Top interest-earning tokens to help you passively make money

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Top interest-earning tokens to help you passively make money

By Milko Trajcevski - min read
Updated 21 March 2023
  • CRO’s trading volume saw an increase of 37% in the span of the last 24 hours.

  • NEXO saw an increase in its value by 3% in the last 24 hours.

  • Both of these tokens have the potential for growth and will allow you to make money passively.

Cronos (CRO) is the native cryptocurrency token used across the Cronos chain. Through its usage, users can earn an annual interest of up to 10%, which is paid out daily.

Nexo (NEXO) is a blockchain-based lending platform that lets users get cryptocurrency-backed loans. This means that those who lock in tokens within the platform can receive interest payments on the funds which have been deposited.

On June 7, Cronos launched the Cronos Accelerator program, which powers growth for early-stage projects that are building on the blockchain.

Nexo also announced on June 11 that those who open a new Nexo account, top up, and make an exchange could receive $150 in Bitcoin (BTC). They also announced a $50,000 prize pool for their Referral Race Promo.

It is clear that both of these projects offer numerous ways through which users can passively make money.

Should you buy Cronos (CRO)?

On June 14, 2022, Cronos (CRO) had a value of $0.1176.

The all-time high of Cronos (CRO) was on November 24, 2021, when the token reached a value of $0.965407.

When we take a look at the performance of the token throughout the previous month, Cronos (CRO) had its highest point of value on May 1 at $0.3564.

Its lowest point was on May 27 at $0.1661. Here we can see a decrease of $0.1903 or 53%.

However, CRO has potential for growth and can reach a value of $0.3 by the end of June, making it a solid buy.

Should you buy NEXO (NEXO)?

On June 14, 2022, NEXO (NEXO) had a value of $0.79471.

Going over the token’s all-time high, NEXO (NEXO) reached $4.07 on May 12, 2021.

Going over how the token performed last month, NEXO (NEXO) had its highest point of value on May 1 at $2.3905.

Its lowest point was on May 12 at $1.069. This marked a decrease in value by $1.3215 or by 55%.

With this in mind, at $0.79471, NEXO is a solid buy as it can climb in value to $1.5 by the end of June.