Cronos Rallies as Coin Sees Rise in Weekly Social Activity
The price of CRO soared by 13% in the past week, coinciding with a surge in Cronos coin's social mentions, which went up by 40%.
Cronos Socials Going Crazy
CRO, the native coin of Cronos Chain, demonstrated a tremendous rally in its social activity in the last week, according to data from cryptocurrency social analytics platform LunarCrush.
For the week ending Sept. 23, social mentions of Cronos coin increased by 40% and stood at 37,000 Also, its social engagements rose by 14% within the same period to a total of 61.6 million.
LunarCrush noted that the growth in CRO’s social activity coincided with a price increase of 13% during the week.
$CRO in the Last Week
According to data from CoinMarketCap, Cronos traded at $0.1158 at press time. With a continued rally in the coin’s social activity, its price had increased by 8% in the last seven days.
On the daily chart, CRO was down 4%, and trading volume had declined by 63% within the same period. A look at movement on the price chart revealed a rally in selling pressure for CRO.
At press time, its Relative Strength Index and Money Flow Index were positioned in downtrends at 50.27. Both indicators poised to breach their respective central lines indicated a spike in sell order volume for Cronos.
On-Chain Assessment
As CRO registered growth in social activity, which culminated in a rally in its price, active addresses that traded CRO also went up in the past week, data from Santiment showed. Daily active addresses on the Cronos network had gone up by 34% in the past seven days.
Also, new addresses created on the CRO network daily within the period under review increased by 14%.
Cronos whales also took advantage of the rally in the last week ,as data from Santiment showed an increase in the daily count of CRO whale transactions. In the past week, the daily count for whale transactions that exceeded $100,000 grew by 300%. Within the same period, the daily count for CRO whale transactions that exceeded $1 million went up by 50%.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Author
Related News
Why Is The E-Commerce Pushd (PUSHD) Such a Big Platform For Ripple (XRP) & TRON (TRX) Holders As Global Investments Continue In Presale
Pushd is an online marketplace that allows users to buy products using cryptocurrency, with its own native currency to facilitate transactions.
The online trading industry is set to surpass 6 trillion USD in market value by 2024. This valuation will make the industry one of the most lucrative business sectors in the world. This is why the crypto space is finding a way to integrate online trading with the crypto community.
The Pushd (PUSHD) protocol is an online marketplace that infuses daily trading with cryptocurrency. Pushd (PUSHD) allows people to buy regular products and pay with cryptocurrency. The platform will have its own native currency, making trade more straightforward and faster. This is why Ripple (XRP) and Tron (TRX) holders are buying into the protocol.
Ripple (XRP) to hit a market rally in coming days
The Ripple (XRP) is the native token of the Ripple (XRP) network. The Ripple (XRP) network is a centralized finance solution to upscale the crypto space. However, the Ripple (XRP) token is decentralized and runs on the Ripple (XRP) Ledger. As of writing, the Ripple (XRP) token is now selling for $0.62. With a total market cap of $34B, holders wonder when Ripple (XRP) will see another market rally. With this in mind, Ripple (XRP) holders may buy into the protocol to boost their earnings this year.
Tron (TRX) ranks #15 in the crypto market
The Tron (TRX) protocol was launched by the Tron Foundation in 2017. Designed for content creators, the Tron (TRX) network eliminated third-party influence between content creators and their audiences. As of writing, Tron (TRX) now has a total market cap of $10B. Ranked #15 in the crypto market, Tron (TRX) sells at $0.12 per token. This price comes after Tron (TRX) dropped about 5.98% of its market value in the crypto market.
Pushd (PUSHD) to link daily trading with crypto trading
Pushd (PUSHD) is designed using blockchain technology. This makes Pushd (PUSHD) a secure platform that processes transactions quickly. Created to upscale the global e-commerce sector, Pushd (PUSHD) will be the first decentralized marketplace on the Web 3. This makes Pushd (PUSHD) one of the best investments in the market right now.
One key thing about online retail is that it is growing. With more people getting comfortable buying something online, Pushd (PUSHD) has gained about 3,000 user sign-ups on the platform. Traders are flocking into the pre-market activity of Pushd (PUSHD) for the potential benefit of the token.
The Pushd (PUSHD) token is the native token of the Web 3 marketplace. With a few weeks of presale activity, Pushd (PUSHD) is now in its sixth presale stage. A token of Pushd (PUSHD) is now selling for just $0.125. With a rumored number of 1,200 investors, Pushd (PUSHD) might sell off its 250 million tokens before its market entry. We encourage you to check out the platform before investing, as it will be too late.
Find out more about the Pushd (PUSHD) presale by visiting the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Try Now!
Sign up Now
Coming Soon
WIN BIG
Coming Soon
Start Earning Today!
Earn Now
Coming Soon
Sign Up Now
Play & Mine!
Coming Soon
Editors Choice
Other Currencies
- nameLTBuyLitecoin
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyEOS
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyMonero
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyBitcoin Cash
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0%