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CRO

Reminder: MCO is already trading way above the Swap Rate.At the moment, there is no liquidity. Crypto.com have basically forced everyone to sell their MCO as exchanges are participating in the swap. So there is next to nobody who owns MCO that hasn't already sold it. (Except for the top 25 addresses that ofcourse won't budge ;) This means there is a one-way pressure gradient. The only available MCO are going to come from an elite few (including Crypto.com that now own nearly 80% of the coin, who will then burn 50% to reduce supply even further). Have a look at how difficult it is going to be to get MCO after the burn and swap. MCO is already trading well above the swap rate and the buy-back offer period from CDC hasn't even finished as there is literally no more sellers. I tested out the upside with about 10k worth of MCO and the priced pumped by about 40%... After a certain threshold, this price is going to be soaring. It will be even more interesting to see what happens when CDC finally begin the moon stopover.
MLong
by GrantPeace
11
Before investing in CRO, read thisWhy i think CRO wil drop in the short term and in the long therm. Short story, a lot of early investors of MCO are mad and they have lots of CRO that will be unlock within one or 2 weeks and a lot more in 6 months. They feel wronged and don't see any potential in CRO. LONG STORY: MY 3 year journey with CDC (cryptodotcom) I first posted my review on the cryptodotcom reddit but they censor everything they don't like, so here's my story again. For the record I did not participate in the ICO. I held MCO since the summer of 2017. This is not FUD and it is highly subjective because it is MY experience. Crypto.com is a great app for buying crypto. But I would not trust them with all my funds after what happened on August the 3rd. Crypto.com was once called Monaco. They had an ICO for a cryptocurrency payments card. 15.7 million coins were sold and the other 15.7 million were hold by crypto.com. You could get a free card with benefits if you locked up 0, 50, 500, 5000 or 50000 MCO on the app. The higher, the better the rewards. It took a while before the first cards arrived and they kept giving wrong eta's until they stopped doing that because it always got delayed. After a while they printed 100 billion of a new coin called CRO it would be used for a whole payment network. MCO holders on the app would get airdropped 5 cro for every mco that they hold, each month for 60 months. After 7 months the airdrops stopped. Cards started shipping in the USA and the airdrops had to stop because of regulatory issues. So mco holders were pretty bumped out about that, but were happy that cards started to ship in other regions than just Singapore. Months passed, there was some advertising for MCO but not that much, finally cards started to ship in Europe and investors thought that this would be the moment for MCO to finally increase in price. But honestly most of the teams attention went to CRO and the new exchange with CRO-trading pairs. MCO holders were getting worried and during an AMA with the CEO of crypto.com Kris M. they asked if there was going to be a tokenswap for MCO with CRO. And he said there will NEVER be a token swap. So good news. There was also an MCO moon stopover on the roadmap so early investors were still hopeful. Months went by, MCO started disappearing from the major exchanges (getting locked up 6 months for the card) so things were looking up. Price also started to go slightly upwards. There was only a 15.7 million supply so after a while, the price would go up (high demand low supply - > basic economics) But after a while the price of MCO was starting to go down. MCO was flowing back on the exchanges. These were some weird events according to some early investors. They started asking questions. Is cdc (short for cryptodotcom) running on a fractional reserve? But they never got an answer. Then it happened. A maintenance for the app and exchange was announced for the 3rd of August. Nothing special, these things have to be done now and then. But a lot of early investors woke up and couldn't believe their eyes. A token swap was almost forced upon them. The MCO token would become useless and you would need CRO to stake for the card. But the problem was the terrible conversion rate. 1 MCO for 27 CRO. And a 20% bonus locked on the exchange for 6 months if you swapped before September(what now they can give free CRO after all???). (end rate 1:33) So what is so bad about this, and I've noticed that this is really hard to understand for some people is this. If you had a market share of 1% in MCO then you now had 1/6000 of that market share in CRO. How did they justify this? They based it on the dollar value of the coins at the last couple of days. Yes the last days when they let MCO die in a ditch and promoted the sh*'t out of CRO. A couple of months ago MCO/CRO would be 100. So yes this was the perfect timing for them. We don't know for sure for how long this was the plan. Did they pumped up the price of CRO and sold locked MCO cheap? There is no proof of that but it all smells fishy. The next day, 4th of August there was once again a AMA with Kris M. The CEO. (something I forgot to mention, the CRO lockup for the same card did a x100. Weird right? When user only got an x32. 500 mco card became a 50000 CRO card. If you had the card already you'd be grandfathered in) Alot of people complained but Kris said that they couldn't give out higher rates like x100 because it would cost them too much money. Yes you read that correctly they couldn't give early investors a higher rate of their 100 billion printed CRO. That would literally cost them nothing. It's only a lost future profit. Small price to pay to keep the early investors happy who made it possible for CRO to be created. So what did they do, they lowered the stake for the cards with /5. 50000 CRO became 10000 etc. Pretty smart move to keep the attention of the x33 swap rate. There's a chance that this was the plan al along. But again this is just speculation. End of story. Alot of things happened that are fishy. And I still hope that there will be a bigger reward for the early investors. But I doubt it. It's a good app for buying crypto but I would not trust them with all of your funds because they can freeze them whenever they want. Cards work fine and I'll keep using one. Customer support is a bit slow but always friendly and helpful. Some people will have the same opinion as me, and others will probably call me a whiny little b*tch. So let just skip that part. It's a review and those are subjective. And this should be allowed in the cryptospace.
HITBTC:CROUSD
by pol13337
6
cro stablity in uncertain crypto timesthose who know me know that the only crypto im actually bullish on is cro, its the only one I have long term holdings in, and nit just cause I get free spotify and Netflix with it, the insane amount of perks and cash back, and the 16 percent yield farming, the coolest looking card that you cant call plastic, visa even backs this token, but because to hold cro means you have honest intentions to watch a supe steady 300 plus percent a year growth, this coin is actually super awesome. and to see it go through the September masacre and basically bounce right back, forget about the FA evaluations on this token, TA is saying theres good momentum, good signs, bullish crossing on the daily forming, already formed on the 4 hour marker, and its bouncing off its mature support level, I think this is the only crypto to realize solid and not overinflated profits at around 20% going into mid November and after stimulus time and pre Christmas this should be past the key area into the 22 to 25 cent range. that's way better then hunting down slaughtered to death coins like uni, so im doing a favor and posting this when I was kinda fencing about it but the crypto day traders need a break and need some decent profits as of late we been taking a beating lol
Long
by track4success
XVG Verge Escape XVG to PMA - Pumapay The New XVGBe quick to throw away all your XVG or RDD or DOGE throw away and buy up to 30x more PUMAPAY coins that is 30x cheaper Don't think twice the dominate factor is to have more currencies possible in relation to the total existing value of the same if you have for example 1btc of xvg sell everything and buy 30x more PMA PumaPay coins as soon as the pumapay is in 30 Satosh that your 1BTC has turned into 30 BTC The math is logical Throw away all your XVG or RDD or DOGE or other strangers Come to this promising new project PumaPay
XShort
by MasterPlayer
16
Crypto.com Boom? This Is What I Am Feeling...Crypto.com (CROBTC) tested EMA50 as support after a very easy retrace. This pair, CROBTC, has been growing massively in the past few months, so it would be normal to expect a strong correction after such growth. Right now we don't see much momentum going to the bears' side... It looks like CROBTC can resume straight up after testing and confirming EMA50 as support. Seeing how the candles are stacking together, one green candle next to the other, this can lead to a strong jump in prices when we see this type of consolidation taking place. I am betting CROBTC will jump... Let's see how it goes. This is not financial advice. Namaste.
Long
by MasterAnanda
9
CRO/USDT Day Chart-Outlook Bullish IdeaCro looking strong bouncing against the resistance of the interior of the flag. NIce bull pennant that should break through the top portion of the triangle after one more bounce. We should see a pump to the upside followed by cup pattern dip then a good bit of upside. This is a coin I see having an overall value at the minimum $5 per coin. With its predecessor holding an average value of just over $5 its easy to see with the liquidation of MCO into CRO and it being used as the primary coin for the staking required to obtain their card that comes with plenty of incentives. Its this very service among others, that convinces me $5 will be no problem with or without their other services including an exchange and their various partnerships with companies such as Visa, and Amazon. Throw me a like if agree and follow me if you like.
CLong
by The_New_Disciple
4
MCO -A Hot Dumpster Fire Loosing SupportNo chart lines needed, breaking down through historical support on the chart. If this looses $4 we will be looking for a new low. MCO looks like a hot mess melting down while everything else is melting up. Why did I buy any of this? OH Yea~ They sent me a debit card! I completely forgot about that and have never used it. Crypto dot coms other coin CRO on the other hand has more than made up for any looses on MCO assuming you bought some of that too and if you leave it on their platform you can get 18% APY on it, but it is not automatically compounding. You are going to need those CRO gains to put your MCO fire out. Crypto dotcoms referals welcome if my chart helps you make a hard decision in the short term. Referral code: 3pfx3etpmk
MShort
by wesmantx05
18
CRO -Resuming Parallel Channel Uptrend after parabolic blowoff-CRO has resumed trading in its parallel ascending price channel after a brief explosive break out upwards. Unlike the Related Idea below for MCO tokens, CRO has been an excellent buy as this platform offers staking some CRO with an impressive 18 percent yield, add that to the incredible price appreciation we have seen, you are going to need all of that to offset all your losses on MCO tokens. Cryto platform referrals are welcome if my chart helps you make a hard decision in the short term. Referral: 3pfx3etpmk
CLong
by wesmantx05
Crypto.com (CRO) Continues To Grow, Silently...CROBTC (Crypto.com) continues to grow silently and somehow I am getting the feeling that it will do more. The chart is strongly bullish. It continues to grow steadily which is a signal of strength. When an uptrend like this takes form, it is only a guess when it will break... With that said, here I marked the most important support level in orange, as well as the next main targets with magenta dashed lines. Jun. 3 | Previous chart Crypto.com (CRO) Going Parabolic? (240% Mapped) Namaste.
Long
by MasterAnanda
3
Quick look at the major altcoins indexHi all, It's been a long time since we last looked at the major altcoins index. You know very well that we have some new entrants there, however, you know the volatility of the cryptocurrency market, so I will keep XBT and EOS in and CRO and ADA out for the time being, mainly given the fact the total difference is approximately $2 billion. So, for now, the index consists of ETH, XRP, BCH, BSV, LTC, BNB, EOS, and XBT. The total altcoins market now stands at $102 billion, up from $92 billion on July 1, which makes a stunning 10 percent increase over the last seven days. Bitcoin dominance drops down to 62.9 percent. Looking at the chart, generally, the projected targets remain the same - capture $735 and consolidate around that level and then make a push towards $765, which you can see marked as critical horizontal S/R line. Also visible are the past interactions between the price and that line. Again, what this custom index intends to give is an overview of the general direction the biggest altcoins are taking. You know better than me that usually most of the non-BTC projects are following similar trajectories, the only difference being the percentage change they make. We do have exceptions of course. The 200-day EMA is now in synch with the $735 mark, so it makes that area even more important in the long-term.
GEMINI:ETHUSDLong
by FutureBlockchain
2
Crypto.com (CRO) Going Parabolic? (240% Mapped)Crypto.com (CROBTC) is going parabolic and has been growing for weeks. Prices are now strongly moving above EMA10 and EMA50 while gaining momentum... This pair can continue to grow and print massive volumes. Keep an eye on this chart. Conditions for change If prices drop below the orange space with a dashed blue line, the bullish bias is reduced and a new analysis is needed. We remain strongly bullish above support. This is not financial advice. You still need a plan/strategy if you decide to trade. Namaste.
Long
by MasterAnanda
3