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Author Topic: Big news for Crypto.com (cronos) - who is invested?  (Read 42 times)
JamesDaniel90 (OP)
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August 15, 2024, 09:35:05 AM
Last edit: August 15, 2024, 10:42:11 AM by JamesDaniel90
 #1

Just read the news that crypto.com has become the official Champions League sponsor for the next 3 years - pretty big news!

I have been invested in Cronos for a few years now and surprised there is not much talk of it on this forum considering its a pretty big platform.

Anyone else invested? Are we thinking this is big news or not?

https://cointelegraph.com/news/crypto-com-becomes-official-uefa-champions-league-partner
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August 15, 2024, 10:52:21 AM
 #2

Big news for them, the UEFA Champions League has huge viewing figures & is the most prestigious club soccer trophy in Europe. I look forward to seeing the logo around the sides of the field when the games are on. Hopefully it brings more crypto exposure which leads to increased adoption which leads to my bags pumping.

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August 15, 2024, 11:23:59 AM
 #3

Anyone else invested? Are we thinking this is big news or not?

No, I don't invest in Cronos (CRO), I think this platform doesn't get enough attention from the crypto public, and that could be due to several things, it could be that their token is less popular because its utility isn't strong. To me, this news is big news, but why isn't the impact so strong? no significant increase occurred, even though they will be the official sponsor of UCL for the next 3 years.

R


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August 15, 2024, 11:26:35 AM
 #4

It's a good news to those who are holding cronos and this could leads to continue buying which the other way round turns to a massive investment and I believe people has been increasing their holdings secretly.
But it would showcase more when people started seeing them displayed by when the games are on running just as the previous poster said.

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August 15, 2024, 11:36:02 AM
 #5

The champions league group stages don't start for another 5 weeks - that is when it will make an impact.

I hold Cronos and even before this news was hoping it would do well so hopefully this will really help it in the next 6-12 months for the rest of this bull run.

More importantly though it will help crypto as a whole.
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August 15, 2024, 02:15:36 PM
 #6

There are nothing change lol, it's not a big news.



The champions league group stages don't start for another 5 weeks - that is when it will make an impact.

I hold Cronos and even before this news was hoping it would do well so hopefully this will really help it in the next 6-12 months for the rest of this bull run.
Nah, if the partnership really give a big impact, the impact will start from yesterday. It doesn't need to wait until the group stages ends since cryptocurrency is digital, most people who own cryptocurrency are active in digital space instead of real life.

If Cronos price increase in the next 5 weeks or 6-12 months, it doesn't necessary due to this partnership, instead it's due to Bitcoin price increase.

 
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August 15, 2024, 02:22:08 PM
 #7

There are nothing change lol, it's not a big news.



The champions league group stages don't start for another 5 weeks - that is when it will make an impact.

I hold Cronos and even before this news was hoping it would do well so hopefully this will really help it in the next 6-12 months for the rest of this bull run.
Nah, if the partnership really give a big impact, the impact will start from yesterday. It doesn't need to wait until the group stages ends since cryptocurrency is digital, most people who own cryptocurrency are active in digital space instead of real life.

If Cronos price increase in the next 5 weeks or 6-12 months, it doesn't necessary due to this partnership, instead it's due to Bitcoin price increase.

Lets see, I only stumbled across the news earlier. Hundreds of millions of people will be watching the champions league from next month around the world so it can only help.

I will just continue holding my bag and hopefully we have a good last few months of the year like most of us are expecting. 
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