Crypto.com’s high fee approach and excessive advertising raises concerns. Their planned remint of burned tokens jeopardizes CRO holders. Users risk steep dilution and lower token value if proposal passes.
In my observation, the proposal to remint burned tokens constitutes a worrying shift in Crypto.com’s tokenomics approach. From personal research and tracking similar instances in the past, such moves tend to undermine investor confidence by increasing supply rather than maintaining scarcity, which can negatively impact token value. Adjustments to token metrics often lead to market volatility. It is important for investors to monitor these changes closely as they may lead to dilution and unexpected risks. Caution is advised until the long-term effects on the market become clear.