The cro coin's significant price drop recently is attributable to a huge yield rate of nearly 960% from the bitget launchpool project. this situation can trigger immense selling pressure, forcing some holders to liquidate their holdings for profitable gains or other investments.
additionally, the startup project on gate.io also offers staking on btc with an annual yield of 37.55%, further contributing to cro's price fluctuation.
unlike cro, other cryptocurrencies like btc or eth are not providing such high yields, compelling some investors to consider investing in them instead.