Crypto.com Price Prediction Soars 80% Beating Dogecoin and Shiba Inu

Lovata Andrean

Crypto.com Price Prediction jumps 80 Beat Dogecoin and Shiba Inu
Crypto.com Price Prediction jumps 80 Beat Dogecoin and Shiba Inu

Rancakmedia.com – According to CoinMarketCap, the Crypto.com Coin price prediction is US$ 0,7675 at 13.03 WIB on Tuesday (23/11), up 11,06 percent from the previous 24 hours. Prices have increased by 80,39 percent in the past week.

Crypto.com Coin is on the verge of replacing Dogecoin and Shiba Inu. After agreeing to become the title sponsor of a sports arena in downtown Los Angeles, the price of this cryptocurrency has increased by 80% in the past week.

Market capitalization Cryptocurrency.com Coin increased to US$ 19,47 billion as a result of the price increase, placing it 13th among the world's cryptos with the largest market capitalization, after Dogecoin (11) and Shiba Inu (11).

On November 17, Crypto.com Coin's market capitalization was still around US$10 billion, but skyrocketed above US$20 billion on Monday (November 22), before falling to US$19,47 billion on Tuesday (23/11).

According to Seeking Alpha, Crypto.com Coin signed an agreement with sports entertainment company AEG last week to replace Staples as the title sponsor of the Los Angeles Sports Arena.

Crypto.com Price Prediction jumps 80%

The Los Angeles Lakers (NBA), Clippers (NBA), Sparks (WNBA), and Kings (NHL) all play at Staples Center, which opened in 1999. It also hosts concerts and events such as the Grammy Awards.

Staples Center will change its name to Crypto.com Arena on Christmas Day or December 25 as part of a 20-year naming rights agreement. Two people familiar with the agreement told Bloomberg, as cited by Seeking Alpha, that the contract is worth more than $700 million over a 20-year period.

“The subsequent deal doubled the price of Crypto.com Coin and resulted in a $9 billion increase in market capitalization,” according to Seeking Alpha, citing the Twitter account @Melt Dem. “Innovative marketing strategy.”

Crypto.com Coin also announced a $100 million advertising campaign last week to raise awareness of the Singapore-based crypto company.

Crypto.com Coin Price Prediction 2022

The digital currency will probably start 2022 with an exchange rate of $1.6. The token could rise further, if it focuses on launching more products on its platform such as derivatives, exporting transaction history, and more. CRO may close 2022 at a trading price of $3.2.

Also Read

Share:

Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks