cronodes finance crypto

CroNodes (CRN) Finance Crypto Pumps 700% in a week. Is This a Sleeping Giant?

Image source: © Bravissimos | Megapixl.com

Highlights:

  • CRN is CroNodes Finance crypto’ native token.
  • Users say CRN is a scam.
  • CRONASWAP, a decentralized exchange on Cronos chain, is where users can get CRN tokens.

CroNodes Finance (CRN) crypto is gaining popularity, it is up 524% in the past 7 days at the time of writing. CRN’s price is pumping, and some enthusiasts say it’s the beginning of something very big.

At the time of writing, CRN crypto was down 24% to US$ 0.057 per token and its one-day volume was $63,000 with a market cap of $1.96 Million.

At 10 AM EST, the global crypto market cap was up 242% percent to $1.76 Million, volume was up 57% percent to $59,000.

What is CroNodes (CRN) crypto?

The CroNodes native token CRN can be used to create a note. CroNodes is an investment vehicle.

CroNodes is a fork of DeFi, according to the whitepaper (DaaS). CroNodes marketed the Cronos chain heavily, including in Superbowl ads.

CroNodes’ website claims it combines returns from multiple chains and rewards yield holders.

Also Read: Why Waves (WAVES) crypto rallied around 100% in a month?

The protocol claims to be user-friendly, with no maintenance fees, subscriptions, or complex software.

CroNodes users join a community of node holders and pool resources to generate high yields, according to the protocol.

CRONASWAP, a decentralized exchange on Cronos chain, is where users can get CRN tokens.

Bottom line

CoinMarketCap doesn’t list the cryptocurrency’s circulating supply or market cap. CRN is 4,516th. The token may be real.

Disclaimer: This is not a financial advice. Do your own research before investing.

A user named ‘imstillmsk’ wrote on CMC a few days after the token was launch, that the token is done and will empty the liquidity protocol and pack up by next weekend. It seems the CRN team is having the last laugh.

Antoninologgia called CRN crypto a ponzi scheme. According to CoinGecko, CRN crypto dropped 53.8% in a month and 69.2% in 14 days. Things have changed now.

How do you think CRN will fair with the current pump?

Also Read: The Biggest Meme Coin Right Now in the Crypto Universe.


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