Published
1 year ago on
October 06, 2022
With the crypto market showing some signs of revival now, this article will dwell deeper into three projects - Enjin (ENJ), Binance (BNB), and Chronoly (CRNO) - and evaluate why they all are performing differently. Enjin (ENJ) is not in its best health as its prices are going down continuously, while Binance (BNB) has successfully posted some positive figures after a long phase of downfall. Then comes Chronoly (CRNO), which has emerged as the headline stealer with its stellar performance. Chronoly’s pre-sale ended with a 690% growth, and the project will launch its CRNO tokens on the UniSwap exchange.
Chronoly (CRNO) Explodes For A Historic Public Launch
After a dream run of its pre-sale, Chronoly (CRNO) is all set to replicate its previous success and records on the crypto trading exchanges as well. Chronoly (CRNO) has already garnered many promoters due to its unique business roadmap and value proposition. Chronoly’s pre-sale was a tremendous success after all its CRNO tokens were sold out at an appreciated price. The price of CRNO increased by 690% during its pre-sale. Now, Chronoly’s CRNO tokens will be launched on the UniSwap exchange at $0.079. CRNO’s price was just $0.01 when it was launched in May 2022.
Chronoly.io is the world’s first and only digital marketplace that allows users to make fractional investments in luxury timepieces. Chronoly.io purchases luxury watches from high-end brands, such as Rolex and Philip Patek, and mint NFTs against them. Users can purchase these watch NFTs for as low as $10. The USP of Chronoly is that all its NFTs are backed by real-world assets, i.e. physical versions of luxury timepieces. This backing grants CRNO protection against any market downfall.
CRNO holders get other benefits like discounted transaction fees on Chronoly and participation in a monthly lucky draw. CRNO holders can also stake their tokens in the platform’s lending pool to generate extra income. They can yield up to 18.6% as passive income.
The price of Chronoly’s CRNO is also expected to spiral up to $3 after its launch on the exchange. Crypto pundits say that CRNO can go as high as $8 soon. Chronoly’s CRNO tokens will hit the UniSwap exchange at 17:00 UTC on October 6.
Enjin (ENJ) Runs Out of Growth Fuel
It has been quite a long time since the price of Enjin (ENJ) moved upward. Enjin (ENJ) lost its steam and started to go down the hill following the recent market crash. On the weekly price chart, the price of Enjin (ENJ) has dipped by 4.45%, and on the monthly chart, it has gone down by more than 13%. Currently, the trading price of Enjin (ENJ) is $0.45, which is more than 90% below its all-time high of $4.85.
Enjin (ENJ) is an ecosystem of blockchain-based, interconnected gaming products. Enjin (ENJ) has been developed on the Ethereum network. It is a social gaming platform that assists users in creating websites, clans, and virtual item stores. Enjin Coin (ENJ) is the native crypto of the ecosystem.
Binance (BNB) Shows Some Gains
Since the price of Binance (BNB) depends largely on the trade volume on the network, it has moved up following the recent rising market trends. An overall improvement in the crypto market has assisted Binance (BNB) in making some gains. Last week, Binance (BNB) increased by 1.53% to reach $281.62, about 59% below its all-time high of $690.93, which is somewhat better than its peers.
BNB cryptos were launched to raise funds for the Binance exchange. However, after some time, the use case of Binance’s BNB was expanded. Binance (BNB) holders can use their tokens to pay for lottery tickets, virtual gifts, and other entertainment purposes.
For more information about Chronoly.io
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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