Disclaimer: Nothing in this report constitutes investment advice—I am just reporting on my accounts and its progress on each platform. You should not use this report to make financial decisions. I recommend you seek professional advice from someone who is authorized to provide investment advice.
Hey everyone and welcome to the HODLer’s Den!
Here you will find information on my crypto investment portfolio straight from a HODLer’s perspective. This section will focus on HODLing cryptos and interest-earning platforms.
Cronos Mainnet Release
After a slight delay, Cronos Mainnet launched on November 8th, 2021 and it recently reached 1 million transactions.
Cronos is the EVM chain running in parallel to the Crypto.org Chain. It aims to massively scale the DeFi ecosystem, by providing developers with the ability to rapidly port apps from Ethereum and EVM-compatible chains.
Both the Crypto.com App and Exchange Support Transfers Via Cronos
Crypto.com App Users can now enjoy faster, cheaper, and safer transfers for CRO, ETH, WBTC, USDC, USDT, and DAI via Cronos.
Crypto.com Exchange now supports deposits and withdrawals on Cronos. Support for Cronos starts with the following tokens: CRO, ETH, WBTC, USDC, USDT, and DAI.
Campaigns & Advertisements
Crypto.com (CDC) has been on fire with advertisements and campaigns.
They have always been promoting themselves via billboards and internet ads but recently they are advancing into bigger territories.
Fortune Favors the Brave Campaign
CDC’s partnership with Matt Damon extends beyond the campaign, with a 1 million USD donation to the global non-profit he co-founded.
The funds will be used to provide clean water to millions in need.
Together, Crypto.com and Water.org believe that all people should have equal access to the platforms and life changing resources that support self-determination.
On November 17, 2021, Crypto.com and AEG, the world’s leading sports and live entertainment company, launched a historic, 20-year naming rights agreement that will rename the AEG-owned and operated STAPLES Center, one of the most iconic and globally recognized sports and entertainment arenas in the world.
Effective December 25, the multi-purpose arena, which hosts hundreds of annual marquee events and serves as the official home of the NBA’s Los Angeles Lakers and LA Clippers, the NHL’s LA Kings and the WNBA’s Los Angeles Sparks, will be known as Crypto.com Arena.
Crypto Earn Now Supports ONE, FLOW, AVAX, SOL, and LUNA
Users can now enjoy up to 6% APR interest on ONE, FLOW, and AVAX, 4.5% APR on SOL, and 3% APR on LUNA deposits. Crypto.com Private users are entitled to another 2% APR Interest.
After shooting up in price, BTC is now back to the 60k USD mark. The market was doing well but after BTC dropped the market pulled back slightly. In the last 4 weeks, my portfolio gained about 55k USD in value.
My Crypto Earn portfolio is up 42% in the last 4 weeks. You can track my earnings progress on the four major interest-earning platforms that I use by checking out this Google Spreadsheet. If you look back, my portfolio is currently at its all time high, even surpassing the value back in May 2021.
A large chunk of my Crypto Earn portfolio is in BTC (Bitcoin) and ETH (Ethereum) so it makes sense. BTC is currently sitting at 59.3k USD while ETH is at 4359 USD.
CRO is doing phenomenal; moving from 0.19 USD 4 weeks ago up to the current price of 0.75 USD as of writing this article. I was collecting 18% APR on CRO during the bear market and now with its price surging, so is my Crypto Earn portfolio.
If you have been following my Crypto.com reports, you know that I have been moving my CRO onto Osmosis to earn a yield. I used to have my CRO staked on the DeFi Wallet app to earn about 13% APR—which is not bad.
But on Osmosis, I am earning over 90% APR which is almost 10 times more than what I can earn from staking on DeFi Wallet. However, I have to pool CRO with ATOM or OSMO and there is a 14-day unbonding period to unlock the higher APR on Osmosis.
Conclusion & Prospect
Crypto.com is doing absolutely phenomenal in terms of marketing, and timing the release of Cronos. They have and been advertising constantly ever since their debut. With an awesome name like Crypto.com, which is easily recognizable, I believe it will easily attract new investors.
Now that they are expanding their marketing to bigger markets and bigger names, it will only be a matter of time before the platform takes off to new heights. This is already evident because the price of CRO has skyrocketed from 0.19 USD to 0.75 USD in the last 4 weeks. I believe it still has plenty of room for growth as Crypto.com continues with their roadmap.
I have had my doubts with Crypto.com in the past but I did mention in those reports that they made tough decisions to ensure the future of Crypto.com. Crypto is still the “wild west” and many companies are still figuring out the best route to success. However, I think all the platforms that survived the bear market will do exceptionally well, just like Crypto.com.
What I Am Doing
This section is dedicated to paid subscribers as I will go into details of what moves I am making with my interest-earning portfolios.
You are currently reading the Free Version. If you would like more information, please consider switching to a paid subscription.
If you are new to crypto or have considered joining new platforms, check out the Starter Pack created by CryptoOneStop by clicking here or if you want to earn over 250 USD in referral bonuses then click here.
Thank you for reading. CryptoOneStop’s Newsletter grows through word of mouth. Please consider sharing this post with someone who might appreciate it.