CRON jumps +10% today on record 2020 daily volumes as news on the Anti-Coronavirus Foundation initiative that may bring further utility in the coin spread further in the media. This move is happening as the market stays in mild red with Bitcoin sliding by -1.5% as well as Ethereum and XRP.
Crypto exchanges look reasonably quiet recently since no major news on digital money adoption emerges. Negative buzz over Libra and TON/SEC dispute don’t add any positive to the sentiment. In this environment, Cronium is in a very short list of name with some real use cases developed.
In absence of triggers for the liquid names, investors seek exposure elsewhere digging for 2nd and 3rd tier tokens with big development potential. And CRON definitely represents a good option for them