With the crypto market struggling to recover, crypto pundits are of the opinion that some tokens are bound to experience a boost in the coming weeks. Some tokens on the radar are Chronoly (CRNO), Stellar (XLM), and Ripple (XRP).
Chronoly (CRNO) Will Outperform Other Tokens
Crypto Investors are predicting that Chronoly (CRNO) could surge 50x this summer due to its niche product and early-stage investment potential. Chronoly.io is the world’s leading blockchain-powered fractional watch investment marketplace. The token currently enjoys early success in its presale stage and is innovating today’s primary and secondary watch market.
At its core, Chronoly.io lets you buy, sell, and trade fractions of rare, exclusive, and luxury watches from top brands like Rolex, Richard Mille, and Audemar Piguet by issuing asset-backed NFTs. Users can also digitally verify the authenticity of pre-owned watches using Chronoly’s decentralized ledger on the Ethereum blockchain. CRNO, the platform’s native token lets you stake, participate in reward pools, and receive discounts on trading fees.
With the Chronoly (CRNO) tokens still in presale and the price starting at $0.01, crypto pundits believe that the price will rise significantly in the coming weeks, giving you an opportunity to invest early when the price is still cheap.
New Paths in the Digital World Are Opened by Stellar (XLM)
The current state of the global crypto market is such that the market has plummeted to one of the lowest since inception. Stellar (XLM) wasn’t an exception in the downward trend and It was also a victim of price decimation. However, Stellar (XLM) is attempting a big recovery and is set to open up new paths in the digital world.
Thanks to Stellar (XLM), socioeconomic level users are now able to access and use the ecosystem. Stellar (XLM) is an innovative open financial system with lots of exciting potentials for investors. Its native token Lumens (XLM) can be deployed to serve a lot of purposes, including for the payment of goods and services. A certain amount of Stellar (XLM) must be preserved to prevent accidental system usage.
At its core, Stellar (XLM) allows the transfer of assets to every part of the world through the Stellar (XLM) innovation, catering for the unbanked and also opening up more opportunities for several currencies. With the backing of the Stellar (XLM) initiative by the Stellar (XLM) Development Foundation, XLM is projected to start recovering in the coming weeks, though this will be a long road ahead.
Ripple (XRP) Monica Long talks about the big picture for NFTs
Ripple (XRP) is also attempting recovery, despite the downward trend of the global crypto market. In a report posted in the latest edition of the Ripple (XRP) Drop, Monica Long, the Ripple General Manager was quoted to say that the company is planning to invest in NFTs. Investment in NFTs will further give Ripple (XRP) an edge over its contemporaries. The company’s executive also touched on the limitless potential for creators on XRPL and the proposed XLS-20, which will ultimately attract more investors.
Monica Long also posited that the XLS-20 standard that the company proposed has been forwarded to XRPL validators for approval to enable the efficient and effective creation of NFTs on the XRPL protocol.
Another recovery attempt by Ripple (XRP) is that Xange.com, a securities exchange that’s in partnership with the United Nations, recently announced that plans are at an advanced stage to create a carbon credit marketplace on XRPL. Most investors welcome the push by Ripple (XRP) to dive into NFTs, and they believe it will set Ripple XRP for growth even as the case with the Security Exchange and Commission (SEC) lingers.
For more on Chronoly.io
Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio
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