Since nothing is set in stone in the cryptocurrency industry, it is normal to see the rise and fall of some tokens. The idea is always that innovation remains constant and that there are more and more options for users. In this case we will talk about Crypto.com Coin and how it has joined the TOP 10 of cryptocurrencies.
The rise of Crypto.com Coin
Crypto.com was founded in 2016 with the aim of accelerating the transition from the traditional world to one with massive use of cryptocurrencies.
Among its key products we can mention the Crypto.com Wallet & Card application, a place to buy, sell and pay with crypto. Likewise, the MCO Visa card stands out, a metallic card with no annual fees.
Additionally, we have the Crypto.com chain, which according to their reports allows users to pay and receive payments in crypto, anywhere and for free. It is also worth mentioning that this company is based in Hong Kong with a team size of more than 120 people.
According to CoinMarketCap, Crypto.com Coin has a return on investment of 581.21%, if it had been bought at the time of launch, which makes it enter once and for all in the TOP 10 of the best cryptocurrencies right now.
Meanwhile, its market capitalization is about $ 2,420,850,107 and it has been on the rise for a few months.
Analyzing how it got to the TOP 10
If we look at its graph of all time, we will see that this cryptocurrency has been growing gradually both in price and in market capitalization.
As additional data on this cryptocurrency we can mention some provided by the IntoTheBlock Token Summary. For starters, 100% of Crypto.com Coin holders are making money at their current price.
Similarly, 71% of these holders have had the tokens for more than a year, while 12% for less than a month. With this it can be intuited that the cryptocurrency has gained popularity and that those who for years have acquired it have not lost their faith in it.
Finally, an interesting fact is that despite the fact that the company started in Hong Kong, demographic data indicates that about 57% of operations with Crypto.com Coin are made in Western hours and not Asia.
So, these are just some of the facts that you should take into account from now on if you are looking for new options for your investment portfolio. Crypto.com Coin could gradually follow its rise rate, and perhaps in the future it could overcome other cryptocurrencies that we know.