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Since Crypto.com announced it had secured the naming rights to the Los Angeles Lakers’ stadium, the coin (CRO) price has skyrocketed.
The cryptocurrency.com coin surged to $0.7536 on Monday, representing a 91% increase from $0.3931 on November 17.
As of Sunday, the coin had reached an all-time high of $0.7984, which is a 103% jump from when the exchange announced the news.
With a current price of $0.86, CRO is the thirteenth biggest cryptocurrency by market cap, just behind Dogecoin (DOGE) and Shiba Inu (SHIB).
