Analytics Firm Santiment Issues Warning to CRO Traders, Says Explosive Altcoin Flashing On-Chain Weakness

Analytics Firm Santiment Issues Warning to CRO Traders, Says Explosive Altcoin Flashing On-Chain Weakness


The Crypto.com Coin (CRO) has surged in price this week, but the analytics firm Santiment is warning that certain metrics indicate the red-hot crypto asset could be primed to cool off.

The crypto asset’s momentum developed after news broke that the iconic Staples Center in Los Angeles will be rebranded to Crypto.com Arena. Now, CRO, the cryptocurrency that powers the Crypto.com payment, trading and financial services platform is trading at $0.76, up more than 60% from where it was a week ago.

In a new analysis, Santiment notes that CRO has seen a spike in FOMO (fear of missing out) on social media – a potentially bearish indicator.

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“The FOMO is real as seen from the massive spikes in social volume over this month as

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