CROUSDT
Crypto.com Coin / Tether USD
crypto Composite

It’s just a misleading comment.
$CRO is currently inflationary because roughly 1B $CRO is being released each month, which creates significant sell-side pressure. The fees generated by the app aren’t going to come close to offsetting that at the current level of adoption. There were literally only 16 new wallets transacting through the app today, and I track this activity closely. Think about that… 16 new users on launch day. IMO a big fail, but if you ask them ‘it doesn’t matter yet’.
For this to really work, they need to address the 70B CRO overhang, aggressively market the app, and push meme coins and other high-volume assets through it. That’s what could attract meaningful attention and potentially drive billions of dollars in volume to create the flywheel.
If the app doesn’t work, they will distance from $CRO and likely kill it.

So it’s done the same as virtually every other crypto, BTC hitting $126K almost a year ago is way down now! You obviously need something to cope with, why don’t you go for another years reminder?? CRO still here, tokenomics changing, new App about to hit, that’s obviously what scammers and frauds do, they keep building, don’t they?? Which, is what the original post was about, they should have rugged by now surely! 🤷‍♀️

They should link the burn program to the exchange not this nonsense app that has no use case at all. The exchange is the only thing that made users invest in their CRO cards. This ULT app is a nothing burger in my opinion

It’s just a misleading comment.
$CRO is currently inflationary because roughly 1B $CRO is being released each month, which creates significant sell-side pressure. The fees generated by the app aren’t going to come close to offsetting that at the current level of adoption. There were literally only 16 new wallets transacting through the app today, and I track this activity closely. Think about that… 16 new users on launch day. IMO a big fail, but if you ask them ‘it doesn’t matter yet’.
For this to really work, they need to address the 70B CRO overhang, aggressively market the app, and push meme coins and other high-volume assets through it. That’s what could attract meaningful attention and potentially drive billions of dollars in volume to create the flywheel.
If the app doesn’t work, they will distance from $CRO and likely kill it.

So it’s done the same as virtually every other crypto, BTC hitting $126K almost a year ago is way down now! You obviously need something to cope with, why don’t you go for another years reminder?? CRO still here, tokenomics changing, new App about to hit, that’s obviously what scammers and frauds do, they keep building, don’t they?? Which, is what the original post was about, they should have rugged by now surely! 🤷‍♀️

They should link the burn program to the exchange not this nonsense app that has no use case at all. The exchange is the only thing that made users invest in their CRO cards. This ULT app is a nothing burger in my opinion

Is there a non-zero chance that the new app and OG will eventually become interconnected and create real utility for CRO? Yep, I’m desperately searching for future relevance for CRO…