Cardano (ADA) Struggles To Support Its Price While Chronoly (CRNO) Launches CRNO on Exchange at 690% appreciation
Reports coming out of the crypto market have been a mixed set of good and gloomy. While some cryptocurrencies are stumbling in the absence of any support, others are growing at a fast pace to capture a significant market...
Reports coming out of the crypto market have been a mixed set of good and gloomy. While some cryptocurrencies are stumbling in the absence of any support, others are growing at a fast pace to capture a significant market share. Cardano (ADA) and Chronoly (CRNO) are two such projects. Cardano (ADA) investors are now getting apprehensive about the project and considering leaving the crypto. Chronoly (CRNO), on the other hand, has launched its tokens on the UniSwap exchange at $0.079 after recording a growth of 690% during its pre-sale.
Cardano (ADA) Losing Investors
With many recent developments and updates on the platform, Cardano (ADA) has been trying its best to keep in the green zone. But, Cardano (ADA) has not been able to do so as its price tumbled over 2% last week. Trapped in a bearish phase for a long time, the current trading price of Cardano (ADA) is hovering around $0.42, which was $0.45 a few weeks ago. On the monthly price chart, Cardano (ADA) has fallen by around 11%, which is more than its dip of 8% in the previous month. Although the overall crypto market has rebounded, Cardano (ADA) is still more than 86% below its all-time high of $3.10, which the project reached in 2021.
Cardano (ADA) has updated its platform to make the ecosystem favorable for users by enhancing the technology and performance. However, investors are worried whether the crypto will ever be able to touch the $3.0 mark again. Cardano (ADA) is a blockchain network famous for catering to developers of a wide range of decentralized tokens, finance apps, and games. Cardano (ADA) aims to become a leading platform in the DeFi (Decentralized Financing) industry, challenging big projects such as Solana and Ethereum. Cardano users can also stake their ADA tokens to earn extra.
Chronoly (CRNO) Eyes $8.0 Mark In Coming Months
Chronoly.io is at the pinnacle of the crypto market after the launch of its CRNO tokens on the UniSwap exchange. The public launch has come after surpassing all the previous milestones of success, as Chronoly’s CRNO tokens recorded a price appreciation of 690% during the pre-sale phase. Notably, all CRNO tokens were sold out before the deadline. Consequently, Chronoly’s CRNO tokens, which were launched at the price of $0.01 when the pre-sale began, have now entered the trading market at $0.079. Above all, Chronoly’s CRNO tokens are expected to reach $3 soon after its launch on the UniSwap exchange. Market experts predict that CRNO has the potential to reach as high as $8 in no time. CRNO tokens were launched in the market at 17:00 UTC on October 6.
Chronoly.io is a digital marketplace that allows retail investors to make a fractional investment in luxury watches. Chronoly.io procures luxury watches from high-end brands like Rolex and mints fractional NFTs, which represent partial ownership of the timepieces.
These NFTs allow people to make investments for as low as $10. All NFTs are backed by physical watches that Chronoly procures and stores in secured vaults before minting. Thus, CRNO’s price is interlinked with the ever-increasing value of luxury watches. Chronoly investors can also stake their CRNO tokens in the project’s lending pool to generate extra income of up to 18.6% per annum. Discount on transaction fees on Chronoly is another benefit that CRNO holders enjoy. Chronoly has also announced drawing a lottery every month, where the winner will get a Rolex watch.
Since its inception in May 2022, Chronoly (CRNO) has been writing new chapters of success. The public launch of CRNO on the UniSwap exchange is expected to give more than a 5000% return to Chronoly investors in the next few months.
For more information about Chronoly.io
Website: https://chronoly.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio
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