### CRO, the token of Crypto . Com is crashing. It’s not clear why. Twitter is filling up with a lot of concerns but also potentially unsbustatiated FUD.

The daily chart below shows CRO making a strong move down. 

![chart](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/1ef90106-6600-443a-e3ed-a102f1d24400/public)


![CRO](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/a0bbdef8-f033-49d9-d09f-00361f657300/public)

CRO has a marketcap of 1.51B, is number 30 in terms of marketcap. Daily trading value is at USD177M 


The twitterverse was quick to advance theories that CRO is in trouble. Crypto Rover speculates that CRO is the next FTT. 

[![next ftt?](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/50557bdd-a5b0-4966-1abb-ed39c5af8f00/public)](https://twitter.com/rovercrc/status/1591711381312651265?s=46&t=Rx0PanjRZ8L4tyiNwrPBPw) 


Satoshi Stacker posed the message to the community, and overwhemingly more think that CRO is in trouble.

[![stacker](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/87c7375c-0e56-4f5a-4528-19cb3ed3fe00/public)](https://twitter.com/stackersatoshi/status/1591750113197801473?s=46&t=Rx0PanjRZ8L4tyiNwrPBPw)

Oscar Ramos declared that “someone has to stand up for #CryptoCom”.  He explained that there’s nothing yet so far to make him believe the CRO is insolvent, bankrupt or dead. 

[![ramos](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/2512280b-933b-4441-69db-02835c93e000/public)](https://twitter.com/realoscarramos1/status/1591680859064893440?s=46&t=Rx0PanjRZ8L4tyiNwrPBPw) 

Carl The Moon claimed that the drop in price is because CRO “accidentally” sent 320k #ETH to another exchange. 

[![accidental drop](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/370a813e-36e7-4348-d41b-88afae280f00/public)](https://twitter.com/themooncarl/status/1591834871080460288?s=46&t=Rx0PanjRZ8L4tyiNwrPBPw)

 A similar incident occured in December 2021, and some users are getting confused. The more recent ‘accidental’ transfer happened not too recently, on October 21st. 

Kris from Crypto.com explained: 


[![kris](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/2eca52c1-106c-4959-7817-fe36ca003a00/public)](https://twitter.com/kris/status/1591741801245052928?s=61&t=IKx5a3HcG6qrXob1IIhu9A)

[![cro](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/1a81f77f-7b9c-4aab-2208-3030ad00aa00/public)](https://twitter.com/kris/status/1591741801245052928?s=61&t=IKx5a3HcG6qrXob1IIhu9A)

[![odd](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/608d7edd-eb24-4d28-ba41-509b2ea22800/public)](https://twitter.com/kris/status/1591741801245052928?s=61&t=IKx5a3HcG6qrXob1IIhu9A)

We are concerned about the price drop and are monitoring the developments around $CRO. Pennito pointed out that whether the FUD is real or not, the bankrun is starting. 

[![run on cro](https://imagedelivery.net/HML6qmlXDXx6EPV6zNm9VA/8eca40d7-2857-4c5d-084a-c31d3b633600/public)](https://twitter.com/crypto_penn/status/1591735315353731072?s=46&t=Mc8-pv2iXm0ct7ySauZzmA)

In the present environment, we urge everyone to be cautious. There’s no reason to keep crypto on exchanges. If you haven’t already, it’s time to take self-custody of your crypto. 

For new crypto users who do not yet know how to take self custody of your crypto, we have a basic guide [here](https://www.cryptoflash.report/articles/how-to-take-self-custody-of-your-crypto).

CRO, the token of Crypto . Com is crashing. It’s not clear why. Twitter is filling up with a lot of concerns but also potentially unsbustatiated FUD.

Sun Nov 13 2022

CRO (Token of crypto.com) is CRASHING

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Sun Nov 13 2022 CRO (Token of crypto.com) is CRASHING

FTX Creditors File Class Action Against Bankruptcy Law Firm

Revolut to Distribute $1.2 Million in BONK

Starknet Foundation’s Plan to Distribute STRK Token

The Korea Times: South Korea to Remove ‘Unfit’ Crypto Exchanges

DecenTrader Founder Notes Bearish Signal

Revolut to Distribute $1.2 Million in BONK

Sun Nov 13 2022

CRO (Token of crypto.com) is CRASHING