Investing in CRO now could make you a millionaire in the long run. Find out how.
2021 turned out to be a gamechanger for altcoins. One such innovative altcoin project is Cronos (CRO), formerly known as Crypto.com coin. Thanks to the token’s tremendous rally, investors are mulling to know if Cronos could be a millionaire-maker coin. Come, let’s find out.
Cronos (CRO): What Is It?
CRO’s rebrand shows the decentralization of the coin and tremendous growth of Cronos ecosystem, making it one of the top millionaire-maker coins.
Cronos was initially designed to speed up the global adoption of cryptocurrencies by simplifying access and utility and ensuring security. This was to ensure that people had absolute control over their identity, data, and money. It is a decentralized and open-source blockchain developed by a financial services and trading organization. Cronos has plans to expand its platform’s reach to other platforms as well, pushing the price of CRO to new levels.
Cronos is striving to establish itself as a trustworthy finance company with top-rated security in markets like the United States, Singapore, and more. It delivers a faster and cheaper transaction than Ethereum's mainnet, making decentralized applications (dApps) and smart contracts more user-friendly and environmentally friendly.
Is Cronos A Millionaire-Maker Investment?
With interest continuing to surge higher, Cronos positions itself as one of the best millionaire-making investment options.
Founded in June 2016, CRO quickly embarked on active campaigns to actualize its mission to accelerate the world’s transition to cryptocurrency. Crypto.com or Cronos focuses on four major solutions, payment, trading, financial services, and the metaverse. The platform also owns its Decentralized Finance (DeFi) wallet, which gives people control over their cryptocurrency assets and also allows them to earn interest from DeFi protocols.
Cronos has seen explosive growth within a short time. User adoption has surpassed expectations, with over 350,000 unique wallet addresses performing transactions on Cronos.
Factors That Make CRO A Millionaire-Maker Coin
As laid in Cronos roadmap 2022, several factors have fueled CRO to the list of the top cryptos to invest in now.
The Launch Of Single Finance
As Crono started gaining massive attention, the platform saw the rise of several projects. Single Finance, the latest addition, is a DeFi yield earning platform that offers delta-neutral strategies for protecting capital by minimizing impermanent loss. The platform went live recently, with the dApp now online and accessible to a wider audience. The project aims to offer Cronos users multiple ways of protecting capital while yield farming, adding value to the broader Cronos ecosystem.
Cronos Chain Strategic Partnership With Binemon NFT
Cronos has recently entered a strategic partnership with Binemon, a digital pet non-fungible asset recreation on Binance Sensible Chain. Platforms like Binemon must supply the participant base with a quick transaction pace and easy options, ensuring security. With its unique Proof of Authority (POA) consensus, Cronos ensures streamlined service and safety.
Cronos achieves a transaction time that’s quicker than most public blockchains and the safety that Binemon requires for its participants to comfortably and freely expertise. Moreover, the launch of the Cronos Play, a comprehensive modular suite of developer tools and services, streamlines the creation of Binemon on the crypto’s blockchain ecosystem.
Cronos - The Official Sponsor Of The 2022 FIFA World Cup
The price and demand for CRO have been skyrocketing recently, and one of the many reasons for this is its latest major marketing partnership. Cronos would be one of the official sponsors of the 2022 FIFA World Cup in Qatar, further expanding its global media reach.
The crypto would be featured prominently at the various soccer stadiums for this year's World Cup. Keenly following these marketing deals, Cronos has seen its total value locked (TVL) surge from around $5 million in early November to around $3.5 billion today.
Could CRO Be A Millionaire-Maker Coin?
CRO seems to be one of the top cryptos to buy now, with solid growth potential.
The purported goal of Cronos is to scale the Web 3.0 consumer group by offering options similar to the low transaction price, excessive throughput, and quick finality. From signing a $100 million deal with Formula One to taking on the title sponsorship of the FIFA World Cup, Cronos is changing the game on the ways to attract mainstream investors to a unique space like cryptocurrency.
Additionally, the company’s strategic partnership and sponsorship deals in iconic places like the Crypto.com Arena, the Serie A soccer league, the Ultimate Fighting Championship (UFC), and the Paris Saint-Germain F.C. soccer teams in France are helping to create an iconic perception of Cronos brand. The series of strategic partnerships and innovative marketing deals have helped Cronos widen its user base, making CRO one of the top millionaire-maker cryptos to buy now.
Moreover, the Cronos Community Roadmap for 2022 strives to fuel Cronos to the Top 5 of public blockchains by TVL. It includes the rapid expansion of the ecosystem in DeFi, NFT, GameFi, Metaverses, dApps with at-scale infrastructure, and SDK support for developers, a significant increase in transaction throughput (TPS), breakthrough database optimization, and stronger blockchain connectivity and interoperability. With all these in the pipeline, CRO could likely be a millionaire-maker coin for investors helping them to generate massive returns in the long run.
CRO appears to be a solid coin with good prospects and exciting potential. But since the crypto market is volatile in general, it is essential to remember that investing is a highly personal endeavor and should be done with due diligence.