Will Momentum Lead to ATH?
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Cronos (CRO) has experienced substantial gains this week, fueled by positive market sentiment and Crypto.com’s latest roadmap release. The native token for the Cronos blockchain, CRO, soared by double digits, drawing significant attention from investors and the broader cryptocurrency community. This week’s surge comes from a bullish market environment and a major announcement from Cronos Labs. Investors are now watching closely, speculating whether CRO’s price rally could push it toward a new all-time high (ATH). Cronos Price Surge 30% In the Past 24-hours: Is ATH Imminent? Cronos Price has surged by over 100% within six days, reflecting a broader cryptocurrency upswing amid the U.S. election results. Crypto.com, the platform powering the Cronos blockchain and CRO token, has unveiled an ambitious roadmap targeting significant service expansions. In Q4 2024, the company plans to launch its Level Up program and Cronos AI tools to engage users and enhance features. A web-based app will simplify access, while debit card services will reach Latin America, the Middle East, and Africa by Q2 2025. Throughout 2025, Crypto.com aims to improve accessibility, adding stock trading, banking services, and expanded card offerings. This roadmap underscores Crypto.com’s commitment to evolving in the dynamic financial technology landscape. The recent surge in the CRO price has seen a gain of a remarkable 30% within the past 24 hours, pushing its price to $0.1696. This significant price movement marks a promising recovery for Cronos, which hit a low of $0.1189 during the same period. Investors are taking note as this price gain positions Cronos among the top-performing cryptocurrencies for the day. This price rally raises questions about Cronos’s potential to approach its all-time high of $0.9698, achieved nearly two years ago on November 24, 2021. Despite being over 80% below its record high, the renewed upward trend hints at possible continued…
Filed under: News - @ November 12, 2024 5:24 am