CRATOS Surges 100% in the Last Week on Launch of the Global App

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Updated: Dec 27, 2021, 09:52 UTC

ERC-20 based token CRTS skyrocketed last week. CRTS could be one to watch following the launch of its Global app.

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What is CRATOS?

CRATOS (CRTS), built on Ethereum, is a V2E (Vote to Earn) cryptocurrency. CRTS is designed to facilitate citizen participation in the CRATOS mobile app, a real-time live vote platform. The CRATOS token is an ERC-20 based token on the CRATOS app.

According to the CRATOS website, CRTS is currently available to buy on Bittrex Global, MEXC, PROBIT GLOBAL, Hoo, BitGlobal, Pancake Swap, and Uniswap.

36% of the tokens are allocated for rewards and 20% for the ecosystem. The remaining tokens are allocated for the foundation (16%), development (15%), and marketing (13%).

Users who download the CRATOS mobile app can start earning CRTS tokens.

CRATOS offers CRTS tokens to users as follows:

Registration: 2,000 CRTS (One-time only).
Vote Generation: 100 CRTS (Daily limit of 100 CRTS).
Commentation on Vote: 20 CRTS (Daily limit of 100 CRTS).
Vote Participation: 10 CRTS (Daily limit of 500 CRTS).

CRTS Price Action

In the week ending 26^th December, CRTS surged by 101% to 0.00712USDT, ending the week just shy of a 24^th December ATH 0.00762USDT.

Supporting the upside in the week was launch of the CRATOS global app. Previously, the app had only been available in Korea. On 25^th December, MEXC included CRTS, delivering further support.

At the time of writing, CRTS was down by 0.84% to 0.00706USDT. A bearish start to the week saw CRATOS fall back to sub-0.0070USDT levels before finding support.

Looking at the EMAs, the 50 has pulled further away from the 100 suggesting further upside ahead. Following last week’s breakout, however, avoiding a pullback to sub-0.0060USDT levels will likely be key.

A break through last week’s ATH 0.00762USDT would support a continued run at 0.0010USDT.

Having only just launched the CRATOS global app, exchange action would also be key to support a sustained breakout and a move into the top 100 cryptos by market cap. As we have seen in recent news, investors continue to respond positively to token inclusion on leading crypto exchanges.

At the time of writing, CRATOS market cap stood at $128m, ranking it #402 on CoinMarketCap.

About the Author

Bob Masonauthor

With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions. Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities.