Cryptocurrency markets made a comeback in July after witnessing weeks of slump. Even as the US declared the highest inflation in 40 years and the economic recession fears became more pronounced, several cryptocurrencies pushed higher. According to the Crypto Fear & Greed Index, the overall market sentiment moved from “extreme fear” to “fear” as buyers returned to the market to make the most of low priced crypto tokens. Interestingly, Ethereum-powered altcoins like TRON (TRX) and Decentraland (MANA) demonstrated remarkable resilience as they ended the month with double digit gains. The future outlook for these tokens remains positive as bulls are likely to move the crypto markets up in the coming weeks.
In this article, we will take a look at Tron (TRX), Decentraland (MANA) and a new token Chronoly.io (CRNO) which jumped 560% last month and is still in its presale.
What the future holds for TRON (TRX)
What to expect from Decentraland (MANA)
Why is everyone excited about Chronoly.io (CRNO) token?
Chronoly.io is an exciting new entrant in the cryptosphere. Currently in its third presale stage, the CRNO token price is already up more than 560% in the last few months. Of the 300 million CRNO tokens available in the presale, only 30 million are left to purchase in phase 3. It was initially offered at a price of $0.01, which has now gone up to $0.066, in just two months.
The Chronoly project packs some interesting features that are generally missing in many popular cryptocurrencies. Based on Ethereum blockchain, CRNO is the in-house token of Chronoly, which is the world’s first 24/7 watch investment platform that enables anyone to make fractional investment in rare luxury watch collectables. Chronoly.io creates NFTs that are backed by the real version of the watches, which is then broken down into fractions to enable users to own a stake in a Rolex watch for as little as $10.
The physical version of the watch is held in a secure vault and if a user holds 100% of the NFTs they have the option to redeem the watch. Many industry experts are predicting the price of CRNO tokens to surge by 50x in the next coming weeks when the presale window closes and the CRNO token launches on UniSwap.
Conclusion
For more information about Chronoly.io Presale
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
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Source: https://www.thecoinrepublic.com/2022/08/01/three-tokens-that-could-surge-in-august-tron-trx-decentraland-mana-and-chronoly-io-crno/