Place/Date: - August 10th, 2022 at 7:45 am UTC · 3 min read
While major cryptocurrencies are suffering the wrath of the ongoing bear market, bullish coins like Chronoly.io (CRNO) and ApeCoin (APE) are thriving and gaining investor attention.
Chronoly.io and ApeCoin (APE) have had some major developments in 2022.
Despite facing one of the worst bearish markets in history, Chronoly.io has depicted an exponential growth potential. Securing 560% gains in its presale stage, Chronoly.io (CRNO) tpken outperformed Bitcoin (BTC) and Ethereum (ETH) during the bear market. Crypto experts are predicting that CRNO price could rise by 2,500%-5,000% before the presale ends, based on its increasing demand
When ApeCoin entered the market in March 2022, it was one of the best-performing cryptocurrencies creating new and innovative protocols and applications for the metaverse.
ApeCoin brought more than 1,000% gains for early investors that believed in the token in March. ApeCoin is now accepted by Gucci for in-store purchases of their products in select boutiques in the US. APE, the native token of the Bored Ape Yacht Club (BAYC) blockchain ecosystem, has a- bullish price prediction in the long term, with a possibility of surpassing its all-time-high (ATH) at about $39.40.
Chronoly.io has the potential of soaring in value due to its bullish nature. Being the world’s first decentralized watch NFT marketplace, and built on top of the Ethereum blockchain, Chronoly allows users to invest in a watch NFT, backed by real-world luxury timepieces from high-end brands like Rolex and Richard Mille, amongst many others. Buyers can invest in a fraction of the watch NFT for a price as low as $10. They can even buy the entire NFT and redeem the physical watch stored in one of Chronoly’s depository vaults.
Chronoly aims to solve the counterfeit issue often encountered in the luxury watch domain, as well as expand the barriers to enter into this space. All the watches held in Chronoly.io vaults are vetted by an experienced team of experts, ensuring users of their authenticity.
CRNO, the project’s native token, gives members access to exclusive NFT drops, special networking events, rewards and giveaways, whilst enabling users to generate passive income.
Currently in its third presale stage, CRNO is priced at $0.066, increased from $0.01 in its first presale stage. Future plans for Chronoly.io include launching CRNO on top 10 centralised exchanges, and creating an NFT marketplace during the ongoing phase. In the next phase, Chronoly aims to launch ‘Chronoverse’ as a rival to the Materverse where users can showcase their watch collection.
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