Crypto.com’s CRO cryptocurrency is listed among the top six cryptocurrencies in the market to provide maximum returns, according to a recent article. The author believes that CRO is still oversold and has potential to reach its all-time high price during the next bull run. The article also highlights recent positive developments for Crypto.com, such as signing an eight-year carbon renewal agreement and adding support for nine new languages on its DeFi wallet. The author also dismisses a recent article spreading FUD regarding Crypto.com’s naming rights deal with the Los Angeles Lakers.
The Amazing Potential of CRO
The Crypto Market Cycles
CRO’s Potential in the Next Bull Run
Crypto.com’s Commitment to ESG
Crypto.com’s D5 Wallet Expansion
Dispelling FUD on Crypto.com
According to this article, CRO is one of the top six amazing cryptocurrencies in the market to provide maximum returns, and I agree with this statement. I believe CRO is going to shock the world in the next Bull Run. If CRO were to return back to its all-time high price, it would be around a 12x from here. CRO is still very oversold, despite pumping over 20% in the past week. Do I think CRO will surpass its all-time high price during the next Bull Run? Yes, I do, and let me explain why.
First of all, if you take a look at the history of cryptos, the market typically goes up and down based on cycles, and every time a cycle ends, it typically indicates a bottom followed with a recovery upwards. As of right now, we are ending cycle 4 and beginning cycle 5, so we could have already seen the bottom when it comes to the whole crypto space overall. And if you take a look at this chart, every single time we begin a new cycle, the lows are getting higher, and the highs are getting higher as well.
Yes, there have been multiple bear markets along the way, but historically speaking, after each bear market, the whole crypto space overall continues to grow even bigger than what it was before. And I think that during the next Bull Run, it’s going to be no different. I think the comeback will be much greater than the setback, and the same goes for CRO.
Yes, the price of CRO is low right now. It’s below 10 cents, but I think that during the next Bull Run, CRO is going to absolutely smash through its all-time high price. Back in 2021, CRO only reached an all-time high market cap of around 22 billion dollars. The reason why I say “only” is because I think at that point, CRO was still very undervalued.
As of right now, there are more people than ever before using the Chrono Chain. Currently, there are around 1 million unique wallet addresses on Chronos. However, back in 2021 when CRO was at 97 cents, there was only around 80,000 unique wallet addresses. So, if CRO can nearly reach the price of a dollar despite it only having around 80,000 unique wallet addresses, just imagine how high it can reach during the next Bull Run, especially now that the Chrono Chain has over 1 million.
In my opinion, during the next Bull Run, it’s going to be absolutely legendary for CRO. I think CRO is going to absolutely smash through its all-time high price, form new all-time highs, and just completely shock the world in such an amazing way.
When it comes to Crypto.com news, the platform has recently signed an eight-year carbon renewal agreement with climb works. With this latest agreement, Crypto.com intends to neutralize its direct carbon emissions. This is absolutely amazing news, as it is fantastic to see Crypto.com focused on their ESG (environmental, social, and governance) initiatives.
Besides being environmentally friendly, there are many benefits to Crypto.com’s focus on ESG. According to a recent survey, 64% of Americans are willing to spend extra money to buy from businesses that promote sustainable products. So, with this new partnership with Climbworks, Crypto.com can potentially increase the number of users they have and as a result, increase their revenue.
Becoming more environmentally friendly can also attract more institutional investors. Nowadays, large corporations, for the most part, care about the environmental impact of a business. Often, these corporations consider the environmental impact of a business that they are investing in. So with Crypto.com intending to go carbon neutral, the platform can potentially increase the number of institutional investors that will invest in Crypto.com in the future.
Moreover, the Crypto.com D5 wallet now supports nine new languages, including Hungarian, Vietnamese, and Danish. Adding new languages to the Crypto.com D5 wallet can potentially help reach many more people around the world.
Some people seem to think that whatever is stored on the Crypto.com D5 wallet is going to go down if the exchange were to go down. That is simply not the case. The Crypto.com D5 wallet is a non-custodial hot wallet, so if the exchange goes down, whatever is stored on the Crypto.com D5 wallet does not go down along with it. Moreover, with over 5 million downloads since its launch in 2020, the Crypto.com D5 wallet can prove to be an amazing option for those who don’t necessarily trust exchanges.
Lastly, some people are spreading FUD (fear, uncertainty, doubt) about Crypto.com. However, the person who wrote this article seems to have no idea what they’re talking about. For example, the article claims that CRO is not doing well because its price has gone down. That is not an accurate assessment of Crypto.com’s performance and potential.
In conclusion, the potential for CRO is truly amazing, and I strongly believe it can smash through its all-time high price in the next Bull Run. Crypto.com’s commitment to ESG and the expansion of its D5 wallet can only increase its potential and reach. So, let’s not fall prey to FUD and instead focus on the vast potential of Crypto.com and its cryptocurrency, CRO!