Let’s all be honest here, if you’re reading this then you’re either already investing in cryptocurrency or seriously considering investing in cryptocurrency. Either way, what you’re really looking for is profit in general and capital growth in particular. So, it helps to know which of the many crypto coins currently on the market could make you a 100-fold return on your money. Here, we examine 3 of them: Ripple (XRP), Tron (TRX) and Chronoly (CRNO).
Ripple (XRP) is riding out the storm
Throughout most of its history, Ripple (XRP) has been active in the merger and acquisition (M&A) arena, purchasing companies such as Trianglo, Algrim and Logos among others. Despite being embroiled in a high-profile legal dispute with the Securities and Exchange Commission (SEC), the company has continued to expand.
As you may be aware, the SEC hit Ripple (XRP)with a bombshell in December 2020 when it filed a lawsuit against the company and two of its senior executives for allegedly producing and selling unlicensed securities in the form of the XRP cryptocurrency. Ripple (XRP) is using its funds and resources to construct a more manageable ecosystem for developers to launch XRP projects, incentivizing enterprises to use the cross-border payments coin. Despite favorable developments in the SEC case and noteworthy agreements in Asia, XRP has underwhelmed some crypto analysts.
XRP is the only senior top-ten cryptocurrency that hasn’t topped its 2017-2018 bull market highs. ADA recently surpassed it. XRP is the seventh-largest cryptocurrency after ADA, with a $20 billion market valuation. Some holders believe large-scale acquisitions that bring more practical use cases for XRP and an SEC triumph might boost the coin’s upside.
Chronoly (CRNO) are up 300% in pre-sale
Chronoly (CRNO) is a utility token that drives Chronoly’s ecosystem and has had a successful presale. Chronoly.io is the first decentralized luxury watch-backed NFT marketplace. Each NFT is backed by a rare and luxury watch. The NFT is divided into fractions so smaller investors can purchase a rare luxury watch. Users who hold 100% of the watch fractions can redeem the physical watch from the Chronoly’s vault or borrow against their watch fractions. Chronoly (CRNO) coins are up 300% in their presale and trading at $0.04. Many crypto traders are bullish about the project’s unique usage of real-world assets and NFTs and may easily achieve its $0.50 price objective by July 27, 2022.
The watch market is growing from day to day, and is valued at almost $93 billion. Moreover, experts expect the market to keep growing since luxury watches have demonstrated to be a very stable investment over the years and even decades.
Also, Chronoly (CRNO) has easily passed an audit made by Solidproof, which completely eliminates the risk of Chronoly being a scam. So, looking for the elusive 100x return? Try one of these coins.