CRO Price Prediction: Is Cronos Coin a Good Investment?

October 2, 2024

Price Prediction

Sean Korbett

Cronos (CRO) is a native token of the blockchain platform focused on enabling decentralized finance applications, non-fungible tokens, and the metaverse. The Crypto.com platform can be used for buying, selling, and swapping crypto, as well as has a convenient fiat on and offramp, making the swap from bank to crypto, and back to bank seamless. With its wide range of services, Crypto.com continues to thrive. How will its native coin’s price change as it develops? Discover the long-term CRO price prediction in StealthEX’s latest article.

Cronos (CRO) Overview

The Cronos chain is an EVM-compatible blockchain powered by Ethermint. As the Cronos chain supports the IBC protocol, users can conveniently import cryptocurrencies from the Ethereum, Cosmos, and other chain families into Cronos. One perk of this interconnectedness is that users can take advantage of the interoperability and leverage the rich application ecosystem of Ethereum and Solidity. Given Cronos’ plug-and-play nature, developers can port over apps and smart contracts from Ethereum and EVM-compatible chains with ease.

CRO, the native token of Cronos, is an ERC-20 token on the Ethereum blockchain. Holding onto CRO gives users access to perks in the Crypto.com ecosystem. These include discounted trading fees on Crypto.com, as well as the ability to obtain a Crypto.com Visa Card offering a suite of benefits. There are two main use cases for CRO. With on-chain transfers, CRO can be used to pay for gas fees when carrying out transactions on Cronos Chain. With value transfer, holders can stake their CRO to a validator node or provide it to a liquidity pool on-chain, which generates returns for them in the form of an additional CRO. Holders can also make CRO transfers to make payments.

Cronos (CRO) was launched by Crypto.org, which was co-founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo. The company was initially founded in June 2016 as Monaco, a cryptocurrency-backed payments platform. In 2018, Monaco rebranded, and the project team announced the development of the Crypto.org chain, a public blockchain that enables payment transactions using cryptocurrency to occur instantly, and the CRO token, which acts as an intermediary currency settlement between other assets.

Cronos Features

Cronos offers a number of features within the crypto space and on its Crypto.com platform:

1. Cronos Bridge. Cronos Bridge supports data transfer from Cronos to Akash, Crypto.org, Terra, and Cosmos. The bridge supports CRO, ATOM, AKT, and LUNA tokens. There are plans to add new tokens like ETH, USDC, DAI, WBTC, and WETH to the bridge.
2. Staking. CRO holders can stake their tokens to earn a return on their investment and to participate in network validation. This means they can earn a percentage of the total transaction fees generated by the network, depending on the amount of CRO they hold and stake.
3. Crypto Earn. Crypto Earn allows users to earn interest on crypto through competitive yearly dividends of up to 12%, depending on the term and asset type. Users who stake CRO coin enjoy the highest dividends of all asset types.
4. Crypto.com Pay. Crypto.com Pay is a mobile payment service built into the Crypto.com App that allows users to shop and pay with cryptocurrency. Users enjoy multiple reward features, including CRO coin cashback for Pay Gift Card purchases and free peer-to-peer (P2P) transfers with Pay Your Friends.
5. Crypto Credit. Crypto Credit enables users to instantly receive a loan with no payment deadline and no credit check required. Users deposit CRO, BTC, ETH, and other select assets to receive a stablecoin loan.
6. Cashback. CRO holders can also receive cashback on purchases made with the Crypto.com debit card, with the percentage of cashback varying depending on the amount of CRO they hold.
7. Trading discounts. Users holding CROs can also receive discounts on trading fees; the more CRO they hold, the more discounts they receive.
8. Crypto wallet. The Crypto.com wallet is a non-custodial digital wallet that lets you store, swap, and earn interest on tokens or transact with decentralized apps.
9. Token sales. CRO holders can also participate in token sales, exclusive to the Crypto.com platform.

Cronos (CRO) Price Chart    

CoinMarketCap, October 2, 2024

Cronos (CRO) Price History Highlights 

• 2021: Crypto.com launched its own Cronos blockchain on Cosmos in November 2021. CRO reached an all-time high of about $0.97 that same month, but it declined in the months that followed.
• 2022: At the end of January 2022, CRO was down to $0.34; however, it quickly recovered to $0.51 and fluctuated between $0.35 and $0.50 for a while.
• 2023: 2023 was a difficult year for Cronos. After a brief upswing that saw it peak at $0.09287 on February 21st, Cronos fell to a low of $0.05072 on June 10th due to the US institutional statement.
• 2024: The recent crypto market spike has seen CRO grow at the start of 2024, reaching $0.08335 on January 18. In March, during the bullish market, CRO coin peaked at $0.1694. At the moment, CRO coin hovers between $0.07 and $0.09.

Cronos CRO Price Prediction: 2024, 2025, 2030-2040

Cronos Crypto Price Prediction 2024

DigitalCoinPrice experts believe that in 2024 CRO coin’s price will hit an absolute maximum that year, $0.18 (+114%) at its peak, while at its lowest point it can drop to $0.0743 (-11%).

PricePrediction analysts think that in 2024, Cronos coin is going to achieve a minimum price of $0.0841 (+9%) at its low, while at its maximum CRO will rise to $0.1027 (+22%).

Telegaon analysts think that the minimum lowest price CRO can hit in 2024 is $0.36 (+328%), while at its peak it can go as high as $0.63 (+649%).

CRO Price Prediction 2025

According to DigitalCoinPrice, in 2025, CRO might reach $0.22 (+161%) per coin at its highest point. Its lowest price might drop to $0.18 (+114%).

According to PricePrediction, in 2025 CRO crypto will drop to reach its lowest price of $0.1336 (+58%), while at its highest it can go as high as $0.1640 (+95%).

Telegaon analysts think that at its lowest point CRO coin can hit a minimum of $0.64 (+660%), while at its highest point it can rise to $0.94 (+1,017%).

CRO Price Prediction 2030

DigitalCoinPrice experts expect that in 2030, CRO coin will continue rising in price: its maximum price is going to hit $0.63 (+649%), while at its low it can drop to $0.54 (+542%).

According to PricePrediction, in 2030 CRO coin will see a lowest price of $0.8347 (+892%), while at its peak it might reach $1 (+1,089%).

Telegaon experts think that in 2030 CRO has the potential to reach a maximum price of $8.53 (+10,042%) per coin, while at its bottom it can hit $6.92 (+8,128%).

Cronos Coin Price Prediction 2040

PricePrediction believes that by 2040, CRO crypto is going to hit really impressive price levels: $43.67 (+51,826%) at its low and a maximum of $53.9 (+63,990%) per coin at its peak.

Telegaon crypto analysts think that in 2040 CRO will cost a maximum of $46.15 (+54,775%) per coin at its peak. It can also drop in price to a minimum of $39.12 (+46,416%).

Cronos CRO Price Prediction: What Do Experts Say?

CRO powers the Crypto.com ecosystem. Aside from staking and network rewarding activities, users can use their CRO to unlock DeFi features, get higher cashback and discounts, and be qualified for exclusive rewards. As the platform develops, the growing number of long-term holders on the Cronos network also validates the bullish stance. In 2023, the IntoTheBlock website detected that the number of long-term wallet addresses holding CRO increased by more than 20,000 between Feb 10 and March 24.

As Cronos gets into the portfolios of more investors, many experts believe that, going forward, the platform will become even more prominent: for instance, CoinEagle via CoinMarketCap thinks that by 2030, CRO could potentially reach $8.5.

CRO USDT Price Technical Analysis     

Tradingview, October 2, 2024

Now that we’ve seen possible price predictions for CRO, let’s find out a bit more about the factors that can influence its price.

What Does the CRO Price Depend On?

The popularity of Cronos depends on several factors. First, the overall sentiment towards cryptocurrencies and the perception of the Crypto.com ecosystem can significantly impact the demand for CRO.

Moreover, evolving regulatory frameworks and policies surrounding cryptocurrencies can either foster or hinder the adoption and growth of CRO, directly impacting its price. Lastly, strategic partnerships with reputable organizations or collaborations with other blockchain projects could enhance CRO’s utility and visibility, potentially driving up its value.

When assessing CRO coin as an investment, keep the following considerations in mind:

• Competition;
• Supply and demand;
• Market sentiment;
• Regulatory changes;
• Inflation;
• Economic indicators;
• Market dynamics;
• Partnerships.

Risks and Opportunities

Crypto.com has rapidly evolved into a formidable player, providing users with a secure and user-friendly environment for trading, storing, and utilizing digital assets. Because of the range of services and features provided by the Crypto.com ecosystem, CRO is a utility coin with practical uses. The demand for CRO may rise in tandem with adoption, therefore increasing its value.

However, Crypto.com is a centralized platform, it can have issues such as downtime, hacks, bugs, and other technical problems that could affect the token’s value as well as the ability to buy, sell, or trade it. Not to mention the fact that the business can go down, and Cronos can depreciate.

Is Cronos a Good Investment?

It could be. Crypto.com investigates incorporating CRO into virtual worlds and digital ecosystems as the metaverse idea gathers steam in an effort to increase adoption and possibly create new use cases. More new cases mean more token exposure and its growing popularity.

What Is CRO Crypto?

Cronos (CRO) is the cryptocurrency token for a blockchain developed and run by one of the major exchanges called Crypto.com.

Is CRO on the Way to $1?

Cronos can certainly reach a higher price and eventually reach $1 if the market turns bullish, crypto space continues to flourish, and CRO token finds more applications.

Will Cronos Reach $5?

Cronos can certainly reach a higher price if the market turns heavily bullish, crypto space continues to flourish, and CRO token finds more applications.

Can Cronos Coin Reach $10?

It’s not unrealistic. However, the lack of competitive advantage, absence of speculative cash, and regulatory factors may be a huge barrier to CRO’s ability to reach $10. Compared to $1, the chances of CRO reaching $10 are relatively lower.

Can Cronos Reach 100 Dollars?

PricePrediction and Telegaon experts believe that CRO can go beyond $80 in 2050.

How High Can Cronos Go?

Most crypto analysts are bullish on CRO. According to PricePrediction, Cronos can hit a maximum of $83 in 2050.

What Is the Price Prediction for CRO in 2024?

DigitalCoinPrice experts believe that the maximum price CRO coin can hit in 2024 is $0.18.

What Will CRO Coin Be Worth in 2025?

According to DigitalCoinPrice, in 2025 CRO coin can hit a maximum of $0.2.

How Much Will Cronos Cost in 2027?

Telegaon expects that in 2027 Cronos will reach a maximum of $2.87.

How High Can CRO Go in 2030?

It depends on market forces. Bullish predictions put the CRO price in 2030 range from $0.6 to $8.5.

What Will CRO Be Worth in 2040?

PricePrediction believes that in 2040 the highest price CRO can hit is $58.4.

How Much Is Cronos Worth in 2050?

According to PricePrediction experts, in 2050 Cronos will cost $83 at its peak.

Does Cronos Have a Future?

Many experts believe that it does. However, a lot will depend on the development of the crypto market and the acceptance of Cronos as a digital asset.

How Many Coins Will CRO Burn?

There were originally 100 billion CRO, but around 70% of that has been burned, leaving a total supply of around 30 billion, of which 26 billion are currently circulating. Cronos plans to burn even more tokens as time goes by.

Is CRO Worth Buying?

It could be if you believe in the future of the Crypto.com platform.

Conclusion

A decentralized blockchain and access to the Crypto.com product suite are two features that the Cronos ecosystem offers to crypto enthusiasts. It offers flexible payment options that are intended to be acquired and used, along with profitable trading and investment options to bring in money. This creates a sustainable ecosystem that has the potential to hasten the global adoption of cryptocurrencies.

Where to Buy Cronos (CRO) Crypto?

StealthEX is here to help you buy CRO crypto if you’re looking for a way to invest in this cryptocurrency. You can buy CRO privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy CRO Coin: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to CRO. 
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.