Why Analysts are Predicting These Three Altcoins to go Bullish: UniSwap (UNI), Binance (BNB), and Chronoly.io (CRNO)


The crypto market is in one of its lowest ebbs ever. However, despite the overwhelming bearish trend, some altcoins seem to be rallying themself for a bullish run. With the various happenings in the ecosystems of these altcoins, crypto analysts are widely regarding them to do a strong bullish run. These coins include UniSwap (UNI), Binance (BNB), and Chronoly.io (CRNO).

But why are these analysts predicting a bullish run for these tokens? Stick with us as we go through each of them.

UniSwap (UNI)

Widely regarded as the leading decentralized exchange platform, the UniSwap (UNI) platform is renowned for its lower transaction costs than centralized exchanges. Launching the native UniSwap token (UNI) in 2020, the token reached an all-time high of $44.97. While Uniswap (UNI) is quite off that amount right now ($6.31 at the time of writing), the prediction of crypto analysts for this altcoin is to surpass its all-time high price this year. According to the technical analysis of various analysts, the coin has broken a few resistant levels on its bullish run.

However, there’s a chance for Uniswap’s price to plummet if investors turn against it for a sudden reason. At this point, it remains bullish and doesn’t seem to be going down anytime soon.

Binance (BNB)

The Binance (BNB) chain now has a new roadmap to make the exchange platform more decentralized and function even faster. With these new roadmaps coupled with the $500 million funding Binance got in June, there seem to be some exciting times ahead for the platform and its native token. These various approaches to improve the platform would translate to a better use case for the native token. Binance (BNB) priced at a little bit above $235 at the time of writing, we can only expect greens from the Binance (BNB) Chain token.

Chronoly (CRNO)

Innovations with solid use cases and real-life utilities tend to become extremely valuable in the crypto world. This principle will likely apply to Chronoly.io (CRNO), the first fractional watch investment marketplace. The idea behind Chronoly.io (CRNO) is to allow people to invest in various pieces of luxury wristwatches using NFT pieces, which are backed by a real version of the wristwatch stored in the Chronoly.io (CRNO) vault.

Instead of users having to buy a complete luxury watch NFT, they can buy a fraction of the watch’s NFT for starting prices as low as $10. This way, you can purchase various pieces of several luxury watches and hold unto them until they become more valuable. Also, collectors could buy the whole fractions of a watch and burn the NFT to claim the actual wristwatch. 

One problem that has been common in the luxury watch industry is selling counterfeit timepieces to unsuspecting collectors. However, Chronoly.io (CRNO) olves these problems by getting third-party experts to verify the authenticity of these watches. Also, they make sure their watches aren’t stolen pieces by cross-referencing them with blockchain ledgers around the world.

The developers also plan to incorporate these NFT watches into games and metaverses with a native app also in development. 

With these various roadmaps all taking shape, the Chronoly.io token (CRNO) has rapidly increased in price despite still being in the presale phase. Currently selling for $0.066 at the time of writing, analysts expect the token to get close to or even hit the $1.00 mark by September 2022. If you dare to hop on, this bullish run could become huge greens for your portfolio.

Financial Disclaimer

These claims are not in any way financial advice but only the author’s thoughts. It is advisable that you do your additional research before investing in any of these altcoins. We wish you greens all the way!

For more information about Chronoly.io presale
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio

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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