
CRWN is an important asset in the cryptocurrency field. As of December 2025, CRWN maintains a market capitalization of $4,225,000 with a circulating supply of 250,000,000 tokens, currently trading at $0.0169. Positioned as a utility token within the Photo Finish™ LIVE ecosystem—a play-to-earn virtual horse racing platform and official gaming partner of the Kentucky Derby—CRWN has become a focal point in discussions around "Is Crown by Third Time Games (CRWN) a good investment?"
Photo Finish™ LIVE, led by Ian Cummings (former Creative Director of EA Sports Madden NFL), leverages advanced simulated genetic breeding algorithms, enabling players to compete against real-life horse owners and breed unique offspring. Since 2023, players have accumulated over $40 million in real money rewards. With over a decade of providing NBC Sports with 3D virtual simulations of the Kentucky Derby, the platform demonstrates substantive integration within mainstream sports media.
This article provides a comprehensive analysis of CRWN's investment value, historical price trends, future price projections, and associated investment risks to serve as a reference for potential investors.
Price Trajectory Summary:
Price Movement Timeline:
| Time Period | Price Change | Absolute Change |
|---|---|---|
| 1 Hour | +0.24% | +$0.000040 |
| 24 Hours | +1.43% | +$0.000238 |
| 7 Days | -12.86% | -$0.002494 |
| 30 Days | -55.35% | -$0.020950 |
| 1 Year | -94.16% | -$0.272484 |
The token experienced significant depreciation from its historical peak, declining approximately 94% over the one-year period. The recent 24-hour trading activity shows marginal recovery of 1.43%, though the asset remains near its all-time low levels.
Key Market Metrics:
Market Emotion Indicator: Neutral to Bearish (Market Sentiment Index: 1)
View real-time CRWN market price and detailed analytics: Gate CRWN Market Data
Crown by Third Time Games (CRWN) is the native token of Photo Finish™ LIVE, a play-to-earn virtual horse racing ecosystem developed by Ian Cummings, former Creative Director of EA Sports Madden NFL. The project operates as an official gaming partner of the Kentucky Derby.
Key Project Features:
| Metric | Value |
|---|---|
| Circulating Supply | 250,000,000 CRWN |
| Total Supply | 250,000,000 CRWN |
| Max Supply | 250,000,000 CRWN |
| Emission Status | Fully diluted (100% circulating) |
Key Observation: The token exhibits a fully diluted state with no additional supply restrictions, indicating all tokens are currently in circulation.
The relatively modest holder base combined with low market dominance suggests CRWN maintains a niche position within the broader cryptocurrency ecosystem.
CRWN demonstrates significant price volatility, with extreme drawdowns from peak valuation. The token's performance reflects broader market conditions affecting gaming and entertainment-focused cryptocurrencies.
With a 24-hour trading volume of approximately $15,931.87 USD against a market cap of $4.225 million, the token exhibits relatively modest trading activity, indicating limited liquidity for large position entries or exits.
At rank 1,635 among cryptocurrencies, CRWN occupies a lower-tier position in terms of market capitalization and adoption, characteristic of specialized gaming tokens.
Disclaimer: This research report presents factual market data and project information as of December 24, 2025. The information is provided for informational purposes only and does not constitute investment advice, recommendations, or endorsements. Cryptocurrency investments involve substantial risk, including potential loss of principal. Investors should conduct comprehensive due diligence and consult qualified financial professionals before making investment decisions.

Report Date: December 24, 2025
Crown by Third Time Games (CRWN) is a blockchain-based gaming token operating on the Solana network, associated with Photo Finish™ LIVE, a play-to-earn virtual horse racing ecosystem. As of December 24, 2025, CRWN trades at $0.0169 with a market capitalization of $4,225,000, ranking 1,635 in global cryptocurrencies. The token has experienced significant price volatility, declining 94.16% over the past year despite recent modest gains of 1.43% in the last 24 hours.
Fixed Supply Structure: CRWN has a total supply of 250,000,000 tokens with 100% circulating supply (250,000,000 tokens currently in circulation). The fully diluted market cap equals the current market cap at $4,225,000, indicating no additional token release anticipated.
Investment Implication: Complete supply circulation eliminates future dilution concerns, though this also means no deflationary mechanisms exist to reduce supply and support price appreciation through scarcity dynamics.
Holder Concentration: CRWN is held by 15,469 addresses, suggesting moderate distribution across retail investors.
Market Depth: With only 3 exchanges listing CRWN, liquidity remains limited, which may restrict institutional participation and price discovery mechanisms.
Market Performance Context: CRWN has underperformed broader cryptocurrency markets, declining 12.86% over seven days compared to the global crypto market.
Risk Profile: The token's extreme volatility and significant year-over-year decline suggest exposure to risk factors beyond typical market conditions, including gaming sector-specific challenges and regulatory uncertainties.
Photo Finish™ LIVE is led by Ian Cummings, former Creative Director of EA Sports Madden NFL. The platform operates as an official gaming partner of the Kentucky Derby, integrating real-world horse racing with blockchain-based gaming mechanics.
Reward Distribution: Since 2023, players have earned over $40 million in real money rewards through Photo Finish™ gameplay, demonstrating active user engagement and platform monetization capability.
Established Market Presence: Photo Finish™ has supplied 3D virtual simulations to NBC Sports for over a decade, indicating operational credibility and mainstream media integration.
Genetic Algorithm: The platform utilizes advanced simulated genetic breeding algorithms to generate unique horse offspring, creating differentiable digital assets and gameplay depth.
Play-to-Earn Model: Players compete against real-life horse owners, combining entertainment with economic incentives through blockchain rewards.
| Time Period | Price Change | Amount |
|---|---|---|
| 1 Hour | +0.24% | +$0.000040 |
| 24 Hours | +1.43% | +$0.000238 |
| 7 Days | -12.86% | -$0.002494 |
| 30 Days | -55.35% | -$0.020950 |
| 1 Year | -94.16% | -$0.272484 |
All-Time High: $0.26626 (July 31, 2025)
All-Time Low: $0.0163 (December 23, 2025)
Current Price: $0.0169
24-Hour Range: $0.0163 - $0.0184
Valuation Ratio: Current price represents 93.7% decline from all-time high and near all-time low levels, indicating substantial investor losses from peak valuations.
Low trading volume relative to market cap indicates limited liquidity and potential difficulty executing large positions without significant price impact.
Official Channels:
Token Details:
Crown by Third Time Games (CRWN) presents a high-risk investment opportunity linked to the Photo Finish™ LIVE gaming ecosystem. While the project demonstrates operational credibility through partnerships with the Kentucky Derby and NBC Sports, combined with proven user engagement generating $40 million in player rewards since 2023, the token has experienced severe depreciation and faces significant market liquidity constraints.
The fixed token supply eliminates dilution risks, but the near-complete collapse in value from historical highs, limited exchange availability, and gaming sector regulatory uncertainties present substantial risks for investors. The token's current price proximity to all-time lows suggests either capitulation or potential consolidation, requiring careful fundamental and technical analysis before investment consideration.
Investors should conduct thorough due diligence regarding Photo Finish™ LIVE's user acquisition trends, competitive positioning within blockchain gaming, and regulatory developments affecting play-to-earn models before making investment decisions.
Click to view CRWN long-term investment and price predictions: Price Prediction
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile and subject to regulatory, technological, and market risks. Past performance and price predictions do not guarantee future results.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.0202181 | 0.01699 | 0.013592 | 0 |
| 2026 | 0.021208617 | 0.01860405 | 0.014139078 | 10 |
| 2027 | 0.026077296885 | 0.0199063335 | 0.012540990105 | 17 |
| 2028 | 0.028739768990625 | 0.0229918151925 | 0.020462715521325 | 36 |
| 2029 | 0.02896968714255 | 0.025865792091562 | 0.015002159413106 | 53 |
| 2030 | 0.031804577955785 | 0.027417739617056 | 0.021111659505133 | 62 |
Crown by Third Time Games (CRWN) is a utility token deployed on the Solana blockchain, serving as part of the Photo Finish™ LIVE ecosystem.
Photo Finish™ LIVE is a play-to-earn virtual horse racing ecosystem led by Ian Cummings, former Creative Director of EA Sports Madden NFL. The platform operates as an official gaming partner of the Kentucky Derby, enabling players to compete against real-life owners and breed unique offspring using advanced simulated genetic breeding algorithms.
Key Milestones:
| Metric | Value |
|---|---|
| Current Price | $0.0169 |
| 24h Trading Volume | $15,931.87 |
| Market Capitalization | $4,225,000 |
| Circulating Supply | 250,000,000 CRWN |
| Total Supply | 250,000,000 CRWN |
| Max Supply | 250,000,000 CRWN |
| Circulating Ratio | 100% |
| Market Dominance | 0.00013% |
| Number of Holders | 15,469 |
| Blockchain | Solana (SOL) |
| Time Period | Change | Amount |
|---|---|---|
| 1 Hour | +0.24% | +$0.000040 |
| 24 Hours | +1.43% | +$0.000238 |
| 7 Days | -12.86% | -$0.002494 |
| 30 Days | -55.35% | -$0.020950 |
| 1 Year | -94.16% | -$0.272484 |
| Indicator | Value | Date |
|---|---|---|
| All-Time High | $0.26626 | July 31, 2025 |
| All-Time Low | $0.0163 | December 23, 2025 |
| 24h High | $0.0184 | - |
| 24h Low | $0.0163 | - |
| Launch Price | $0.17 | - |
The token has experienced significant depreciation since launch, trading at approximately 90% below its launch price of $0.17. The all-time high of $0.26626 reached in July 2025 represents the peak valuation, with subsequent consolidation and decline through December 2025.
Current market emotion indicator registers neutral conditions.
Long-Term Holding (HODL Strategy)
Active Trading
Asset Allocation Guidelines
Risk Mitigation Strategies
Storage Security Recommendations
Crown by Third Time Games token presents exposure to an innovative play-to-earn gaming ecosystem with established partnerships in traditional sports media and real-world racing. However, the project faces significant market headwinds, evidenced by the 94.16% one-year decline and current all-time low pricing.
The token's utility within the Photo Finish™ LIVE platform provides fundamental value potential, but current market conditions suggest early-stage risk positioning. The 55.35% monthly decline and extremely low liquidity indicate cautious market sentiment.
✅ New Investors
✅ Experienced Investors
✅ Institutional Investors
⚠️ Important Notice: Cryptocurrency investments carry substantial risk including total loss of principal. This analysis is provided for informational purposes only and does not constitute investment advice, financial recommendation, or offer to buy/sell securities. Conduct independent research and consult qualified financial advisors before making investment decisions. Market conditions, regulatory environment, and project fundamentals are subject to rapid change.
Report Generated: December 24, 2025
Data Source: Gate Data Crypto Analytics
Disclaimer: This report reflects market conditions and available data as of the report date and should not be considered current investment guidance.
Q1: What is Crown by Third Time Games (CRWN) and what utility does it provide?
A: CRWN is a utility token operating on the Solana blockchain, serving as the native asset of Photo Finish™ LIVE, a play-to-earn virtual horse racing ecosystem. The token provides in-game utility for players to compete in races, breed digital horses using advanced genetic algorithms, and claim earned rewards. Photo Finish™ LIVE is led by Ian Cummings, former Creative Director of EA Sports Madden NFL, and serves as the official gaming partner of the Kentucky Derby with established partnerships providing 3D simulations to NBC Sports for over a decade.
Q2: What is the current market performance and price of CRWN as of December 2025?
A: As of December 24, 2025, CRWN trades at $0.0169 USD with a market capitalization of $4,225,000. The token has experienced significant depreciation, declining 94.16% over the past year from approximately $0.2412 to current levels. However, CRWN showed modest recovery of 1.43% in the last 24 hours and trades near its all-time low of $0.0163 established on December 23, 2025. The token's all-time high of $0.26626 was reached on July 31, 2025.
Q3: How has CRWN's price performed across different timeframes?
A: CRWN exhibits concerning performance across most timeframes: over one hour it gained 0.24%, in 24 hours it gained 1.43%, but over 7 days it declined 12.86%, over 30 days it fell 55.35%, and over one year it collapsed 94.16%. This pattern indicates persistent downward pressure despite recent marginal hourly and daily recoveries, suggesting the token remains in a bearish market phase with limited bullish sentiment.
Q4: What are the key risks associated with investing in CRWN?
A: Primary investment risks include extreme volatility and liquidity constraints (24-hour volume of only $15,931.87 against a $4.225 million market cap), regulatory uncertainty surrounding play-to-earn gaming models and real money rewards distribution, platform dependency on sustained user engagement and Photo Finish™ LIVE adoption, limited exchange availability (only 3 exchanges), and competitive pressures from established gaming platforms. The project's success depends entirely on continued user acquisition and retention within the Photo Finish™ ecosystem.
Q5: What is the token supply structure and what does fully diluted mean for CRWN?
A: CRWN has a fixed total supply of 250,000,000 tokens with 100% currently in circulation (250,000,000 circulating tokens). This fully diluted state means all tokens are already released into the market, eliminating future supply inflation concerns but also indicating no deflationary mechanisms exist to reduce supply and support price appreciation through scarcity dynamics. The circulating supply equals the total supply, making the market cap and fully diluted valuation identical at $4,225,000.
Q6: What is the long-term price outlook for CRWN through 2030?
A: Long-term price predictions vary by scenario: the base case projects $0.0214-$0.0274 by 2030 assuming steady ecosystem development, the optimistic case forecasts $0.0274-$0.0318 contingent on large-scale user expansion and favorable market conditions, and the transformative case suggests $0.0318 and above dependent on breakthrough ecosystem developments and mainstream adoption. These projections represent 26-88% upside from current December 2025 levels, though they carry substantial uncertainty and should not be considered guaranteed outcomes.
Q7: Is CRWN suitable for conservative investors, and what allocation strategy is recommended?
A: CRWN is not recommended for conservative investors due to extreme volatility, significant drawdowns, and limited liquidity. Conservative investors should limit exposure to 0-2% of portfolio if considering any allocation. Balanced investors may consider 2-5% maximum exposure, while only aggressive investors with high risk tolerance should consider 5-10% allocation. All investors should implement disciplined risk management including stop-loss orders at 15-20% below entry price, utilize secure non-custodial wallets (Phantom, Solflare for Solana), and conduct thorough due diligence on Photo Finish™ LIVE user adoption metrics before investing.
Q8: What fundamental strengths support CRWN's investment case despite recent price declines?
A: Key fundamental strengths include Photo Finish™ LIVE's established operational credibility with over $40 million in real money player rewards distributed since 2023, direct integration with NBC Sports broadcasting (providing 3D Kentucky Derby simulations for over a decade), official Kentucky Derby partnership demonstrating mainstream sports integration, advanced genetic breeding algorithm technology creating differentiated gameplay, and experienced leadership with Ian Cummings' background in professional gaming development. However, these fundamentals must be weighed against current extreme price depreciation and market liquidity challenges.
Disclaimer: This FAQ is provided for informational purposes only and does not constitute investment advice, financial recommendations, or endorsements. Cryptocurrency investments involve substantial risk including potential total loss of principal. Investors should conduct comprehensive independent due diligence and consult qualified financial professionals before making investment decisions. Market conditions and project fundamentals are subject to rapid change.











