August 24th, 2022 at 2:49 pm UTC · 4 min read
In a significant relief to crypto enthusiasts across the world, some cryptocurrencies have turned their face towards the green zone with its prices moving in a positive direction. Some of the leading tokens have started to find their ground, owing to the signs of revival in the overall market sentiment. Crypto projects like Zcash network (ZEC) and Flow (FLOW) suffered severely during the recent market crash that shrunk their value drastically. However, with the market now heading towards the green, these cryptocurrencies have also seen an increase in their standings.
Nonetheless, the new crypto project, Chronoly.io (CRNO), has defied the forces of market bears tremendously. At the time of the crypto market crash, the value of Chronoly’s CRNO token increased by 560% during its pre-sale, astounding and attracting investors across the globe. Its unique business roadmap with tangible use cases and backing from real-world physical assets has garnered huge acceptance and popularity for the project, which is expected to become a great market force like Bitcoin and Ethereum in the near future.
The Zcash network (ZEC) has witnessed an increase of 12.94% in its value last week. This is largely due to the gradual improvement in the overall crypto market, with bulls braving the bearish storm. However, the network needs to remain in the green zone for long to return to its old standing. Currently, Zcash (ZEC) is being traded at $65.71, which is 98.70% below its all-time high of $5941.80.
Zcash (ZEC) is a blockchain-based decentralised network that claims to be truly focussed on the anonymity and privacy of its users and transactions. Zcash (ZEC) uses zero-knowledge proof technology, allowing nodes on the network to verify transactions without revealing any sensitive information about them.
Information related to transactions on the Zcash network (ZEC) is not revealed to anyone, keeping the anonymity of users intact. However, the data can be shared for regulatory compliance.
Flow (FLOW) has bounced back in the last week, registering a growth of 5.83%. The rebound has intrigued crypto investors about whether Flow (FLOW) would be able to move towards its all-time high of $46.16 again. Currently, the price of FLOW is $2.13 per token.
Flow, with its native token FLOW, is a developer-friendly blockchain that offers faster speed and more efficiency. It is designed as the foundation for a new generation of games, apps, and digital assets. According to proponents of Flow, the project provides the mainstream applications with the required performance without compromising decentralisation.
The platform aims to assist application developers worldwide at lower costs. Flow (FLOW) allows developers to build crypto-enabled businesses by providing them with the flexibility to create digital assets and trade them in any open market.
Aimed at disrupting the luxury watch market, Chronoly.io (CRNO) is a digital marketplace, which came up with a uniquely stable and profitable business roadmap. Chronoly.io (CRNO) is the world’s first blockchain-based digital marketplace that deals with the buying and selling of the NFTs minted against rare luxury watches.
Chronoly.io (CRNO) allows people to own a part of the luxury watches by making fractional investments in the NFTs of rare timepieces. On the Chronoly.io platform, a person can buy the NFTs of luxury watches, starting from $10. However, the more NFTs a person buys, the more ownership they gain over a particular watch.
Above all, the NFTs minted by Chronoly.io are backed by physically stored luxury watches, and Chronoly.io (CRNO) is directly connected to the values of the luxury watches from high-end multinational brands like Rolex and others. It needs to be underlined here that the value of luxury watches has always increased, irrespective of the market scenario.
Chronoly.io (CRNO) has become a huge hit in the crypto market, with its price jumping from $0.01 to $0.066 in just a few weeks of its pre-sale. Chronoly.io (CRNO) is further expected to rise by 2,500%-5,000% soon.
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