Cronos cryptocurrency (CRO) is a coin platform that is an EVM-enabled sidechain operating in parallel with the Crypto.org cryptocurrency exchange network. In terms of marketing, the platform is positioning itself as a network for DeFi, NFT applications, and meta-villages. The coin retains potential and therefore many investors are wondering: is it worth investing in it before Ethereum resolves its scalability issues?
In this article, we have compiled long-run crypto price predictions for the next 5-10 years ahead, prepared by leading analyst services.
Cronos (CRO) Price Analysis
Cronos real-time price of December 21, 2022, is $0.056890 with 24 hours trading capacity of $14,402,314 USD. CoinMarketCap rating is #28, with a real market cap of $1,437,200,646 USD. The circulating supply is 25,263,013,692 CRO coins and the topmost supply is 30,263,013,692 CRO coins.
|Cronos Price as of December 21, 2022,||$0.05641|
|Price Change 24h||+1,05%|
|Price Change 7 days||-9,73% from its 7-day all-time high of $0,0637, and 4,36% from its 7-day all-time low of $0,05509|
|Cronos Market Cap||$1,425,188,654|
|Circulating Supply||25,263,013,692 CRO|
|Trading Volume 24 H||$13,396,738|
|All time high||$0.965407, recorded on Nov 24, 2021.|
|All-time low||$0.0121196, recorded on Feb 8, 2019.|
Cronos (CRO) Price Prediction for 2023
Due to Changelly`s Cronos price prediction 2023, the supreme rate is anticipated to get to $0.719928 with the lowest of the low closing rate being about $0.59994. CoinsKid foresees that the token will close up in a year $0.0562. Wallet Investor`s bearish CRO Cronos price prediction expects that the asset rate could fall to a mere $0.0127 by the beginning of 2024. DigitalCoinPrice demonstrates in its Cronos coin price prediction that CRO might remain close to $0.13 the year in question.
Cronos (CRO) Price Prediction for 2024
Changelly`s Cronos CRO price prediction shows that СRO is likely to take the hurdle of $1.05
CoinsKid`s CRO coin price prediction states that the token is going to be reaching $0.1192 in December 2024.
DigitalCoinPrice`s Cronos token price prediction is very promising and its rate is expected to be $0.19 in 2 following years.
Cronos (CRO) Price Prediction for 2025
Following Changelly`s point of view, the token rate in 2025 will reach the maximal $1.59 during 2025.
CoinsKid with its Cronos price prediction 2025 believes that the CRO fee might approach $0.1226 in 3 years.
DigitalCoinPrice`s Cronos crypto price prediction 2025 indicates that Cronos may jump to $0.25 in 2025.
Cronos (CRO) Price Prediction for 2030
PricePrediction expects that asset fees could outstretch a sky-high point of $1.32 in 8 years. As stated by Changelly`s Cronos price prediction 2030, CRO settle at about $9.35 in 2030. Cryptopolitan`s CRO price prediction 2030 anticipates that by 2031 the cost of the crypto can get closer to $2.18.
What is Cronos (CRO)?
Crypto․com is a Hong Kong-based blockchain platform providing users with an entire ecosystem of products including payment, trading, and financial services such as a cryptocurrency exchange and decentralized trading platform (DEX), cryptocurrency storage, a credit protocol, a crypto bank, proprietary cryptocurrencies and tokens, payment solutions, a Visa crypto card, an NFT platform, a mobile app and an assortment of investment tools. The project was launched in June 2016 under the name Monaco by experienced entrepreneur Chris Marshalek. In July 2018, the company bought the domain Crypto․com and rebranded.
Cronos Coin (CRO) is the Crypto.com network’s own digital currency token. CRO emission is limited to 30 billion tokens. Cryptocurrency is not suitable for mining. CRO cryptocurrency can be stored on Crypto.com DeFi Wallet (native wallet) as well as other wallets MetaMask, Trust Wallet, and others.
The correlation of digital assets is of utmost importance when creating an investment portfolio. The definition of correlation refers to the identical price movements of completely different trading assets.
It is worth noting that correlation is measured using a coefficient, and assets can move either identically or in exactly the opposite direction, or there will be no correlation at all.
When it comes to the issue of creating a cryptocurrency-based investment portfolio, it is worth noting that all digital currencies belong to the same sphere, so the impact of industry-wide news, such as exchange problems, can collapse all cryptocurrencies simultaneously.
That’s why it’s important to balance your portfolio so that if the market is hit hard, an investor can minimize their losses. The correlation coefficient is measured from +1 to -1. +1 indicates a complete coincidence of price movements, while -1 means the complete opposite of asset movements (if one is rising, the other is falling at that moment).
Over the last 7 days, Cronos has correlated most rewardingly with ApeCoin (APE), Trust Wallet Token (TWT), Filecoin (FIL), Dash (DASH), and Enjin Coin (ENJ) and most negatively with UNUS SED LEO (LEO), BinaryX (BNX), Toncoin (TON), XinFin Network (XDC) and Alchemix USD (ALUSD).
Read also Alchemy Pay (ACH) Price Prediction
Should I invest in Cronos?
CRO is such a coin that provided its performance is going consistently well, it will succeed in the coming days as well. According to experts, the CRO coin is a good investment for the long term.
CRO has attracted a lot of attention in recent months as it has been one of the best-performing assets in the area. The following fundamental factors that could lead to a rise in the price of CRO are the following:
- Overall growth of the cryptocurrency market.
- Continued development of the Cronos platform.
- Cronos team has been very active in building a supportive community around the project, which could help raise the price of the token.
CRO has a 30,263,013,692 maximum supply, a price of $10 will give CRO a market cap of 250 Billion, which is almost 1/3 of BTC’s Market Cap. It may happen one day, who knows if cryptos grow in the next 5–10 years, but it’s very unlikely it will happen very soon. By all means, there can be a lot of fluctuations in the price of coins in these years but if you are a long-term investor and are thinking of investing in CRO for more than 10 years then 2022 is a good time.
How high can Cronos go?
Long-term forecasting of cryptocurrencies is the most thankless task because the volatility of cryptocurrencies is so pronounced that forecasts even for the next few years cannot be considered accurate. We can only guess. The crypto market is a more volatile market than the stock market. But you can trust CRO which is a fundamentally strong coin and not a meme coin like Shiba. Due to the CRO price prediction 2040 as per many reviewers, you can expect 10x returns from CRO by the end of the mentioned 2040. It is possible CRO can hit $10 within the next five years and with inflation creeping up people are looking for places to put their money to hold its value and coins like CRO will always attract attention as they market their brand and project quite well.
How to buy CRO Tokens?
Buying CRO can be done either on a cryptocurrency exchange or through an exchange service. We recommend you use Godex.io as a reliable and reputable service.
The purchased algorithm is as simple, user-friendly, transparent, and client-oriented as possible:
Step 1 – On the home page of the platform, select the cryptocurrency pairs to exchange. In the dropdown on the left field of the exchange select the currency you will sell, and in the right field respectively find CRO. By specifying the required amount of conversion, the system will automatically calculate how much CRO will be credited to your wallet.
Step 2 – Enter the address of your CRO wallet in the appropriate line under the calculator field and click the “Exchange” button. This will start the conversion process right away, creating your CRO purchase order.
Step 3 – You need to send the specified amount of coins to exchange for CRO to the deposit address generated for you by Godex, then wait for CRO coins to be credited to your wallet.
Step 4 – Godex.io protects its users from market volatility and maintains the exchange process at a fixed rate from the start to its finish.
Automatic mode allows you to make the exchange as fast and convenient as possible.
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Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.
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