Brian Njuguna

Is Crypto.com coin (CRO) a good investment What is Crypto.com coin (CRO) The Crypto.com coin (CRO) is a cryptocurrency launched in 2016 by Bobby Bao, Kris Marszalek, Gary Or and Rafael Melo. Generally, the CRO coin is Crypto.com’s native token. The Crypto.com Chain is an open-source and decentralized blockchain created by the Crypto.com trading, financial services and payment Company. The cryptocurrency offers investors and traders a lot of benefits within the ecosystem. These benefits mainly aim at promoting the mass adoption of cryptocurrency use mainly CRO. Crypto.com blockchain offers investors and traders the chance to sell and buy with debit cards and fiat currency. In addition, the blockchain also provides users with the ability to lend, borrow and even trade. Furthermore, Crypto.com also has its non-custodial wallet. Usually, CRO coins are limited to a total supply of 30 billion coins. This comes as a result of 70 billion CRO coins being burned, making the burn the largest in crypto history. There are 10.4 billion CRO coins that are locked in smart contracts. The latter category of coins will be burned as they are unlocked monthly. The CRO coins supply is allocated as follows capital 20%, long-term incentives 20%, community development 10%, ecosystem grants 20%. The network will release the last 30% for different incentives. The CRO coin usually powers its blockchain. Users can use the Crypto.com coin as an intermediary currency. Furthermore, you may opt to convert the coin into fiat if affordable rates are present. However, the CRO coin was initially created as an ERC20 reward token. Generally, the Crypto.com blockchain is designed to make crypto payments easier. In addition, the blockchain makes payments accessible and affordable to every user. The blockchain has immediate payment confirmations, thus supporting maximum scalability. The blockchain supports 50,000 transactions in a second, and confirmations take less than one second. Crypto.com coin (CRO) price history January 2019- December 2019 During the start of this period, the CRO coin’s price was $0.02. In February, the price reduced significantly to $0.0129. The coin’s price continued to depreciate to $0.0125. In April the price appreciated to $0.044.The coin’s price increased in May, to $0.073. The coin’s worth depreciated in June to $0.07. In July, the coin’s price also decreased to $0.061. The coin’s worth continued to decline in the months that followed. In August, the Crypto.com coin new value was $0.059. The coin’s cost was $0.039 and $0.0357, respectively, in September and October. In November, CRO’s price increased slightly to $0.037.However, the coin’s price decreased to $0.027 in December. During this period, CRO’s minimum worth was $0.0119, which the coin attained in February. On the other hand, the coin attained the highest price in July, which was $0.155. January 2020- December 2020 This period started with CRO averaging a price of $0.034 in January. The price appreciated to $0.053 in February. Nonetheless, CRO’s price decreased in March to $0.052. The cryptocurrency’s price reduced in April to $0.0489. However, CRO’s price started to increase in the new months that followed. The coin’s average price in May was $0.058. The coin’s worth in June also increased to $0.085. In July, the coin’s price skyrocketed to $0.125. Crypto.com coin’s price continued rising in the next two months. In August, Crypto.com coin’s price was $0.164. In September, CRO’s value also increased to $0.179. In October, CRO’s was averagely worth $0.152. The coin’s price further reduced in November to $0.084. The coin’s value even further reduced in December to $0.07. In 2020, Crypto.com coin’s price was highest in August and lowest in March. The highest value achieved was $0.201. On the other hand, the lowest value that the coin attained was $0.025. January 2021-December 2021 This period began with CRO’s price averaging at $0.059 in January. Nevertheless, the coin’s average price increased in the next three months. In February, the coin’s was $0.063. The Crypto.com coin’s price was $0.134 and $0.216 in March and April. However, in May, the coin’s price depreciated to $0.198. CRO’s value also decreased in June to $0.126. In addition, the coin’s value continued to decline and was worth $0.115 in July. However, the coin’s value started to appreciate. In August, Crypto.com coin’s price increased to $0.1298. The coin’s price continued to grow, and its price in September was $0.154. In October, the coin’s price was $0.1589. This price continued to elevate, and the coin’s value in November was $0.212. In December, Crypto.com coin’s price skyrocketed to $0.689. The coin attained its lowest price in January. CRO’s highest and lowest prices in this period were $0.969 and $0.058, respectively. Crypto.com coin (CRO) price history summary Undoubtedly, based on CRO's price history, you can understand the token's history price trajectory. For that reason, the table below is the detailed Crypto.com (CRO) history price from January 2019 to December 2021. Year Maximum price Minimum price January 2019-December 2019 $0.155 $0.0119 January 2020- December 2020 $0.201 $0.025 January 2021- December 2021 $0.969 $0.058 Comparison between Crypto.comcoin (CRO) and other cryptocurrencies Crypto.com (CRO) Vs. Binance coin (BNB) The Binance coin (BNB) is among the top cryptocurrencies, and it has a market cap of $100 billion. Mostly, traders and investors use BNB to enjoy discounted trading fees and stakes as they enjoy huge fee discounts. BNB will continue to serve as one of the most common cryptocurrencies to investors and traders who prefer safe investments. The CRO coin is a newcomer compared to BNB. Crypto.com has a lot of potentials, including dedicated merchant support, instant transactions, and low fees. The Crypto.com blockchain also possesses a decentralized nature, thus ensuring security and privacy. Due to these features, the CRO coin value will likely propel into the stratosphere. Both CRO and BNB coins are investment options for investors like you. Therefore, you may compare them before deciding to invest. The reason to state this is because they may appeal to different traders for significant, unlike reasons. However, if you want access to spending rewards, low trading fees, versatile cards and impressive interest rates. Crypto.com (CRO) Binance coin (BNB) A maximum supply of 30.26 billion CRO coins. A maximum of 200 million BNB tokens. There is mining capability. There is no mining capability. Crypto.com Chain supports 50,000 transactions per second. The Binance Exchange facilitates more than 1.4 million transactions per second. Has a market cap of $11.614 billion. Has a market cap of $77.105 billion. Crypto.com (CRO) Vs. Bitcoin Bitcoin is one of the most common cryptocurrencies that many investors have traded. Investors enjoy a significant advantage when investing in Bitcoin because the Bitcoin transactions are pseudonymous. Furthermore, Bitcoin transactions are irreversible and mobile. The CRO coin is a newcomer in the market as compared to Bitcoin. There is mining capability for both Bitcoin and the Crypto.com (CRO) coin. Therefore, we may state that Bitcoin has been very stable in the market compared to Crypto.com (CRO). However, you should note that cryptocurrencies are volatile assets, and Bitcoin is not exempt. , then CRO is your better decision. Crypto.com (CRO) Bitcoin (BTC) A maximum supply of 30.26 billion CRO coins. Bitcoin has a maximum supply of 21 million coins. There is mining capability. There is mining capability. Crypto.com Chain supports 50,000 transactions per second. Bitcoin blockchain usually process approximately seven transactions per second. Has a market cap of $11.614 billion. Has a market cap of $790.84 billion. Crypto.com (CRO) Vs. Avalanche (Avax) Both Crypto.com (CRO) and Avalanche (Avax) are known best for payments. Traders tend to compare cryptocurrencies before deciding which cryptocurrency to invest. However, you should note that both are better cryptocurrencies depending on the criterion you differentiate them. Between the two cryptocurrencies, you can mine Crypto.com (CRO). On the other hand, there is no mining capability for Avalanche (Avax). Here is a simple comparison of Crypto.com (CRO) and Avalanche (Avax). Crypto.com (CRO) Avalanche (Avax) Crypto.com Chain supports 50,000 transactions per second. Avalanche can process over 4,500 transactions per second. There is mining capability. There is no mining capability. A maximum supply of 30.26 billion CRO coins. Has a supply of 720 million coins. Has a market cap of $11.614 billion. Has a market cap $20,409,361,886. What do people think about Crypto.com coin (CRO) Many people think that cryptocurrencies are highly volatile assets. However, many traders and investors believe that cryptocurrencies are associated with high gains and thus the need to invest, and the Crypto.com coin (CRO) is not exempt. According to many investment agencies, the CRO coin will continue to appreciate. Therefore, traders hope that investing in Crypto.com coin (CRO) is not a wrong move. In addition, some people have concluded that the CRO coin is the best cryptocurrency to invest. However, these people who have come to this conclusion are the people who have done extensive research on CRO. There are some things that you may consider people choosing to invest in CRO instead of another cryptocurrency. Some of these things are possible return on investment, utility, network effect and community acceptance. People also think that the Crypto.com coin has been stable since joining the market. Therefore, many do not fear investing in CRO. However, many cryptocurrencies have failed in the past. There are high chances that there will be other cryptocurrencies that will fail in the future. In addition, cryptocurrencies are very volatile assets. You may make high profits or even incur significant losses. Therefore, you should invest what you can afford to lose. Moreover, it would help if you carried out extensive research on CRO or any other cryptocurrency you want to invest. Frequently asked questions Where to buy Crypto.com Coin (CRO) You may buy Crypto.com in some of the best exchanges that offer the coin’s swap. These online exchange platforms are Bexplus, OKEx, Huobi Global, and Bittrex. Nevertheless, it would help to compare some of the crucial traits before hurriedly choosing the online exchanges. One of the aspects that you may look into is transaction costs. In addition, you may also look at the trading pairs that the exchanges provide. However, Bexplus is considered by many investors and traders to be the best exchange where a potential trader can buy, sell or invest Crypto.com coin. How to mine Crypto.com coin (CRO) It is very straightforward for you to mine CRO. You can mine CRO by investing in the ASIC mining setup. However, you may also mine CRO with your computer or an android device back home. As a beginner, you can mine at home and then later invest in GPU. However, you cannot mine Crypto.com on your iPhone. Apple restricts mining via their products due to some of the cons of mining CRO. Investing in an ASIC mining setup is the best way to mine CRO due to its faultless parameters for this task in conjunction with high efficiency. Should I buy Crypto.com coin (CRO) CRO has been performing very well in the market over the last twelve months. Many investment agencies have also associated the coin with an increase in its worth in the future. Therefore, there might be a need for you to buy and invest in Crypto.com (CRO). However, you should note that cryptocurrencies are very volatile. Therefore, you should perform extensive research on Crypto.com (CRO) before investing. You should also choose an online exchange platform that offers satisfactory exchange rates and trading pairs to clients. The best exchange platform is Bexplus. What is the future trend of Crypto.com coin (CRO) As earlier stated, cryptocurrencies are volatile assets. However, many investment agencies have associated Crypto.com (CRO) coin with an increase in its value in the next few years. Let us take Trading Beast's prediction for Crypto.com (CRO) as an example Year Maximum Price Minimum Price 2022 $0.768 $- $0.836 $- $0.892 $- $1.037 $0.616 Summary The Crypto.com coin (CRO) is a cryptocurrency launched in 2016 by a group consisting of Bobby Bao, Kris Marszalek, Gary or and Rafael Melo. The CRO coin is one of the most famous cryptocurrencies, and it ranks eighteenth among the other cryptocurrencies. Investors have continued to invest in the CRO coin. One of the reasons that have made people invest in the coin is due to its success in the market. Moreover, according to many investment agencies, CRO’s value will continue appreciating in the future. Therefore, we may urge you to invest in cryptocurrency. However, it would be best to carry out your research before investing in CRO or any other cryptocurrency. This is because cryptocurrencies are very volatile assets. In addition, please invest what you don’t mind losing.