Place/Date: - July 12th, 2022 at 2:31 pm UTC · 4 min read
There’s a well-known song called ‘The Gambler’ by American country artist Kenny Rogers, the chorus of which goes: “You’ve got to know when to hold ’em. Know when to fold ’em. Know when to walk away. And know when to run”. He’s referring to card games and poker most probably, but the sentiment is equally applicable to investing whether it’s stocks or crypto. You should hold when you think that the value will increase and fold (or “sell”) when you think the price is going to drop. Here are three coins we think you should hold, Tron (TRX), Polygon (MATIC) and Chronoly.io which is up 660% in the last 30 days during its presale.
Despite the current market crisis, the TRON chain and its native token TRX have managed to outperform the other main cryptocurrencies. Because of TRON’s stablecoin strong performance, the entire value of the Tron network has risen sharply (TVL).
To make up for Terra USD demise, USDD has achieved a significant milestone. During the first month after its inception, the stablecoin’s total supply has surpassed 601 million units. The rise in TRON’s market value has undoubtedly contributed to the chain’s success. In the last seven days, TRON’s TVL has increased by more than 13 percent.
In order for Polygon Matic to continue rising, the Federal Reserve must maintain its hawkish stance, which is one of the main causes for Polygon Matic’s recent decline. To stabilize the price, Polygon Matic must first deal with the selling pressure.
Increasing the Polygon Matic price will be made possible in part by the multiple developments being worked on by the Polygon Matic team, including the expansion of the ecosystem. The bubbling NFT products are one of several upcoming developments of Polygon Studios. Cryptocurrency analysts believe Polygon Matic will rise in value this year because of these characteristics. Polygon (MATIC) is currently a hold, despite its recent poor performance in the market.
Many investors are interested in Chronoly.io utility token CRNO because of its impressive pre-sale performance. The worldwide watch market has grown to more than $64 billion, but it has failed to keep up with innovation and give investment options to everyday investors.
Showing early pre-sale success, Chronoly (CRNO) is an Ethereum blockchain-based marketplace revolutionizing the primary and secondary watch market. It allows anyone to buy, sell and invest in select rare and collectible watches from well-known brands such as Rolex, Patek Philippe, Richard Mille and Audemars Piguet by issuing asset-backed NFTs. Chronoly is the first luxury NFT project that allows people to invest in NFTs that are backed by luxury watches.
Investing in timepieces can start from as little as $10 with Chronoly (CRNO). The asset-backed NFTs are broken into fractions allowing investors to invest in small amounts. The NFT Chronoly is an investment opportunity that provides the security and safety of brick-and-mortar stores with no drawbacks.
If Chronoly (CRNO) succeeds in meeting its various projections, it will be one of the most stable coins. Developers, for example, have outlined plans to:
The Chronoly (CRNO) tokens are presently trading at $0.066 in the second round of their presale. After the official release, experts expect the price to jump at least 5,000% So this is a definite hold or a ‘buy’ if you’re not already holding. Owning the real-world utility token will give investors many benefits, such as automatically entering into a free monthly watch lottery or discounts on the Chronoly marketplace.