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CRO price hits new high after Crypto.com wins Los Angeles’ Staples Center naming rights -Breaking

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Crypto.com’s native cryptocurrency, CROOn Nov. 18, the price of, jumped to an all time high at $0.593 after the company Name rights won to Los Angeles’ Staples Center.

Trading platform for cryptocurrency AnnoucedTuesday night, it announced that $700 million had been paid to Anschutz Entertainment Group for Staples Center’s renaming to Crypto.com over the next twenty years. In doing so, it gained links with the downtown arena’s native sports franchises, including the National Basketball Association’s Los Angeles Lakers and Clippers, and the National Hockey League’s Kings franchise.

3 day price chart with ascending channel patterns. Source: TradingView
Daily price chart for CRO/USD Source: TradingView