A large-cap altcoin built on the Ethereum network has begun a rally that has brought it closer to an all-time high after gaining support from leading US crypto exchange Coinbase.
Crypto.com Coin (CRO) The price of the asset has surged close to 20% with the announcement that the asset will be listed on Coinbase Pro, while the altcoin is currently trading at $0.25, up 14% from the last 24 hours.
The cryptocurrency is designed to empower Crypto.com’s mobile wallet and payment app, and beyond that, ultimately an ecosystem that connects consumers and traders around the world.
According to CoinGecko, the CRO currently worth $0.25; He had a wild ride in 2021. Starting the year at $0.05 altcoinIt hit an all-time high of $0.27 in February before reversing as low as $0.09 in June.
The 36th largest cryptocurrency by market capitalization on CoinMarketCap, CRO was originally launched on Ethereum and is now used as the native currency of the Crypto.com blockchain using the Cosmos software development kit (SDK) and the Tendermint consensus protocol.
Coinbase Pro will be paired with the US dollar, euro and Tether (USDT). cryptocurrency He stated that he will specifically list the Ethereum-based version of his unit. Again, Coinbase announced that it has not yet decided whether the altcoin will be added to the company’s retail platform Coinbase.com.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.