Chromia (CHR): A Promising Crypto Project Based on Ethereum - Latest cryptocurrency news

Chromia (CHR): A Promising Crypto Project Based on Ethereum

Chromia (CHR) is a cryptocurrency project built on Ethereum, aiming to develop and deploy decentralized applications (dApps). It is utilized in NFT-focused games like My Neighbor Alice and enterprise applications like LAC PropertyChain.

The main use case for Chromia is the creation of user-driven centralized dApps, projects, and enterprise-focused decentralized applications. With the Chromapolis DApp, developers can build desired applications using a custom programming language and integrate them with other applications. Each application creates a separate blockchain, benefiting from horizontal scaling technology.

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This horizontal scaling technology solves the scalability issue faced by Ethereum. The PBFT-style structure utilizing smart contracts provides developers with flexibility and differentiation opportunities.

Chromia is currently ranked 525th in terms of market cap, with a total value exceeding $24 million, based on its circulating supply of 449,405,999 CHR out of a maximum supply of 538,962,532. CHR Coin has reached a trading volume of $8 million within 24 hours and is currently trading at $0.05.

Previously, CHR Coin reached a record high of $0.11, experiencing a 52% drop from that level. The lowest price level for CHR was recorded on March 13, 2020, at $0.0087.

CHR Coin can be purchased through the Binance cryptocurrency exchange. Binance’s billions of dollars in liquidity and security options attract many investors.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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