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Crypto.com’s CRO Surpasses a $14B Market Cap Threshold Value -Breaking

by Mike Robinson

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Crypto.com’s CRO Surpasses a $14B Market Cap Threshold Value
  • Crypto.com’s CRO has seen a $14 billion market cap hike today.
  • Also, token prices have risen 40% over the past 24 hours.
  • Many people attributed the surge to an update to Staples Center LA, which will now be called Crypto.com.

CRO — the primary native currency of Crypto.com is proving that it has no time to waste in the crypto space as it has freshly surpassed a whopping $14 billion in market cap. In terms of price action it has also increased by 30% and is the 16th biggest crypto on CoinMarketCap.

CRO News today is not based on CRO’s performance over the past 24 hours, which has set a new record for crypto future. In relation to the CRO’s current bullish momentum and all the hype around its market cap surge, many attributed this as a response to the recent announcement that Staples center in LA will be renamed to Crypto.com on the right deal.

Akin to this, the company’s remaining right deal is scheduled to occur in June 2022. This upcoming event is believed to have cost Crypto.com more than $700 million for its remaining right agreement, which will last 20 years.

Crypto.com spent a lot of money on this deal. It makes perfect sense.

As of this writing, CRO prices are trading at $0.587210 and is moving closer to a new ATH.

Continue reading on CoinQuora

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