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Cronos (CRO) surged by 116%, outperforming Dogecoin (DOGE) and Neiro (NEIRO), which saw gains of 97.8% and 84.7%, respectively.
According to CoinGecko, CRO ranked first in weekly growth among the top 100 cryptocurrencies by market cap, and DOGE takes second place. Earlier, we wrote that Dogecoin grew by more than 20% in one day.
Neiro, another dog-inspired meme coin, took third place for weekly performance.
Also interesting to note that Cardano (ADA) placed fourth with an 84.5% increase, partly driven by recent news of founder Charles Hoskinson’s involvement in U.S. crypto policy development.
Why Did CRO’s Price Surge Over 100% in a Week?
On November 7, Cronos made a major announcement, unveiling a new roadmap with an ambitious goal: “Cronos will become the primary chain for all AI agents to pay, receive, or move value over the internet.”
In practical terms, users and developers can leverage Cronos to launch AI agents for various purposes, such as creating strategies to launch new meme coins or using live data to improve decentralized sports wagering, as detailed on the project’s 2025 roadmap.
Another significant milestone for Cronos this year was the launch of its zkEVM. It aims to reduce transaction costs and processing speeds. The zkEVM main net went live on August 15, 2024.
Capybara Nation and Google Cloud Partnerships
Following the roadmap announcement, the CRO price continued its rally. CoinGecko reported a 30% price increase in the last 24 hours, reaching $0.15.
Over the last week, CRO rose from $0.07 to $0.13.
On November 11, Capybara Nation, a Telegram-based game, announced its launch on Cronos EVM, accompanied by an upcoming airdrop this quarter.
Capybara Nation has made #Cronos their new habitat!
With more than 4M players, @capy_nation brings a tap-to-earn, city-building adventure to #CROFam, powered by $BARA. Get ready for AI-driven upgrades and web3 quests, all on Cronos EVM — things are about to get capy-tivating! https://t.co/kMzXhRrx6O
— Cronos (@cronos_chain) November 11, 2024
Additionally, on November 7, Cronos announced a partnership with Google Cloud, which will join as a validator on the network.
🤝 Today, Cronos Labs announces an expansion of its strategic partnership with Google Cloud @googlecloud.
☁️ With this collaboration, Google Cloud has joined the Cronos ecosystem as a validator and will support independent developers in a wide range of ways.
👉 Learn more:… pic.twitter.com/tECUh0bHCJ
— Cronos (@cronos_chain) November 7, 2024
DeFi Coins Are on the Rise
Another project might catch your eye if you’re interested in decentralized finance (DeFi).
Flockerz stands out as a true decentralized crypto token. It allows holders to influence key project decisions and earn $FLOCK for every vote cast. By staking $FLOCK, you unlock rewards through its unique token breeding mechanism.
