Can CRO reach $100, $50, $10 or $1?
| Metric | Value | Trend |
|---|---|---|
| Current Price | $0.102 | Higher |
| Trading Volume | $36.2 M | Steady |
Cronos (CRO) is the native cryptocurrency of the Cronos Chain, a decentralized, open-source blockchain developed by Crypto.com, a company known for its payment, trading, and financial services. The Cronos Chain is part of Crypto.com’s suite of solutions aimed at boosting global cryptocurrency adoption. This initiative focuses on enhancing personal financial control, safeguarding user data, and protecting identities. The CRO token primarily powers the Crypto.com Pay mobile payments app, facilitating transactions within this ecosystem.
Cronos Price Performance So Far| Last 7 Days | +31.0% |
| Last 1 Month | +23.3% |
| Last 12 Months | -28.9% |
| Quality Of Investment | Poor |
Cronos Coin – Buy or Sell? Select One
- Nov 1st: -33%
- Nov 4th: -37%
- Dec 14th: -13%
- Jan 14th: -10%
- Feb 13th: -17%
- Feb 25th: -77%
- March 25th: -20%
Latest CRONOS News
- March 25th: Trump Media announced a partnership with Crypto.com to launch three ETFs. The collaboration between Crypto.com and Truth Social will introduce a BTC ETF, a BTC/ETH ETF, and a unique ETF basket featuring BTC, ETH, SOL, CRO.
- Cronos zkEVM v26 Mainnet will undergo an upgrade on March 26th at 7:00 AM UTC. the upgrade will introduce Smart Account SSO – simplifying logins with Google, Apple ID, or email. It will also lay the foundation for the ZK Gateway, setting the stage for fast ZK-chains interoperability. During the upgrade, 1-2 hours of downtime is expected.
- Feb 25th: Cronos integrated Layer Zero. Crow With Knife became the first project on Cronos Chain to use Layer Zore Omnichaiin Fungibe Token (OFT) protocol.
- Jan 14th: The Cronos zkEVM mainnet upgrade originally planned for 9 Jan 2025 has been rescheduled to incorporate the latest enhancements. The revised timeline is yet not provided.
Can CRO Reach $100?
No, CRO cannot reach $100 even if a large number of Tokens are destroyed, read on.
To reach $100, CRO will need to rise 1,206x.
At $100, the target market cap will be approximately $2.66 trillion.
If CRO were to rise at the pace of 25%, it will take approximately 32 years to reach $100.
Let us Evaluate this data
- Quality of Investment– Poor
- Time and Growth required to reach $100– Not Feasible
- Market Cap at $100– Not Feasible
Considering the Quality of Investment, growth required, and time required, CRO has no chance of reaching $100.
Will CRO Reach $50?
To reach $50, CRO will need to rise 603x.
At $50, the target market cap will be approximately $1.33 trillion.
If CRO were to rise at the pace of 25%, it will take approximately 29 years to reach $50.
Let us Evaluate this data
- Quality of Investment– Poor
- Time and Growth required to reach $50– Not Feasible
- Market Cap at $50– Not Feasible
Considering the Quality of Investment, growth required, and time required, CRO has no chance of reaching $50.
Given the analysis so far, numerous Token and Liquidity factors are barriers to CRO’s ability to reach $50. The only realistic scenario is if more than half of CRO Tokens are burnt. This would then increase the chances of CRO’s ability to reach $50.
Can CRO Reach $10?
To reach $10, CRO will need to rise 121x.
At $10, the target market cap will be approximately $265.93 billion.
If CRO were to rise at the pace of 25%, it will take approximately 22 years to reach $10.
Let us evaluate this data
- Quality of Investment– Poor
- Time and Growth required to reach $10– Not Feasible
- Market Cap at $10– Not Feasible
The aggregated CRO Price Prediction for 2030 is $0.708. This is significantly lower than the target of $10. Therefore, Considering the Quality of Investment, growth required, and time required, Cronos has no chance of reaching $10. However, a 50-75% burn could make this more feasible.
Will CRO Reach $1?
To reach $1, CRO will need to rise 12x.
At $1, the target market cap will be approximately $26.59 billion.
If CRO were to rise at the pace of 25%, it will take approximately 12 years to reach $1.
To Summarize
- Quality of Investment– Poor
- Time and Growth required to reach $1– Feasible
- Market Cap at $1– Feasible
The aggregated CRO Price Prediction for 2030 is $0.708. This is above the target of $1. Therefore, Considering the Quality of Investment, growth required, and time required, Cronos has a good chance of reaching $1.
There are multiple factors to consider regarding whether CRO could reach $1.
- Use Cases and Competitive Advantage: Looking at CRO’s market share in NFTs, Gaming, and DeFi, it is at best a moderate case of Investment. Therefore, it is unlikely to rise beyond 25% per annum in normal circumstances. This is an area that the Cronos team is working on by encouraging a large number of Dapps to operate on their platform. If one or more of these Apps take off, Cronos’ numbers could look very different.
- Macroeconomics and Liquidity: It is highly unlikely that we will have another COVID-like event anytime soon. In that case, it is unlikely that liquidity will reach the levels of 2020-21. Therefore, Cryptocurrencies are unlikely to grow at logic-defying levels in the future.
- Regulatory factors: It is highly likely that as cryptocurrencies consolidate, regulation will rise. Tokenomics which has been a grey area will have more oversight which also means that growth could be more moderate and realistic.
Compare whether Cronos CRO is a better or worse investment option than other Cryptocurrencies
Note: Please consult a registered investment advisor to guide your financial decisions.
