• Cronos (CRO) started off the year with higher prices for the first two weeks of 2023.
• CRO is the native token of the Cronos Chain, a decentralized open-source blockchain developed by Crypto.com.
• Crypto.com recently became the first virtual asset platform to achieve ISO 27017/18 certifications.
The start of the new year brought with it a wave of optimism for the crypto space, with investors looking to the future with eager anticipation. Cronos (CRO) was no exception, with the token starting off the year on the right foot by recording higher prices every day for the first two weeks of 2023. The upward trend was likely due to the new year hype and the price break off from a month-long volatility period characterized by many short red and green candlesticks consolidating, as shown in the chart.
At the time of writing, CRO price was trading at $0.08, after the price lost almost 2.5% in the last 24 hours. The token was recording a 24-hour trading volume of $39.7 million and a live market cap of $2.003 billion, placing the token at #32 on the list of cryptocurrencies by market cap size.
CRO is the native token of the Cronos Chain, a decentralized open-source blockchain developed by the famous payment, trading, and financial services company, Crypto.com. Cronos Chain stands among the products in Crypto.com’s list of product offerings designed to speed up the global adoption of crypto as part of the goal to increase personal control over money while safeguarding user data and protecting their identities.
Crypto.com recently achieved a major milestone when it became the first virtual asset platform to achieve ISO 27017/18 certifications. The certifications are a guarantee of the platform’s commitment to the highest standards of data privacy and security. With the certifications, Crypto.com can now offer enterprise customers a world-class ISO-compliant data privacy program, ensuring the data and identity of users are always protected.
Investors in CRO can look forward to the potential of the token in the year ahead as it continues to be adopted and utilized in the Crypto.com ecosystem. With more companies and users utilizing the platform, CRO is expected to experience increased demand and bullish price action as it targets a 48% increase to $0.118.