CRO Price Prediction 2023-2030: Can CRO reach $1,000,$500?
Latest CRO Price
|Metric||Last 24 Hours||Trend|
|Net Social Media Sentiment||7.6%||Higher|
Article Coverage: Latest CRO news, Is CRO a good investment, Latest CRO Video, Can CRO reach $100, $500 and $1000? CRO Price Prediction 2023-2030
Latest Cronos CRO News And Statistics
- Cronos Accelerator Program Partners:
- CertiK has become a partner in the Cronos Accelerator program, offering their expertise in smart contract auditing and advanced security tools to enhance the security and scalability of projects.
- Bitquery.io has also joined the Cronos Accelerator program, providing software solutions for parsing, indexing, and storing blockchain data, along with valuable insights through APIs and explorer tools.
- Airfoil has been welcomed as a partner in the Cronos Accelerator Program, bringing their extensive knowledge in Web3 design to assist teams in creating visually appealing and user-friendly interfaces.
- CRO NFT Data (30 days)
- CRO Rank: 17th, ETH Rank: 1st
- CRO: Sales dropped by 58%, Ethereum: Sales dropped by 38.6%.
- Gaming: Top three Cronos Games vs Top three Blockchain Games (30 days)
- UAW-CRO: 9.0K, Top three blockchain games: 2,480.4K
- Volume – CRO: 1,091.6K, Top three blockchain games: 829K
- CRO Defi
- CRO Rank: 11th, Ethereum ranked 1st
- Last 7 days change: CRO: +0.5%, Ethereum: +7.4%
- Last 1 Month Change: CRO: -2.3%, Ethereum: -9.0%
- TVL: CRO: $287.0M, Ethereum: $21.2B
Cro Cronos, Buy or Sell, Crowd Poll
- August 3rd: +91.7%
- September 2nd: +80.7%
- September 21st: +78.1%
- September 22nd: +78.1%
CRO Price Prediction: Is CRO (Crypto.com) a Good Investment?
Cronos is a decentralized blockchain that operates on the Ethereum-Virtual Machine (EVM). Cronos is built on top of the Cosmos SDK and supports the Inter-Blockchain Communication (IBC) protocol which enables applications to operate from multiple blockchains. It uses a modified version of the Tendermint Proof of Stake (PoS) consensus engine and validators are selected based on their technical ability and commitment to the Cronos ecosystem. Key Features –
- High-speed transaction system
- Lower transaction fees
Transactions on Cronos consume gas during execution, and the transaction fee (dynamic fee structure) is calculated based on the computational effort needed. The governance of Cronos is in the hands of its validators who hold two types of tokens: CRON and CRO
Cronos was built by Crypto.com, one of the largest crypto exchanges with a weekly visit of over 1 M users.
- CRO blockchain is focused on providing utility to the users of Crypto.com’s payment, trading, and financial services solutions.
- CRO facilitates the trade on the crypto.com platform. It also acts as an intermediary currency that allows users to convert the cryptocurrency. Apart from this, CRO coin is used for Staking on the crypto.com exchange.
- Crypto.com offers a prepaid Visa card that functions like a rewards debit card to allow users to spend their crypto holdings easily. CRO is used as a medium of payment for Crypto.com VISA cards.
- Crypto.com can be potentially used for payments by online merchants. These merchants include Time magazine, Tokenframe, secuX, OTR, ledger, Cointracking, Travala, Coinzilla, Premiumize, VirtualProLeague, etc.
Cronos Projects Include
Cronos DeFi, Gaming and NFT Performance Stats
- DeFi TVL of 285 Million – Small to Medium-Sized Player [trending lower]
- NFT 30-day volume of $331,987 – Very Small Player
- Almost no presence in Gaming
Overall, Cronos is not a competitive player in any segment
Cronos, earlier known as CRO, is the native cryptocurrency of the Cryptocurrency Exchange Platform Crypto.com. There are two kinds of CRO Coins. CRO is a native currency of the Crypto.org blockchain and can be used for Crytpo.org transactions. CRO is also an ERC-20 Token used for transactions on the Ethereum Blockchain.
CRO Token helps in multiple functions
- Facilitates trades on the Crypto.com platform
- Users can get fee waivers for buying various cryptos through CRO on their app.
- In the Crypto.com payment app, users can get up to 20% cash back for paying through CRO and up to 10% for purchasing gift cards.
- The CRO provides users with access to numerous tiered benefits within the Crypto ecosystem.
- CRO can be used as an intermediary currency or utilized to convert crypto into fiat at affordable rates.
- Staking CRO offers several benefits, including access to Crypto.com Visa Cards, cashback rewards, rebates, higher APRs, and the ability to become a validator.
CRO coin gained over 1000% in 2021 but has struggled over the last 12 months, down nearly 85%
- Q3: -1.5%
- Q4: -48.7%
- Q1: +22.0%
- Q2: -17.3%
Looking at both usage stats as well as price performance stats, CRO is not a good investment at the moment. Developers can benefit from Cronos Labs, a Web3 start-up accelerator and ecosystem development fund, that offers a $100 million EVM fund. As more widespread applications get rolled out on Cronos, this could change.
Cronos Performance so far
- Year To Date (2023): -9.7%
- Last 12 months: -51.6%
- Since launch (2019): +153.8%
CRO Price Predictions
Cro Price Prediction: Will CRO Go Up?
CRONOS is backed by a big brand crypto.com, however, the FTX fiasco has led to doubt even the future of Crypto.com. The current market condition is worrisome and the chances of recovery of CRONOS this year are bleak.
FTX was one of the most popular crypto exchanges and with its collapse, investors are pulling out their digital assets from the exchanges. CRONOS is an exchange token and for it to rise it needs to have more investors flocking to the crypto.com exchange. Currently, the scenario is different, therefore, CRO may not go up as of now.
Cronos Price Prediction: Will CRO Go Down?
As an exchange token, CRO is struggling like the rest of the exchange tokens. The collapse of FTX has increased the fear of the rest of the exchanges following a similar path. As per the latest JP Morgan report, massive withdrawal from the exchanges is taking place.
The price of CRONOS is being affected by both the current crypto market condition and well as the traders looking for a safe place to store their assets rather than keeping them in the exchange. Looking at the performance of CRONOS, there are higher chances of CRO prices going down.
CRO Price Prediction: Will CRO Reach $10?
CRO must grow by 16.7 times to reach a price level of $10.
Thus, considering its 1.38 times growth in one month, CRO coin will need around 1 year to reach $10 (as per the calculation).
Therefore, it is very much feasible for Cronos coin to reach $10. However, it might take more time depending on the market conditions.
CRO Coin Prediction $100: Can CRO reach $100?
CRO needs to grow by 1,250 times to reach a price level of $100.
Also, it reached its all-time high price of $0.9 in November 2021 where it grew by 13.84 times in 10 months (i.e., from the lowest value of $0.065 in January 2021). Thus, CRO grew by nearly 1.38 times in one month during that time.
Therefore, CRO needs a minimum of 905 months (more than 75 years) to reach $100.
Hence, it is not at all practical for CRO to reach $100 in the coming future.
CRO Price Prediction: Can CRO reach $1000?
To reach a price level of $1000, CRO needs to grow by 12000 times from the price in January 2023. This is not a realistic expectation. Further, at 1000, the Market Cap of CRO would be $25 Trillion which is more than the current GDP of the United States. Third, assuming CRO rises at an unrealistic pace of 50%, per annum, it would take nearly 24 years to reach $1000, the time frame is too long to make a sensible prediction. Lastly, the use cases of the performance of CRO so far have been moderate to weak, so a realistic growth forecast would be < 25%.
The only way CRO could reach $1000 is by launching a burn program that effectively eliminates more than 90% of the Tokens. To conclude, there is no realistic manner in which CRO can reach $1000
Cronos Price Prediction: Can CRO Reach $500?
While CRO is unlikely to reach $1000, a target price of $500 is also impossible. At $500, the targetted Market Cap would be the same size as China’s GDP, and the time frame at 50% growth would be 22 years which is quite far-fetched, and lastly, it is unrealistic to expect CRO to rise 6000 times despite the weak use cases.
Overall, both $500 and $1000 are unrealistic price targets for CRO.
CRO Price Prediction Today
|1. Market's Wisdom||Partially Bullish|
|1a. Market Data||Partially Bullish|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Bullish|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Higher|
CRO Price Prediction 2023–2030
- Cronos CRO Price Prediction 2023 is $0.0851
- Cronos CRO Price Prediction 2024 is $0.120
- Cronos CRO Price Prediction 2025 is $0.170
- Cronos CRO Price Prediction 2026 is $0.235
- Cronos CRO Price Prediction 2027 is $0.290
- Cronos CRO Price Prediction 2028 is $0.395
- Cronos CRO Price Prediction 2029 is $0.545
- Cronos CRO Price Prediction 2030 is $0.790
Frequently Asked Questions
Does Cronos have a future?
The future of CRO depends on several economic factors including inflation, CPI Index, and liquidity.
How high can CRO go?
CRO’s price is expected to reach as high as $0.8 by the end of the year 2030. However, the market conditions of macro and micro economic factors including inflation, liquidity, and the CPI Index will also impact the price level of CRO in the future and hence, it might even reach higher than the expected value if the market conditions ease up.
Where Can I Buy Cro Crypto?
Here are the general steps to buy CRO coins:
- Choose a cryptocurrency exchange that supports CRO (as listed below).
- Create an account with the exchange and complete the necessary verification steps, which may include providing personal identification documents.
- Deposit funds into your exchange account using a bank transfer, credit/debit card, or other payment methods
- Search for the CRO trading pair, such as CRO/USD or CRO/BTC, on the exchange’s trading platform.
- Enter the amount of CRO you want to buy and review the transaction details, such as the current market price and transaction fees.
- Confirm the trade and wait for the CRO coins to be credited to your exchange account.
- Withdraw your CRO coins to your personal cryptocurrency wallet for safekeeping, or keep them on the exchange if you plan to trade them further.
CRO crypto can be bought on numerous centralized and decentralized crypto exchanges, including
- Coinbase Exchange
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view of the likely trends in Stocks or Coins. Please consult a registered investment advisor to guide you on your financial decisions.