CRO Price Prediction 2022-2031: Is Cronos a Good Investment?

CRO Price Prediction 2022-2031

The rapid growth of the cryptocurrency ecosystem has continued to make global headlines while also gaining the attention and approval of governments and financial regulators. Several innovative projects have emerged within this period, and several digital assets have amassed significant popularity among market elements and other stakeholders. Crypto.com (CRO) is one such project making waves.

Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand the Los Angeles-based venue. Crypto.com released an artist’s rendering of some of the changes it planned to implement at the iconic arena in a reported “multimillion-dollar campaign” before many major sports teams begin playing later in 2022. Some of the renovations included new jumbo screens, concession stands, and a terrace overlooking the downtown Los Angeles area.

Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation. Three months after going live, user adoption has surpassed expectations, with more than 350,000 unique wallet addresses performing transactions on Cronos

To help you better understand the Crypto.com network, we will examine its offerings, use cases, past and present performance, ongoing developments, CRO price prediction from 2022 to 2025, and what the future could look like. Some of the questions that market players, both new and old, are inclined to have will be addressed as well.

Today’s Cronos price is $0.104928 with a 24-hour trading volume of $21,800,400. Cronos is down 1.06% in the last 24 hours. The current CoinMarketCap ranking is #26, with a live market cap of $2,650,795,340. It has a circulating supply of 25,263,013,692 CRO coins and a max. supply of 30,263,013,692 CRO coins.

What is Crypto.com (CRO)?

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Crypto.com is a digital currency exchange built on a native chain solution and was founded in 2016. The platform was designed to support a wide range of crypto-related projects and offer open market participants easily accessible technical solutions for investing, staking, and holding. Trading of crypto-assets.Crypto.com is an all-inclusive exchange with an extensive list of cryptocurrencies, NFT offerings, wallet services, and fiat trading features. 

The native blockchain of this platform is Crypto.com Chain, which facilitates the seamless, secure, and cost-effective flow of transactions between users on the network. Crypto.com Chain is one of the products in Crypto.com’s line-up of solutions developed to accelerate the global adoption of cryptocurrencies. The CRO blockchain serves as a vehicle that drives the Crypto.com ecosystem. CRO is the native token of the Crypto.com blockchain, and it can be utilized as an intermediary currency or network fees when converting crypto to fiat (USD, EUR, etc.).

Crypto.com Founders

Rafael Melo, CFO, and co-Founder, has 15 years of experience in finance, and a deep understanding of risk, compliance, and the Mobile Payments ecosystem in Asia. He has led fundraising efforts as CFO at ASX-listed Ensogo, securing strategic investment from VIPSHOP (NYSE:VIPS) and raising over A$50m from blue-chip institutions like Fidelity and Goldman Sachs, and BlackRock.

Bobby Bao, a co-founder and managing director (formerly known as Monaco), is also as a member of the Forbes Asia 30 Under 30 List in the Finance & Venture Capital category. As one of the key players influencing the future of money in Asia, Bao has played a critical role in directing Crypto.com’s corporate strategy and leading fundraising.

Crypto.com is operated by Foris DAX Asia, a Singapore-based company that’s a subsidiary of Foris DAX MT (Malta) Limited. With such an esteemed lineup, one can regard CRO tokens as a good investment despite the bearish momentum of the current market. With investor confidence, there’s a high possibility that Crypto.com projects can enter its next major phase.

Use Cases and Features of Crypto.com

The primary aim of the Crypto.com project is to introduce open-source blockchain solutions into the crypto ecosystem to popularize the acceptability of digital coins as a means of payment – as is the case with fiat currencies. Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation.

Crypto.com offers businesses an Invoice/Pay Checkout feature to enable customers to initiate checkouts and complete payments for goods and services using crypto via its wallet infrastructure. Charges on Crypto.com can be fulfilled using CRO (Crypto.com Coin), fiat currency, or stable coins (USDT, etc.). Users on the Crypto.com exchange can swap CRO on DeFi Swap, stake it, or become liquidity providers.

The platform offers users a wide range of services, such as a payment system, VISA-powered cards, fiat-to-crypto trading, staking, De-Fi services, crypto loans, withdrawals, and deposits. Crypto.com also provides its customer base with the opportunity to earn through the in-app “missions” section, where you can explore the mobile app’s features and earn rewards in return.

CRO Past Price Analysis

According to the earliest price data obtained from Coinmarketcap, CRO kicked off with a market price of $0.01977 on December 14, 2018. The price quickly rose to $0.03729, and in the following months, CRO traded within a range of $0.012 – $0.024. By March 12, 2019, CRO hit $0.07344 and continued to trend upwards over the next few days reaching above the $0.1 mark on March 15. CRO lost momentum towards the end of 2019 and ended the year at $0.03358.

In 2020, CRO was stable in the first few months, with minimal price spikes. By the second half of 2020, CRO exceeded its highest market price of 2019 and crossed the $0.20 mark by August 21, 2020. CRO closed the year on a low and dropped to about $0.06.

2021 proved to be a good year for major cryptocurrencies such as BTC and ETH, as both touched new all-time highs. CRO was not left behind; it rode with the bullish crypto momentum by surpassing its highest point in 2020 and attaining its current ATH of $0.9698 on November 24. The upward surge in price experienced by the coin, especially in November, can be attributed to its listing on Coinbase Pro and Bitrue. 

At the start of 2022, CRO began with an opening price of $0.5575. The coin has lost about 24.67% of its value and is currently trading at $0.4409.

CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 1CRO market price – Coinmarketcap

While Crypto.com Coin might not be the most popular altcoin on the crypto market, the CRO token has done quite well over the past year. 

However, on January 17, 2022, there were multiple reports about a possible security breach on the Crypto.com ecosystem. The platform acted accordingly by temporarily suspending withdrawals pending investigation. Kris Marszalek, its CEO,  tweeted that the exchange has beefed up its security architecture and assured users that “all funds are safe.”

CRO Past Price Analysis

According to the earliest price data obtained from Coinmarketcap, CRO kicked off with a market price of $0.01977 on December 14, 2018. The price quickly rose to $0.03729, and in the following months, CRO traded within a range of $0.012 – $0.024. By March 12, 2019, CRO hit $0.07344 and continued to trend upwards over the next few days reaching above the $0.1 mark on March 15. CRO lost momentum towards the end of 2019 and ended the year at $0.03358.

In 2020, CRO was stable, with minimal price spikes in the first few months. By the second half of 2020, CRO exceeded its highest market price of 2019 and crossed the $0.20 mark by August 21, 2020. CRO closed the year on a low and dropped to about $0.06.

2021 proved to be a good year for major cryptocurrencies such as BTC and ETH, as both touched new all-time highs. CRO was not left behind; it rode with the bullish crypto momentum by surpassing its highest point in 2020 and attaining its current ATH of $0.9698 on November 24. The upward surge in price experienced by the coin, especially in November, can be attributed to its listing on Coinbase Pro and Bitrue. 

At the start of 2022, CRO began with an opening price of $0.5575. The coin has lost about 24.67% of its value and is currently trading at $0.4409.

While Crypto.com Coin might not be the most popular altcoin on the crypto market, the CRO token has done quite well over the past year. 

However, on January 17, 2022, there were multiple reports about a possible security breach on the Crypto.com ecosystem. The platform acted accordingly by temporarily suspending withdrawals pending investigation. Kris Marszalek, its CEO,  tweeted that the exchange has beefed up its security architecture and assured users that “all funds are safe.” 

Crypto.com New Developments

How Cronos gained $1 billion+ TVL in a month

Crypto.com signs NFT MoU with Fantagio

In Korea, on August 9 Crypto.com, the fastest-growing cryptocurrency platform, signed an MoU with Fantagio for NFTs. This alliance will promote NFT entertainment ventures.

As their first collaboration, the companies will offer a song NFT honoring ‘Meta Miu’ ‘Meta Miu’ is a project co-developed by Fantagio and Web3 entertainment platform Fellaz. Meta Miu will be handled as a participant-centered fandom community using the Fellaz platform, and NFT-subscribed members will have access to exclusive content.

Miu’s debut single ‘Uptown Boy’ will be released on Crypto.com on August 11. Only one NFT type will include the complete song. Holders of the whole song version NFT or all independent sections of the full song NFT will receive a Fellaz “light stick,” a subscription to their site, and access to special content.

Crypto.com secures registration in South Korea 

With over 50 million users worldwide, Crypto.com is actively growing and expanding its ecosystem. Today’s announcement comes after Crypto.com received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License, provisional approval for its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority, registration in Italy from the Organismo Agenti e Mediatori (OAM), registration in Greece from the Hellenic Capital Market Commission, and registration in Cyprus from the Securities and Exchange Commission.

Crypto.com appoints General Manager in Singapore branch

Ang has extensive strategic business development experience in technology and a good understanding of the Singapore market. Crypto.com gained MAS clearance for their Major Payment Institution License in June 2022.

Ang was head of Digital Industry Singapore (DISG), a joint office of EDB, EnterpriseSG, and Infocomm Media Development Authority (IMDA). DISG aims to anchor global technology giants, cultivate local champions, and nurture future-ready talent in Singapore. Ang formerly worked for EDB, driving strategy and policy in foreign markets.

“Singapore is a bustling centre for finance and Web3 innovation, and I’m excited to join a company at the forefront,” stated Crypto.com‘s Singapore General Manager Chin Tah Ang. Crypto.com will continue to work with public and private sector partners to address crucial concerns, support ethical digital asset innovation, and build Web3 in Singapore.

Kris Marszalek, Co-Founder and CEO of Crypto.com, stated Chin Tah has a comprehensive awareness of local market dynamics, the competitive landscape, regulatory problems, and technology advancements. “Chin Tah’s leadership and skills will steer us in a vital market for our business and industry.”

Cronos Social Media Notes

The Crypto.com exchange’s utility token is called Cronos (CRO). The Cronos token has increased by about 10% since last week, which is notable given how many other tokens have decreased within the same time period. Additionally, it has seen a significant rise in social activity, with several mentions and engagements. The Cronos Chain Ambassador Program is probably to blame for the spike in pricing and social engagement (CROnauts). The Cronos community may aid in the project’s promotion and general growth by taking part in the program. The price of the coin is $0.11.

The Cronos Chain native coin, CRO, has experienced rapid growth over the past week. The alt ranked as the #26 biggest coin, according to statistics from the cryptocurrency social analytics company LunarCrush.

In the previous seven days, CRO also experienced a rally in its social activities. Furthermore, as of September 23, the number of mentions on social media increased by 40% to 37,000. Additionally, within the same time period, CROs’ social interactions increased by 14% and reached a value of 61.6 million.

This increase in social engagement for the alternative, according to LunarCrush, caused its price to increase by 13% as of September 28.

CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 2

CRO Technical Analysis

Cronos price analysis indicates that the digital currency has undergone a bullish cycle over the last month, moving from a low of $0.104 to a monthly high of $0.1245.Cronos CRO price is currently above the 50-day SMA, and this indicator has been signaling SELL for the last 194 days since Apr 11, 2022.

The recent breakout above the  $0.1061 resistance level has allowed for further upside in the near term. The next key resistance levels to watch out for are $0.120 and $0.1350.On the downside, the main support levels are located at $0.100, $0.09500, and $0.0900.

The moving average indicator (MA) is at the $6.35 level, and the exponential moving average (EMA) is at the $6.37 level. The Relative Strength Index (RSI) indicator is currently at the 46.13 level, which indicates that the market conditions are bearish and prices may continue to decline in the near term.

CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 3

Notably, on October 15, the asset registered a minor bounce that appeared to validate the bottom of the range and potentially act as a trigger for an upward movement, with the token forming a support level at $0.098, as highlighted by the monthly candle chart. However, despite the recent short-term gains, CRO’s value has plunged by about 2.25 in the last 7 days.

The MACD is a momentum indicator that shows the relationship between two moving averages of a stock’s price. The MACD for CRO is currently in the bearish zone as the 12-day EMA (exponential moving average) is below the 26-day EMA. 

Overall, the technical indicators point to a short-term bearish trend. Moreover, investors should be cautious as the MACD is close to giving a bullish signal.

Based on our analysis, CRO coin is likely to consolidate in the short term and start to rise in the long term. If the current trend prevails, we could see CROs price reach $0.15 in the short term and later rise to $0.2 over the long term.

CRO Price Predictions by Cryptopolitan

CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 4
CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 5

CRO Price Prediction 2022

Our Cronos price prediction for 2022 suggests the price to reach a maximum price of $0.49 and a minimum price of $0.45. The average token price is predicted to be $0.46 by the end of 2022.

CRO Price Prediction 2023

Our Cronos price prediction suggests that the cryptocurrency is expected to reach the lowest possible level of $0.64 in 2023. As per our findings, the CRO price could reach the maximum possible level of $0.79 with an average forecast price of $0.66.

CRO Price Prediction 2024

Our Cronos price prediction for 2024 suggests the price of Cronos is expected to reach a maximum price of $1.13. The CRO price can reach a minimum price of $0.93 with an average value of $0.96.

CRO Price Prediction 2025

Our Cronos price forecast for 2025 suggests that the price of Cronos might reach a minimum value of $1.35. The Cronos price can reach a maximum value of $1.65 with an average trading value of $1.39.

CRO Price Prediction 2026

Our Cronos price prediction for 2026 is a maximum price of $2.33 and an average value of $1.90.Cronos is anticipated to reach a minimum price of $1.85.

CRO Price Prediction 2027

Our Cronos price prediction for 2026 is a maximum of $3.20. The minimum price the coin will have by the end of 2026 will be $2.70, while its average trading price is expected to be $2.79.

CRO Price Prediction 2028

Our Cronos coin price prediction for 2028 expects Cronos to reach a minimum level of $4.00 in 2028. The CRO price can reach a maximum price of $4.65, with an average price of $4.14 throughout 2028.

CRO Price Prediction 2029

According to our CRO coin price prediction for 2029, the price of Cronos is predicted to reach a minimum level of $6.67. The CRO price might attain maximum price of $6.73 with an average price of $5.84.

CRO Price Prediction 2030

Our Cronos crypto price prediction for 2030 is Cronos to continue with the uptrend and attain a maximum price of $10.04. Our CRO price forecast also suggests a minimum price of $8.25 and an average price of $8.49.

CRO Price Prediction 2031

According to our CRO price prediction for 2031, CRO could potentially surge to a maximum price of $14.11.The minimum price forecast is $11.55, while the average price that could be attained is $11.98.

CRO Price Prediction by DigitalCoinPrice

According to DigitalCoinPrice’s CRO/USD prediction, the average price in 2022 could be $0.11,  $0.17 in 2023, and $0.23 in 2024. Its Cronos price forecast for 2025 suggests that the price could rise to $0.36 in 2027. The site predicts Cronos will attain a maximum price of $14.11 by the end of 2031.

CRO Price Prediction by Wallet Investor

According to Wallet Investor’s CRO price forecast, they expect Cronos to reach a maximum trading price of $0.1193 by the end of 2022. Their price forecast for CRO indicates long-term growth; by 2026, the price is projected to be roughly $3.43. The projected income after a 5-year investment is roughly +732.2%.

CRO Price Prediction by PricePrediction.net

PricePrediction.net has given a bullish outlook on Cronos’ future prices, as the website has given a maximum price forecast of $0.49 for 2022. The website predicts Cronos prices will continue with the uptrend, and by 2027 CRO’s price might be $3.20.Price Prediction net has also predicted Cronos might attain an average price of $8.49 and a maximum price of $10.04 by the end of 2030.

Conclusion

The Crypto.com platform and CRO tokens are in high demand due to the wide range of modern financial services, including those based on the principles of DeFi. Besides being just a convenient tool for storing and using cryptocurrency, it also provides many options for additional income. The project expanded the sphere of influence not so long ago, adding margin and OTC trading. The long-term price will increase, according to the CRO price estimate. However, forecasting websites occasionally make erroneous forecasts.

The greatest option for purchasing CRO would be to use an internal exchange like Crypto.com. This website is quite unstable. Additionally, it is available on a number of well-known exchanges, including Bittrex, KuCoin, and Huobi Global. You may acquire Crypto.com currency (CRO) for simple comparison, indicating signals and demonstrating calculations with an overview of the Crypto.com chain of exchanges, including Binance and Huobi Global.

According to our Crypto.com coin price forecast, the currency has a bright future. However, it is always recommended to do your own research and seek professional investment before investing in anything. Remember never to invest more money than you can afford to lose.

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