CRO Coin Price Prediction 2022 - Great News For crypto.com - YouTube

CRO Coin Price Prediction -  Great News For crypto.com!

We have talked about a lot of cryptos and price  prediction in this channel. Previously in here  

we talked about the success of Crypto.com  thanks to the Los Angeles Lakers changing  

arenas to have Crypto.com in it. Since that  arena transfer, CRO has increased in popularity  

and have made a name for themselves. However, it  seems like the luck of Crypto.com is not over yet  

and the planets are lining up for them once  again. So, let’s talk about that, shall we? 

What is up, people of the internet and welcome  to another video from Crypto Cash Out where we  

bring you anything and everything that falls  under the crypto space. Before we head on to  

the topic of the video, like always, we would  like to remind you that whatever we say or show  

in this video shall not be taken as a piece  of financial advice as we are not financial  

advisers nor are we experts in crypto. We made  this video as crypto fans to inform people and  

to let the layman know more about crypto and what  makes it fascinating. It is always best to follow  

up this video with additional research on your  own. So, let’s head on to the topic of the video. 

Crypto.com is a relatively new name in the  crypto market and people are getting more  

and more into it because of its unique features  and its potential to be one of the great wallets  

in the market. We have a previous video on  it that went in deeply on the arena topic of  

the Los Angeles Lakers. However, as stated  earlier, things are just going their way  

so we will talk more about that in this video. But  before that, a little background about the wallet. 

Founded in 2016 by Kris Marszalek,  Rafaelo Melo, Gary Or, and Bobby Bao,  

Crypto.com was developed with the vision  of putting cryptocurrency in every wallet.  

In 2018, this vision led them to launch their  very own coin creatively named Crypto.com Coin,  

but it is shortened to CRO to avoid a mouthful  of words. They also plan to incentivize the users  

of the platform as the users can earn cashback  when they use the payment feature of the crypto  

and settle transactions and other exchanges  in the wallet. Ever since their release,  

they have gained much attention and  have been rising in the ladder since. 

Crypto.com also released their mainnet which  is called Cronos. Cronos is aimed to allow  

users to not only scale Decentralized Finance or  DeFi, but they can also make their Decentralized  

Applications or DApps in the mainnet. They can  do this because Cronos provides the developers  

the ability to port apps from Ethereum  and Ethereum Virtual Machines or EVM.  

In addition to that, Cronos can be  integrated with NFTs in the metaverse. 

Unlike some wallets, Crypto.com actually has  their own coin called CRO. The coin is set to  

be a decentralized and open-sourced blockchain  which can be used for payment, trading,  

and other financial services that the company can  offer. The coin itself started the year 2021 with  

a market cap of $1.5 Billion Dollars and quickly  grew to around $13 Billion by the end of the year.  

This 1000% growth shocked the crypto world as  it exceeded expectations and even beat the big  

names in the industry such as Bitcoin and Ethereum  in terms of growth. In addition, they have also  

released their very own NFT collection which may  influence the price of the coin in the future. 

Now what is this “big news” that might be  effective for the success of Crypto.com.  

Well, for that we must have a little background  before we head on to that because this is more  

of a second-degree effect for CRO rather than a  direct effect. So, for that, we head on to KPMG.  

So, KPMG International Limited or KPMG for  short, is a British-Dutch multinational  

professional services network. It is a big  company that is included in the Big Four of  

accounting organizations. In Canada, the  professional services there are allowing  

Bitcoin and Ethereum to its corporate  treasury in a recent announcement. 

In an interview with Benjie Thomas, the Canadian  firm’s managing partner for advisory services,  

said that “This investment reflects our belief  that institutional adoption of crypto assets  

and blockchain technology will continue to grow  and become a regular part of the asset mix.”  

He added that they believe that the  assets you gain, buy, and trade in  

crypto are a maturing class of assets. Kareem Sadek who is the Crypto Assets  

and blockchain services co-leader of KPMG Canada,  believes that cryptocurrency should be considered  

by financial services and institutional investors  as the industry continues to grow as a whole.  

He added “We've invested in a strong crypto  assets practice and we will continue to enhance  

and build on our capabilities across Decentralized  Finance (DeFi), Non-Fungible Tokens (NFTs) and the  

Metaverse, to name a few. We expect to see a lot  of growth in these areas in the years to come.”  

Despite these additions that they’ve  made, the firm looks to add carbon  

offsets in order to maintain zero carbon  transactions made in their network. 

Because of the move KPMG made, the whole crypto  market experienced gains because Bitcoin gained  

a price spike of 6.1% in one day. Some  of you may be thinking “Only 6.1%? Pfft  

that’s nothing!” You must remember  that the price of Bitcoin is at the 40,  

000-dollar mark. 6% for Bitcoin is already a lot.  Anyway, because of the price increase of Bitcoin,  

it also helped push different names in the  market such as Polkadot by 6%, Silvergate  

Capital by 4.4%, and of course, Crypto.com  by an impressive 10% in a 24-hour comparison. 

But hold your horses! Before you go take money  and invest in CRO, Polkadot or Silvergate Capital,  

it is important to note that this might  be some sort of a fluke and not really a  

long-term run. Although experts believe that the  KPMG move will be good to the price of Bitcoin,  

some even seeing it to reach 200 thousand dollars  which is just insane, remember that the effects  

on the three markets are indirect and only Bitcoin  and Ethereum are seen to experience direct effect.  

They might lose the hype and trend soon  especially in a market as volatile as this. 

You have to consider that some of the  markets are playing to regain some of the  

loss they have made in the past couple  of months. For example, with Polkadot,  

in the last 3 months of writing this video,  Polkadot is down 53% in terms of price.  

This means that if they are to ride the run  with Bitcoin, it is trying to regain some of  

its loss in the past months. The same goes for  Silvergate Capital that has been down for 45%  

in the same time period. However, things are  a little different with Crypto.com. Remember  

in our last video about CRO, we talked about how  the LA Lakers boosted its popularity and price?  

Well, it has continued riding the bullish wave  and has been up 38% in the past couple of months. 

Now, what does this mean for the price of CRO and  its future prices? At the time of writing this  

video, the token is valued at half a dollar  or 0.5 dollars with a market cap of over 12  

Billion Dollars. The trading volume of CRO in  the last 24 hours is at 180 Thousand Dollars. 

Let’s head on to price predictions and oh boy  we do have some news for you. According to the  

website Trading Beasts, they predict the coin to  end the year on a high note with a price of 0.65  

Dollars. Although most of its 2023 looks good,  they predict the market to fall at around November  

for CRO and end the year with an average of 0.57%.  If you keep on holding those coins until the end  

of 2025 then you’re in luck as they predict the  coin to be around 0.77 Dollars by that time. 

If you are torn between buying CRO, well Coincodex  gives you all of the green lights to do so.  

They have multiple indicators that tell  you that you must buy the coin as they  

predict that the coin will at least double  a year after this script is being written. 

For the website Priceprediction.net, they expect  the trajectory of CRO to be bullish in the next  

few years. For 2022, they predict that the average  price of the coin will be around 0.7 dollars. Next  

year, they forecast that the coin will breach  the 1-dollar mark especially if everything goes  

well for them. If not, the coin will only average  at 0.99 dollars for 2023. 2025 will be a year of  

celebration for CRO fans as they predict the price  to average over 2 dollars in that year. In 2030,  

they say that the coin will reach over 13  dollars but that will be a long time from now. 

Crypto.com has been bullish for the longest time  now. The brilliant minds behind the company just  

seem to have the Luck of the Irish and keep  on making moves that will benefit both the  

company and the users. However, remember that  the growth may be too much for them and it  

all may come crashing down. In order to avoid  that, remember that you can take things slow  

so that the market will not be overwhelmed with  all the investments and transactions being made  

at a time. --- 

I’m afraid that is all we have for today. We hope  you learned something new and enjoyed this video.  

If you did enjoy it, be sure to leave a like  to give us the sign that you like these kinds  

of videos. Please subscribe to our channel if  you haven’t already. It’s free and it takes one  

click to do so. So, what are you waiting for?  Go! Also, comment down below if you believe in  

the power of CRO for a chance at a shoutout  in the next video. If you want more from us,  

we have a video that talks about Solana and  its recent January struggle and how it will  

manage to bounce back for the year. Thanks for  watching, stay safe, and have fun cashing out!