CRO vs. CRV: Which is the Better Coin?
Crypto.com Coin (CRO) is the native token of the Crypto.com Chain. On the other hand, the Curve Dao token (CRV) powers the automated market maker system on Curve, a decentralized exchange. Its token, CRV, is made up of ERC-20 tokens built on the Ethereum network and generated via Aragon, an Ethereum-based development tool. CRV connects smart contracts and manages liquidity between trading pairs automatically.
What Are Crypto Exchange Tokens?
A cryptocurrency exchange token is a digital asset used to exchange cryptocurrencies. These are platforms that allow people to buy and sell cryptocurrencies. Unlike traditional financial services, exchange platforms offer a user-friendly interface. They also allow users to access a variety of digital assets.
Crypto exchange tokens are commonly used to increase exchange liquidity and encourage trading activity. They can also help facilitate a community governance process.
CRO
The CRO token is a utility token that folks can use in the Crypto.com ecosystem. It’s designed to help build a network of projects and develop merchants’ ability to accept payments using cryptocurrencies. The Crypto.com Chain is a high-performance native blockchain that will make the payments process more secure and seamless. It will allow users and merchants to interact with each other seamlessly.
The CRO token is used to access various services on the platform, such as pay fees, bonuses, and institute trades. It’s also designed to be interoperability-friendly. For instance, if you have a multi-currency wallet that supports the Crypto.com Chain, you can easily store your CRO tokens in that wallet.
The total supply of CRO is limited to 30 billion coins. This total supply is allocated for five different purposes:
30% — Secondary distribution and launch incentives – released in batches daily over five years from November 14, 2018;
20% — Capital reserve – frozen until Nov, 7, 2022;
20% — Network Long-Term Incentives – frozen until November 7, 2022;
20% — Ecosystem grants – frozen until the launch of Crypto.com Chain Mainnet;
10% — Community development.
CRO Price Prediction
According to the Wallet Investor, the price of the CRO token is currently around $0.5145. It has a bright future and is expected to increase in the long run. Based on our prediction, the price of CRO will rise to around $2 in 2026. Its 5-year revenue growth rate is expected to be 328.1%.
According to Market Realist, the price of CRO has finally reached a bottom and is expected to recover to around $0.5145 by the end of the year. This price is around half of its all-time high of $0.24. It is also predicted that the token will be profitable in the long run as it will increase in value and global adoption.
According to Trading Beasts, the CRO token price could reach around $0.99 by the end of 2022. Its price prediction shows it could rise to $0.76 by June 2025.
Based on GOV Capital, analysis of historical data, and price technicals, the CRO price prediction by Crypto.com could reach around $1 at the end of this year and around $2 at the end of 1 year.
CRV
The utility token for the platform known as the Curve.fi is used to exchange stablecoins and other cryptocurrencies. It aims to connect users with others interested in doing the same. Unlike other platforms, the company’s financial system is not a custodial one.
The platform is an automated market maker and exchange. It enables users to trade assets without requiring permission. An AMMs eliminates the need for order books and allows them to perform transactions through liquidity pools.
CRV was launched in August 2020 with Curve DAO. It is a governance medium and fee payment method that aims to function as a long-term earnings method for multiple liquidity providers.
CRV’s total supply is 3.03 billion tokens, of which 62% are distributed to liquidity providers. The remainder, 30%, is divided among shareholders, 3% among employees, and 5% is earmarked for a community reserve. Employees and shareholders will receive their allocations over two years.
In one year after the launch of CRV, 750 million tokens are expected to be in circulation because there was no premine.
CRV Price Prediction
According to the projections of the Wallet Investor experts, the Curve DAO token price will reach $1.139 in one year. On the other hand, the projections and research by Digital Currency Price, the price of the Curve DAO token will hit $2.27 by December 2026.
According to Trading Beasts, the average price of the Curve DAO token will be around $2 by the end of 2022. Gov Capital, on the other hand, predicts CRV will reach $2 by the end of 2022.
Technical analysis and price prediction by Price Prediction indicate that the value of the curve DAO token will increase in 2026. For instance, the expected price of the token will be around $6.84, while the minimum value of the asset will be around $6.64.
Summary of the Comparison Between CRO and CRV Tokens
Attributes | CRO Token | CRV Token |
Symbol | CRO | CRV |
CMC rank | 22 | 66 |
Market Cap | $2,075,284,820 | $453,274,346 |
Max supply | 30,263,013,692 | 1,785,944,666 |
Circulating Supply | 16,997,716,894 | 391,958,099 |
Daily trading volume | $8,951,748 | $132,083,983 |
All Time High | $0.958554 | $15.37 |
All Time Low | $0.01149 | $0.3316 |
A Look into CRO and CRV Performance
Attributes | CRO | CRV |
Price in USD | $0.122092 | $1.16 |
Change in 24 hours % | 2.77% | 4.87% |
Change in 1 week % | -0.67% | 13.51% |
Change in 1month% | 7.04% | 74.52% |
Change in 1 Year | 6.44% | -18.73% |
Which Coin Will Attract More Investors in the Long Term?
Due to the scarcity of coins, the price of CRV is expected to rise. It’s predicted that it will reach a peak of around $100 by 2030. It may not be a great investment initially, but it has good chances of growing over the long run.
The value of the Curve DAO token is derived from its various features and technical capabilities. It is also popular among crypto users and traders. Its features, such as its low trading fees and technical capacity, allow users to get a better deal on their exchanges.
The utility and overall functionality of the curve DAO Token are some of the factors that contribute to its value. In addition, other factors such as the number of users and the development of new features can also affect its market value.
On the other hand, CRO performed well during the final quarter of 2021. It launched various projects, such as Defi and NFTs, which furthered its utility and adoption. Despite the recent decline in the value of cryptocurrencies, it is still expected to grow. The various projects currently in the works will likely lead to more value creation.
There is little incentive for steak CRO to get discounted taker and maker fees. The reason is that the company’s value is linked to the success of its various products and services, such as those related to the crypto.com ecosystem.
The total value of the CRO token, which is currently at over US$2 billion, has increased significantly following the platform’s launch. It could be due to the launch of the CRO EVM fund, an incentive for developers to build projects on it. The token’s price has also risen significantly and is expected to continue.
With more exposure, CRO’s market capitalization is much higher than that of CRV. Hence, making it a better option for investors. However, note that cryptocurrencies are highly volatile, and predictions aren’t always accurate. So, when making an investment decision, DYOR to find which token best suits your needs.