Place/Date: - June 3rd, 2022 at 10:14 am UTC · 3 min read
What are the cryptocurrencies that have the potential to survive the dip that hits the crypto market in 2022? Approximately 10,000 coins are circulating on the internet. Due to the epic range, it is tough to find the real ones and invest in them. The Ponzi schemes have looted many investors, and they are terrified of investing in real-utility coins. Our team of experts has picked three cryptocurrencies that are reliable at this moment and that will surely bring some gains despite the crisis. The coins that will make you grow further are Fantom (FTM), Decentraland (MANA and Chronoly (CRNO).
After a strong 2,000 % rally in early 2021, Fantom’s (FTM) price collapsed with multiple altcoins. Despite the blockchain’s impressive capabilities, it has failed to achieve mass adoption owing to a lack of a compelling business case. The price of FTM reached an all-time high of $3.46 before plummeting to pre-bull market lows of $0.25 after the failure of the Solidly DeFi project and the resignation of developer Andre Cronje. Cointelegraph Markets Pro and TradingView data showed that FTM rose 119.23% to $0.52 on May 23 after falling to $0.23.
The launch of the first native stable coin on the Fantom network, new protocol upgrades and partnership announcements that bring new functionality to the network, and speculation that Andre Cronje is working with decentralized finance (DeFi) protocols on Fantom (FTM). These are three reasons for the uptrend in the FTM price and why investors can be optimistic.
Chronoly (CRNO) is a real utility project that does not seek to accumulate investor capital. It is backed by real brand watches that cost millions of dollars. As a part of the project, you can fractionally invest in a watch and can trade in the marketplace under certain conditions. Chronoly (CRNO) intends to resolve any problems. First, it makes it possible to invest in utility products through a blockchain network. They have their own marketplace and have decided to align with Metaverse. The investors or holders can choose to use it on their avatar on Web 3.0.
The CRNO is the native coin that is in the presale stage. The first presale has already passed, where more than 75 million CRNO tokens have been sold. Many crypto traders are positive about the project’s unique usage of real-world assets and NFTs and may easily achieve its price objective of $0.50 by July 27, 2022. On May 5, 2022, the initial auction sold almost 10 million tokens in the first minutes. If you are looking for a 5000% gain, you can invest in this project. Currently, one CRNO is being sold at a fixed price of $0.033 – having grown over 200% since the first presale price of $0.01.
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