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The Crypto.com coin (CRO) is the native coin running on the Crypto.org Chain Mainnet. CRO is utilized on our favourite exchange: Crypto.com, much like how Binance Coin is utilized on the Binance exchange. WealthWithCrypto's view on CRO remains bullish and is one of our picks for 2025 due to the integration of CRO in the exchange's ecosystem, exchange expansion to the United States, banking and offering Stock and ETF trading.
Initially the max supply of CRO was set at 100billion, but 70billion CRO has been burned to date, putting the max supply at 30billion CRO.
Crypto.org Chain
CRO launched as an Ethereum ERC20 token but has since migrated to the native token on the Crypto.org Chain. The Chain is a proof-of-stake (PoS) blockchain network which utilizes Cosmos SDK and Tendermint Core consensus engine underneath. As part of the Cosmos ecosystem, CRO is Interblockchain Communication (IBC)-enabled, allowing interoperability - the ability to trade cross-chain with other IBC-enabled blockchains. Users who hold and stake CRO on a personal wallet can partake in governance of the Crypto.org Chain and have a vote on certain operations of the blockchain.
Tokenomics
- Crypto.com Coin, as of this writing, has 27.29billion coins in circulation out of a total supply of 30.0billion according to the official Crypto.com Price page.
- There are approximately 9.731B CRO staked with roughly 2.109billion CRO rewards distributed. See the Crypto.org Explorer
Concluding Thoughts
The Crypto.com Coin (sometimes referred to as CDC coin on online forums) is primed for growth as more users join their exchange. The locked staking mechanism and utility of CRO make it not only worthy as a coin with growth potential, but one worth purchasing and holding for the added benefits itself. Benefits include earning additional yield on your crypto, used as cash-back reward for their card program, Crypto.com Pay, Supercharger, and pay for or reduce trading fees when you stake on their exchange app. You can read more about CRO and it's utility in detail on our Crypto.com Exchange Review, and be sure to claim the free $25USD in CRO bonus when you stake for a Ruby card or above with our referral link.
Navigating Crypto.com's Cuts to Visa Card Rewards Program
WealthWithCrypto - Friday May 06, 2022 02:54AM One of the most prominent cryptocurrency exchange, through heavy advertising spending and sponsorships, Crypto.com, announced May 1st 2022 that they will drastically slash their CRO Visa Card rewards. The sudden announcement shocked the crypto.com... Read MoreCrypto.com Coin Rebranded as Cronos
WealthWithCrypto - Monday Feb 21, 2022 01:56AM February 18, 2021 — Crypto.org today announced that “Crypto.org Coin”, also known as "Crypto.com Coin" ($CRO), has been re-branded to Cronos ($CRO). The new name recognizes the growth of the Cronos ecosystem which went live on November 2021. Cr... Read MoreCrypto.com Ramping up Marketing Campaign with $700m Purchase
WealthWithCrypto - Wednesday Nov 17, 2021 03:23AM Crypto.com has been ramping up their marketing efforts as they recently announced the purchase for the naming rights to the Lakers Venue, previously known as the Staples Center, for the next 20 years. "The new agreement includes official designation... Read MoreCryptocurrencies are highly volatile and risky with a potential to lose all of your invested capital. Conduct your own due diligence and consult your financial advisor before making any investment decisions. The content contained on this Website shall not be understood or construed as investment advice and you understand that you are using any content at your own risk.
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