Three projects that the investors have been talking about lately are – Solana (SOL), Stacks (STX), and Chronoly (CRNO). However, these cryptocurrencies are being talked about for different reasons. While investors are questioning the growth prospects of Solana (SOL) and Stacks (STX), they are pumped up with the pre-sale success of Chronoly (CRNO) and eagerly waiting for CRNO’s launch on a crypto exchange. After ending its pre-sale phase with a 690% growth, Chronoly has announced that it will launch CRNO tokens on the UniSwap exchange on October 6.
Chronoly Builds Solid Foundation For CRNO’s Launch on Exchange
Since its launch in May 2022, Chronoly.io (CRNO) has been running on a golden path that every crypto project aspires to. In just four months of its pre-sale phase, Chronoly’s CRNO tokens were sold out, and the project’s value has grown by 690%. It was in this context that the launch of Chronoly’s CRNO on a crypto exchange was much awaited, and the wait is now over. Chronoly has announced that its CRNO tokens will be launched on October 6 on the UniSwap exchange.
Chronoly (CRNO) has posted some impressive figures, which are expected to go higher. Chronoly will launch CRNO tokens on the exchange at $0.079. On the basis of Chronoly’s business roadmap and value proposition, experts have predicted that the price of Chronoly’s CRNO token will grow to $3.0 after its launch on UniSwap. Additionally, they say that CRNO has the potential to climb to the price tag of $8.0.
Chronoly.io (CRNO) is a blockchain-based marketplace related to the luxury watch market. The platform enables people to make a fractional investment in the NFTs of luxury watches from high-end brands. Chronoly.io mints tradable NFTs of luxury timepieces and lets people purchase these NFTs for as low as $10. Chronoly (CRNO) mints these NFTs after procuring physical watches. It grants the price of CRNO a backing of physical luxury watches. Hence, the price of CRNO, which is backed by physical collectable timepieces, is pegged to grow continuously.
Chronoly’s CRNO holders also get a chance to yield a passive income of up to 18.6% annually by staking their tokens in the platform’s lending pool. CRNO holders also get to participate in Chronoly’s monthly lucky draw to win a Rolex watch. Participation in the lucky draw will be free of cost.
Chronoly.io’s pre-sale success and future growth prospects have made several investors join the project. CRNO tokens will be launched at 17:00 UTC on October 6.
Solana (SOL) Market Standing Worsened
For the last several weeks, Solana (SOL) has come into the news mostly for not-so-good reasons. The price of Solana (SOL) has been falling continuously; this week, too, it fell. The price of Solana (SOL) has dropped by 4.61% in the past seven days. Currently, Solana (SOL) is being traded at $33.02.
Solana is a blockchain network and is considered one of the biggest competitors to Ethereum and OpenSea. It utilizes smart contract functionality. The primary goal of Solana (SOL) is to become a crypto-computing platform that offers high transaction speeds.
Stacks (STX) Journey Still Strained
Another week but the same old story for Stacks (STX). The price of Stacks (STX) has dropped around 4% this week, similar to the past several weeks. The current price of Stacks (STX) is $0.32, while its average price was $0.36 last month. The price of Stacks (STX) is more than 91% below its all-time high of $3.61. Such negative performances have made Stacks (STX) less attractive among investors.
The Stacks network (STX) mainly enables NFTs, dApps, DeFi, and smart contracts for Bitcoin (BTC). Stacks (STX) users can also lock their tokens to receive BTC.
For more information about Chronoly.io
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