Tag: CRO Coin

Since its founding in 2016, the Crypto.com ecosystem has evolved significantly. Resultantly, the platform’s MCO token and CRO token have also changed over the years. Originally an ERC-20 token, Crypto.com’s native cryptocurrency is now referred to as “CRO coin”. This is since the launch of the Crypto.com Chain mainnet alongside the dissolution of the MCO token. The sudden change in token dynamics on Crypto.com was a controversial topic at the time. Following this, however, the CRO token has surged to new all-time highs as the Crypto.com app continues to gain adoption. This could also be due to recent token burnings and staking incentives. The popular Crypto.com card tiers differ with the amount of CRO value staked with the platform. Moreover, the most recent additional utility to the CRO coin is as the unit of account with the Crypto.com NFT marketplace.