Crypto.com’s bid to replace Staples as the iconic South Park title sponsor, Los Angeles sports center appears to have already paid for itself. The CRO token surged more than 55% since the announcement and reached a record high last week, according to CoinGecko. Now it’s the 13th-biggest by market capitalization at about $18 billion. Its gains come as many other top cryptocurrencies, including Bitcoin, Ether, and Binance Coin, fall back.
The downtown Los Angeles arena will officially become Crypto.com Arena starting Christmas Day as part of a $700 million naming rights deal. South Park is the neighborhood where the Arena is located and is also a popular place to find an apartment or loft.
#Entarispowerful #southparkla
It seems the only thing a cryptocurrency company has to do is advertise to make a significant gain. It reminds us of the .com boom. When anything ending in .com was hot. What do you think? Leave a comment here?
Crypto.com wants to bring clarity of thought to its market. “We think about the message we want to deliver before we speak and know what is important and what is not. So we are concise and articulate, putting effort into making things simple and easy to understand”.
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