Cronos Trying to find its bottom

The CRO boys couldn't find a sporting event they didn't want to sponsor during 2021, but the main news that moved the needle was the Stables Center name change that saw CRO get the green light for launch from the moonboys. Since then all markets have really struggled during early 2022 and CRO has slowly come back down to earth. The gentle landing indicates to me that CRO has enough dip buyers who believe in the Cronos long term, buying up some disgarded CRO left behind from the leveraged button clickers, which may suggest that CRO is currently a buy at these prices. However with BTC not doing so well maybe it would be best to leave any dry powder on the side until BTC recovers. As always, this is not financial advice, so its not.

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Well throw that anaylsis out the window. After card rates change coming June 1st a new bottom will now have to be found. This could get ugly for CRO. Card rates for cashback are almost nothing plus the stake has be scrapped. Not sure how CRO plan to move forward from this.

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CRO in for a big test with the fall of FTX. Now the retail community is looking at all CEX outfits to see which ones have been rolling snake eyes in the alley. CRO team say everything is great but we have heard that before *cough cough celsius