Latest news: The concept of strategic reserves is heating up, $CRO once soared by nearly 40%

On March 3, the price of $CRO surged by nearly 40% and is currently stable at $0.10, with a market value of $2.6 billion. The market generally believes that this rise is related to the latest token issuance proposal.

http://Crypto.com 's Cronos plans to reissue 7 billion $CRO tokens, which were previously destroyed in February 2021. This additional issuance will return the total supply to 100 billion, which will be locked as a strategic reserve for 10 years and unlocked monthly in a linear mode.

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