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Cronos Price Prediction 2024: What is Cronos (CRO)?

Last Updated January 18, 2024 1:41 PM
Peter Henn
Last Updated January 18, 2024 1:41 PM

Key Takeaways

  • Cronos, the Crypto.com exchange’s native token, has shot up since late October. 
  • The price movement comes off of a relative period of quiet for Crypto.com.
  • Can CRO continue its momentum?
  • Some experts believe that CRO could reach $0.18 by the end of 2024.

The cryptocurrency Cronos (CRO) has seen significant gains over the latest months growing in the whole of 2023. This substantial uptick comes despite relatively little news or developments related to Crypto.com, the payment and trading platform behind the Cronos blockchain and CRO token. Crypto.com has kept a low profile since announcing a partnership with PayPal and Paxos on September 28 to support PayPal’s stablecoin PYUSD.

The lack of major announcements from Crypto.com makes CRO’s spontaneous price surge even more puzzling.

Recently, it came under the media spotlight as collapsed exchange FTX and Alameda have jointly moved a variety of tokens into Coinbase, totaling a value of $13.99 million. This assortment of tokens includes Ethereum (ETH), Crypto.com Coin (CRO), Math (MATH), Maple (MPL), and Bluzelle (BLZ).

Despite these significant transfers, wallet addresses  belonging to FTX and Alameda continue to hold cryptocurrency assets valued at more than $278 million. Among these, the most substantial holding is 25 million Worldcoin (WLD) tokens, worth around $77.7 million.

But what is Cronos (CRO)? How does Cronos work? Let’s take a look and see what we can find out, and also examine some of the Cronos price predictions that were being made on January 18, 2024. 

Cronos did not immediately respond to a request for comment

Cronos Coin Price Prediction 

Let’s examine some of the price predictions being made on January 18, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2030
Prediction #1 $0.18 $0.22 $0.60
Prediction #2 $0.1492 $0.2228 $1.27
Prediction #3 $0.17 $0.20 $0.705

First, CoinCodex  made a short-term Cronos price prediction, which suggested that there were good things in store for the crypto over the coming weeks. The site said that it should be worth $0.087303 on January 23 and $0.094686 on February 18.

Cronos Price Prediction for 2024

DigitalCoinPrice  said CRO would be worth $0.18 this year, while PricePrediction.net  said it would get to $0.1492. CryptoPredictions.com , meanwhile, said that Cronos would close the year at around $0.17.

Cronos Price Prediction for 2025

CryptoPredictions.com said Cronos would close 2025 at $0.20. DigitalCoinPrice said it would be worth $0.22 and PricePrediction.net suggested it could stand at $0.2228 next year.

Cronos Price Prediction for 2030

Moving on to a more long-term Cronos price prediction, PricePrediction.net said CRO could be worth $0.60 by 2030. DigitalCoinPrice forecasts it to be worth $0.63. Bitnation ‘s CRO price prediction put it down as being worth $0.78 at the start of the next decade.

Google BardAI Price Prediction for Cronos (as of January 18)

Google’s BardAI platform gave the following price prediction for Cronos on January 18. Please remember that price predictions are very often wrong, and that artificial intelligence should not be trusted.

Short-Term (2024)

  • Predicted price: $0.164
  • Reasons:
    • Increased adoption of Cronos by developers and businesses: Cronos is a fast, scalable, and cost-effective blockchain platform that is well-suited for developing decentralized applications (dApps). As more developers and businesses adopt Cronos, the demand for its native token, CRO, will increase, which could drive up its price.
    • Growing popularity of the Cronos ecosystem: The Cronos ecosystem is growing rapidly, with a number of new projects being launched on the platform. This increased activity could further increase the demand for CRO.
    • Positive news and events: Positive news and events, such as partnerships, integrations, and new listings, could also boost the price of CRO.

Medium-Term (2025)

  • Predicted price: $0.354
  • Reasons:
    • Increased adoption by businesses and developers: If more businesses and developers start using Cronos, the demand for the token will increase, which could drive up the price.
    • Release of new features and products: If Cronos releases new features and products that are popular with users, the demand for the token could increase, which could also drive up the price.
    • Overall cryptocurrency market growth: If the overall cryptocurrency market grows in 2025, Cronos could benefit from this growth, as more people may invest in cryptocurrencies.

Long-Term (2026-2030

  • Predicted range: $0.422 to $1.105
  • Reasons:
    • The overall health of the cryptocurrency market: If the cryptocurrency market continues to grow and attract more investors, Cronos could see a price increase.
    • The adoption of Cronos by businesses and institutions: If more businesses and institutions start using Cronos, the demand for the token could increase, leading to a price increase.
    • The development of new Cronos-based applications and projects: If new and innovative applications are developed on the Cronos blockchain, the demand for Cronos could increase, leading to a price increase.

It added: “It is important to note that these are just predictions, and the actual price of CRO could be higher or lower. Cryptocurrency markets are volatile, and there are many factors that could affect the price of CRO. However, the factors listed above are all positive signs for the future of MATIC, and it is likely to continue to be a major player in the cryptocurrency industry.

“Please do your own research before making any investment decisions.”

CRO Price History

It’s now time to take a look at some of the ups and downs of the Cronos price history . While past performance should never be taken as an indicator of future results, having some understanding of what the token has done in the past can help give us some very useful context if we want to either make or interpret a Cronos price prediction.

When CRO first came onto the open market in December 2018, it was worth about $0.0153.

The coin was able to grow slowly and steadily over the next few years, reaching $0.1785 at the end of August 2020. Having dropped in the last few months of 2020, early 2021 saw the crypto caught up in the excitement of a blooming crypto market, and it peaked at $0.2452 in the middle of April.

The coin fell in the summer but recovered in the autumn, hitting an all-time high of $0.9698 on 24 November 2021 before it dropped to close 2021 at $0.5575. 

While 2021 had been an encouraging year for CRO and the wider crypto market, 2022 was very much a year everyone would like to forget.

While the coin may have rebranded  from Crypto.com to Cronos, it was not enough to counteract the effects of a series of market crashes, with the coin reaching a low of $0.05629 on 14 November in the wake of the collapse of the FTX exchange and closing the year at $0.05576 having fallen by nearly 90% throughout 2022. 

Cronos in 2023 and 2024

CRO chart
Cronos price performance in 2023 and 2024 so far

2023 has not been a great year for CRO either. Cronos initially rallied, reaching a high of $0.09287 on 21 February, but then the US institutional announcement saw it drop to a low of $0.05072 on June 10.

The news that an American court had found Ripple’s XRP crypto was not a security if it was being sold on exchanges boosted CRO, which hit $0.06179 on July 16. After that, it fell to $0.05129 on August 17 but recovered to about $0.526 on August 28.

The recent crypto market spike has seen CRO grow at the start of 2024, reaching $0.08335 on January 18.

At that time, there were 25.2 billion CRO in circulation out of a total supply of 30.3 billion. This gave the coin a market cap of around $2.1 billion, making it the 43rd largest crypto by that metric.

Cronos Price Analysis

Cronos price analysis
CRO needs to avoid dropping.

The price of CRO started an uptrend in October 2023, after establishing a support plateau around $0.05. After that, it climbed 150%, measured to a November 11 high of $0.12. 

If CRO drops further, it could go as low as $0.066. However, it could rise up again if it holds at its current level. In that case, it could even break past $0.11.

Is Cronos a Good Investment?

It is hard to say. CRO has been on an upturn in recent days, although the reasons for that are still something of a mystery. We don’t know whether or not it can continue its resurgence. A lot will depend on whether or not the market can hold up.

As ever with crypto, you will need to make sure that you do your own research. 

Will Cronos go up or down?

No one can really say with any certainty right now. While a lot of the Cronos price forecasts are optimistic, price predictions have a habit of being wrong more often than not. Remember, too, that prices can, and do, go down as well as up. 

Should I invest in Cronos?

Before you decide whether or not to invest in Cronos, you should do your own research, not only on CRO but on other, similar, coins and tokens, such as Binance (BNB). More importantly, you must make sure that you never invest more money than you can afford to lose. 

Who are the Founders of Cronos?

Cronos was launched by Crypto.com, founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. The founders have backgrounds in entrepreneurship, engineering, finance, and investment banking.

Who Owns the Most Cronos (CRO)?

On January 18, 2024, a Cronos wallet held more than 3% of the supply of CRO.

Richest CRO Wallet Addresses

As of January 18, 2024, the five richest CRO wallets were

  • 0x5c7f8a570d578ed84e63fdfa7b1ee72deae1ae23. This wallet held 807,451,398 CRO, or 3.05% of the supply.
  • 0xeadf7c01da7e93fdb5f16b0aa9ee85f978e89e95. This wallet held 106,957,335 CRO, or 0.40% of the supply.
  • 0x8995909dc0960fc9c75b6031d683124a4016825b. This wallet held 81,509,630 CRO, or 0.31% of the supply.
  • 0x26fef63e96191cce2f40b4cf79426f881550b0eb. This wallet held 49,086,764 CRO, or 0.19% of the supply.
  • 0xc882b111a75c0c657fc507c04fbfcd2cc984f071. This wallet held 18,288,050 CRO, or 0.07% of the supply.

Fact Box

Supply and distribution Figures
Maximum supply 100,000,000,000
Circulating supply (as of January 18, 2024) 25,263,013,692 (25.26% of maximum supply)
Holder distribution Top 10 holders owned 4.5% of maximum supply as of January 18, 2024

From the Whitepaper

In its technical documentation, or whitepaper , Cronos says it aims to be both quick and inexpensive. 

It says: “Cronos is a decentralized, open-source, energy-efficient public blockchain with high speed and low transaction fees.”

The documentation says the system is “designed to support the creator economy with Web3 applications such as DeFi and GameFi, ultimately serving as the foundational infrastructure for an open metaverse”. The whitepaper also says it will “serve the next billion Web3 users and to help them experience the full promise of self-custody of their digital assets”.

Cronos (CRO) Explained

Cronos  is the native cryptocurrency of the Crypto.com exchange. Originally named after the Singapore-based business, it changed its name in 2022 in an attempt to represent “the next major phase in the adoption and utilization of Web 3.0 by hundreds of millions of users”. Cronos pays for transaction fees on Crypto.com’s own blockchain, and CRO can be staked or set aside. 

This allows people to earn free subscriptions to the likes of Spotify and Netflix, as well as securing better interest rates for their holdings on the platform. 

Crypto.com itself features a token-swap facility, a wallet, and a Visa card. Crypto entrepreneurs Kris Marszalek, Bobby Bao, Gary Or, and Rafael Melo founded it in 2016. Its coin was properly launched in late 2018, while the Cronos blockchain was fully released in November 2021. 

How Cronos Works

The CRO coin is the native crypto for two platforms. As well as the Crypto.com blockchain itself, which operates on a Proof-of-Stake (PoS) consensus mechanism, where people are chosen to add blocks to the blockchain-based on how much CRO they hold, it also operates on the Cronos EVM chain.

This platform, which is linked to Ethereum (ETH ), is designed so anyone can use it and people can carry out transactions without getting the permission of a central authority. It was created with the Cosmos software development kit. 

People can also buy, sell, and trade CRO on exchanges.

Cronos Attention Tracker

Cronos CRO Google search volume
Cronos CRO Google search volume | Credit: Google
Here is a chart for Cronos Google search volume for the past 90 days. This represents how many times the term “Cronos CRO” has been Googled over the previous 90 days.


How many Cronos are there?

On January 18, 2024, there were 25.2 billion CRO in circulation out of a total supply of 30.3 billion.

Will Cronos reach $1?

It could do but, if it does, that may not happen for some time. DigitalCoinPrice suggested CRO could break through the dollar in 2032, while PricePrediction.net forecasts it happening in 2030. Keep in mind that the highest Cronos has ever been at $0.9698, which it traded at in November 2021.

What is the difference between Cronos and Crypto.com?

Crypto.com is a cryptocurrency exchange, while Cronos is the name of both the EVM-compatible blockchain and the crypto that serves as a native currency to both the Cronos chain and Crypto.com’s blockchain.

Further reading

Ripple Price Prediction 2024: What is XRP?

Aurora Price Prediction 2024: What is AURORA?

Beam Price Prediction 2024: What is BEAM?


Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.