The year 2021 has turned out to be a gamechanger for most of the groundbreaking altcoin projects. Interestingly, Crypto.com which has exhibited rapid volatility throughout the year has been one of the innovative projects to look out for in the long term.
The key goal of the platform has focused on facilitating utility to the traders of Crypto.com’s financial services, trading and payment solutions. In addition, the platform further offers a wide range view of several markets all across the globe with a numerous number of cryptocurrencies, Fiats, perpetual, and futures shaping it as the best investment option.
Amazed by the short introduction of the platform? Would like to invest in the asset and wish to know the detailed analysis of the asset? You are in the right place, this article presents you everything about Crypto.com starting from fundamentals to price prediction for short-term and long-term! Let’s dive in!
|Circulating Supply||25,263,013,692 CRO|
|All Time High||$0.2710 (February 22, 2021)|
|All Time Low||$0.01149 (December 17, 2018)|
What is Crypto.com?
Crypto.com Coin is a decentralized and open-source blockchain developed by Crypto.com 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 Crypto.com Chain, intending to build the cryptocurrency network projects and emerging the merchant’s eligibility to accept cryptocurrencies as a form of payments. Crypto.com plans to expand its platform’s reach to other platforms as well and therefore impact the CRO price positively.
Fundamental Analysis of Crypto.com.
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 carry experience in working with three reputed tech firms before he got an idea to launch Crypto.com. Notably, he 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 with 15-years of prolonged work experience in finance. He has worked with reputed firms in Asia and achieved to secure more than 50 million AUD in funding for the social commerce website called Ensogo.
Gary Or has 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. The dedicated team has been working on several groundbreaking upgrades to allow traders to exploit a maximum number of benefits from the platform
CRO Price Prediction 2021
With a solid start from the beginning of 2021, the CRO price surged by more than 250% bouncing from $0.06 to a new ATH of $0.27 by mid-April. Chinese market crisis in May has resulted in the price dump at the same pace where the altcoin flipped to $0.09 by late June.
CRO Price Prediction Q4: The CRO price took a bearish divergence since the start of Q4. The altcoin managing the uptrend momentum has surged to $0.4091 bypassing the previous ATH. The asset seems to be taking a breather after a massive run, at present the price appears to be in discovery mode. In case, if the asset undergoes a correction then it is expected to retest and consolidate around $0.237 for a couple of days. On the other hand, if bulls hold the control, then the assets price would surge by another 15 to 20% in short-term
If platforms come up with groundbreaking upgrades then the asset would hit a maximum price of $0.7954. In case of a bearish trap, it would undergo a heavy correction of around $0.179. With an average buy and sell pressure the CRO price could close trading around $0.5014 by the year’s end.
CRO Price Prediction 2022
The digital currency might instigate the year 2022 with an exchange value of $0.7954. The token could rise further, if it focuses on launching more products on its platforms such as derivatives, exporting transaction history, and many more. The price might conclude the year 2022 with a trading price of $1.8.
CRO 5 Years Price Prediction
CRO price might achieve a new milestone in the next 5 years. It might be ranked among the top 10 currencies if it consistently looks upon certain enhancements of its platform and focuses on offering transparency for its applications. It might compete with many other altcoins and attain more investors and users. By the end of 5 years, CRO is assumed to hit as high as $5.
CRO Market Prediction
As per wallet investor predictions, CRO is forecasted to hit a maximum price of $0.239, minimum it would flip to $0.165. The token is expected to trade at an average price of $0.2012. Walletinvestor anticipates Crypto.com to trade at an average price of $0.390. And maximum price expected is $0.424, minimum it would plunge back to $0.353 by 2025
As per the predictions of DigitalCoinPrice, CRO would trade at an average price of $0.5047 at the 2021 end and is anticipated to be exchanged at $0.9942 by the end of 2025.
According to Gov. Capital, the price is expected to reach a maximum of $0.35512 by the end of 2021. By mid of 2024, the price is expected to cross $1.5 and cross $2.0562 by the end of 2025.
Our CRO Price Prediction
On a bearish note, CRO established the year 2021 with an amount of $0.058. Further the price accumulated to $0.27 to hit an all-time high on 22 February. Crypto.com Coin might be a competitor for other coins as it offers the functionalities like trading, financial services, and payments. CRO’s price 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 2021, the highest CRO’s price is assumed to be $0.8952.
|Year||Potential High||Potential Low|
CRO Technical Analysis
Crypto.com Coin made an existence in the crypto world on 15 December 2018 with a trading value of $0.019 according to Coinmarketcap. Within a few days, the coin significantly rose to $0.035 and further declined to $0.019 at the end of December to close the year 2018.
On a bearish note, CRO entered the year 2019 at an exchange value of $0.020. Later the price efficiently incited an upward trajectory and the token surged to $0.098 by mid March and plunged to $0.044 during the dawn of April. The currency again retested at $0.096 within a few days and continued to variate after.
Surprisingly, the coin hit $0.11 by mid July as the currency got listed on many exchange platforms and later sank to $0.05. Further with the bearish attack, the token started to decline and arrived at $0.033 by December to end the year 2019.
CRO opened the year 2020 with a trading price of $0.033. Later the price steadily started to grow and reached $0.065 by mid February and continued to decline further. With certain variations, the currency shockingly sank to a support level at $0.032 by mid March.
Later the token elicited an upward trajectory and effectively surged to $0.17 by early September as the community successfully launched a feature called Stake-to-Take and dramatically plunged to $0.06 by the end of November due to the market rush. Crypto.com Coin further declined to $0.05 by December to conclude the year 2020.
No, CRO cannot be mined.
Crypto.com Coin mainly focuses on providing services to the users of Crypto.com’s payment trading and financial services solutions.
Yes, CRO processes instant transactions with lower cost.
Yes, CRO is an open source protocol.
Considering the previous price movements and the upcoming upgrades, CRO price is expected to reaach $1 very soon.