Cronos supply increased from 30B to 100B - thoughts?

[dansus021]

I have been invested in Cronos (crypto.com) for almost 3 years now and this week it was decided to increase supply from 30B to 100B over the next 10 years.

The plan is to increase by 1 Billion monthly and the current circulating supply is 26B so by the end of 2025 it will be 35B.

I am just wondering if it will make that much difference to the potential of Cronos this year?

I plan to sell my Cronos later this year when we next have a big leg up with Bitcoin and altcoins and i had hoped it would hit around $0.80 this year, current price is $0.08.

Will this news really make it much harder for Cronos to increase in price or will it not make much difference this year?

Cronos supply increased from 30B to 100B - thoughts?

Im the kinda guy who really doesn't like crypto with big supply or unlimited supply because of what, if the purpose is unclear increasing supply fromthe  initial can make the price worse and never reach their previous all time high + if the token doesn't have burn mechanism. In my opinion token with unlimited supply without a burning mechanism are just the same like the fiat do.

x10 from today price is hard because the cronos itself is 2B marketcap with current supply and if the proposal is approved 0.8 is hard to achieve IMO

[JamesDaniel90]

I have been invested in Cronos (crypto.com) for almost 3 years now and this week it was decided to increase supply from 30B to 100B over the next 10 years.

The plan is to increase by 1 Billion monthly and the current circulating supply is 26B so by the end of 2025 it will be 35B.

I am just wondering if it will make that much difference to the potential of Cronos this year?

I plan to sell my Cronos later this year when we next have a big leg up with Bitcoin and altcoins and i had hoped it would hit around $0.80 this year, current price is $0.08.

Will this news really make it much harder for Cronos to increase in price or will it not make much difference this year?

Cronos supply increased from 30B to 100B - thoughts?

Im the kinda guy who really doesn't like crypto with big supply or unlimited supply because of what, if the purpose is unclear increasing supply fromthe  initial can make the price worse and never reach their previous all time high + if the token doesn't have burn mechanism. In my opinion token with unlimited supply without a burning mechanism are just the same like the fiat do.

x10 from today price is hard because the cronos itself is 2B marketcap with current supply and if the proposal is approved 0.8 is hard to achieve IMO

Current 2B market cap is nothing for a top crypto, it can 10x easy. If it does it will only have a 20B market cap, that’s nothing.

Doge, a meme coin, has a current market cap of 27B so if that can do it then so can Cronos

[JamesDaniel90]

Good news for Cronos partnering up with Trump , it is up over 35% last 12 hours.

This is why it is important not to just give up on something at the first bit of bad news, a lot more to come for Cronos this year ..

https://decrypt.co/311452/crypto-token-cronos-spikes-following-trump-media-crypto-com-tie-up?amp=1

[FinneysTrueVision]

Current 2B market cap is nothing for a top crypto, it can 10x easy. If it does it will only have a 20B market cap, that’s nothing.

Doge, a meme coin, has a current market cap of 27B so if that can do it then so can Cronos

You must have some real heavy bags if you really believe this. Cronos has a very small user base compared to other smart contract blockchains, it is not a top crypto.

Good news for Cronos partnering up with Trump , it is up over 35% last 12 hours.

This is why it is important not to just give up on something at the first bit of bad news, a lot more to come for Cronos this year ..

https://decrypt.co/311452/crypto-token-cronos-spikes-following-trump-media-crypto-com-tie-up?amp=1

Now we know why they needed to print billions of dollars out of thin air for themselves, so they could bribe the president of the United States. Trump partnerships can be bought by anyone, which is how Justin Sun became an advisor to World Liberty Financial, and this is why every few weeks WLFI announces that they’ve acquired a few million worth of random shitcoins like MOVE and ONDO.

[JamesDaniel90]

Current 2B market cap is nothing for a top crypto, it can 10x easy. If it does it will only have a 20B market cap, that’s nothing.

Doge, a meme coin, has a current market cap of 27B so if that can do it then so can Cronos

You must have some real heavy bags if you really believe this. Cronos has a very small user base compared to other smart contract blockchains, it is not a top crypto.

Good news for Cronos partnering up with Trump , it is up over 35% last 12 hours.

This is why it is important not to just give up on something at the first bit of bad news, a lot more to come for Cronos this year ..

https://decrypt.co/311452/crypto-token-cronos-spikes-following-trump-media-crypto-com-tie-up?amp=1

Now we know why they needed to print billions of dollars out of thin air for themselves, so they could bribe the president of the United States. Trump partnerships can be bought by anyone, which is how Justin Sun became an advisor to World Liberty Financial, and this is why every few weeks WLFI announces that they’ve acquired a few million worth of random shitcoins like MOVE and ONDO.

Cronos all time high was $0.90 back in 2021 and the market cap then was $22B.

I am not sure how you check what the supply was at the time of the above, but is it really that hard to believe it could hit $20B market cap again this year?

[hero_the_bossman]

Good news for Cronos partnering up with Trump , it is up over 35% last 12 hours.

This is why it is important not to just give up on something at the first bit of bad news, a lot more to come for Cronos this year ..

https://decrypt.co/311452/crypto-token-cronos-spikes-following-trump-media-crypto-com-tie-up?amp=1

Great news for the holders of that coin.

I hope you will reach your targets in no time

[Renampun]

I have been invested in Cronos (crypto.com) for almost 3 years now and this week it was decided to increase supply from 30B to 100B over the next 10 years.

The plan is to increase by 1 Billion monthly and the current circulating supply is 26B so by the end of 2025 it will be 35B.

I am just wondering if it will make that much difference to the potential of Cronos this year?

I plan to sell my Cronos later this year when we next have a big leg up with Bitcoin and altcoins and i had hoped it would hit around $0.80 this year, current price is $0.08.

Will this news really make it much harder for Cronos to increase in price or will it not make much difference this year?

I don't really follow the latest news about this cronos token, but based on what I understand, if the supply increases (1 billion per month) then it is certain that in the long term the price of cronos will be increasingly depressed, but do cronos developers not implement a token burn system, but if you do have plans to sell the cronos you have in the near future, that's pretty good considering the impact of the increase in the supply of cronos will not have a significant impact in the short term.

[JamesDaniel90]

I have been invested in Cronos (crypto.com) for almost 3 years now and this week it was decided to increase supply from 30B to 100B over the next 10 years.

The plan is to increase by 1 Billion monthly and the current circulating supply is 26B so by the end of 2025 it will be 35B.

I am just wondering if it will make that much difference to the potential of Cronos this year?

I plan to sell my Cronos later this year when we next have a big leg up with Bitcoin and altcoins and i had hoped it would hit around $0.80 this year, current price is $0.08.

Will this news really make it much harder for Cronos to increase in price or will it not make much difference this year?

I don't really follow the latest news about this cronos token, but based on what I understand, if the supply increases (1 billion per month) then it is certain that in the long term the price of cronos will be increasingly depressed, but do cronos developers not implement a token burn system, but if you do have plans to sell the cronos you have in the near future, that's pretty good considering the impact of the increase in the supply of cronos will not have a significant impact in the short term.

I plan to sell it within the next 6 months, when Bitcoin and altcoins are around bull run peak.

I understand it is not good news for those wanting to hold for many years, but i feel those of us wanting to sell in the next few months, an increase of 3 or 4 Billion in supply wont make too much difference to its price potential this year.

[FortuneFollower]

I plan to sell it within the next 6 months, when Bitcoin and altcoins are around bull run peak.

I understand it is not good news for those wanting to hold for many years, but i feel those of us wanting to sell in the next few months, an increase of 3 or 4 Billion in supply wont make too much difference to its price potential this year.

It's wise to not to hold such a coin for such a long time.

When it's time - it's time to leave it and go for the next target.

[JamesDaniel90]

I plan to sell it within the next 6 months, when Bitcoin and altcoins are around bull run peak.

I understand it is not good news for those wanting to hold for many years, but i feel those of us wanting to sell in the next few months, an increase of 3 or 4 Billion in supply wont make too much difference to its price potential this year.

It's wise to not to hold such a coin for such a long time.

When it's time - it's time to leave it and go for the next target.

Definitely. I have been buying Cronos for over 2 years now so am happy to exit my position later this year when we finally see proper alt season.

We saw a few months ago how quick altcoins can move, Cronos pumped from $0.07 to $0.20 in less than a week and it will do it again once the market start moving up again.

[alani123]

It's a shitty inflationary plan that will lead to the coin completely folding and even losing in total market cap.

The founders should consult with the community instead of basing this completely off their interest. Crypto.com already has enough revenues to be able to distribute some and attract more interest through the rewards. Inflation is never the answer in crypto if you want longevity of a project and a crypto exchange should really know better instead of implementing such policies.

Hopefully they think again about this because the holders are really going to be dissatisfied with whatever comes after such massive inflation.

[JamesDaniel90]

It's a shitty inflationary plan that will lead to the coin completely folding and even losing in total market cap.

The founders should consult with the community instead of basing this completely off their interest. Crypto.com already has enough revenues to be able to distribute some and attract more interest through the rewards. Inflation is never the answer in crypto if you want longevity of a project and a crypto exchange should really know better instead of implementing such policies.

Hopefully they think again about this because the holders are really going to be dissatisfied with whatever comes after such massive inflation.

It won’t make much difference this year though that’s the main thing.

I plan to be out within 6 months which is long before the impact of this inflationary plan really affects the potential.

[CroverNo01]

I have been invested in Cronos (crypto.com) for almost 3 years now and this week it was decided to increase supply from 30B to 100B over the next 10 years.

The plan is to increase by 1 Billion monthly and the current circulating supply is 26B so by the end of 2025 it will be 35B.

I am just wondering if it will make that much difference to the potential of Cronos this year?

I plan to sell my Cronos later this year when we next have a big leg up with Bitcoin and altcoins and i had hoped it would hit around $0.80 this year, current price is $0.08.

Will this news really make it much harder for Cronos to increase in price or will it not make much difference this year?

I'm here and learning more feature about this present. The roadmap of Cronos is consider to be imperative, and I've acknowledged the fact about the project becoming a formidable one. Cronos is a good investment and I'm also thinking about making crucial research about this project because I'm leaning on making important project for myself.

Cronos price is currently $0.1010 and it's consider to be a formidable price? Well we should keep asking ourselves because there's more to invest since the total supply of CRO is 30B. Give it more 10 years, one will be surprised with the whole project. Moreover we should expect more next year as the project is having some extension.

[FinneysTrueVision]

Cronos all time high was $0.90 back in 2021 and the market cap then was $22B.

I am not sure how you check what the supply was at the time of the above, but is it really that hard to believe it could hit $20B market cap again this year?

2021 was a very different time. There is a lot more competition today. In 2021 CRO hit its all time high following in BTC’s steps, but since then CRO has fallen 90% while Bitcoin has reached new highs.

For a coin that has been around a long time and has a market cap of several billion dollars, a 10x increase in a year is next to impossible. The last coin to accomplish this was Solana and they had all the memecoin hype behind them. We typically only see these massive speculative bubbles that can propel that kind of growth immediately following a long crypto winter. It is already too late in this cycle for CRO to match or surpass their previous all time high.

[JamesDaniel90]

Cronos all time high was $0.90 back in 2021 and the market cap then was $22B.

I am not sure how you check what the supply was at the time of the above, but is it really that hard to believe it could hit $20B market cap again this year?

2021 was a very different time. There is a lot more competition today. In 2021 CRO hit its all time high following in BTC’s steps, but since then CRO has fallen 90% while Bitcoin has reached new highs.

For a coin that has been around a long time and has a market cap of several billion dollars, a 10x increase in a year is next to impossible. The last coin to accomplish this was Solana and they had all the memecoin hype behind them. We typically only see these massive speculative bubbles that can propel that kind of growth immediately following a long crypto winter. It is already too late in this cycle for CRO to match or surpass their previous all time high.

Let’s see. CRO at $0.80 may be unlikely , but I will still be happy with $0.42 which would be a 6x for me and that’s definitely possible.

We have many months still to go this bull run, when Bitcoin is around $125k+ , Altcoins will be pumping too like we saw in December.