Crypto.com coin (CRO) token went on a price surge of over 200% in the past 30 days. Together, the world of crypto has been going crazy in the past few months. Besides, most tokens hitting new all-time highs, cryptos are being accepted by more businesses. All this shows that 2021 was truly the year of cryptocurrencies.
To top all of this, Singapore-based crypto exchange platform Crypto.com signed a massive $700 million deal to acquire the naming rights of the iconic Staples Center in Los Angeles.
Moreover, the Staples Center is formally going to be renamed to Crypto.com Arena on Christmas day. In addition, Staples Center will soon be Crypto.com Arena, the home of famous franchises such as basketball teams Lakers, Clippers, Sparks.
Another reason why CRO marked a price-up momentum was due to the Oscar-winning actor Matt Damon. In fact, the actor is the newest face of the brand and he endorsed the company in a new commercial advertisement.
The advertisement, entitled ‘Fortune Favors the Brave’, is themed about what human beings have achieved throughout history by daring to pursue their dreams.
On the other hand, other coins like Shiba Inu, Dogecoin, and Bitcoin have also been in the spotlight of the crypto world lately.
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Source: Cryptocurrency - investing.com
