Cronos (CRO) is a cryptocurrency with ample usage and following due to its utility. Tied to the Crypto.com wallet, the CRO cryptocurrency can be used to store crypto, make everyday payments, and even trade crypto. It is one of the cornerstone assets of the DeFi sector, with its actual adoption pushing the value of CRO, the native token of the Cronos blockchain, steadily up. The Cronos blockchain is an EVM-compatible chain designed to support the Creator Economy. It has multiple applications, such as DeFi and GameFi, serving as a foundational infrastructure for the Metaverse. Cronos succeeds in delivering dramatically faster and cheaper transactions than Ethereum. In doing so, it makes decentralized applications (DApps) and smart contracts more user and environment-friendly. CRO is built on Ethermint, which is based on the Cosmos SDK; the Cronos cryptocurrency supports the rapid porting of DApps and smart contracts from Ethereum and other EVM-compatible chains. It encourages protocol and asset interoperability with the Cosmos ecosystem via IBC (Inter Blockchain Services)
The fastest, most convenient way to purchase Cronos is to purchase it on ICONOMI. We check Cronos live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Cronos by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Cronos is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Cronos, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Cronos in their structure.
Here you can read and comment on all posts made by Strategists about Cronos CRO. See all Cronos price predictions in real time and make the best use of their crypto knowledge.
Can Cronos $CRO become the backbone of Web3?
With recent gains and Google Cloud’s support as a validator, Cronos is proving itself as a blockchain to watch.
From a fast, low-cost foundation to its ecosystem of dApps and DeFi tools, Cronos aims to transform blockchain accessibility.
Read our latest report for a full overview of what the future holds for Cronos 👉HERE
With that, we also submitted the monthly rebalance of BLX as per our parameters.
We added Aave ($AAVE) with a weight of 0.28%, Immutable ($IMX) with a weight of 0.32%, and Injective Protocol ($INJ) with a weight of 0.27%. Filecoin ($FIL), Cronos ($CRO), Hedera Hashgraph ($HBAR), Maker ($MKR), Cosmos ($ATOM), and Arbitrum ($ARB) have fallen out of our parameters and have been removed from the structure.
Among existing assets, $BTC and $ETH have been rebalanced to 40% and 30%, respectively. The biggest other change was reducing the weight of Solana ($SOL) by 1.24%.
🤟 Rebalancing Info 01.06.2024 🤟
Strategy Performance May: +8% 🆗
Winner May: $LINK +41% 🚀
Loser May: $CRO -14% 📉
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 3 changes in the Top25:
22x Rebalanced
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
