Chromia is surging upwards and is one of the best performers of the day as the cryptocurrency established a new all-time high. The cryptocurrency surged upwards by 160% during the week while the daily performance has seen a positive change of nearly 30%. The coin’s new all-time high stands at a price level of $1.03. throughout the month of October, there had been a lot of developments and activities going on in the network and while the price of the token remained in consolidation in October, the upward breakout is supported by the strong activity levels of the previous month. At the time of writing, CHR token stands at a price level of $0.91 while the bullish momentum appears to have not ended yet. If market corrections did not overtake the token, then the bullish trajectory can sustain so that Chromia establishes a new all-time high
The bullish month of October
The month of October had been bustling with activities for Chromia and the recent developments have a part to play in the coin’s recent surge. The network started off the month with an announcement of partnership with StudioPlus to launch an NFT of Juan Carlos Ferrero and the announcement was just the beginning of a month jam-packed with exciting news. During the second week of October, Chromia help the third land sale lottery of My Neighbor Alice which resulted in high activity on the network. Following this, ChromiaWay joined the Africa Coding4Integrity African Youth Anti-Corruption Hackathon and Corite also opened the second round of its investment. The Mining Apes NFT was put up for sale afterwards and Revolve Games joined the Chromia ecosystem with a bang. Towards the end of the month, Chromia launched another NFT of My Neighbor Alice as well as entered Binance Launchpool and Binance Innovation Zone Listing.
Future outlook for Chromia
The busy month of October is a testament to the commitment of the development team towards the network. The current month is also expected to be filled with similar activities which will support the bullish outlook of Chromia. Currently, the CHR token stands at a market rank of 162. According to the estimates of Wallet Investor, the cryptocurrency is expected at a price level of $0.755 in a year’s time while the five-year projection places the token at $1.988. Digital Coin Price is much more bullish on Chromia and suggests a price level of $3.33 by 2026.
