Cronos (CRO)

Wow, we have not seen volumes like this on @cronos_chain in a while. Almost $13 million DEX volume as the market nukes (and CRO nukes with it) on Saturday. As I said before, both greed and fear can make users transact on the chain.

And while we are seeing a steady stream of folks swapping into stables, others being liquidated, or supplying collateral on margin calls, there is also a minority buying into community project tokens, which is a good sign. There is still an appetite for what Cronos builders have to offer.

This might come as a surprise to you, but relative to ETH recently, CRO has been hella strong.

Bouncing from a deep correction since the Aug-Sep rally, CRO is now back in the multi-year channel. For continued strong performance, however, we need the wider market to turn green again, because it is difficult to swim against the tide.