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Cronos

CRO

Rank #45
$ 0.09015
-0.62%
24H Low$0.08818
24H High$0.09101
24H Volume
9.71M
All-Time High(ATH)
$0.9654
All-Time Low(ATL)
$0.01212
Market Cap
2.39B
Fully Diluted Valuation
2.7B
Market Cap/FDV
0.8849
Circulating Supply
26.55B CRO
Total Supply
30B CRO
Max Supply
Market Sentiment
--
* Data from 3rd parties

Cronos (CRO) Price Trends

Time period
Change amount
% Change
1H
$ 0.00006531
0.072%
24H
$ -0.0005594
-0.62%
7D
$ -0.0008609
-0.96%
14D
$ 0.006406
7.11%
30D
$ 0.01364
15.13%
1Y
$ 0.007164
7.95%

Live Cronos (CRO) Price Update

Cronos price today is $0.09015 with a 24-hour trading volume of 9.71M, and as such Cronos has a market cap of 2.39B, giving it a market dominance of 0.09%. The Cronos price moved -0.6205% in the last 24 hours.

Cronos reached its highest price on 2021-11-24 when it was trading at its all-time high of $0.9654, while its lowest price was recorded on 2019-02-08 when it was trading at its all-time low of $0.01212. The current lowest price since the last cycle high was $0.01212, and the highest price since the last cycle low was $0.9654. The social sentiment of Cronos is currently Positive.

The current circulating supply of Cronos is 26.55B CRO. In terms of market cap, Cronos is currently ranked 45.

About Cronos (CRO)

Cronos is an EVM compatible chain launched by crypto.com, and Cronos mainnet has been online since November 2021. Built based on Cosmos SDK technology, it provides developers with the ability to migrate applications and crypto assets from other chains in real time. Meanwhile, it benefits from its high throughput and low trading costs, and provides new options for the development of projects such as DeFi, NFT, GameFi and Web3.

Since the establishment of the Cronos ecosystem grant program in December 2021, the product development of early projects has been supported by funds, technology and marketing, and the ecosystem development of Cronos has made great progress, involving Web 3.0 games, NFT, DeFi and other categories. The gradual prosperity of the ecosystem has attracted a large number of investors with high returns for several DeFi projects on its chain.

As it is still in the early stage, Cronos's native projects account for a high proportion in the Cronos ecosystem, among which DEX accounts for the largest proportion. The layout of other DeFi type projects such as loans and stablecoins is also progressing step by step. In addition, Cronos has planned long-term empowerment of NFT in the road map. In addition, it has drawn lessons from the development of NFT in other mature public chains. Cronos has adopted a long-term development route for NFT.

Crypto.com, the founder of Cronos, is a well-known trading platform, which has a layout in the crypto field. In addition to Cronos, Crypto.org network has already been online, although Crypto.org and Cronos have similar support backgrounds and use the same token (CRO) as gas, they are essentially two different networks. The Crypto.com team has a clear vision: no matter where, users can pay through any blockchain assets for free, and focus on the use in real life.


How does Cronos (CRO) Work?

Cronos is an EVM running in parallel with the Crypto.org chain. Both platforms are supported by CRO cryptocurrency assets. In this setting, Cronos shines because of its compatibility with Ethereum virtual machine (EVM), allowing easy migration of Ethereum based applications to the platform.


To expand the expansion potential, Cronos uses the proof of authority (POA) model. PoA is a method that combines the proof of computing power and the proof of stake. Each node will first carry out the proof of computing power mechanism, and then use the method of proof of stake to randomly select verifiers according to the holdings for validation.

In PoA, the conditions for becoming an authenticator are quite strict, and each authenticator needs to provide a real identity, so as to reduce many situations where invalid nodes may appear in the PoS, and thus improve security.

The advantage of PoA is to maintain the efficiency of PoA and the security of PoW. However, since the node needs to disclose its identity, it is not decentralized enough, and usually those who are willing to be nodes are senior personnel in the field, which may lead other users to become suspicious that blockchain is dominated by a few people.

Cronos adopts the proof of authority mechanism. Although it reduces the degree of decentralization to a certain extent, it improves the data throughput, efficiency and reduces the handling fee. And after integrating with the decentralized oracle solution Band Protocol, it provides new options for applications built on Cronos to access external data.


What is Cronos (CRO)?

Cro is the native token of Crypto.org and Cronos, and also the utility token of crypto exchange. The total supply of CRO is 30.263 billion, and the current total circulation of CRO is 25.263 billion.

However, in fact, CRO tokens were originally created as ERC20 tokens, which was adapted to Monaco's renaming Crypto.com, renamed from the original MCO name to CRO in 2018, is now the native token of an independent Crypto.org chain. In February 2022, it was renamed its current Cronos (CRO) name again to reflect that in CRO's growing Cronos ecosystem to Web3, the transition of native tokens, NFT and metaverse solutions are all based on this blockchain.

CRO is the main payment method for Crypto.com transactions. Users can use CRO tokens to obtain special rewards and discounts through Crypto.com flagship credit card products. Besides, they also enjoy lower trading costs and higher loan rewards. Meanwhile, they also pay gas fees as Cronos network. Its status and importance in the whole ecosystem is self-evident.


Cronos (CRO) Crypto Wallet

In addition to placing the CRO in the Gate.io exchange to facilitate trading, CRO can also be placed in the crypto wallets.

Cronoscro (CRO) has its own wallet matrix support to meet the needs of different people and different scenarios.

The official wallet of CronosCRO is the Crypto.org Chain Wallet built on the platform, but the official supporting wallet also includes Crypto.com DeFi Wallet, Crypto.org Wallet Client (chain-maind) and Ledger Hardware Wallet. All three crypto wallets can be used to send, receive and protect crypto assets of user accounts.

These three wallets have obvious differences and functions in the segmentation field. Crypto.com DeFi Wallet is an un-custodial mobile wallet application that can provide a full set of DeFi services, and supports CRO migration tools and Crypto.org Chain Staking, users can fully control the cryptocurrency and private key of the wallet.

Crypto.org Wallet Client (chain-maind) is a command line interface wallet client and supports all wallet operations, including management, fund transfer and staking. Ledger Hardware Wallet is a hardware wallet, which can help users to provide complete isolation between their private keys and easy to crack computers or smartphones, and ensure the security of crypto assets.

FAQs

1. What determines the price movement of Cronos?

There are two schools of thought in determining the price of Cronos.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Cronos, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Cronos from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Cronos on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Cronos as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Cronos and the cryptocurrency market as a whole.

Cronos (CRO) News

UAE and China Complete $13.6 M Cross-border Transactions Using CBDCs

UAE and China Complete $13.6 M Cross-border Transactions Using CBDCs

China and the United Arab Emirates transferred more than $13.6 million worth of CBDCs using the mBridge blockchain settlements _.
Source: Gate.blog
Posted:
Daily News | Justin Sun Launched Bitcoin Layer2; MicroStrategy Holding Over $10B in BTC; Blast TVL Exceeding $1.7B; SEI Breaking $1, Setting A New Historical High

Daily News | Justin Sun Launched Bitcoin Layer2; MicroStrategy Holding Over $10B in BTC; Blast TVL Exceeding $1.7B; SEI Breaking $1, Setting A New Historical High

Justin Sun announced TRON_s launch of the Bitcoin Layer 2 solution, MicroStrategy_s Bitcoin holdings are currently worth $10 billion, OpenAI_s launch of the AI video _ Sora, and Blast TVL exceeding $1.7 billion.
Source: Gate.blog
Posted:
Daily News | 9 Spot Bitcoin ETFs Surpassed MicroStrategy Holdings; ERC-404 Sector Fell; Ethereum L2 TVL Rose 7.77% on February 7

Daily News | 9 Spot Bitcoin ETFs Surpassed MicroStrategy Holdings; ERC-404 Sector Fell; Ethereum L2 TVL Rose 7.77% on February 7

The holdings of nine spot Bitcoin ETFs have exceeded MicroStrategy_s holdings, and the ERC-404 track has generally fallen. Currently, the total lockup of Ethereum Layer2 is $23.1 billion.
Source: Gate.blog
Posted:
Daily News | SEC's New Regulations Will Strengthen Crypto Regulation, MicroStrategy Continues to Increase Its Holdings in Bitcoin, Dymension's Mainnet Officially Launched

Daily News | SEC's New Regulations Will Strengthen Crypto Regulation, MicroStrategy Continues to Increase Its Holdings in Bitcoin, Dymension's Mainnet Officially Launched

The SEC_s new regulations will strengthen crypto regulation, MicroStrategy continues to increase its holdings in Bitcoin, with 1,767 BTCs transferred from Grayscale to Coinbase Prime.
Source: Gate.blog
Posted:
Gate.io AMA with SHELL Trade-The First-ever Dual-sided Bridge Designed for Easy Cross-network Transfers Between BTC and SOL within BRC20 Tokens

Gate.io AMA with SHELL Trade-The First-ever Dual-sided Bridge Designed for Easy Cross-network Transfers Between BTC and SOL within BRC20 Tokens

Gate.io hosted an AMA (Ask-Me-Anything) session with Alex,representative of SHELL TRADE in the Twitter Space.
Source: Gate.blog
Posted:
Daily News | BlackRock Ranks First in 5 Bitcoin Spot ETF Fund Flow List; MicroStrategy Buys More Bitcoin; APE, INJ, ID and Other Tokens Will Be Unlocked in Large Amounts This Week

Daily News | BlackRock Ranks First in 5 Bitcoin Spot ETF Fund Flow List; MicroStrategy Buys More Bitcoin; APE, INJ, ID and Other Tokens Will Be Unlocked in Large Amounts This Week

BlackRock ranks first in the cash flow of Bitcoin spot ETFs, and MicroStrategy is buying more Bitcoin. JPMorgan Chase believes that the probability of approval for the May spot Ethereum ETF does not exceed 50%.
Source: Gate.blog
Posted:
Date
Market Cap
Volume
Open
Close
2024-03-03
$97.05M$3.9B$0.1466N/A
2024-03-02
$41.93M$3.35B$0.1266$0.1466
2024-03-01
$35.66M$2.9B$0.1092$0.1266
2024-02-29
$37.39M$2.76B$0.1043$0.1092
2024-02-28
$29.39M$2.74B$0.1035$0.1043
2024-02-27
$14.49M$2.6B$0.09801$0.1035
2024-02-26
$8.84M$2.5B$0.09447$0.09801