The metaverse and non-fungible tokens sectors have recently came into public discussion. Early investors who invested in metaverse gems are smiling to the bank as evidence of this. In fact, one of the world’s biggest tech companies, Facebook, changed its name to Meta to gamble on the metaverse. It was reported that the business spent well over $10 billion on its metaverse project last year, tagged the “future of technology.” Blockchain will play a major part in the journey to the metaverse. So, which metaverse tokens should you put your money into? Apecoin (APE), Decentraland (MANA), and Chronoly (CRNO) are sure to be at the top of every investor’s list in 2022. But due to the epic dump in 2022, most of the metaverse investments are being shifted to Chronoly (CRNO), which could be the new big thing in the crypto markets.
Apecoin has been one of the most sought-after metaverse tokens since its introduction in April 2021. Its Bored Ape Yacht Club (BAYC) NFT collections have a thriving fan base. (APE) is the project’s utility token, and is built on the ERC-20 standard. The token enables the project’s migration to Web 3.0. The (APE) Foundation backs it, and the ApeCoin DAO governs it. Apecoin token holders can vote and be voted for on DAO governance proposals. They also get access to intriguing features, including events, games, and services.
After touching its all-time high on 29-04-2022 which was $26.19, the coin faces a bearish trend. Even in 2022, the trend does not seems to be reversed.
Decentraland is another promising metaverse token that may fetch you a lot of money. Decentraland is, at its heart, a metaverse platform built on top of the Ethereum blockchain. Users may utilise the platform to produce and monetize digital content via various interactive experiences. Users may even purchase and sell digital real estate inside the ecosystem while playing games. As more investors accept Decentraland (MANA), the token’s price increased by more than 50% in early 2022.
Just like ApeCoin (APE), Decentraland MANA has not gained its momentum back. It once peaked at $4.88 but it has struggled to boom again and at the time of writing is trading at $1.11
Chronoly.io is the world’s first decentralised marketplace where investors can use blockchain technology to purchase, sell, and authenticate luxury timepieces. Because of its unique use case of NFTs, many are calling this initiative the “new age of watch ownership.”
Each NFT watch on the Chronoly (CRNO) marketplace is asset-backed by a real watch, which is insured and kept in their depositary vault. The metadata stores all of the watch’s authenticity, ownership history, and value statistics, and the NFT is then divided into smaller fractions, enabling anybody to possess a piece of a luxury watch like a Rolex for as little as $10. According to the Chronoly (CRNO) whitepaper, the team intends to interact with numerous metaverses and metaverse games, allowing users to wear their digital watch NFT on their avatar and display their digital collection on social media platforms.
The Chronoly (CRNO) marketplace is powered by its native token (CRNO), which went on presale on May 4th, 2022 at a price of $0.01 and is already trading at $0.02 today. The lucky few who purchase the Chronoly (CRNO) token early in its presale phase may make significant gains.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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