So don't forget this is just a forecast and everything can happen with young projects, they are not big in marketcap and strongly drived by the King. if BTC up they grow soon or later, if BTC down they dip. FA is alsd very important, if the project team management make good announces, project will be good, if they do shits, we rekt with them.
That said, Cryptocom Project started very good, their visa system is nice, after that they made some mistakes like cut rewards and APY by 50%, it caused a big depression, after that they decided to burn 70 Billons CRO, partnered with Aston Martin F1 for promote CDC, so it started to rush again. This project is still very young and time will speak, but like i said many times, don't forget they have CRYPTO.COM domain name, and this is an huge advantage.
Lol... Must not be following the project very well. To not know mainnet launches March 25th. Where you can move crypto faster and cheaper than btc and ETH. Plus they will be offering 20% APY on March 25th who stake their CRO to validating nodes... AND plan on offering that 20% for the next 5 years. Which would eliminate any in circulating supply. 100% circulation after paying out all rewards to stakers. News doesn't get bigger than that. But the chart looks to be about right. Ascending Channel.
thecryer
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@sufficientUser25596, yes i am not following it day by day, i just stack some cro for icy card, i believe this project can be huge!, thanks for sharing those precious informations!
mathgaletcontact
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@sufficientUser25596 they're going to give 20% apy on cro? That's insanely good!
SteveGold325
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@sufficientUser25596, Where did you hear its for the next 5 years do you have a link that a big deal and very bullish... ".. AND plan on offering that 20% for the next 5 years. "
sufficientUser25596
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@GreatBull, I was wrong they have 5 billion cro set aside for the next 10 years for rewards.
SteveGold325
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@sufficientUser25596, how exactly does that all work ? so they acan afford to pay out this for up to 10 years?
sufficientUser25596
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@GreatBull, because they have 10 billion 5 billion towards staking rewards. 5 billion for themselves. So now you focus on driving the price of CRO up. CRO makes it to $1 that's 5 billion big ones. 90% of supply is circulating. That means there's a finite amount available now. Just like bitcoin. That drives up price... Staking rewards keeps people from selling it. For 10 years. All that drives up price.
BCBackerBacker
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@sufficientUser25596, didn't catch the part about guaranteeing the next 5 years?