- Crypto.com acquired the Singapore Data Protection Trust Mark (DPTM) certificate.
- This makes the exchange the first FinTech company to be DPTM certified.
- This has the potential to increase the value of the CRO token as more users enter the exchange.
Crypto.com CRO / USD is one of the largest cryptocurrency exchanges that has made many moves towards mass adoption and security.
Crypto.com currency (CRO) is its native cryptocurrency token, which provides users with many benefits.
Singapore Data Protection Trust Mark (DPTM) certification as a growth catalyst
On December 5, we made predictions on the price of the CRO token , estimating that liquidations are likely to occur.
On December 6, Crypto.com made an official announcement that it is the first FinTech company to achieve the data protection trustmark.
This was granted by the Singapore Infocomm Media Development Authority (IMDA).
This means that its customers now have the assurance that Crypto.com has implemented responsible data protection practices for their personal data.
This has the potential to increase the value of the CRO token.
Should I Invest in Crypto.com Coin (CRO)?
On December 7, Crypto.com Coin (CRO) was worth $ 0.649 cents.
To get a better perspective on what kind of point of value this is for the token, we will review its highest all-time value, as well as its performance last month.
When we look at last month’s value points, CRO had its lowest value point on November 1, when it fell to $ 0.197 cents in value.
The historical highest value of the CRO token was on November 24, when the token reached a value of $ 0.965 cents.
Here, we can see that the token grew in value by $ 0.768 cents or 389% during November.
However, from its ATH value point to its value on December 7, the token fell in value by $ 0.316 cents or 32%.
This makes it a great time to invest in the CRO token while its value is still low.
According to data from IntoTheBlock , CRO saw $ 2.53 billion in transactions over $ 100,000 in the last seven days.
Additionally, CRO posted $ 254.65 million in total foreign exchange inflows, as well as $ 219.52 million in total foreign exchange outflows in the last seven days.
Along with all this, CRO’s trading volume increased by 75% in the last 24 hours and its market capitalization increased by 26%.
With all of this in mind, we can expect the CRO to hit $ 0.90 cents by the end of December, making it a solid investment.