Theta Network (THETA), Polygon (MATIC) Still Troubled, Chronoly (CRNO) Set for a Grand Exchange Launch

Place/Date: - October 6th, 2022 at 4:00 pm UTC · 3 min read
Source: Chronoly

Theta Network (THETA), Polygon (MATIC) Still Troubled, Chronoly (CRNO) Set for a Grand Exchange Launch
Photo: Chronoly

It has been quite a tumultuous year for crypto projects like Theta Network (THETA) and Polygon (MATIC). Both projects have witnessed a sharp and continuous decline in value. Even the recent market rebound has not been able to reignite the growth engine of Theta Network (THETA) and Polygon (MATIC). On the other hand, Chronoly (CRNO) has cruised on the growth chart. During its pre-sale phase, its price increased by 690%. Now, Chronoly has announced the launch of CRNO tokens on the UniSwap exchange. CRNO will be launched on the exchange at a price of $0.79.

Theta Network (THETA) Losing Its Form

Theta Network (THETA) has not been in a good form for the last few weeks. After touching the month high of $1.22, the token has fallen to the current trading price of $1.07. Overall, the price of Theta Network (THETA) has dropped by 6.60% on the monthly chart. Last week, Theta Network (THETA) fell by 5.39%, making investors tensed about the project’s future.

Theta (THETA) is a blockchain platform aimed at decentralizing video streaming. The primary goal of Theta Network (THETA) is to provide a better and non-expensive experience to the users of the video streaming industry.

Polygon (MATIC) Gets No Respite from Bears

The trying times for Polygon (MATIC) seem far from over. The project has been struggling to maintain positive growth. Although Polygon (MATIC) registered an increase of 0.13% in the last seven days, it has lost about 7% of its value in the previous month. Currently, Polygon (MATIC) is being traded at $0.77.

Polygon (MATIC) is a layer 2 scaling solution, or “sidechain.” Polygon (MATIC) aims to provide users with faster transactions at lower costs. MATIC is the native token of Polygon’s ecosystem.

Chronoly Electrifies Market with Pre-sale Performance

Chronoly entered the crypto arena when all the cryptocurrencies were reeling badly, and bears dominated the market. But Chronoly (CRNO) overcame all the challenges with flying colors. It became a headline just a few months after its launch as the market share increased significantly. All CRNO tokens of Chronoly were sold out before the last date of the pre-sale phase. Now, the blockchain-based marketplace, Chronoly, is set to be listed on the UniSwap exchange at 17:00 UTC on October 6. Chronoly (CRNO) ended its pre-sale phase with a growth rate of 690%, and CRNO will be launched on the exchange at $0.079. The pre-sale of Chronoly’s CRNO started at just $0.01.

Chronoly is the only platform in the crypto world that allows people to invest fractionally in luxury watches. Chronoly mints NFTs of luxury timepieces that users can purchase and trade. On Chronoly, people can invest in these NFTs for as low as $10.

Chronoly’s users can also stake their CRNO tokens in the lending pool of the platform from October 6 to yield extra income. CRNO holders can earn up to 18.6% annually. Chronoly (CRNO) has also announced a monthly watch lottery, where the winner will get a Rolex. Above all, entry to the lottery is free of cost.

The project’s business plan provides physical asset backing to Chronoly, protecting CRNO from any market downtrend. Tokens backed by real-world assets are always considered better projects for investments. Therefore, Chronoly (CRNO) has been able to attract scores of investors. The whitepaper of states that the watch market can register a profit of $49 billion in the coming times. Besides, experts predict that the price of Chronoly’s CRNO can get to $3 soon after its launch on UniSwap. Market experts also believe that CRNO will go as high as $8 soon.

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