Imagine a special type of money called CRO, used on a system called Cronos. In 2021, they got rid of 70 billion CRO coins to make the rest more valuable. Now, they want to bring those 70 billion back!
This is a big surprise to many people who liked the original plan. They are worried it will make each CRO coin worth less.
The plan is to use the extra CRO to grow Cronos and make it popular in America. They hope to add many new users.
- Cronos wants to bring back 70 billion CRO tokens.
- This is causing worry amongst some users who feel that the value of their existing tokens will decrease.
- The goal is to grow Cronos in the U.S. and make it more popular.
| Fact | Number |
|---|---|
| Original CRO supply | 100 billion |
| CRO burned in 2021 | 70 billion |
| Current CRO supply | 30 billion |
| CRO to be re-issued | 70 billion |
| Current CRO price | About 8 cents |
| Goal for investment | $5 Billion |
