The crypto market has fallen as many investors have pulled their investments out for fear of default. The Ukraine-Russia war is one of the factors of the overall fall on the financial industry. In addition, inflation is looming all over the globe and stocks are facing severe price volatility. In this period of turmoil, is there any crypto to invest in? Yes! Our experts have proved there are investable coins for the short- and long-run. Enjin Coin (ENJ), Helium (HNT), and Chronoly (CRNO) have a lot of potential. Let’s see what experts have to say.
Enjin Coin (ENJ) – Holders start seeing the light at the end of the tunnel
Enjin (ENJ) is an ERC-20 token on Ethereum (ETH) that is used as the primary utility token for the Enjin (ENJ) Network. It started 2021 at about $0.13 and reached its all-time high of about $4.50 in November. Unfortunately, prices have been dropping ever since making Enjin Coin (ENJ) fall to under $1.
The price for one ENJ (at the time of writing 2/06/22) is $0.63, which makes recovery very difficult. Nevertheless, the whole market is up today which led to Enjin Coin (ENJ) increasing by 9%. This is the perfect example that shows how volatile and unpredictable the crypto market is.
Enjin (ENJ) could keep going up for the rest of 2022 as long as the cryptocurrency markets remain bullish over the long term. Moreover, Enjin Coin (ENJ) is in an excellent position to do better than other altcoins since they have been focusing on NFTs and the metaverse lately.
Helium (HNT) rises 18%
It seems like Helium (HNT) is back after a recent big spike. After dropping over 50% in the last 30 days Helium (HNT) finally shows some signs of recovery and gives investors some hope for the future and long-term of HNT.
Since Helium (HNT) reached its all-time high in November, prices have dropped drastically. Going from $52 to $8 is a huge hit; nevertheless, today’s spike is very positive – once the market fully recovers so will Helium (HNT). As technology and people become more connected, there may be more demand for a decentralised wireless network. Helium (HNT) may or may not make it in the long run, but the fact that it was the first to market and that a16z and Alameda are backing it is a good sign.
Chronoly (CRNO) – The safest asset you can invest in at the moment
Chronoly (CRNO) is based on a stock-based system that gives fragments and tokens an enduring value. It gives crypto investors a golden chance to keep their assets and mitigate themselves from losses with valuable collectibles. Chronoly (CRNO) could help the bulls keep the value of their portfolios.
Chronoly (CRNO) has been bullish for now, and it seems like it’s not stopping any time soon. Its price was fixed at $0.01 initially, and investors are rushing to get in on the first unique project in the world. To date, more than 90 million CRNOs have been bought. With a presale price currently at $0.04, Chronoly’s (CRNO) price has already gone up 120% during presale as investors benefit from getting in early. Furthermore, the crypto experts have predicted the price to rise to 0.50$. This could be a goldmine for you, so be quick!
Presale: https://presale.chronoly.io/register
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
Source: https://www.thecoinrepublic.com/2022/06/03/reviewing-rising-stars-enjin-coin-enj-helium-hnt-and-chronoly-crno/