Investors looking for the right coins to buy after the recent bear market should consider Hedera (HBAR) and Stellar Lumens (XLM). Both projects have got the backing of corporate giants in the technology and payments world and that could be a launchpad for future partnerships. Hedera and Stellar have both seen the market cap of their projects hurt by the recent downturn and could provide value for investors at current prices. Chronoly.io is also one to look out for, they have created an NFT marketplace for rare luxury watches which looks set to revolutionize the market and reward Chronoly believers in the process.
Hedera (HBAR) Signs Interesting Partnerships
Hedera (HBAR) has struggled after the crypto downturn that began in 2021. Hedera’s HBAR has seen its value drop from highs near $0.50 to only $0.07 at the time of writing. Corporates are still keen to back Hedera and the project has the backing of some of the world’s top companies with Google, Boeing, and IBM amongst the names. The Hedera project has also recently signed a partnership with video game publishing firm Ubisoft, which will support the Hedera plans for entertainment and gaming. Investors should follow the lead of these corporate titans and get involved in HBAR.
Stellar Lumens (XLM) is also in Demand
Stellar Lumens (XLM) is another project that is in demand for partnerships after the recent tie-up with MoneyGram. MoneyGram serves millions of customers in global cross-border payments and Stellar will assist the project with digital payments using the USDC stablecoin. Stellar has seen a lot of movement with its price currently priced at $0.17 at the time of writing and bargain hunters could consider this long-standing project.
Chronoly (CRNO) Could See Later Partnerships with Watchmakers
Chronoly.io is the world’s first fractional watch investment platform on the Etheruem blockchain and will start off with its asset-backed NFT marketplace that is already attracting investor attention. Buyers will be able to buy fractions of high-end luxury watches that will be minted into NFTs. Not only that but, the project also has ambitions to enter the metaverse later with its Chronoverse platform and that could see the project in high demand from luxury brands.
Dolce & Gabbana and Nike are two brands that have made early moves into the metaverse and brands such as Rolex could follow suit. Watchmakers may want to utilize the Chronoly.io trading platform, but they could also seek to link up for virtual stores and other digital collaborations.
Chronoly.io is currently in a presale but it native token (CRNO) has already seen a 400% return from the first phase of the presale. Investors in the early coin drop will also get access to an exclusive members club. Discounts for trading and regular prize draws will also be available for buyers of the CRNO token. The token can be staked for an annual return in order to earn an asset-backed passive income. Industry insiders estimate that the Chronoly.io project could kick start a new trend in the cryptocurrency market which is asset-backed projects with real-world utility.
For more information about the Chronoly.io Pre-Sale:
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/06/bulls-back-hedera-hbar-and-stellar-lumens-xlm-chronolyio-surges-400-in-pre-sale