this is another ALT thats been beaten to pulp and has enough utility and real world money behind her that under .10 cents is a steal. lol u can see its an old chart, the note says still think can go down to .25 ish or something lol like I said shes beaten down.
Yes this is a centralized exchange, after FTX everyone is not to cool wit crypto, esp crypto centralized exchanges.
CRO does have some true utility here i must grudgingly admit. They did build their own blockchain to DeFi it up while having the ability to better integrate and/or interact with other crypto blockchains as well as exit and entry points out and into the crypto wild west, yes Like Ethereum, kinda,
CRO paid weird bookou bucks to acquire the name CRO or Crypto.com and as you all know, they pump their name everywhere. Also recently added limit orders and the cherry on top is in highly regulated states like mine, in USA (Washington) you can access this exchange (when in most cases I can not without a VPN etc but that brings up a bunch of KYC registration etc issues that are impossible to tricky to navigate esp as the amount of profits gets bigger.)
Not a huge fan of the CEO, more a personal dislike then any real reason, yes he reminds me of a supervillain but not one of the cool ones but those weird secretive and super selfish French type super villain. The other issue is I dont see how every exchange out here is not on some level practicing fractional banking on some level. (short answer is you dont need much, like 10 percent of the total amount, loan or whatever the game, they only need to hold an actual one tenth of their liabilities ie money owed to investors/clients/whatever ya they only need to have around one tenth and yes this is standard for the majority of the world banking industry.
(If this is a somewhat new concept for you I highly recommend going down that rabbit whole when your up for it and have the time to burn. just look up fractional reserve banking and go from there)
Not huge into ALTs but in general some true utility in that world and worth watching maybe even a small HODL bag or two for the projects beaten "all the way back down" . You still want to avoid stuff that didnt drop drop to All Time Lowes or near it like ENJ n MANA that could still use some death spiraling b4 risk drops enough to grab a bag. These "Big Time Projects" are well ran and well funded (lol mostly) After so much blood youll see with these there are levels they just dont really go below (unless a true blue Black Swan event) due to projects owners and early investors HODLed up going nowhere when it comes to their "homeTown" Alt project_
stuff I still like, solid teams/utility/funding/etc (not in order and always forget a few) _CRV, Cosmos Projects _ATOM token is one of the top top utility picks for ALTS, _ZKS is my Fav layer 2 project and DEX sorry kid crying again...more to come on my ALT list if anyone is still interested ill update this idea with a decent list.