Cronos price prediction: What now for the former CRO?

• Updated

CRO skyrocketed in 2021, but has largely downtrended this year. Has CRO bottomed out yet?

A graph showing the rising price of the CRO coin, part of, which is an official sponsor of FIFA World Cup Qatar 2022                                 
The Cronos (CRO) coin performed well last year – Photo:


Launched in 2016 in Singapore to accelerate the uptake of cryptocurrencies globally, offers users an impressive array of financial products.

After a massive promotional push by the company – including a $100m advertising campaign starring Matt Damon –’s native token CROnow rebranded as Cronos, enjoyed a meteoric rise in late 2021. But what is Cronos? 

Before we look at the Cronos price prediction, let’s look briefly at what the coin does. overview

Initially developed as a crypto payment product, is comparable to a crypto bank. It offers different kinds of crypto Visa cards, an exchange, brokerage services, a wallet and a native coin that can be staked for rewards, making it a one-stop-shop for all things crypto.

Users can earn interest by staking CRO coins, and also gain access to different tiers of reward systems on paid-in-advance Visa cards.

On the exchange, users across most of the US can trade and store more than 250 cryptocurrencies. More than 20 fiat currencies are accepted on the exchange, including USD, GBP and EUR.

With more than 50 million investors using the exchange and widespread global uptake of crypto – predominantly as a store of value, but also as a replacement for traditional currency – has gained some real traction in the market. But what does this mean for the CRO price prediction?

From the whitepaper

The whitepaper states: “ was founded on the belief that it is your basic human right to control your money, data and identity.

“We believe that decentralisation holds the key to empowering people around the world to better safeguard their rights and that we are helping the world move in this direction by accelerating the transition to adopting cryptocurrency.”

The document goes on to explain: “Our strategy is to leverage payment solutions as the primary tool for driving adoption and user acquisition, while building trading and financial services solutions as the major sources of revenue.”

Before we look at what the experts think will happen to the value of the coin in the future, let’s take a look at its past performance.

Spikes and surges

After the launch of CRO in late 2018, the coin made modest gains. From $0.02147 on 1 January 2019, the CRO price reached $0.09264 on 10 July 2019. In 2020, the CRO price again rose significantly, reaching $0.1798 on 1 September 2020. The coin also saw a bullish rally in spring 2021, reaching $0.2468 on 5 April.

These gains paled in comparison, however, to the surge seen towards the end of the year, when CRO peaked at its highest-ever price of $0.9005 on 23 November 2021, representing a 1,400% increase over the 11-month period.

The spike followed publicity surrounding the company’s Matt Damon advertisement and the renaming of the stadium where the Los Angeles Lakers basketball team plays as the Arena in a 20-year, $700m deal.

The immediate threat posed by regulation from the US Federal Reserve is a commonly cited reason for the steep decline in crypto values over the closing months of 2021 and creeping into 2022. A potential crypto winter, as well as the looming threat to global markets posed by the Omicron variant of Covid-19, compromised investor confidence and, by 22 January this year, the coin receded to $0.3284.

However, there was some recovery towards the end of the month and into February; on 9 February 2022, announced a partnership with Formula 1, which is set to run for nine years. The coin CRO reached a high of $0.54 the following day.

On 18 February 2022, announced the rebranding of the coin as cronos, to reflect “the decentralisation of the coin and tremendous growth of Cronos ecosystem”. 

CRO closed out the month of February at $0.4388 and remained on a general downtrend, hitting a low of $0.3727 on 15 March. 

In late March, FIFA announced that will be the official sponsor of the FIFA World Cup Qatar 2022, marking another milestone in’s efforts to enter the sports space and prompting a flurry of press attention. By 28 March 2022, the token was trading at highs of $0.50. However, since then the price has dipped.

Despite the announcement that Cronos had partnered with Chainalysis to enable real-time transaction monitoring for CRO and all CRC-20 tokens running on the Cronos network, the token was stuck in a bearish trend, closing the month of April at lows of $0.35. 

Worse news was to come, and May 2022 ushered in a market-wide crash, hinting at signs of a deeper crypto winter. The token hit lows of $0.17 and, despite a slight recovery in the following days, has largely traded sideways since. 

On 7 June, Cronos announced the following on Twitter:

The fund was created to help crypto projects fast-track their advancement in the DeFi and Web3 space.

Another market dip in June saw the token sink below the $0.10 mark, trading at lows of $0.09902 on 18 June.

There had been a slight recovery since and at the time of writing, CRO is trading at around $0.14. It has a market cap of around $3.6bn and is the 25th-largest crypto by that metric.

Cronos coin price prediction: Expert opinion

It is important when looking at Cronos coin price predictions, to remember that while they can be helpful as an indicator of which direction the price may move in, they should be viewed as possibilities rather than absolutes.

This is especially the case when looking at long-term forecasts, as these can sometimes be completely off the mark. This is due to both the inherent volatility of the crypto market and the many unknowns which could affect future prices.

With that in mind, let’s look at some Cronos (CRO) price predictions.

CRO price prediction

WalletInvestor makes a CRO coin price prediction that suggests the price could go down to under $0.009 in a year’s time and not make any consistent recovery, stating the token is a “bad long-term (one-year) investment”.

Another bearish forecast can be found from Gov Capital, where the Cronos price prediction for 2022 suggests the coin will not recover. The site thinks the token will be worth nothing by the end of next month.

DigitalCoinPrice suggests that CRO should stay between $0.20 and $0.21 in 2022. The site forecasts an average value of $0.21 in 2023 and $0.22 in 2024, while its Cronos price prediction for 2025 is $0.28.

PricePredictionon the other hand, suggests an average of $0.26 in 2023, $0.37 in 2024 and $0.54 in 2025. The site suggests a general year-on-year uptrend, leading to a Cronos price prediction for 2030 of $3.20.


Is Cronos a good investment?

It might be. Cronos (CRO) certainly performed well over the course of 2021, increasing 1,400% from January to November 2021, and it is still showing signs of life and plenty of on-chain developments.

However, you need to exercise caution when investing in any crypto, and perform your own due diligence before investing. Cryptocurrencies are highly volatile and prices can definitely go down as well as up, so remember never to invest more than you can afford to lose.

Will Cronos go up?

CRO could go up but it could also go down. Crypto is very volatile and can be risky – always bear this in mind when making investment decisions.

Should I invest in Cronos?

While Cronos (CRO) appears to have potential, it is important to remember that investing is a highly personal endeavour.

Do your own research and try to keep up-to-date with any developments within the Cronos ecosystem that may boost or damage its future prospects. Remember, investing in cryptos is risky, and it is important never to invest more money than you can afford to lose. 

How many Cronos coins are there?

At the time of writing on 18 August 2022, there were 25.26 billion Cronos (CRO) coins in circulation, against a total supply of 30.26 billion, per data from CoinMarketCap.

Further reading

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
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