Possibly influenced by the "favorable news" of token issuance, CRO has risen 13%
BlockBeats reports that on March 3, according to market data, possibly affected by the positive news of a new token issuance proposal, CRO rose by 13%, with a current price of $0.093.
In previous reports, the public chain project Cronos proposed to reissue 70 billion tokens that were destroyed in February 2021, restoring the total amount to 100 billion as part of Cronos' own strategic reserve. Officials stated that the proposed additional issue of 70 billion tokens will be locked for up to ten years and unlocked linearly each month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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