Surging by over 72% in the last 7 days, the native token of the decentralized protocol Crypto.com Chain, CRO reached a new all-time high of $0.59.
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The company standing behind the development of the chain is the financial services company Crypto.com. CRO managed to set a new record while prices of most cryptocurrencies have dropped. Currently, it is the 15th largest cryptocurrency with a market cap of over $14.7 billion.
On November 17, the Crypto.com team announced that Staples Center located in Los Angeles will be renamed Crypto.com Arena on Christmas Day. For this purpose, the company signed a $700M agreement with the sports and live entertainment company AEG.
This month, Crypto.com has already presented a number of new possibilities. On November 8, the exchange announced supporting deposits and withdrawals on Cronos. Next, the platform informed about adding more margin trading pairs.
Another big news is the launch of the In-App browser, which allows connecting with dapps using one DeFi wallet. Lately, Crypto.com listed the first automated market maker (AMM) built upon Cronos, VVS Finance.