Crypto.com is at the center of controversy this week as it proposes to “unburn” 70 billion CRO tokens that were previously destroyed in 2021. This proposal is facing significant opposition, leading to concerns about potential price declines.

During the token’s peak market period, “Golden Age,” CRO prices surged over 500% to nearly $1, but have since declined as competition heats up.

Plan to Reissue CRO

In February 2021, Crypto.com executed a burn of 70 billion CRO tokens, reducing the total supply from 100 billion to 30 billion. This move aimed to create scarcity similar to Bitcoin, resulting in prices spiking from around $0.06 to over $0.95. However, as the crypto market began to decline, so did the value of CRO,

To address this issue, Crypto.com introduced a plan on March 3, 2025, proposing to reinstate the 70 billion CRO over the coming decade. The plan includes the establishment of a “Cronos Strategic Reserve” and rewarding validators of the network.

Amidst this proposal, community feedback seems divided, with a significant portion favoring the new plan, despite concerns of token dilution and market instability.

CRO Token Proposal
This proposal emphasizes strategic reallocation rather than fresh token issuance, yet the community remains apprehensive about its implications for market dynamics.