Crypto investors worldwide keep a constant watch on the tokens that perform well, especially if they post positive growth during adverse times. Such projects come with surety of a positive return. However, the crypto market has been quite turbulent in recent times, and it has jeopardized the growth prospects of several cryptocurrencies.
Polygon (MATIC) and TRON (TRX) are the cryptocurrencies that once led the market with heavy returns; however, their investors are now settling for meager growth. On the other hand, Chronoly.io’s CRNO holders are riding a unicorn of growth and profit. The pre-sale of Chronoly.io (CRNO) turned out to be a huge success as all the tokens were sold out before the deadline.
The New Updates Work In Favour of Polygon (MATIC)
The induction of Polygon ZKEVM to increase the use cases of MATIC, the native crypto of the Polygon network, seems to work in favor of the platform. The recent market downfall had almost drowned the prices of MATIC, forcing Polygon to increase the network’s usability to stay afloat.
Consequently, Polygon (MATIC) came up with Polygon ZKEVM, making it easy for developers to build apps on the platform. All smart contracts and tools compatible with the Ethereum network can now be used on Polygon ZKEVM. Thus, the project can keep the trade volume high. Polygon (MATIC) is a “sidechain” aiming to provide faster transactions at lower costs. Polygon’s native token is MATIC.
Even though Polygon (MATIC) is currently being traded at $0.78, more than 73% below its all-time high of $2.92, the token is pegged to rise due to the increasing trade volume of the platform. However, the price rise is expected to be at a low to moderate speed, given the overall market conditions.
Tron (TRX) Braves Market Cold With Increase in Trade Volume
TRON Network’s token TRX has finally braved the market bears to put itself into the green zone again. Since TRON (TRX) has about 95 million users, the trade volume on the network did not tumble acutely. This kept TRON (TRX) in the race during the market crash. Now that the market has shown some signs of revival, TRON (TRX) has also picked up speed, albeit a slow one.
Analysts expect that the project can gain more traction in the coming months because it has bounced back in recent weeks. Currently, TRON (TRX) is trading at $0.06.
TRON’s TRX is based on the proof-of-stake (PoS) consensus mechanism. It is a decentralized version of the internet. The main goal of TRON’s TRX is to allow content creators to receive funds directly from their consumers. On TRON (TRX), people can create, share, or even trade content.
Chronoly.io’s Pre-sale Sell Out Boosts CRNO’s Prospects
Chronoly.io has entered the crypto market with a unique business roadmap to disrupt the luxury watch marketplace. It is the first-of-its-kind blockchain-based digital marketplace that trades NFTs of rare collectable watches. Chronoly.io lets people gain partial ownership of a rare collectable watch by making fractional investments in the NFTs of luxury watches. These fractional investments can be as little as $10.
However, if a person buys 100% NFT of a timepiece, they become the owner of the watch, and can have physical possession after burning the NFTs.
Chronoly.io also surpasses other projects in terms of stability, authenticity, and tangible utility. Chronoly’s CRNO is directly influenced by the value of luxury watches and is not based on speculation and hype. Since the NFTs minted by Chronoly.io (CRNO) are backed by physically stored luxury watches, investors do not hesitate to put their money into the project. Chronoly.io’s (CRNO) buyers feel secure and confident about their return because the prices of luxury watches are renowned for continuously going up.
The demand for Chronoly.io’s CRNO has surged to the sky. Its price has taken flight from $0.01 to $0.066 in just a few weeks. Launched in May 2022, Chronoly.io (CRNO) has grown by 560% and is expected to jump 2,500%-5,000% more. Its price is expected to touch the $1.00 mark soon.
For more information about Chronoly.io presale
Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio
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