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

CRO price

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.

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 today is $0.117712 with a 24-hour trading volume of $20,093,571. Cronos is down 0.95% in the last 24 hours. The current CoinMarketCap ranking is #23, with a live market cap of $2,973,764,139. 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 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 bothering around 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, and it 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 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 a wide range of services to users, such as a payment system, various 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 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.

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.” 

Cronos Technical Analysis

Cronos’ technical analysis reveals that the token price plunged to lows of $0.17 during the May 2022 crypto winter and the prices have maintained the same level in a somber market, testing the $$0.1231 resistance. Cronos’s current price is $0.117, which is below the moving average lines of 9-day ($0.119) and 21-day ($0.122). The market capitalization is $517 million, the 24-hour trading volume is $15 million, and the circulating supply is 4.4 billion CRON.

The support levels are at $0.115 and $0.112, while the resistance levels are at $0.118 and $0.121. The MACD shows that the CRON price is in the bearish zone, and the RSI is hovering below level 50, which indicates that the selling pressure is likely to increase in the near term.CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 2

The 200-day MA line has crossed below the 50-day MA line, which is a bearish sign. The long-term trend is bearish, and the short-term trend is also bearish. The price is likely to remain range-bound between $0.112 and $0.121 in the near term. The 50-day EMA is about to cross below the 200-day EMA, which is a strong bearish signal.

The market looks weak and the prices are likely to remain under pressure in the near-term. The key support levels are at $0.115 and $0.112, while the resistance levels are at $0.118 and $0.121.

CRO Price Predictions by Authority Sites 2022-2031

Wallet Investor

Wallet Investor’s Cronos predictions expect the token to continue to decline in value and by the end of 2022, the price will hit a minimum price of $0.02. They say that “Cronos is a bad long-term (1-year) investment”According to Wallet Investor, the cryptocurrency is not likely to recover and regain its position in the market anytime soon.

Techenewsleader

According to TechNewsLeader, CRO prices are likely to reverse the current trend and head towards the $0.76 mark by the end of 2022. They say that “Cronos is a good long-term (1-year) investment”. The website believes that the token has the potential to grow in the future and is undervalued at its current price.

The site goes on to give a bullish prediction for 2027 where the price will hit $2.46 and in 2030, the price will reach $16.06.Their price predictions are based on the assumption that the cryptocurrency market will make significant growth in the future.

Price Prediction net

The Price Prediction net is more bullish on Cronos and they predict an average price of $0.77 in the year 2023. They claim that the prices will reach $1 by the end of 2024 and that a maximum price value of $1.30 is possible in 2024.

The site is bullish on Cronos and believes that it has the potential to grow in the future whereby they believe the prices could hit a high of $19.11 by the end of 2031.

Cryptopolitan

CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 3
CRO Price Prediction 2022-2031: Is Cronos a Good Investment? 4

CRO Price Prediction 2022

Crypo.com coin price prediction for 2022 predicts the cryptocurrency is likely to reach a minimum price of $0.51 and could reach an average price of $0.53.Cronos coin might reach a maximum price of $0.60 if the market conditions are favourable.

The website believes that the prices could rebound in the future and head towards $0.75 at the beginning of 2023.

CRO Price Prediction 2023

Based on the price fluctuations of Crypto.com Coin at the beginning of 2023, crypto experts expect the average CRO price of $0.77 in May 2022. Its minimum and maximum prices can be expected at $0.75 and at $0.90 respectively.

CRO Price Prediction 2024

As per the latest upgrades, developments, CRO price prediction, and new project forecasts of the platform, CRO investors could expect many partnerships and integrations around 2024. A maximum value of $1.30, a minimum price of $1.30, and an average price of $1.14 can be predicted around 2024.

CRO Price Prediction 2025

Cronos Group Inc. might face some serious competition from other companies in the industry by 2025, as many new players will enter the market with fresh products and services. However, being an established name in the field, CRO can still manage to attain a price of $1.50 by 2025. The prices might touch a low of $1.60 and an average price of $1.64 by 2025.

CRO Price Prediction 2026

Crypto.com coin price predictions for the year 2026 expect the digital asset to continue on its bullish trend and attain the $2 mark by 2026. The maximum price that can be expected is $2.84 and the average price will be around $2.43.

However, the prices might drop to a minimum of $2.35 by the end of 2026 due to some external factors such as the global recession or the market.

CRO Price Prediction 2027

In the year 2027, the prices are expected to hit a new all-time high as the cryptocurrency market will have recovered from the global recession by then. The maximum price that can be expected is $4.11 and the average price will be around $3.67.

The minimum price that can be expected is $3.58 and this could happen if there is another market crash or some other unforeseen event.

CRO Price Prediction 2028

The year 2028 is expected to be a good year for the prices of Cronos as the global economy will have recovered by then and the demand for cryptocurrency will have increased. The maximum price that can be expected is $6.22 and the average price will be around $5.24.The minimum price that can be expected is $5.05.

CRO Price Prediction 2029

Crypto adoptions in the year 2029 will result in an increased demand for Cronos and hence the prices are expected to go up. The average price that can be expected is $7.76 and the maximum price that can be expected is $8.74.The minimum price that can be expected is $7.55.

CRO Price Prediction 2030

By the year 2030, Cronos is expected to have a very strong hold in the cryptocurrency market and the prices are expected to reach new all-time highs. The maximum price that can be expected is $13.21 and the average price will be around $11.38.The minimum price of $11.07 is also predicted for the year 2030.

CRO Price Prediction 2031

CRO coin average price by 2031 is anticipated to be around $16.70 with a maximum price of $19.11 and a minimum price of $16.30. This is because, by 2031, the cryptocurrency industry would have gained more popularity and investors would have started to invest more in it.

Conclusion

CRO coin is expected to have a very positive future, with prices reaching new all-time highs in the next few years. In mid-March, FIFA announced that Crypto.com will be the official sponsor of the 2022 FIFA World Cup in Qatar, continuing Crypto.com’s efforts to enter the sports industry and generating a buzz of press coverage. By March 28, the token was selling for $0.50. Since then, however, the price has dropped significantly.

Despite the news that Cronos has teamed up with Chainalysis to enable real-time transaction monitoring for CRO and other CRC-20 tokens on the Cronos network, the token has remained in a bearish trend towards $0.117 in the mid-year.

Overall, the CRO coin is a good investment option for those looking to get involved in the cryptocurrency market. When considering Cronos coin price predictions, keep in mind that while they may be helpful as a predictor of where the price might go, they should be taken as possibilities rather than facts. The price predictions are not investment advice. Do your own research before investing in any cryptocurrency.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

Will Crypto.com Coin (CRO) price increase in the future?

According to our predictions, the Crypto.com Coin (CRO) future price will increase.

Is CRO worth buying?

Historical data suggest that CRO will be a profitable investment in 2022, and the trends for the coming years predict that the coin price will be bullish. Based on the price predictions and investor sentiments, CRO could be one of the best coins in years to come. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are incredibly volatile.

Where can I buy Cronos?

Although it’s native to Crypto.com, Cronos can be purchased on several other exchanges, such as eToro and Huobi. Coinbase, KuCoin, and other major exchanges.

What will be the CRO price after 10 years

CRO coin average price by 2031 is anticipated to be around $16.70 with a maximum price of $19.11 and a minimum price of $16.30. This is because, by 2031,

Is Cronos a good Investment?

Yes, Cronos is undervalued and is profitable for the long term.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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