The year 2021 had turned out to be a gamechanger for most of the groundbreaking altcoin projects. Interestingly, Cronos ecosystem past performance had exhibited rapid volatility throughout the year. Turned out to be one of the innovative projects to look out for in the long term.
The key goal of the platform is focused on facilitating utility to the traders of Cronos’s financial services, trading and payment solutions. In addition, the platform further offers a wide range of several markets across the globe. With numerous cryptocurrencies, Fiats, perpetual, and futures shaping it as the best investment option.
Are you considering CRO for your investment portfolio, but doubtful of its future prospects? Look no further, as this writeup will illustrate the feasible price predictions for 2022 and the years to come.
|Circulating Supply||25.26B CRO|
|All-Time High||$0.2710 (February 22, 2021)|
|All-Time Low||$0.01149 (December 17, 2018)|
*The statistics are from press time.
CRO Coin Price Prediction
CRO Price Prediction For November 2022
As trading volume tends to fall infinitely bears have the complete hold over the charts, the market cap has reduced significantly. Experts suggest another fall is yet to come. This suggests that this year may be the year for good investments. The crypto market is highly volatile at this point in time and is said to be a risky to invest. The next 48 hours for Cro coins is uncertain as huge whale transactions are taking place on this platform.
If the makers drop the beta qualifier and manage to roll out upgrades such as Relayer incentives, more connectivity, wallets, dApps, and gaming. Cronos could eventually find things turning out in its favour. As a result, the price could surge as high as $0.1529.
However, negative criticism or a possible crash, could slash the price down to $0.1093. Considering the bullish and bearish targets, the average price trend could settle at $0.1293.
Cronos Coin Price Prediction For December 2022
The optimism of the fourth quarter, alongside the timely rollout of protocol governance, interchain accounts, and EVM packets over IBC could push the CRO price. If the bulls take over the market by the end of the year then the price of Cronos could go as high as to $0.0803.
On the contrary, if the network fails to adhere to its expectations, the price could find support at $0.0618. Collectively, a balance in buying and selling pressures could land the price at $0.0710.
CRO Price Forecast For 2023
CRO price is occupied in community initiatives, with more attention towards education, outreach, and inventions that may uplift the price to $0.0963. If inflation or any other regulatory fears threaten the price action, then the asset would plummet to the bottom of $0.0741. Successively, constrained by a linear outlook, the average value could be at $0.0852.
Cronos Price Forecast For 2024
If the makers behind Cronos continue to roll out developmental and community building initiatives. The CRO price could propel to its potential high of $0.1204.
Contrarily, failing to up keep its stance and vision, could result in negative criticism and a fall to $0.0927. Consequently, the regular price could find its base at $0.1065.
Cronos (CRO) Price Prediction For 2025
Cronos might achieve greater milestones by the end of 2025. It might be ranked among the top 15 currencies if it consistently looks upon certain enhancements of its platform. And focuses on offering transparency for its applications. That said, CRO could hit a maximum of $0.1205, by the end of 2025.
However, stiffer competition and ebbing stance could drop the price to $0.1385. Collectively, the lack of proactive moves could conclude the year at $0.1565.
What Does The Market Say?
What Is Cronos (CRO)?
Cronos is a decentralized and open-source blockchain developed by 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 is the native token and one of the products of the Chain. Which intends to build the the network of projects and help the emerging merchant’s to accept cryptocurrencies as a form of payments. Cronos plans to expand its platform’s reach to other platforms as well and therefore impact the CRO price positively.
The team behind the network had made announcements on the 18th of February 2022. That Crypto.com will be rebranded to “Cronos”. Which reflects the decentralized nature of the ecosystem. According to the announcements, the ecosystem represents the next major phase in adoption and utilization of Web 3.0 by millions of users.
Cronos is a decentralised and open-source blockchain, which was developed by Crypto.com, which is a financial services and trading organization. The platform offers a host of services such as exchanges, brokerages, debit cards, Defi, lend/borrow, etc. The Cronos chain is a product of Crypto.com’s fleet, which is designed to empower the mass adoption of cryptocurrencies.
The CRO blockchain caters to the primary purpose of supplementing Crypto.com’s mobile payments app. CRO is the native token and one of the products of the Chain, which intends to build a network of projects. And helps emerging merchants accept cryptocurrencies as a form of payment. The network is built on proof of authority(POA).
Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao founded Crypto.com in June 2018 as ‘Monaco Technologies’. CRO currently can be traded on popular platforms like Huobi Global, Okex, HBTC, etc.
Chief founder Kris Marszalek carried an experience in working with three reputed tech firms before he got an idea to launch Crypto.com. He had worked with Staline Polska, consumer electronics design and manufacturing business, and BEECRAZY, a well-known e-commerce firm.
On the other hand, Rafael Melo who completed his graduation from the PUC-Rio, accumulated 15-years of work experience in finance. He has worked with reputed firms in Asia and achieved to secure more than 50 million AUD in funding for Ensogo.
Gary had completed his graduation in Computer science from the University of Hong Kong. He accumulated knowledge of full-stack website development for nine long years. He was an architect at Ensogo and also co-founded the mobile application development firm Foris.
CoinPedia’s CRO Price Prediction
Cronos might emerge as a tough competitor for other coins as it offers functionalities like trading, financial services, and payments. According to Coinpedia’s formulated CRO’s price prediction. The altcoin 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 2022, the CRO price is expected to reach its potential high of $0.0803. On the contrary, bearish trends could drag the price down to $0.0618. This brings the average trading price of this crypto at $0.0710.
CRO Historical Price Action
The digital coin made its existence in the world of crypto on the 15th of December, with a trading value of $0.019. Within a few days, the coin rose significantly to $0.035, but declined back to $0.019 by the end of the year.
The year 2019, was commenced on a bearish note, with an exchange value of $0.02. CRO’s price moved on an upward trajectory to $0.098 by the mid of March. But plunged to $0.044 during the dawn of April.
Surprisingly, the digital token hit the $0.11 mark by mid-July. As it got listed on major exchange platforms. Following the attack of the bears, the price slumped down to its year-end target of $0.033.
Cronos opened the year 2020, with a trading price of $0.033. The price grew steadily toward $0.065 by mid-February, but sank to its support at $0.032 by mid-March. Later by early September, the token elicited an upward trek to $0.17
The launch of “Stake-to-Take” feature was followed by a plunge to $0.06 by November-end. CRO’s price further declined to $0.05 by the annual trade closure.
CRO had a healthy start to 2021, the altcoin’s price surged by over 250% to claim a new ATH of $0.27 by mid–April. The chinese market crisis called for a dump, which took the price to $0.09 by late June.
Cronos had an impeccable rally in Q4, as it touched newer skies toward its highest price of $0.9698. However, the bears dragged the price to $0.5408 by the end of 2021.
Cronos had commenced the year 2022 with a trading value of $0.567. CRO price sliced through its 20 D MA, whilst generating consecutive lower lows. As the crypto asset faced a heavy rejection at $0.5889, the bears haunted the rally, dragging another 20%. Which led to the price finding support at $0.4469, by the 19th of January.
The market-wide crash took CRO price to its multi-month low of $0.326, by the 22nd of January.
CRO’s price managed to climb back to $0.526, by the 11th of February. But turmoil in the industry resulting from war between Russia and Ukraine. And soaring inflation numbers, dragged the price to $0.375, by the 25th of February.
Uncertainty in the business led to the lack of volumes. This resulted in the price setting back to $0.38 levels, after a fake leg-up. An upswing starting from the 16th of March, led to the quarter’s trade closure at $0.4688. The fourth quarter was trajic for Cronos just like majority of the digital assets in the business. The CRO price lost close to 78% gains since the beginning of the second quarter.
No, CRO cannot be mined.
CRO mainly focuses on providing services to the users of Cronos payment trading and financial services solutions.
Yes, CRO processes instant transactions at a lower cost.
Yes, CRO is an open-source protocol.
Considering the previous price movements and the upcoming upgrades, CRO price is expected to reach $0.1978 by the end of 2022.
The altcoin is expected to soar to a maximum of $0.8101 by the end of 2025.