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Crypto.com Coin

CRO

4.4

Price
$0.12
9/25/2022, 12:21:18 AM
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Market

Market stats

Market cap

$3.0B

Volume (24h)

$54.5M

Circulating supply

25.3B CRO

Typical hold time

118 days

Popularity

#21

All time high

$0.97

Price change (1h)

+1.1%

Price change (24h)

-4.41%

Price change (7d)

+7.61%

Trading activity

95% Buy0% Buy
5% Sell100% Sell

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Crypto.com Coin is on the rise this week.

The price of Crypto.com Coin has risen by 7.61% in the past 7 days. The price declined by 4.41% in the last 24 hours. In just the past hour, the price grew by 1.10%. The current price is $0.11905 per CRO. Crypto.com Coin is 87.73% below the all time high of $0.97.

The current circulating supply is 25,263,013,692 CRO.

About

Crypto.com Chain is an Ethereum token that powers Crypto.com Pay, a service that aims to allow users to pay for goods and services with cryptocurrency while receiving cashback rewards.

What Is Crypto.com Coin (CRO)?

Crypto.com Chain was developed to ease the global adoption of crypto as a form of payment. This adoption is achieved by enabling transactions between customers and merchants worldwide. The chain aims to be a next-generation public blockchain solution. Crypto.com Chain is intended to meet the requirement of widespread ease of integration and fast settlement of cryptocurrency in the real world. 

As per the whitepaper, the blockchain mainly acts as a vehicle that powers the Crypto.com Pay mobile payments app. Crypto.com Chain powers the application in terms of usability, payment, and trading and supports any financial service. Crypto.com Chain is a tendermint software-based protocol launched by Crypto.com. Tendermint is software that replicates an application securely and consistently on many machines, i.e., the software works in the same state even if one-third of the machines fail.

CRO is the native token of Crypto.com and fuels the ecosystem of Crypto.com. 

Crypto.com Chain utilizes the Cosmos SDK and Tendermint Core’s Byzantine fault tolerance (BFT) consensus mechanism. The Cosmos SDK is a framework for building blockchain-based applications. BFT ensures that a distributed network will continue to operate even when some of the nodes in the network fail to respond or function maliciously. 

Crypto.com Chain uses four distinct node types: council, acquirer, settlement, and community nodes. The nodes maintain the consensus and the overall security in the network. Council nodes, also known as validator nodes, are used by Crypto.com Chain and third-party entities by meeting the minimum staking requirements and other essential criteria. Validator nodes are mainly used to execute settlements and verify all crypto transactions on the network. Next, acquirer nodes are used to settle transactions on behalf of merchants or customers. A settlement agent node is intended to provide price stability and traditional currency payout for merchants. Lastly, community nodes are set to achieve public participation and evaluation of the transactions. Crypto.com allows customers and merchants to set up community nodes with the ability to read and process data on the network and settle among themselves. Community nodes are used when an individual community member’s transaction is to be settled by the community members. Crypto.com is thus constructed on a rigid foundation of security, privacy, and compliance.

History of Crypto.com (CRO)

The Crypto.com Coin (CRO) is the native token of the Crypto.com Chain, developed by CRO Protocol Labs. Crypto.com is a Hong Kong-based payment and cryptocurrency platform. The company was cofounded by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao in June 2016. The whitepaper of CRO was published on November 20, 2018.

Kris Marszalek, the CEO, is an alumnus of the Polish Adam Mickiewicz University. Before starting Crypto.com, he founded and headed BEECRAZY.com, YIYI Hong Kong Limited, and Starline Polska Sp. z o.o. 

Rafael Melo is an engineer from the PUC-Rio. His 15-year-long career in finance with major companies in Asia helped him in securing a fund of over 50 million AUD (38 million USD approx.) for the Ensogo social commerce website. 

Gary Or has nine years of full-stack software engineering experience. Before cofounding Crypto.com, he worked as a platform architect at Ensogo and cofounded the mobile app development firm Foris.

Bobby Bao has experience in investment banking, corporate development, and investor relations. Prior to launching Crypto.com, he headed corporate development at Ensogo and also served as an investment banker at China Renaissance. 

Initially, the tokens were distributed only via secondary distribution, i.e., there was no ICO, no presale, and no Public sale. The tokens were initially used as network fee incentives and progressively started distribution on networks at prevailing market prices. 

The maximum total supply is 100,000,000,000 CRO tokens. 

How Are New CROs Created?

CROs, like other cryptocurrencies, can be mined using GPUs and ASICs. One can also earn CROs via staking and as transactional bonuses awarded by Crypto.com. On the Crypto.com Chain, CRO owners can stake their coins to act as a validator and receive processing fees for their contributions. Additionally, transaction fees can be paid as CRO coins on the Crypto.com Chain.

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Social

Crypto.com Coin on social media.

Crypto.com Coin was mentioned in 6,510 out of 1,542,865 social media posts on Twitter and Reddit on Sep 23, 2022. 5,728 unique individuals are talking about Crypto.com Coin and it is ranked #41 in most mentions and activity from collected posts.

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Key indicators

Contributors

5,728 people

Posts

6,510 posts

Dominance

0.42%

Volume rank

#41

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FAQ

What is the current price of Crypto.com Coin?

The price of 1 Crypto.com Coin currently costs $0.12.

What is the market cap of Crypto.com Coin?

The current market cap of Crypto.com Coin is $3.01B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Crypto.com Coin?

The all-time high of Crypto.com Coin is $0.97. This all-time high is highest price paid for Crypto.com Coin since it was launched.

What is the 24 hour trading volume of Crypto.com Coin?

Over the last 24 hours, the trading volume of Crypto.com Coin is $54.52M.

What other assets are similar to Crypto.com Coin?

Assets that have a similar market cap to Crypto.com Coin include Litecoin, Chainlink, FTX Token, and many others. To see a full list, see our comparable market cap assets.

How many Crypto.com Coin are there?

The current circulating supply of Crypto.com Coin is 25 billion.

What is the typical holding time of Crypto.com Coin?

The median time that Coinbase customers hold Crypto.com Coin before selling it or sending it to another account or address is 118 days.

What is the relative popularity of Crypto.com Coin?

Crypto.com Coin ranks 19 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Crypto.com Coin?

Currently, 95% of Coinbase users are buying Crypto.com Coin. In other words, 95% of Coinbase customers have increased their net position in Crypto.com Coin over the past 24 hours through trading.

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