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Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon?

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon?

CoineditionCoinedition2024/04/30 13:28
By:Victor Olanrewaju
  • The price prediction for CRO could be a rise to $0.38 in 2024.
  • CRO might get close to hitting $1 in 2029 but could end up lower.
  • By 2030, the price of the token is expected to reach $1.23.

Moving from an exchange coin to the native token of a blockchain is something you rarely see in the market. But that was the case with Cronos and the CRO cryptocurrency. Despite having a large market cap, not many are aware of the utility of the token, and the offers of the Cronos Chain.

In this article, Coin Edition examined the price predictions of CRO from 2024 to 2030. You will also learn about the tokenomics, and the fundamentals of the Cronos Chain.

Table of contents

  • Cronos (CRO) Real Time Market Status
  • What is Cronos (CRO)?
  • CRO Current Market Status
  • Cronos (CRO) Price Analysis
    • Cronos (CRO) Price Analysis – Bollinger Bands
    • Cronos (CRO) Price Analysis – Relative Strength Index (RSI)
    • Cronos (CRO) Price Analysis – Moving Average Convergence Divergence
  • Cronos (CRO) Price Prediction 2024
    • Cronos (CRO) Price Prediction – Resistance and Support Levels
  • Cronos (CRO) Price Prediction 2025
  • Cronos (CRO) Price Prediction 2026
  • Cronos (CRO) Price Prediction 2027
  • Cronos (CRO) Price Prediction 2028
  • Cronos (CRO) Price Prediction 2029
  • Cronos (CRO) Price Prediction 2030
  • Cronos (CRO) Price Prediction 2040
  • Cronos (CRO) Price Prediction 2050
  • Conclusion
  • FAQs

Cronos (CRO) Real Time Market Status

🪙 Name Cronos
💱 Symbol CRO
🏅 Rank #27
💲 Price $0.131990616382
📊 Price Change (1h) -0.1 %
📊 Price Change (24h) 3.75 %
📊 Price Change (7d) 1.12 %
💵 Market Cap $3507196674.5
💸 Circulating Supply 26571560696 CRO
💰 Total Supply 30000000000 CRO

Cronos (CRO) is currently trading at $0.131990616382 and sits at number #27 on CoinMarketCap in terms of market capitalization. There are 26571560696 CRO coins currently in circulation, bringing the total market cap to $3507196674.5.

Over the past 24 hours, Cronos has increased by 3.75%. Looking at the last week, the coin is up by 1.12%.

What is Cronos (CRO)?

Cronos was formerly known as Crypto.com coin. It was developed as the exchange coin of the platform. However, Crypto.com went on to build the Cronos chain, which is an open-source decentralized blockchain to accelerate the adoption of cryptocurrencies worldwide.

As such, the exchange rebranded the token to align with its blockchain’s mission. Apart from adoption, Cronos serves as the system that powers payments on Crypto.com. It also helps in safeguarding user data and personal control over their assets.

For the unfamiliar, CRO is an ERC-20 token, meaning it was built on the Ethereum (ETH) blockchain. However, the token and blockchain at large are compatible with both Ethereum and Cosmos. The Cronos Chain also allows developers to host decentralized applications on the network. This has helped improve its Total Value Locked (TVL) which was $521.34 million, according to DeFiLlama .

CRO Current Market Status

CRO’s price at press time was $0.13, representing a 7.16% increase in the last 24 hours. The trading volume of the token also increased by 64% within the same period, indicating a rising interest in the cryptocurrency. 

The market cap of CRO was $3.62 billion as of this writing. It has a total supply of 30 billion tokens and a maximum supply of 30.26 billion. Out of this total, 26.57 billion are in circulation. CRO is available on exchanges and not just on Crypto.com. You can buy the token on Coinbase, Bitget, OKX, and Bybit.

Cronos (CRO) Price Analysis

Price analysis is an important aspect of price prediction. Without some technical indicators, it might be challenging to forecast possible targets of cryptocurrencies. Hence, in this section, Coin Edition analyzes the value of CRO, and the potential price predictions from 2024 to 2030 will be discussed. Read on.

Cronos (CRO) Price Analysis – Bollinger Bands

According to the 4-hour CRO/USD chart, the Bollinger Bands (BB) expanded. This was proof of increasing volatility around the token. With this expansion, CRO could extend higher if buying pressure intensifies.

But if bears take the mantle, the price of the token might plunge. Furthermore, Coin Edition observed that the upper band of the BB tapped CRO at $0.13. Hence, the next target for the token could be a drawdown to $0.11 if the market condition remains in a highly volatile state.

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 0 Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 1 CRO/USD 4-Hour Chart (Source: TradingView)

Cronos (CRO) Price Analysis – Relative Strength Index (RSI)

Regarding the Relative Strength Index (RSI), the chart below showed that bulls had moved CRO to a good buying momentum.

With a reading close to 60.00, there is a chance the CRO’s price might extend higher. However, the slight downturn in the RSI indicated that buying momentum had slowed. But as long as the indicator stays above the midpoint, CRO might keep trading within the $0.13 region.

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 2 Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 3 CRO/USD 4-Hour Chart (Source: TradingView )

Cronos (CRO) Price Analysis – Moving Average Convergence Divergence

Like the RSI, the Moving Average Convergence Divergence (MACD) also measures momentum. At press time, the MACD was positive, indicating that bullish momentum was present.

Also, the 12 and 26 EMAs were above the zero line, confirming the sentiment above. With this position, CRO might maintain its hike provided sellers do not start to pull the price down.

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 4 Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 5 CRO/USD 4-Hour Chart (Source: TradingView )

Cronos (CRO) Price Prediction 2024

The 2-hour chart presented CRO with higher price targets for 2024. From the chart below, it was observed that the token has faced severe decline. However, the 0.618 Fibonaccil level was at $0.13, indicating that this could be a good support for CRO in the long term.

In addition, the Awesome Oscillator (AO) was positive, indicating increasing upward momentum for the token. As it stands, the price target for CRO in 2024 might be more than $0.16 where the 1.618 golden ratio was. From our analysis, CRO might hit $0.38 before the end of 2024.

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 6 Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 7 CRO/USD 2-Hour Chart (Source: TradingView )

Cronos (CRO) Price Prediction – Resistance and Support Levels

Back to the 4-hour levels, there were vital support and resistance spots on the chart. First off, the price at $0.12 was a solid support region for CRO. As such, it is unlikely for the price to drop below the zone anytime soon.

However, resistance points were identified at $0.130 and $0.153. For CRO’s price to move higher, it has to break past the $0.15 region. But that would also depend on the support at $0.139. If CRO can retest this price, then a move past the upper resistance could become easy.

Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 8 Cronos (CRO) Price Prediction 2024-2030: Will CRO Price Hit $1 Soon? image 9 CRO/USD 4-Hour Chart (Source: TradingView )

Cronos (CRO) Price Prediction 2025

In 2025, CRO’s price might hit $0.85. One of the reasons for this project is the use case of the Cronos Chain. Not many know that Cronos is the first network to enable interoperability between Ethereum and Cosmos. Hence, it is the largest EVM-compatible chain. 

By our projections, a lot of projects might follow this same route in 2025. This could trigger a surge in demand for CRO, and impact its price positively.

Cronos (CRO) Price Prediction 2026

The price of CRO could rise higher in 2026. While it is expected that some cryptocurrencies will experience a downturn during this period, others like CRO might not join them. Therefore, the price prediction for CRO could surpass its ATH and hit $0.98 in 2026.

Cronos (CRO) Price Prediction 2027

By 2027, the price of CRO might climb past the $1 mark. This rise could be fueled by global adoption and increasing trading volume on Crypto.com. Hence, the price could end the year at $1.23.

Cronos (CRO) Price Prediction 2028

CRO might slow down its bullish momentum in 2028. Although this is the year that the 5th Bitcoin (BTC) halving will take place, tokens linked to Ethereum might not do so well. Hence the price could drop to $0.73.

Cronos (CRO) Price Prediction 2029

The price of CRO is expected to rebound in 2029. While the bounce might not lead it back to $1, it could get close to the point. This leaves the price prediction for 2029 at $0.89.

Cronos (CRO) Price Prediction 2030

In 2030, CRO might continue its rally. By this period, the token could hit another all-time high, as the Cronos Chain might have expanded its reach. Therefore, the expected price could be $1.75.

Cronos (CRO) Price Prediction 2040

CRO’s price might surpass the $3 milestone in 2040. Between 2030 and 2040, the price might undergo some ups and downs. However, the expected global adoption and reach of Crypto.com could help the token rise. This puts the price prediction at $3.47.

Minimum Price  Average Price Maximum Price
$2.39 $2.80 $3.47

Cronos (CRO) Price Prediction 2050

CRO’s price might not get close to double-digits in 2050. However, that does not mean that the token price will decline. Instead, the value would appreciate, and probably reach $5.

Minimum Price  Average Price Maximum Price
$3.93 $4.27 $5.00

Conclusion

To end this prediction, it is important to note that these forecasts are based on the current market conditions. Since the crypto market is highly volatile its state might change. However, this does not mean that the predictions should not be taken seriously. 

Instead, you should try and do more research and watch other developments relating to Crypto.com and the Cronos Chain.

FAQs

What is CRO?

CRO is the native token of Cronos Chain, a blockchain built by Crypto.com. With CRO, users can access all the payment channels on Crypto.com. Also, the token helps to safeguard personal data.

How do you buy CRO?

You can buy CRO on Crypto.com, the originator of the token. However, other exchanges like Coinbase, Bybit, Bitget, and OKX also offer OKX pairs.

Is CRO a good investment?

CRO was a good investment for those who bought in 2018 and sold in 2021 or 2022.  But anyone who bought the token at these peaks is probably sitting with unrealized profits. However, the cryptocurrency might later become profitable if holders can be patient.

What is CRO’s all-time high?

The all-time high of CRO was $0.98 in 2021.

Will CRO reach $1 soon?

CRO can reach $1. However, this might not be soon as the price might need to increase by 7x or thereabout to hit the point. The last time, CRO almost hit $1 was in 2021, and that happened in a matter of months from its current price. However, market conditions have changed, and as such, the token might not rise that much in a short period.

What is the maximum supply of CRO?

The maximum supply of CRO is 30.26 billion tokens.

Will CRO surpass its current ATH?

CRO has never hit $1. So, looking at its current price, it can surpass its ATH. However, this might not happen in the next year or two. But the token, backed by its blockchain can surpass its current ATH within the next few years.

What is the lowest price of CRO?

The lowest price of CRO was $0.011 in 2018.

Who is the founder of CRO?

Crypto.com founded CRO. At the time of launch, the company was led by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao.

Which year was CRO launched?

CRO was launched in 2018.

How do I store CRO?

You can store CRO on Ethereum and Cosmos-compatible wallets. However, if you trade regularly, you can store it on exchanges. But if you plan to hold CRO for the long term, you can find a hardware wallet to store the token.

What will be the price of CRO in 2024?

CRO’s price could be $0.38 by December 2024.

What will be the price of CRO in 2025?

The price of CRO could end the year 2025 at $0.85.

What will be the price of CRO in 2026?

In 2026, the price of CRO might hit $0.98.

What will be the price of CRO in 2027?

The price of CRO could be $1.23 in 2027.

What will be the price of CRO in 2028?

CRO might face correction in 2028, placing the price prediction at $0.73.

What will be the price of CRO in 2029?

By 2029, the price of CRO might be $0.89.

What will be the price of CRO in 2030?

In 2030, CRO could be changing hands at $1.75.

What will be the price of CRO in 2040?

CRO is expected to hit $3.47 by the end of 2040.

What will be the price of CRO in 2050?

CRO’s price could be $5 in 2050.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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