Place/Date: - September 2nd, 2022 at 2:10 pm UTC · 3 min read
Most investors regard market crashes and corrections as just a part of the natural order of things, much like weather cycles. What goes up must, sooner or later but inevitably, come down. While the crypto market crash this year has brought disaster to many, others can and will take it in their stride. There are many investors who say that such crashes are a good thing because they shake all the overhyped assets out of the market. The market will rise again and in no small part because savvy investors are always on the lookout for the next rising stars. That’s why Zcash (ZEC) and Cosmos (COS) investors are climbing onto the Chronoly.io (CRNO) ship.
Zcash Network (ZEC) is a blockchain-based platform that guarantees users’ anonymity and privacy. The network offers a blockchain which provides users with anonymity. Zcash (ZEC) uses zero-knowledge proof technology to verify transactions without revealing sensitive data.
Without any apparent reason, investors have been skeptical about Zcash for some time; the price began to fall even before the big market crash in May/ The Zcash network (ZEC) hit its all-time high of $5941.80 6 years ago, leaving investors skeptical of its ability to rally to those levels again and the latest market downturn appeared to have confirmed those doubts.
As a central hub for numerous independent blockchain networks, Cosmos bills itself as “the Internet of Blockchains.” So, it’s a “Layer 0” network, like Polkadot, rather than a “Layer 1” network, like Ethereum or Solana, which serve as basic chains on which applications may be built. When compared to other similar projects, Cosmos stands out because it uses a shared security approach to facilitate the creation of additional blockchains and their interaction inside a single ecosystem.
Cosmos peaked in January 2022 but has since fallen back significantly. Despite a rally this last week, end of August, it seems to be struggling to capture the hearts of investors for the long term. Justified or not, they seem to prefer Ethereum and Solana over the Cosmos offering, at least for now.
Chronoly.io (CRNO) is different. Yes, all new tokens claim to be different but, really, there is nothing else like Chronoly.io (CRNO) out there. This crypto-token model is making it possible for anyone to invest in rare and exclusive watches from world-famous marques such as Rolex, Patek Philippe, Richard Mille, Audemars Piguet. Each watch is turned into an NFT and that NFT is backed by the physical version of the watch, which is stored in a secure vault. The watch NFT is then broken down into fractions that can be acquired for just $10 each.
They began with a pre-sale which launched in early May and is still ongoing. In that time the price of the token has risen 560% from $0.01 to $0.066. By the time the pre-sale stage ends on 27th September, that price, according to many expert market watchers, could have risen as high as $1.00. Chronoly.io (CRNO) is one no investor should miss.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.