The crypto market has changed drastically in the last six months. Since projects have suffered heavily during the market crash, investors are forced to revamp their investment strategy. The market performance of cryptocurrencies has become an essential criterion for investors to put their money into any project. Investors are dumping the projects with no or minimal returns.
Therefore, projects like Tezos (XTZ) and Shiba Inu (SHIB) have been trying hard to sustain their performance. On the other hand, Chronoly.io (CRNO) has emerged as a magnet for investors. Chronoly.io (CRNO) pre-sale success, which witnessed a growth of 690%, has made market bulls run for the project.
Investors in Tezos (XTZ) Project Losing Patience
The market performance of Tezos (XTZ) is similar to many cryptos in the arena. The price of Tezos (XTZ) has failed to strike a balance. While on some days, Tezos (XTZ) fares better on the chart, on other days, it shows poor performance. Consequently, Tezos (XTZ) been unable to convince investors. The price of Tezos (XTZ) has declined by over 8% in the last week. Currently, XTZ is being traded at $1.52.
Tezos (XTZ) is a fourth-generation blockchain-based platform that enables the merging of advanced protocols. It facilitates developers in building decentralized applications (Dapps) and smart contracts. Tezos (XTZ) uses Liquid Proof-of-Stake (LPoF) consensus mechanics. Tezos (XTZ) platform is renowned for introducing a system of self-governance.
The Future Market of Shiba Inu (SHIB) Seems Gloomy
The market has been harsh on Shiba Inu (SHIB) for many months. The price of the second largest meme coin, Shiba Inu (SHIB), has dipped over 20% in the past month. Notably, the price of Shiba Inu (SHIB) has tumbled by 11% in the last seven days, while its market cap dropping by 5%.
These gloomy market situations have forced the cryptocurrency to introduce new updates to the platform to retain the existing users and investors, and to attract new ones. Recently, Shiba Inu (SHIB) joined hands with THE THIRD FLOOR (TTF), one of the best visualization studios, to offer its users a more immersive environment. Shiba Inu (SHIB) is an Ethereum-compatible alternative to another meme coin, Dogecoin (DOGE).
Chronoly.io (CRNO) Takes Flight to Mt. Everest of Growth
Chronoly.io’s novel business roadmap and value proposition have made its CRNO token really high on the price chart. Chronoly.io (CRNO) pre-sale peaked at a 690% increase, with all its CRNO tokens nearly sold out before the deadline. The first-of-its-kind blockchain-based digital marketplace, Chronoly.io (CRNO), allows fractional investments in luxury watches.
With this platform, people can gain partial ownership of luxury watches by making fractional investments in timepieces. Chronoly.io (CRNO) mints NFTs of rare luxury watches after directly purchasing timepieces from authentic sellers. Since NFTs of expensive luxury watches are broken into pieces, (Chronoly.io (CRNO) users can start with a small investment of as low as $10. Moreover, if people buy 100% NFT of any watch, they can redeem it for the physical version of the timepiece.
All NFTs are backed by physical assets, i.e. physical watches, because Chronoly.io (CRNO) holds possession of all timepieces, against which, NFTs have been minted. This practice provides Chronoly.io (CRNO) authenticity and stability. Since the price of CRNO is interlinked with the value of luxury watches, market bulls are confident about Chronoly.io (CRNO) growth. Historically, luxury watches have consistently witnessed appreciation in value. The project’s whitepaper highlights that the luxury watch market will record a profit of $49 billion in the coming years.
The popularity and acceptance of Chronoly’s.io CRNO have reached new summits after its pre-sale success. CRNO’s price is now up by 690%. Taking a jump from $0.01 to $0.079, CRNO is expected to rise by another 5,000%. It is also believed that the price of CRNO can reach $1.00 soon.
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