Chronoly (CRNO) Could Rise 5000%, Whilst Hedera (HBAR) And Kusama (KSM) Struggle To Post Gains

Volatility is the beauty of cryptocurrency. Blockchain has seen immense growth since its inception. Many of them are scams, but very few still have potential and real use cases. Where and when to investis the game that every investor is looking to learn these days. Whilst Hedera (HBAR) and Kusama (KSM) have struggled to post gains lately, there is a new crypto project on the block which is currently in its presale and has a lot of hype behind it, “Chronoly (CRNO),” and there is a good reason why.

1: Hedera (HBAR)

Hedera (HBAR) has powerful blockchain technology that allows it to surpass several blockchain-based competitors in key areas such as speed, pricing, and scalability. But even then, it has failed to gain momentum in 2022. Currently, Hedera (HBAR) is down – 47.31% over the last twelve months and at the time of writing, the Hedera HBAR token is trading at $0.1019 which is slightly above it’s original ICO price.

2: Kusama (KSM)

Kusama is based on a consensus process known as nominated proof-of-stake (NPoS). The fraction of KSM staked affects how freshly created Kusama (KSM) tokens (because of inflation) are allocated. If precisely half of the KSM tokens are staked, Kusama validators receive 100% of newly issued tokens. However, if it is greater than or less than 50%, some of the inflation incentives go to the Kusama treasury. Kusama was first distributed as an airdrop to individuals who purchased Polkadot (DOT) tokens. This inflation caused a continuous devaluation of the cryptocurrency. At the time of writing, KSM trades at $88.04 with a circulation supply of 8,470,098 KSM and a marketcap of $746,016,197. The Kusama (KSM) token is down -75.57% over the last twelfth months.

3: Chronoly (CRNO)

Chronoly.io is a marketplace that is disrupting and revolutionising the watch market by allowing anybody to fractionally buy, sell, and invest in rare and collectable watches on the blockchain.

Each NFT watch minted is backed by a genuine physical watch. This is authenticated, insured, and stored in one of the platform’s secure depositary vaults worldwide. The watch NFT is then broken into fractions, enabling anybody to own a portion of the watch from as little as $10. Users may trade their fractions 24 hours a day, 7 days a week on Chronoly’s secondary market or on an Ethereum blockchain-based third-party NFT marketplace like Opensea. The Chronoly watch-backed NFTs may be used as proof of authenticity and ownership, collateral for lending, trading in secondary markets, or kept as digital collectibles inside the Chronoly ecosystem or Metaverse.

Is a 5000% rise possible for Chronoly (CRNO)?

The Chronoly (CRNO) tokens are now in presale and selling at $0.02 up 100% from last weeks price of $0.01. Many crypto traders are positive about the project’s unique utility of real-world assets and NFTs and predict that the CRNO token will easily achieve its price target of $0.50 by the 27th of July 2022. The CRNO token or Chronoly token has been relying on real-world utility, so there is a big probability that it will meet its target of a 5,000% rise in the near future.

The growth of a project relies on the potential of the project and the problems it solves. Chronoly solves following problems:

Lowers entry barriers and allows everyday people to own a piece of rare collectable watches.
Holding a tradable digital version of a watch backed by a physical asset offers holders the opportunity to lend against their assets.
When a watch is validated and an NFT is minted, all of the watch’s information is saved in the metadata for product verification and history. This can be checked openly and eliminates counterfeiting risks in the preowned markets.
Enabling a publicly available oracle that will allow collectors, distributors, and institutions like insurers to price and value watches accurately.

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

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Twitter: https://twitter.com/Chronolyio