Place/Date: - September 15th, 2022 at 6:31 pm UTC · 4 min read
The popularity of making an investment in cryptocurrencies has risen significantly in the last few years. The crypto market, which was earlier deemed as an arena of sophisticated geeks, has now become a trillion-dollar sector accommodating all kinds of players – big, small, seasoned, or newbies.
However, investors generally want to invest in promising projects. Therefore, they continuously look out for projects that assure good returns. Internet Computer (ICP), Bitcoin Cash (BCH), and Chronoly.io (CRNO) are three cryptocurrencies that are pegged as the best investment options for the month of September.
Internet Computer (ICP) is again the focus of crypto investors as it has continuously posted positive growth figures for the last few weeks. In the last 7 days, the price of Internet Computer (ICP) has increased by 9.75%. Previously Internet Computer (ICP) had recorded a weekly increase of 4.71%. Currently, Internet Computer (ICP) is trading at $7.10, whereas its price was $6.47 last week. The rise in ICP’s price can be credited to an increase in the trade volume on the Internet Computer (ICP) network.
Internet Computer (ICP) is a decentralized platform allowing independent data centers to join and create an alternative to the current cloud services that are dominated by centralized firms like Amazon and Google. Internet Computer (ICP) was launched in May 2021, and ICP is the native and governance token for the network.
Since Bitcoin Cash (BCH) is forked from Bitcoin (BTC), the price of BCH is largely dependent on the performance of BTC. Therefore, the price of Bitcoin Cash (BCH) has been rising for the last few weeks, as the value of Bitcoin (BTC) has grown significantly. However, one must understand that Bitcoin and Bitcoin Cash are two different networks. Currently, Bitcoin Cash (BCH) is being traded at $132.70, a 13.04% surge from the last week’s price of $117. Given the continuous increase in BCH’s price and soaring trade volume on the platform, Bitcoin Cash has become a topic of discussion among investors.
Established as an alternative to Bitcoin (BTC), Bitcoin Cash (BCH) aims to provide faster payments, micro fees, privacy, and high transaction capacity. It was launched as an improvement over its predecessor, Bitcoin, for cheap and everyday payments.
Dominating the market with its pre-sale success, Chronoly.io’s CRNO token has seen a price appreciation of 690%. All CRNO tokens were sold out during the pre-sale phase, and the price jumped from $0.01 to $0.79.
Chronoly.io (CRNO) is a one-of-a-kind digital marketplace allowing users to invest fractionally in luxury watches from high-end brands, including Rolex and Patek Philippe, among others. Chronoly.io’s (CRNO) business approach is to procure luxury watches from multinational brands and mint fractional NFTs. Users can invest in luxury watches through these NFTs for as low as $10.
Since Chronoly.io’s (CRNO) NFTs are backed by real-world physical watches, the price of CRNO is unaffected by any market downfall. Moreover, luxury watches have always seen an appreciation in value; hence, CRNO’s price is pegged for continuous growth. Chronoly.io’s (CRNO) whitepaper asserts that the watch market can rapidly record a $49 billion profit in the coming years.
Chronoly.io (CRNO) has been attracting investors across the globe since its launch in May 2022. It also plans to allow CRNO holders to stake their tokens in the platform’s lending pool to earn additional passive income. Strategic association with several developers to create a Chronoly.io (CRNO) metaverse is also in the pipeline. Due to these features, experts forecast that CRNO can grow by 2,500%-5,000% in the coming months.
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