Cronos Trading Down 9.9% This Week (CRO)

Cronos (CRO) traded 2.3% lower against the dollar during the one day period ending at 15:00 PM ET on August 3rd. One Cronos coin can now be purchased for approximately $0.0818 or 0.00000136 BTC on major cryptocurrency exchanges. Cronos has a market capitalization of $2.17 billion and approximately $7.60 million worth of Cronos was traded on exchanges in the last day. In the last seven days, Cronos has traded down 9.9% against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 5.5% lower against the dollar and now trades at $22.58 or 0.00037526 BTC.
• NEAR Protocol (NEAR) traded down 8% against the dollar and now trades at $4.30 or 0.00007140 BTC.
• Internet Computer (ICP) traded 10.5% lower against the dollar and now trades at $7.71 or 0.00012804 BTC.
• Hedera (HBAR) traded 4.7% lower against the dollar and now trades at $0.0566 or 0.00000094 BTC.
• Cosmos (ATOM) traded down 5.8% against the dollar and now trades at $5.04 or 0.00008375 BTC.
• Fetch.ai (FET) traded down 9.6% against the dollar and now trades at $0.99 or 0.00001642 BTC.
• Algorand (ALGO) traded 6% lower against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Akash Network (AKT) traded 9% lower against the dollar and now trades at $2.35 or 0.00003901 BTC.
• Theta Fuel (TFUEL) traded down 7.6% against the dollar and now trades at $0.0569 or 0.00000095 BTC.
• Kava (KAVA) traded 6.9% lower against the dollar and now trades at $0.33 or 0.00000552 BTC.

Cronos Coin Profile

Cronos uses the hashing algorithm. It launched on November 14th, 2019. Cronos’ total supply is 30,000,000,000 coins and its circulating supply is 26,571,560,696 coins. Cronos’ official website is cronos.org. Cronos’ official Twitter account is @cronos_chain and its Facebook page is accessible here. Cronos’ official message board is blog.crypto.com. The Reddit community for Cronos is https://reddit.com/r/crypto_com and the currency’s Github account can be viewed here.

According to CryptoCompare, “Crypto.com is a cryptocurrency payment and investment platform that offers users a wide range of financial services, such as buying, selling, and storing cryptocurrencies, a mobile app, an exchange for trading cryptocurrencies, a wallet for storing digital assets, and a Visa card for spending cryptocurrencies. It also has its own EVM called CronosScan, and its native token is Cronos (CRO). Crypto.com was founded in Hong Kong in 2016 by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, and was renamed in 2018 after the purchase of the domain owned by Matt Blaze.”

Buying and Selling Cronos

It is usually not possible to buy alternative cryptocurrencies such as Cronos directly using U.S. dollars. Investors seeking to acquire Cronos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cronos using one of the aforementioned exchanges.

CRO/USD price chart by TradingView