Why Crypto.com Coin Is Getting Pummeled Today

Today, popular cryptocurrency Crypto.com Coin (CRYPTO: CRO) is getting hammered by the market. As of 3:45 p.m. ET, Crypto.com Coin has dropped 8.5% in the last 24 hours, sinking to around $0.50 per token.

At its peak just over a month ago, Crypto.com Coin had shot to nearly $1 per token.

That said, Crypto.com Coin is still up more than 550% this past year, as a result of impressive growth for the crypto trading platform and some impressive marketing. 

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Source Fool.com