Chainlink (LINK), Gala (GALA) lose steam as Chronoly.io’s Growth Goes Supersonic

The recent cryptocurrency market trends have testified to the fact that the bears are ruthless if crypto projects do not have the mettle required to stand stronger. The cryptocurrencies, which are inherently solid and resilient, have not only survived the market crash but have posted growth during the trying times.

While cryptos like Chainlink (LINK) and Gala (GALA) have taken a severe hit in recent times, Chronoly.io (CRNO) has reinstated the view that cryptocurrencies can grow at all times if they have a solid, transparent, secure, and profitable roadmap. Chronoly.io’s CRNO tokens have nearly sold out before the end of the pre-sale phase.

Chainlink’s Problem is Sinking Trade Volume

The bearish phase of the market has hardly spared any cryptocurrency. Chainlink (LINK) was also one of the worst sufferers during the recent market downfall. Since the value of Chainlink (LINK) relies solely on trade volume of the blockchain networks, the market crash caused an acute fall in the price of LINK. Chainlink (LINK), which had touched its all-time high of $52.88, is currently being traded at $6.53.

Chainlink (LINK) is a blockchain-based system that aims to enable universally connected smart contracts. The platform was launched to connect data and information from outside a blockchain to on-chain smart contracts. Chainlink (LINK) facilitates the interaction of different blockchain networks with external data feeds, events and payment methods. Chainlink (LINK) is one of the first projects that link off-chain and on-chain data through oracles, which are software known as middleware.

Gala (GALA) Needs Corrective Measures

Decentralized gaming platforms have witnessed a huge loss this year, and Gala Games (GALA) is no exception. The price of GALA, the token that powers Gala Games’ ecosystem, has shrunk by over 93% from its all-time high of $0.84. Currently, GALA is being traded at the price of $0.05.

Gala Games is a blockchain-based ecosystem dedicated to the gaming industry. GALA is the native crypto of the gaming ecosystem. Gala Games (GALA) aims to revolutionize the gaming industry by introducing a platform where the players do not only play the game but control it too. According to its developers, players, at present, play games and create in-game assets after spending several hours, but they do not control the game; Gala Games (GALA) aims to change it.

Chronoly.io’s Growth Jet Takes Investors to Sky

Tangible utility, backing from real-world assets, several use cases, monthly lucky draw, a lending protocol and other features have helped Chronoly.io’s (CRNO) token conquer peaks of success. Chronoly.io’s buyers are thrilled with the project’s success. Staging a stellar performance, Chronoly.io (CRNO) posted a massive growth of over 560% during its pre-sale phase.

The world’s first blockchain-based watch marketplace, Chronoly.io (CRNO), allows people to make a fractional investment in luxury watches’ NFTs. Chronoly.io (CRNO) users can invest in luxury watches for as low as $10, allowing for co-ownership of luxury watches. However, users can also purchase 100% NFT of a watch to redeem it for the physical possession of the timepiece.

Chronoly.io (CRNO) procures physical watches from high-end brands such as Patek Philippe, Rolex, and Richard Mille, and stores them in secured vaults before minting their NFTs. Since real-world physical watches back these NFTs, Chronoly.io’s (CRNO) price becomes immune to adverse market situations and speculations. Luxury watches have proved themselves an inflation-beating investment instrument unaffected by the market conditions; their value keeps increasing.

As for the other use of CRNO, Chronoly.io’s users can stake their tokens to make extra money. Chronoly.io (CRNO) has also tied up with metaverse developers, where Chronoly.io’s CRNO token will be used extensively.

Chronoly.io’s march during its pre-sale has been an admirable success story in the crypto market. Its token price has stepped up from $0.01 to $0.066 since its launch in May 2022, logging a growth of 560%. Experts believe that Chronoly.io (CRNO) will grow by another 2,500%-5,000% in the coming months.

For more information about Chronoly.io presale

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Presale: https://presale.chronoly.io/register

Twitter: https://twitter.com/Chronolyio

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Source: https://www.thecoinrepublic.com/2022/09/01/chainlink-link-gala-gala-lose-steam-as-chronoly-ios-growth-goes-supersonic/