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How many cronos tokens are there? CRO token circulation analysis

By Iliana Mavrou

Edited by Valerie Medleva

11:00, 20 November 2022

Cronos coin with US dollar background
CRO in the native coin of, one of the biggest crypto exchanges. – Source: DIAMOND VISUALS / Shutterstock is one of the biggest crypto exchanges out there, however, recent negative sentiment and the collapse of the FTX crypto exchange have sent its native token, cronos (CRO), into a downwards spiral, forcing it to lose over 90% of its value from $0.8992 in November 2021 to $0.0698 a year later.

CRO/USD live chart

What are the latest token analytics suggesting, and how many cronos tokens are there?

What is CRO?

CRO is the native cryptocurrency of the chain and the Cronos EVM Chain. It was formerly known as the Coin before being renamed to CRO. is a public, open-source and permissionless blockchain that aims to help drive the mass adoption of blockchain technology through decentralised finance (DeFi), payments and non-fungible tokens (NFTs). The platform has named itself as the “next generation public blockchain”. 

The platform was co-founded in 2016 by Kris Marszalek, Rafael Melo, Bobby Bao and Gary Or and is now operated as a desktop and mobile application.'s key features

The Cronos EVM Chain is the first ever Ethereum-compatible blockchain that was built on Cosmos SDK technology. It is an open source, permissionless Layer 1 chain that aims to scale the DeFi, GameFi and overall Web3 communities by letting builders instantly port apps and crypto assets from other chains while benefiting from low transaction fees, high throughput and fast finality.

The CRO token powers the ecosystem and is used for staking, which grants users a number of rewards and helps maintain the platform’s security and decentralisation. The cronos cryptocurrency is also used to settle transaction fees on the Chain.

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Latest CRO market news

2022 has not been the best year for CRO. The token has fallen by more than 87% from its all-time high of $0.8992 on 24 November 2021 to $0.1093 on 17 June 2022. The dip in the CRO price was heightened as announced on 1 May 2022 that it would be slashing staking rewards for all tiers of its VISA cards “to ensure long-term sustainability”, effective as of 1 June 2022.

CRO price chart

Between mid-July 2022 and end of September 2022, has received a number of licence updates worldwide, including Italy, Cyprus, South Korea, Australia, Canada, the UK and France. In addition, on 12 October 2022 the firm said that Paris was established as its European Regional Headquarters and invested €150m (around $155m, as of 18 November) in France to support market operations. 

Between 25 October 2022 and 28 October 2022, had signed three MOUs: one with the game software developing studio ACT Games; one with the city of Busan in South Korea to advance the blockchain industry; and one more with global content studio A Story to develop NFT collaborations. 

However, amid all the positive news, has also been caught in an array of negative news. An article published on 6 October 2022 by Ad Age tech claimed that the platform had cut off deals with a number of big sports organisations, including the Los Angeles’ Angels City Football Club, the 2022 FIFA World Cup in Qatar and the online sports tournament host Twitch Rivals. The article cited unanimous former and current employees. 

In addition, according to a series of Tweets by the article’s journalist Asa Hiken, between “June and August, 30-40% of Crypto[dot]com’s entire workforce left the company, per former and current employees. That’s 2,000+ departures — the vast majority of which were layoffs.”

The company did not address the reports.

Now, let’s take a closer look at how many cronos tokens there are now.  


67,572.55 Price
-0.190% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00


0.14 Price
-2.130% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.0012872


0.61 Price
+1.950% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168


179.94 Price
-1.860% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 2.2652

How many cronos tokens are there? 

So, let’s have a look at how many cronos tokens are available in circulation as of 18 November 2022.

According to data provided by CoinMarketCap, the maximum supply of the cronos tokens is 30.2 billion, meaning that once the total number of cronos tokens in circulation reaches that value, new tokens can no longer be mined. The current circulating supply of the CRO coin surpassed 25 billion. 

However, this was not always the case for the cryptocurrency. 

When the cryptocurrency was launched in 2018, its maximum supply was fixed at 100 billion coins. But, in order for the network to become fully decentralised at Mainnet Launch, decided to burn 70 billion CRO tokens in what it called “the largest token burn in history”. This was announced by the platform on 22 February 2021. 

The platform released a schedule which shows that an initial batch of 59.6 billion CRO tokens was burned on 22 February 2021. Meanwhile, 10.4 billion coins were locked in a smart contract and would be burned every month as they get unlocked. This was aiming to increase the cryptocurrency circulating supply from 24% at the time to over 80%. 

The remaining 5.9 billion CRO tokens were distributed in the following way:

  • 5 billion CRO were allocated to mainnet block rewards for Chain validators and delegators 

  • 0.9 billion CRO were allocated to the development of the Chain ecosystem

Of that 70 billion burned:

  • 20 billion tokens came from the platform’s capital reserve

  • 5.5 billion coins came from the platform’s community development 

  • 10.4 billion tokens came from secondary distribution and launch incentives 

  • 20 billion tokens came from ecosystem grants 

  • 20 billion tokens came from network long-term incentives

Who are the biggest CRO token holders?

Now that we have established how many cronos tokens are in circulation, let’s take a look at the biggest CRO token holders. 

Data provided by showed that, as of 18 November, there were 281,902 CRO holders in total. The 10 biggest CRO holders collectively owned 92.54% of the total token supply in circulation, meanwhile the top 100 owned 95.93%.

The website noted that the top account holding the most CRO tokens in total was a Null Address owning over 77 billion coins, amounting to 77.89% of the total circulating supply. was also among the top CRO holders in the world, owning around 7 billion tokens or approximately 6.9% of the total supply. 

Analyst thoughts

Anndy Lian, chief digital advisor at the Mongolian Productivity Organisation and author of ‘NFT: From Zero to Hero’ told that while burning 70% of the then maximum CRO token supply was a good decision, doing so in 2021 was a “downside”. 

“Personally, I would prefer them to burn and then buyback in stages of burning such a huge amount. The burn back then did make the market perceive that the remaining tokens have more value but that was short lived.”

Lian added that taking into consideration everything that has happened with the FTX crypto exchange in recent weeks, CRO holders are also getting anxious about the wellbeing of the platform, however, CEO Kris Marszalek’s live AMA session on YouTube on 14 November 2022 helped calm those worries down.

“ is still facing potential bank run in my humble opinion. This to me is one of the biggest risks that CRO has a direct impact on.”

The bottom line

While knowing key info about the cronos tokenomics and circulating supply is important for accessing the project’s health, it shouldn’t substitute your own research. You should always conduct your own due diligence before trading, looking at the latest news, technical and fundamental analysis, and a wide range of analysts’ opinions before making any trading decision. 

Keep in mind that past performance is no guarantee of future returns. And never trade or invest money that you cannot afford to lose.


How many cronos tokens are left?

The maximum and total supply of CRO tokens stands at a little over 30 billion coins. As of 18 November 2022, 25 billion tokens are in circulation meaning that there around 5 billion tokens left to come into circulation.

How many cronos tokens are lost?

In February 2021, announced that it will be burning 70% of its total token supply which was then capped at 100 billion coins.

How many cronos tokens are mined per day?

The number of cronos tokens coming into circulation per day may change depending on investor sentiment.

Who owns the most cronos tokens?

Data provided by showed that, as of 18 November 2022, that the top account holding the most CRO tokens in total was a Null Address owning over 77 billion coins, amounting to 77.89% of the total circulating supply. was also among the top CRO holders in the world owning around 7 billion tokens, or approximately 6.9% of the total supply.

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You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
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Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

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