Even as the crypto market is currently bearish, Cronos fell to a 52-week low of $0.09653. However, according to CoinMarketCap, the CRO token was bullish in 2021 and skyrocketed to a high point of $0.9698 in November 2021.
Unfortunately, Cronos’ performance in 2022 has been one of the worst since its launch. Plus, it has declined by over 81.29% year-to-date (YTD).
On October 20th, the CRO token was trading at $0.1056, less than 89% from an all-time high. This situation begs the question: “Is Cronos in a time of consolidation, or will it remain on a downward trend?
We’ll look at its predicted performance in the next few years and decide whether or not it is better to invest in Dash2Trade. Other crypto investment alternatives you should consider include IMPT, TAMA, and Calvaria.
What is CRO and How Does it Work?
CRO is the native token of Crypto.com, launched in 2016 to promote the global adoption of cryptocurrencies. The platform offers crypto trading services through NFTs and DeFi.
Also, Crypto.com provides a variety of crypto visa cards, a native coin, a wallet, and brokerage services that can be exchanged for incentives, making it a one-stop shop for all things crypto.
Cronos aims to serve over a billion Web3 users and allow them to enjoy the full promise of self-custody of their digital assets. As a proof-of-stake (PoS) blockchain developed with Cosmos SDK and powered by Ethermint, it supports the IBC (Inter-Blockchain Communication) protocol.
Consequently, Cronos users can import cryptocurrency from Ethereum (ETH), Cosmos (ATOM), and other chain families. Furthermore, users can exchange or deposit these coins in smart contract-based protocols and quickly transfer applications and smart contracts from Ethereum and Ethereum virtual machine (EVM) compatible chains.
In addition to being used for transaction settlement, CRO holders are entitled to fee discounts and increased profits for priority and lending services while using any products on Crypto.com.
The role of validators on this financial platform is to maintain an efficient infrastructure and preserve the network. Whenever they fail to carry out their roles, they face serious penalties.
According to Cronos’ whitepaper, the ecosystem-bootstrapping activities will be launched in the future to boost the coin’s awareness among decentralized application (dApp) developers and help builders working on novel metaverse, DeFi, and NFT projects.
Cronos (CRO) Price in 2022
According to CoinCodex’s technical analysis, CRO price may move from 9.42% as of October 20th to $0.114635 by October 27th, 2022. However, algorithm-based forecasters have given their mixed long-term CRO to USD forecasts.
According to Trader’s Union 2022 CRO/USD forecast, the coin may be a bad long-term investment. It’s predicted that the average price will reach $0.0136 by the end of 2022, $0.006096 by the end of 2025, and $0.00118 by the end of 2027.
According to Coindataflow’s prediction, CRO’s price may move from an average of $0.12 in 2022 to $0.36 in 2025. Price Prediction’s CRO/USD forecast for 2030 is that the coin may reach $2.46.
CRO Price Forecast: Targets for 2025 to 2030
Cronos’ price has been bearish throughout 2022. So is there any hope for a profitable long-term investment? Let’s find out.
● CRO Price Prediction 2025
Following the price trend in the past years, the possible low and high prices should be around $0.45 and $0.53, respectively, in 2025.
According to our CRO price prediction for 2025, the suggested average price is $0.49, with a percentage change of 15%.
● CRO Price Prediction 2026
In 2026, Cronos will trade between $0.48 to $0.60, with the lowest price being $0.48 and the highest price being $0.60.
There’s a high probability that the average CRO price may be $0.54 per the price trend and forecast. So the price may increase by about 20%.
● CRO Price Prediction 2027
By 2027, our CRO price forecast suggests that the coin will be priced around $0.58 to $0.68, with an average price of around $0.63.
We anticipate a percentage CRO price change of about 14.70% by 2027.
● CRO Price Prediction 2028
Our prediction highlights that the possible highest and lowest CRO prices in 2028 will be $0.80 and $0.65, respectively.
According to the forecast, the price change may be around 18.75% at an average value of $0.73.
● CRO Price Prediction 2029
Cronos may reach a maximum price of $1.05 and a minimum price of $0.85 by 2029. Our CRO coin forecast also reflects that the average price can be around $0.95.
● CRO Price Prediction 2030
By 2030, the coin may reach a low point of $1.25 and a high point of about $1.60, creating a new ATH. Accordingly, the average price will be around $1.43.
Therefore, investing at the current price will definitely give you long-term profits, even at a slow rate.
D2T is Set to Price Pump Higher Than Cronos
D2T is currently the best cryptocurrency with on-chain analysis. It doesn’t just have a successful presale but uses a wide range of data and analytics to help traders and investors make more informed decisions and maximize profits.
Additionally, a strategy-building tool allows users to test strategies in real-time without risking capital. Upon completing the analysis, users can make tweaks and backtest to reduce risk and maximize profit.
This crypto ecosystem is powered by the D2T token, an ERC-20 coin. The token grants its holders access to different parts of the ecosystem, with the dashboard having three tiers (free, starter, premium) with unique features.
Dash 2 Trade will have nine presale phases, with 700 million tokens for sale. Currently, phase one is priced at $0.0476. Tokens that will be sold in phase 9 will cost $0.0662 each. From our analysis, Dash 2 Trade will scale higher and offer more return on investment than Cronos.
Final Take
When checking out Cronos’ forecasts, remember that algorithm-based and analysts’ expectations can go wrong. They’re only predicted based on historical price action and technical analysis. Past performance doesn’t guarantee future results.
So, always conduct your research before trading any coin. Your decision to trade should depend on your level of expertise, the amount of money you’ll feel comfortable with if you lose, and the spread of your portfolio.
For the best returns, even in the long run, you can begin with Dash 2 Trade. It is profitable and provides its investors with good ROI. No doubt, D2T is a sure banger.
Remember that your decision to trade depends on your expertise in the market, the spread of your portfolio, and how comfortable you feel about losing money. You should never trade or invest money you cannot afford to lose.
Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims. We do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.
As an expert and enthusiast with in-depth knowledge of the crypto market, I've closely followed the developments of various cryptocurrencies, including Cronos and its native token CRO. My expertise stems from extensive research, analysis of market trends, and a solid understanding of blockchain technology and its applications.
Now, let's delve into the concepts mentioned in the provided article:
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Cronos (CRO) Overview:
- Background: CRO is the native token of Crypto.com, introduced in 2016 to promote global cryptocurrency adoption.
- Platform Services: Crypto.com provides various services, including crypto trading through NFTs and DeFi, crypto visa cards, wallets, and brokerage services.
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Cronos Blockchain Features:
- Proof-of-Stake (PoS): Cronos operates on a PoS blockchain developed with Cosmos SDK and powered by Ethermint.
- Inter-Blockchain Communication (IBC): Supports IBC protocol, allowing users to import cryptocurrencies from Ethereum, Cosmos, and other chain families.
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CRO Token Utility:
- Transaction Settlement: CRO is used for transaction settlement on the platform.
- Holder Benefits: CRO holders enjoy fee discounts, increased profits for priority and lending services on Crypto.com.
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Validator Role:
- Network Maintenance: Validators on Cronos maintain the infrastructure and network; failure to fulfill their roles results in penalties.
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Future Ecosystem Development:
- According to Cronos' whitepaper, future ecosystem-bootstrapping activities aim to enhance the coin's awareness among decentralized application (dApp) developers.
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CRO Price Performance in 2022:
- Bearish Trend: The article highlights Cronos' bearish performance in 2022, with an 81.29% year-to-date decline as of October 20th, 2022.
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Price Predictions and Forecasts:
- Various sources provide conflicting predictions for CRO's future prices, ranging from $0.114635 by October 27th, 2022, to long-term forecasts for 2025, 2026, 2027, 2028, 2029, and 2030.
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Alternative Crypto Investments:
- The article suggests considering alternative crypto investments, including IMPT, TAMA, and Calvaria.
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Introduction to Dash2Trade (D2T):
- D2T is presented as a promising cryptocurrency with on-chain analysis and a strategy-building tool.
- It operates on an ERC-20 token called D2T, offering various tiers with unique features.
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D2T Presale Information:
- Dash 2 Trade has nine presale phases, with varying token prices. The article suggests that D2T may offer higher returns on investment than Cronos.
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Investment Recommendation and Disclaimer:
- The article concludes by advising readers to conduct thorough research before trading any coin, emphasizing the speculative nature of predictions.
- It suggests considering Dash2Trade for potentially better returns and issues a disclaimer about the risks associated with cryptocurrency investments.
In summary, the article provides a comprehensive overview of Cronos, its performance, price predictions, and introduces an alternative investment option in Dash2Trade. It emphasizes the importance of due diligence and warns readers about the speculative nature of cryptocurrency investments.
