show up on your OKX wallet.
Conclusion
As a multi-service crypto website, Crypto.com is a platform that holds great potential for the future. Due to its smart features like cryptocurrency debit cards and intuitive, user interface, the website is attracting plenty of new crypto users. Though the market performance of the token has been a rollercoaster ride, our analysts are bullish about its future.
With all that good stuff being said, we would like to add a pint of caution to that discussion. Though investing in crypto is considered as highly lucrative, owing to the nature of markets, the activity can lead to loss of capital if done the wrong way. To prevent capital eradication, the reader is advised to refrain from leveraged investments and exotic financial instruments.
