- A CRO investor predicted that CRO’s price will increase 1600% in the next 18 months.
- Additionally, others predict that CRO will be worth $0.13 by 2024.
- At press time, CRO was worth approximately $0.05714 after a 0.58% price slip over the past day.
A Cronos (CRO) investor, David.CRO Validator.CRO, believes that there could be a huge jump in price in store for the cryptocurrency. According to a Twitter post shared by the investor yesterday, he believes “CRO will increase 1600% in the next 18 months”.
Breaking news:$CRO will increase 1600% in the next 18 months.#Cro #Cronos #Cryptocom #BNB— David.CRO Validator.CRO (@BuiBaoToan2807) August 11, 2023
Although this number could seem a bit ambitious, most of the comments on the investor’s post agreed that CRO could experience a massive price jump. Additionally, other predictions forecast that CRO’s price could climb to as high as $0.13 by 2024, and $0.18 by 2025.
These positive expectations could be fueled by some of the recent developments in the Cronos ecosystem. The project has taken a significant stride with the launch of Cronos Explorer on its testnet.
Additionally, it was announced a month ago that Ubisoft, famous for franchises such as Just Dance and Assassin’s Creed, will manage a node on the Cronos network. Ubisoft will take on the role of a validator within the Cronos network, participating alongside 27 other blockchain validators to create and authenticate new blocks.
Meanwhile, CoinMarketCap indicated that CRO’s price dropped heading into the weekend. At press time, the altcoin was worth approximately $0.05714 after a 0.58% price slip over the past 24 hours of trading. This caused CRO to weaken against the market leader, Bitcoin (BTC) by 0.61% as well.
Furthermore, CRO’s intraday volume was able to increase by 0.16% throughout the past day, which left it standing at $5,147,597 at press time. The cryptocurrency’s weekly performance was not looking much better as it was also in the red zone at -0.97%.
From a market capitalization perspective, CRO had a market cap of around $5.160 million. This ranked it as the 37th biggest project, and placed it behind Arbitrum (ARB) and ahead of VeChain (VET).
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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