Crypto.com Slashes Card Rewards, CRO Tokens Drop 11% as Commu | BSC Gems 100x💎
Crypto.comSlashes Card Rewards, CRO Tokens Drop 11% as Community Reacts Revisions to Crypto.com's card and staking rewards sent token prices tumbling as much as 11% as the community expressed dismay over the changes that go into effect after June 1.
Some analysts explained the lack of adequate rewards contributed to a lower fundamental value for CRO tokens, which explained the price drop.
"Staking CRO tokens enabled rewards for users and incentivized the use of their debit card," shared Edson Ayllon, Product Manager at dHEDGE, in a Telegram message.
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