Cronos Profile

CRO
 Crypto
  

USD 0.06  0.0012  1.85%   

Market Performance
0 of 100
Odds Of Distress
Less than 43
Cronos is trading at 0.0638 as of the 5th of December 2022, a -1.85 percent decrease since the beginning of the trading day. Cronos has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for Cronos are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2021 and ending today, the 5th of December 2022. Click here to learn more.
Cronos is peer-to-peer digital currency powered by the Blockchain technology. More on Cronos

Moving together with Cronos

+0.7ETHEthereumPairCorr
Cronos is an online market maker for p-2-p internet money called Cryptocurrency. Cronos has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Cronos are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Cronos are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Cronos Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Cronos' investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Cronos or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Cronos generated a negative expected return over the last 90 days
Cronos has high historical volatility and very poor performance
Cronos has some characteristics of a very speculative cryptocurrency
Thematic IdeaUSD Crypto Fund (view all)
Cronos is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 16 exchanges in multiple currencies. Crypto.com Coin (CRO) is the native token of the Crypto.com Chain. The Crypto.com Chain was created to build a network of cryptocurrency projects, and develop merchants’ ability to accept crypto as a form of payment. The Crypto.com Chain is a high performing native blockchain solution, which will make the transaction flows between crypto users and merchants accepting crypto seamless, cost-efficient and secure. Businesses can use Crypto.com Pay Checkout and/or Invoice to enable customers to complete checkout and pay for goods and services with cryptocurrencies using the Crypto.com Wallet App. Businesses receive all their payments instantly in CRO or stable coins, or in fiat. CRO is now available on DeFi Swap. Users can swap CRO, be CRO Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.CRO has migrated from Ethereum and the Crypto.
Coin TypeCronos
Proof TypePoS
IndustryFinancial and Insurance Activities
FINMAPayment,Utility
FCAExchange,Utility
AccessPermissionless
Collateralized AssetNo
SymbolCRO
RatingB-
Technology Adoption RatingB-
Market Performance RatingC-
NameCRO
Sponsoredfalse
Built OnETH
White PaperView
Is Tradingtrue
Asset Launch Date2019-11-14
Full NameCronos (CRO)
Asset Website Urlhttps://www.crypto.com/en/chain
Platform Typeblockchain
Coin NameCronos
Total Coins Mined30.26 Billion
Smart Contract AddressView
Cronos (CRO) is traded on CRYPTO Exchanges. Cronos is peer-to-peer digital currency powered by the Blockchain technology.

Cronos' Exchanges and Markets

Coinbase Poloniex ABCC BitMart DigiFinex Bithumb LBank HitBTC ZB DDEX IDEX Kucoin Coinone Bibox CoinEx BigONE

Cronos Target Price Odds Analysis

What are Cronos' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Cronos jumping above the current price in 90 days from now is roughly 97.0%. The Cronos probability density function shows the probability of Cronos crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cronos has a beta of -0.7568 suggesting as returns on benchmark increase, returns on holding Cronos are expected to decrease at a much lower rate. During the bear market, however, Cronos is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cronos is significantly underperforming NYSE Composite.
  Odds Below 0.0638HorizonTargetOdds Above 0.0638
3.33%90 days
 0.06 
96.65%
Based on a normal probability distribution, the odds of Cronos to move above the current price in 90 days from now is roughly 97.0 (This Cronos probability density function shows the probability of Cronos Crypto Coin to fall within a particular range of prices over 90 days) .

Cronos Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cronos market risk premium is the additional return an investor will receive from holding Cronos long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cronos. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cronos' alpha and beta are two of the key measurements used to evaluate Cronos' performance over the market, the standard measures of volatility play an important role as well.

Cronos Technical Analysis

When it comes to investing in cryptocurrency, such as Cronos, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Cronos, which is currently traded at 0.0638, shows everything you need to know about Cronos market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Cronos, to determine its price movements. However, the Cronos' price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Cronos' future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Cronos' future price trend
Transformation
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Cronos Against Markets

Picking the right benchmark for Cronos crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cronos crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cronos is critical whether you are bullish or bearish towards Cronos at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Cronos without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Cronos

You need to understand the risk of getting into digital currencies such as CRO before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Cronos in four ways:

Buy CRO through an exchange

Get yourself a crypto wallet before embarking on your Cronos journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Cronos. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Cronos through an exchange

You don't have to buy a full token when starting out since CRO is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Cronos through a broker

If you don't want to store your Cronos Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in CRO through an exchange-traded fund (ETF)

You can also invest in CRO through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Cronos in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Continue to Trending Equities. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Cronos Crypto Coin

When running Cronos price analysis, check to measure Cronos' coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Cronos is operating at the current time. Most of Cronos' value examination focuses on studying past and present price actions to predict the probability of Cronos' future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Cronos' coin price. Additionally, you may evaluate how adding Cronos to your portfolios can decrease your overall portfolio volatility.
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