Huobi Token (HT), Bitcoin Cash (BCH) Post Mixed Results; Chronoly.io (CRNO) Progresses For 5000% Growth
One of the prime criteria on which investors select crypto projects for investment is the growth sustainability of tokens. Drastic and frequent fluctuations in the prices of cryptocurrencies deter investors. Therefore, cryptocurrencies with a stable and positive growth rate are preferred by investors. Huobi Token (HT), Bitcoin Cash (BCH), and Chronoly.io (CRNO) are the focus of this article. While Huobi Token (HT) and Bitcoin Cash (BCH) are trying to find momentum, Chronoly.io (CRNO) has accelerated its growth, with over 220m tokens being sold during the pre-sale phase.
Huobi Token (HT) Has Yet To Cover Its Loses
Following the current market trend, Huobi Token (HT) has now posted positive scores on the card. However, Huobi Token (HT) has undertaken a bumpy ride on the growth chart, with several troughs and crests. Huobi Token (HT) is currently being traded at $4.53, which is above its monthly low of $4.41. But it has suffered a loss of 1.65% in its value in the past week. This continuous up and down has minimized the overall gain of Huobi Token (HT).
Huobi is one of the world’s largest crypto exchanges by trading volume. Huobi Token (HT) has been launched as an alternative to Binance in the Asian crypto market. Huobi Token (HT) is an Ethereum-based decentralized exchange. The Huobi exchange offers exclusive benefits to Huobi Token (HT) holders including discounted transaction fees. However, a person can use the exchange without holding a Huobi Token (HT) as well.
Bitcoin Cash (BCH) Betters Performance But Still Not in Positive Zone
Since the price of Bitcoin Cash (BCH) is largely affected by the market performance of Bitcoin (BTC), BCH has posted a mix of ups and downs. Although the rate at which Bitcoin Cash (BCH) was falling on the monthly chart has come down, the token is yet to post a positive growth rate on a monthly basis.
Notably, during the months of July and August, Bitcoin Cash (BCH) recorded a fall of about 75%-80% month-over-month. This rate has come down to 10% in the month of September. Therefore, Bitcoin Cash (BCH) has been able to recover some losses. However, it is still 97.24% below its all-time high of $4,355.62. The current price of Bitcoin Cash (BCH) is $120.095. Bitcoin (BTC) and Bitcoin Cash (BCH) are related but not the same networks.
Chronoly.io (CRNO) Investors Brace Up For Further Growth March After Pre-sale Success
In the four months of its pre-sale, Chronoly.io (CRNO) has garnered much fanfare due to its unique business roadmap and value proposition. Chronoly.io’s (CRNO) pre-sale has achieved tremendous success. The price of Chronoly.io (CRNO) has increased by 690% in just four months since its launch in May 2022.
Chronoly.io (CRNO) is the world’s only blockchain-based watch marketplace that allows people to make fractional investments in luxury timepieces. Chronoly.io (CRNO) purchases rare collectable watches from multinational brands, such as Rolex and Philip Patek, and mint NFTs against them. People can purchase these fractional NFTs for as low as $10.
Notably, all the Chronoly.io (CRNO) NFTs are backed by real-world assets, i.e. physical versions of luxury watches. This unique backing offers Chronoly.io (CRNO) protection against any market crash. The platform also has a protocol that allows its users to verify the authenticity of the NFTs and watches.
Chronoly.io (CRNO) holders are also eligible for other benefits like discounts on transaction fees and participation in a monthly lucky draw to win a physical luxury timepiece every month. Chronoly.io (CRNO) holders can stake their tokens in the lending pool to generate some extra income.
Chronoly.io’s (CRNO) price has spiraled to $0.079 from $0.01 and is expected to reach $1.00 in the next few months. Market analysts predict that Chronoly.io’s (CRNO) can rise by 2,500%-5,000% soon.
For more information about Chronoly.io Pre-sale
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
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Symbol (XYM) Goes Down; Cryptos With Tangible Use Cases – Chiliz (CHZ) and Chronoly.io (CRNO)
A trend that has become quite evident in recent times is that crypto projects with real-world utility perform much better in the market, as compared to others. Investors are also searching for projects that have real-world utility as they emerge as safer and more stable cryptocurrencies. Three cryptocurrencies – Symbol (XYM), Chiliz (CHZ), and Chronoly.io (CRNO) – are examples of this market trend. While Symbol (XYM), which does not have any real-world use case, has fallen sharply, Chiliz (CHZ) and Chronoly.io (CRNO), tokens that have real-world use cases, have shown growth.
Chronoly.io (CRNO), in particular, has shown exemplary performance. Its golden pre-sale phase has culminated on a high note. The pre-sale success, which is now nearly sold out, has caused Chronoly.io (CRNO) to grow by 560% and become one of the biggest highlights of the crypto market.
Symbol (XYM) Struggles to Retain Its User Base
Like many other cryptocurrencies, Symbol (XYM) has also borne the brunt of the market crash. Its value has nosedived over 94% from its all-time high of $0.77. Symbol’s biggest challenge is the lack of uniqueness in the project. The services offered by Symbol (XYM) are being provided by several other projects, making it difficult for Symbol to retain its user base. Besides, Symbol (XYM) does not have any real-world utility, causing shrinkage of its use cases.
Symbol (XYM) is based on blockchain technology and aims to make financial transactions faster and secure. Symbol (XYM) has introduced several new features on its platform to take an edge over other cryptocurrencies that offer the same services. Symbol’s XYM token can be used to pay for transactions andis stored on any device that supports Bitcoin wallets.
Chiliz (CHZ) Gets Necessary Push
The prices of fan-token Chiliz (CHZ) have risen in the past few weeks, with its current price being around $0.23. Although it is around 74% below its all-time high of $0.89, Chiliz (CHZ) has posted a growth of around 22% in the last week, an indication of growth momentum. This upward trend is a positive sign for Chiliz (CHZ), which nosedived during the first half of the year following the market crash.
CHZ is a native platform token of the Chiliz network. Chiliz (CHZ) allows sports fans to have a real-world engagement with their favorite teams. Chiliz enables CHZ holders to have a say in their favorite teams’ decision-making processes including uniform designs, stadium names, and celebration songs, among others.
Chronoly.io (CRNO) Rules Pre-Sale Market; All Tokens Sold Out
Chronoly.io (CRNO) enables people to make fractional investments in NFTs of luxury watches. Chronoly.io (CRNO) procures physical luxury watches and mint NFTs against them. Thus, the value of Chronoly.io’s (CRNO) is backed by physical luxury watches, a novel approach in the crypto market. This also provides stability and profitability to Chronoly.io’s (CRNO) token.
Since the value of Chronoly.io’s (CRNO) is backed by real–world assets, i.e. luxury watches, investors feel confident that their money is in a stable and profitable crypto.
On Chronoly.io (CRNO), a person can purchase any amount of luxury watches’ NFTs, starting from $10 to the whole market price of the watch. If a user holds 100% NFT, they can burn it to redeem the physical version of the luxury watch.
Chronoly.io (CRNO) users can also stake their CRNO tokens to earn extra. The platform plans to launch a lending protocol as well as a monthly lucky draw for CRNO holders. The winners of the lucky draw would get a physical version of the luxury watch at no cost.
These beneficial characteristics have helped Chronoly.io (CRNO) garner huge support and acceptance in the crypto community. Several investors have left other projects and joined Chronoly.io (CRNO) for a stable and secure investment. Therefore, 218 million Chronoly.io (CRNO) tokens were sold out during the pre-sale phase, and the value of CRNO has skyrocketed by 560%. Its current price is $0.066 and can grow by 2,500%-5,000% more in the coming months.
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 press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Chronoly.io (CRNO) Presale Sells Out, Could it Be The Next Bitcoin Cash (BCH) or Wrapped BTC (WBTC)?
It’s never too late to jump into the crypto bandwagon, even though the market has been on a downtrend lately. Crypto prices can fall and rise within seconds depending on a number of factors, including news events, Federal Reserve actions, and investors’ sentiment. However, despite their volatility, investing in cryptocurrencies presents an opportunity for you to earn good returns on your investments.
As cryptocurrencies continue to gain wider acceptance, experts believe that crypto projects will become more stable over time. Considering the present-day bear market, investors are looking for a reliable option to include in their portfolios. Bitcoin Cash (BCH) and Wrapped BTC (WBTC) looked promising but have seen massive price plunge in recent weeks. On the other hand, Chronoly.io (CRNO) presale sold out, attracting over 690% growth rate despite the bear market. Chronoly.io (CRNO) has given investors hope.
Let’s see how these tokens fare on the crypto market and the journey so far.
Chronoly.io (CRNO) Spikes in the Recently Concluded Pre-Sale
The uniqueness of Chronoly.io (CRNO) and the potential to overtake Bitcoin Cash (BCH) and Wrapped BTC (WBTC) has been lauded by the crypto community. Chronoly.io (CRNO) enjoyed early success and created major milestones within the short period it was launched, and is poised to continue this trajectory in the coming weeks. Chronoly.io (CRNO) is a marketplace built on the Ethereum blockchain that allows investors, traders, or crypto enthusiasts to buy, sell, and invest in fractions of rare and collectible watches from renowned brands such as Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet by issuing asset backed NFTs. Each watch sold on the platform is fragmented and connected to the real world, allowing you to physically feel your assets.
Chronoly.io (CRNO) has a unique feature of allowing investors to digitally verify the authenticity of pre-owned luxury watches using Chronoly.io’s (CRNO) decentralized ledger on the Ethereum blockchain. It has a native token, CRNO, which serves as the marketplace’s currency. Chronoly.io (CRNO) holders enjoy a wide range of benefits, including receiving discounts and participating in reward pools. Experts believe that Chronoly.io (CRNO) will continue to attract big-time investors, which will positively affect its price point.
Bitcoin Cash (BCH) Targets Institutional Investors Amid a Bear Market
Bitcoin Cash (BCH) stormed the crypto market with lots of exciting potential, but for the global crypto crashes, the token nosedived alongside major projects like Bitcoin (BTC) and Ethereum (ETH).
On August 1, 2017, Bitcoin Cash (BCH) traded at around $240 but later rose to its all-time high of $4,4355.62 on December 20, 2017, with an ROI of 1714.84%. The coin eventually fell to an all-time low of $75.08 on December 15, 2018 during the bear market. However, within 4 months of its existence, Chronoly.io (CRNO) has been able to sustain a 560% growth rate amid the market crashes, suggesting that Chronoly.io (CRNO) might possibly match the performance of Bitcoin Cash (BCH).
Bitcoin Cash (BCH) is a cryptocurrency that shares many similarities with Bitcoin (BTC) and also has a number of features that make it unique. Bitcoin Cash (BCH) is considered a “fork” of the original Bitcoin. It is open to anyone; meaning, nobody controls or owns Bitcoin Cash (BCH). You also do not need to seek any permission to leverage the token. As of the time of writing this post, Bitcoin Cash (BCH) trades for $119.13 USD with a 24-hour trading volume of $226,410,193 USD.
Wrapped BTC (WBTC) Edges Towards Positive Growth
Chronoly.io (CRNO) could be the next Wrapped BTC (WBTC) if the team can sustain the current growth trajectory.
According to CoinMarketCap, Wrapped BTC (WBTC) traded for $3,330 as of February 6, 2019 (its all-time low) but later experienced an all-time high $162,188.26 on November 16, 2021. That gave the investors of the coin an ROI of about 4,770%. On the other hand, Chronoly.io’s (CRNO) recent performance during the just concluded pre-sale shows that the latter could just be the next Wrapped BTC (WBTC). But how far it is able to achieve this laudable feat, only time shall tell.
At its core, Wrapped BTC (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. One of the significant advantages of Wrapped BTC (WBTC) over other similar tokens is its integration into the world of Ethereum wallets, smart contracts, and Dapps. One Bitcoin (BTC) can be easily converted to one Wrapped BTC (WBTC) and vice-versa through a WBTC partnership.
The Wrapped BTC (WBTC) team developed the token to enable Bitcoin holders to participate and benefit from decentralized finance apps on Ethereum. Wrapped BTC (WBTC) is verified through a proof of reserve system and is maintained by a group of 30 experts. known as the WBTC DAO. The group was originally started by Kyber, Ren, and ButGo.
At press time, Wrapped BTC (WBTC) trades for $18,811.20 USD with a 24-hour trading volume of $266,883,488 USD.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.