Last Updated on 18 July 2022 by CryptoTips.eu
Cronos Price
Read everything about the Cronos Price.
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Follow the Cronos price in euro, dollar and pound
On this page, you will find reliable information related to the Cronos (CRO) price, including price trends and historical prices. In the widget above, you can see the CRO price trend for the past month. This is the default view. If you are interested in 1-day, 1-week, 1-quarter, 6-months, or 1-year visual, then you can switch to your desired period by clicking on the button in the top right corner.
In the same widget, you will find the Cronos price not only in Euros but also in British Pounds and US dollars. The rate of Cronos in different currencies allows you to understand the current price trend in your desired fiat currency.
At the bottom, you can see the trading volume of CRO during the selected period. If you are looking for the CRO price trend for some specific period, then you can put the desired date in the available space in the top left corner of the graph.
CRO price in euros, dollars and pounds
In the table below, you can see the current Cronos price in different currencies. This price is default shown in euros, but you want to switch to USD or GBP by clicking the buttons.
Below the Cronos value, you will find daily, weekly, and monthly summary of the price of the token. From this information, you can understand how well or how bad the cryptocurrency is performing. The current market capitalization of the coin is also visible below. The open and close, highest, and lowest price of CRO in the past 24 hours is also available in the table.
Note: There can be a difference of a few dollars and euros in prices, because the price data is provided by two different companies.
The history of Cronos’s price
CRO is the valuable coin of Hong Kong-based cryptocurrency company Crypto.com. The token is developed to support the ecosystem by allowing individuals to get various benefits on the platform. The users of the platform can use CRO tokens for multiple purposes, like: receiving and sending payments, earning interests and staking the CRO coin.
At the beginning of 2019, the CRO token appeared like a Rockstar in the news. The swift increase in the Cronos price allowed it to list among the top 50 cryptocurrencies in the world. Since then, there has been a stable price growth of the CRO token. The platform creates a demand by letting the users use the token to get benefits.
In August 2020, the company stated that it allows the owners of MCO coins to swap their coins to CRO tokens. It is because the protocol will shift to a singular token system for its mainnet. This resulted in a price rise of the CRO token.
The Cronos value increased by 4-folds in 2020. The coin has gained 273% since the beginning of 2020 that made it top-performing cryptocurrency. On the second spot, Cardano’s performance was not even close to CRO. Due to the Cronos price rise, the token entered the crypto top 10 in Q3 of 2020.
The price structure of CRO has been the most solid uptrend in 2020. The price trend is continuously moving up and up. In the mid and long terms, investors got attracted to CRO due to the benefits of the platform. The Crypto.com website attracted tons of investors due to its high-interest rates.
From August 2019 to August 2020, CRO gained a massive 400% profit with a market cap of $3.14 billion.
Crypto.com is a debit card issuer, and the service is so popular that it managed to increase its user base by 50% in a matter of 3 months. You can get the debit card for free when you stake your CRO coins. Using the debit card gives you a lot of benefits like, cashback on your purchases, cashback on Netflix, Spotify and Amazon prime and more.
In 2022, Crypto.com has decided to change the name Crypto.com Coin to Cronos (CRO). The new name reflects the decentralized nature of CRO and the growth of the Cronos ecosystem. Cronos represents an important phase in the adoption and use of Web 3.o by users.
Cronos historical prices
Are you looking for a week-long Cronos price history? We got your back. In the table below, you can find the CRO price history of this week along with a daily change in price percentage and trading volume.
How is the Cronos price established?
When we talk about the price of any asset, the first things that come to our mind is the supply and demand of that asset. The Cronos price is established when people are buying and selling the coin. If more people are buying CRO, then the price will rise as per the rate of the demand.
So, when many people get attracted to a specific cryptocurrency, it increases the value of that coin in the market and price surge. When there are not many buyers interested in buying a certain digital coin, the price will fall, because the majority of the people want to get rid of that currency.
Also, the reputation of the digital currency and its technical fundamentals are very crucial. If the technology of the currency is advanced, then there are fewer chances of a hack or breach. It will increase its reputation in the market, and more people will trust the company.
Cronos price prediction
In the cryptocurrency industry, you will hear cryptocurrency analysts telling trends of digital coins. All these guys are experienced and intellectual professionals. Most of the time they do not predict the price rather they guess the trend of the coin and tell us the chances if the coin is going up or down. They do this based on historical data, current situation of the market, and getting the details about the strategic partnerships a company is developed over a while.
Predicting the exact Cronos price in the future is like doing magic. You cannot expect anyone will tell you the right price. If someone is doing so, he probably is lying.
What do you need to take into account with the Cronos price?
The volatile nature of cryptocurrencies makes them risky investments. If you are not willing to take a bigger risk, then stay away from the cryptocurrency world. The Cronos price can change rapidly and people can lose their hard-earned money due to little or inappropriate information about the cryptocurrency market.
Investing in cryptocurrencies is risky. It is up to you if you want to take a calculated risk and invest money in crypto that you do not need soon.
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