Chronoly.io, Binance (BNB) and Avalanche AVAX, three coins to see in July and this is why
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The crypto market has undergone a difficult update in recent months. The recent market crash has caused panic among cryptocurrency enthusiasts. However, some cryptocurrencies, such as Binance’s BNB and Avalanche’s AVAX, have resisted or gradually overcome the bearish phase.
Then there are some cryptocurrencies that have surprised analysts with their booming performance in these gloomy times. Crypto tokens such as Chronoly’s CRNO have come up with unique use cases that have driven optimism among investors.
Let’s dive deeper to find out why these three cryptocurrencies need to be on your investment watch list in July.
Chronoly.Io – A stable, transparent and profitable investment alternative!
Among all the cryptocurrencies that have resisted the current bearish market trends, Chronoly.ios CRNO has undoubtedly been the most attractive project. Chronoly’s CRNO token has recorded huge gains and has been able to win investor confidence. CRNO is currently in its pre-sale phase, and the value has increased by over 600% since its launch. The price has jumped from 0.01 USD in May 2022 to 0.06 USD in July 2022. In addition, analysts have predicted that CRNO’s price will soon reach the mark of 0.75 USD.
Chronoly.io is the world’s first blockchain-based marketplace for fractionated clocks. It allows people to make a partial investment in the NFTs for the rare collectibles, from as little as $ 10. Remarkable is the fact that this project is unlike any other, as all the NFTs featured in this project are supported by the real world physical watches. Investors prefer to put their money into projects whose gains are driven by real utility rather than speculation.
Chronoly.io first buys the physical version of luxury watches and then makes their NFTs. Since the value of rare collectible watches is likely to increase over time, despite the prevailing market conditions, the NFTs that are characterized against them are considered stable and secured for investment.
Binance (BNB) has an optimistic outlook!
Binance’s BNB token is similar to all other cryptocurrencies traded on the market. The value depends on the volume traded in or used by people. Therefore, when the crypto market recently crashed, the trade and use of BNB fell, and so did the value.
That said, it can not be ignored that Binance is the world’s largest cryptocurrency exchange in terms of daily trading volume, and BNB is its original token. Thus, the use of BNB tokens and its trading volume is expected to increase in the coming weeks as the crypto market picks up.
Although BNB has fallen sharply from its record high value of USD 690 in 2021, experts suggest that it has an optimistic future as the company diversifies its utility cases. The price development indicates that BNB is expected to reach a peak of USD 247 in July.
BNB tokens were originally introduced to raise funds for the Binance exchange. Later, their use expanded, and users could use BNB tokens to pay for virtual gifts, tickets, and other entertainment purposes. It can also be used to invest in exchange-traded funds on several platforms. Some platforms also allow BNB tokens to be used as collateral for loans.
Avalanche (AVAX) – Looking at an improvement after a steep fall!
Avalanche is a blockchain-based cryptocurrency platform that aims to help people create, run and manage decentralized applications (dApps). Avalanche’s AVAX token was introduced to make smart contracts and decentralized applications more accessible and faster.
Like Binance, Avalanche is also very sensitive to prevailing market sentiments. So the recent market crash has significantly affected AVAX’s value.
However, AVAX’s market value is huge, and it is well within the top 20 cryptocurrencies on CoinMarketCap. It is expected to give good results in July as experts believe that the crypto market will regain strength by the third week of the month. AVAX’s price is estimated to touch USD 25 in July.
More information about Chronoly.io presale here:
Website: https://chronoly.io/
Advance sale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
