Chronoly.io (CRNO) Presale Sells Out, Could It Be the Next Bitcoin Cash (BCH) or Wrapped BTC (WBTC)?
IIt’s never too late to jump into the crypto wave, even though the market has been on a downward trend lately. Crypto prices can fall and rise within seconds, depending on a number of factors, including news events, Federal Reserve actions, and investor sentiment. Despite their volatility, investing in cryptocurrencies provides an opportunity for you to earn good returns on your investments.
As cryptocurrencies continue to gain greater acceptance, experts believe that crypto projects will become more stable over time. Considering today’s bear market, investors are looking for a reliable option to include in their portfolios. Bitcoin Cash (BCH) and Wrapped BTC (WBTC) looked promising but have seen a massive price drop in recent weeks. On the other hand, Chronoly.io (CRNO) pre-sale sold out, capping over 690% growth rate despite the bear market. Chronoly.io (CRNO) has given investors hope.
Let’s see how these tokens are doing in the crypto market and their journey so far.
Chronoly.io (CRNO) tops the recently concluded presale
The uniqueness of Chronoly.io (CRNO) and its potential to overtake Bitcoin Cash (BCH) and Wrapped BTC (WBTC) have been hailed by the crypto community. Chronoly.io (CRNO) liked early success and created major milestones during the short period it was launched, and is poised to continue this trajectory in the coming weeks. Chronoly.io (CRNO) is a marketplace built on the Ethereum blockchain that allows investors, traders, or crypto-enthusiasts to buy, sell, and invest in fractional rare and collectible items from famous brands such as Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet by issuing asset-backed NFTs. Every watch sold on the platform is fragmented and connected real worldso you can physically feel your assets.
Chronoly.io (CRNO) has a unique feature that allows investors to digitally verify the authenticity of pre-owned luxury watches using Chronoly.io (CRNO) decentralized ledger on ethereum ethereum Blockchain networkTechnology Followers: 0 Show profile blockchain. It has a native token, CRNO, which serves as the marketplace’s currency. Chronoly.io (CRNO) holders enjoy a wide range of benefits, including receiving discounts and participating in reward pools. Experts believe that Chronoly.io (CRNO) will continue to attract large investorswhich will positively affect the price point.
Bitcoin Cash (BCH) is targeting institutional investors amid a bear market
Bitcoin Cash (BCH) stormed the crypto market with a lot of exciting potential, but for the global cryptocrashes, the token coincided with big projects like Bitcoin (BTC) and Ethereum (ETH).
On August 1, 2017, Bitcoin Cash (BCH) traded at around $240, but later rose to an all-time high of $4,4355.62 on December 20, 2017, with a return of 1,714.84%. The coin finally fell to a low of $75.08 on December 15, 2018 during the bear market. However, within 4 months of its existence, Chronoly.io (CRNO) has been able to maintain a 560% growth rate amid market crashes, suggesting that Chronoly.io (CRNO) could possibly match the performance of Bitcoin Cash (BCH).
Bitcoin Cash (BCH) is a cryptocurrency that shares many similarities with Bitcoin (BTC) and also has a number of features that make it unique. Bitcoin Cash (BCH) is considered a “fork” of the original Bitcoin. It is open to all; That means no one controls or owns Bitcoin Cash (BCH). You also do not need to apply for permission to exploit the token. At the time of writing, Bitcoin Cash (BCH) is trading at $119.13 USD with a 24-hour trading volume of $226,410,193 USD.
Wrapped BTC (WBTC) edges towards positive growth
chronoly.io chronoly.io Fintech solutionInvestment platform Followers: 0 Show profile (CRNO) could be the next Wrapped BTC (WBTC) if the team can maintain the current growth trajectory.
According to CoinMarketCap, Wrapped BTC (WBTC) traded at $3,330 as of February 6, 2019 (an all-time low) but later experienced an all-time high of $162,188.26 on November 16, 2021. That gave investors of the coin a return of approximately 4770%. On the other hand, Chronoly.io’s (CRNO) recent performance during the just concluded presale shows that the latter may just be the next Wrapped BTC (WBTC). But how far it is able to achieve this commendable feat, only time will tell.
At its core, Wrapped BTC (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. One of the significant advantages of Wrapped BTC (WBTC) over other similar tokens is its integration into the world of Ethereum wallets, smart contracts and Dapps. One Bitcoin (BTC) can easily be converted to one Wrapped BTC (WBTC) and vice versa through a WBTC partnership.
The Wrapped BTC (WBTC) team developed the token to enable bitcoin org bitcoin org Organizer of eventsTechnologyPayment solution Followers: 0 Show profile holders to participate and benefit from decentralized decentralized [email protected] Organizer of events Followers: 0 Show profile financial apps on Ethereum. Wrapped BTC (WBTC) is verified through a proof of reserve system and is maintained by a group of 30 experts. known as WBTC DAO. The group was originally started by Kyber, Ren and ButGo.
At press time, Wrapped BTC (WBTC) is trading at $18,811.20 USD with a 24-hour trading volume of $266,883,488 USD.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Advance sales: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
Disclaimer: This is a press release. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products or other material on this site. Readers should do their own research before taking any action related to the Company.