The crypto market is going through a series of bearish phases. In the last few weeks, most cryptocurrencies have fallen hard, while some have been able to withstand the market downfall. However, there are also a few relatively rare projects that have recorded tremendous growth during the market crash. Klaytn (KLAY), Stellar (XLM), and Chronoly.io (CRNO) tokens are examples of different crypto projects.
The prices of Klaytn (KLAY) and Stellar (XLM) have been in the red zone for quite some time now, whereas the new project, Chronoly.io (CRNO), has risen extraordinarily during the same phase. Chronoly’s CRNO token has increased by over 500% in its pre-sale phase. Let’s dwell deeper into these three cryptocurrencies.
Klaytn (KLAY) Finds Current Market Situation Harsh
Stellar (XLM) Sees Reduction in Investors
Chronoly.io (CRNO) Becoming More Valuable Day-by-Day
Chronoly.io has introduced a new and unique concept in the cryptocurrency market. It is the first-of-its-kind blockchain-based fractional watch marketplace in the world. Chronoly.io lets people make small purchases and gain fractional ownership of high-end luxury watches from brands like Patek Philippe, Richard Mille, Rolex, and others.
The way Chronoly’s CRNO works is its USP. The company first buys physical versions of luxury watches and then mints NFTs against them. The watches that Chronoly.io buys are kept in secured vaults across the world. This means all the NFTs minted by Chronoly.io are backed by real-world luxury watches, making the NFTs highly stable and secured against real assets.
Thus, crypto traders worldwide have placed Chronoly.io among the market’s top newcomers. Its popularity and acceptance can be understood by the fact that Chronoly’s CRNO token registered a growth of over 500% in just two months since its launch in May 2022. Its price has increased from $0.01 to $0.06 during its pre-sale phase, and analysts are speculating that the price could increase once the token officially launches on a centralized exchange.
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
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/2022/08/klaytn-klay-stellar-xlm-lag-behind-while-chronolyio-pre-sale-records-huge-success