Place/Date: - May 24th, 2022 at 1:38 pm UTC · 3 min read
Chronoly (CRNO) is one of the emerging coins in the modern-day cryptocurrency trading world. But is it good in comparison to other coins? Today, various coins and projects have been taking the initiative, and it is confusing for investors to get the right project for long-term investment goals. FLOW (FLOW) and UNISWAP (UNI) are few of the coins that have gained epic growth before the 2022 dip. So, let’s check out whether Chronoly (CRNO) is a better investment than Flow (FLOW) and UniSwap (UNI) and if yes, what are the reasons why.
Flow (FLOW) offers many benefits and features ideal for hosting NFT gaming Dapps. The protocol enables developers to create new user experiences by leveraging network features. Notably, Flow token was designed with composability in mind. Composability means the developers building on top of shared resources such as existing user database, security, and running code. Most experts agree that the current bear market will endure until the end of the second quarter of 2022, when we will see some stability and minor trend reversals. Captain Altcoin’s prediction model considers market sentiment and responds accordingly.
UniSwap (UNI) is the crypto token that powers UniSwap’s decentralised exchange (DEX) for trading cryptocurrencies built on the Ethereum (ETH) blockchain. UniSwap (UNI) has snowballed in popularity, with over 94 million trades completed since Hayden Adams launched the V1 protocol in November 2018. Every month, more than $70 billion in crypto is traded on UniSwap).
Some industry experts are predicting a price target of $12.86 for 2022 with the (UNI) token expecting to retest the $37.43 mark before the end of 2023, representing a 670% increase from today’s current price.
The Choronoly token $CRNO is a utility token that powers Chronoly’s ecosystem and has gained the interest of many investors as it has enjoyed an excellent start to its presale. Chronoly.io is the world’s first decentralised marketplace for NFTs that are backed by luxury watches. Each NFT that is minted is backed by a real version of the watch, like a Rolex. The NFT is then broken down into smaller fractions making it easier for smaller investors to own part of a rare luxury timepiece. Users who hold 100% of the watch fractions can redeem the physical watch out of the Chronoly vault at any time or borrow against their watch fractions through Chronoly’s lending protocol.
The $64bn watch market has struggled to keep up with innovation and Chronoly look perfectly placed to disrupt this space with its innovative platform and ecosystem. According to the development team, in phase 4 of the company’s roadmap they will release the Chronoly oracle which will enable anyone to check a watches authenticity on the blockchain and will integrate with metaverse and other third party web3 games.
The Chronoly (CRNO) tokens are in the first phase of their presale and the CRNO tokens are up 100% and trading at a current price of $0.02. Many crypto traders are optimistic about the project’s unique utility of real-world assets and NFTs and may easily surpass its price objective of $0.50 by the 27th of July 2022.