Initially regarded as havens for criminals and money launderers, cryptocurrencies have gone a long way in technological innovation and acceptance. Cryptocurrencies are typically used to purchase and trade goods and services. At the same time, some newer cryptocurrencies also serve as a set of rules or duties for their holders, as we shall explain later. Cryptocurrency markets have struggled during 2022, but some performed with distinction. For example, Monero (XMR) and Binance (BNB) have provided an exceptional ROI of 7701.19% and 284970.1%, respectively since their launch and now it looks like Chronoly (CRNO) could have the same or greater success. Chronoly (CRNO) launched their presale phase one and sold over 35 million tokens in just 37 seconds.
Chronoly is a new concept that can potentially disrupt the crypto and watch markets. It is a blockchain-powered watch investment platform that allows users to trade, authenticate, and invest in rare and collectable timepieces from Rolex, Patek Philippe, Richard Mille, and Audemars Piguet.
Chronoly, the world’s first fractional watch investing platform, will allow users to exchange fractional NFTs (non-fungible tokens) in the form of real-world watches, similar to trading stock shares. Investors can buy fractional shares for as little as $10. With this brand new, world’s first concept analysts are predicting Chronoly could be the next 100x investment.
Users will also have the option of redeeming a genuine watch from Chronoly’s vault. Additionally, customers who have purchased 100% of the watch fractions may burn their watch NFTs and have Chronoly ship the watch to any of over 120 countries using a secure logistics partner.
Many industry analysts also predict that the price of CRNO tokens will grow more than tenfold during the first few weeks of trade. Their platform combines web3, NFTs, and blockchain technologies into a single ecosystem, making it an extremely intriguing concept.
40,976,123 CRNO tokens have already been sold out of 125,720,000 CRNO, and there are only 10 days left before phase-1 of the presale ends. Don’t miss out on this chance!
You’re undoubtedly wondering why your HODLing Monero (XMR) buddies have been strangely happy in the previous seven days. There has been a small rise in the Monero (XMR) token. Monero (XMR) has seen an increase in the recent week. With an intraday high of $180 on May 21, the coin looked to be breaking new ground. The price of an XMR token has increased by 13% in the previous week. Despite being 67 percent below its all-time high of $517, Monero (XMR) looks ready for a slight gain but nothing that investors will be jumping for you over.
Binance Labs, the venture capital arm of Binance, the world’s largest cryptocurrency exchange by trade volume, made a strategic investment in pSTAKE, a liquid staking system developed by Persistence. Binance thinks the investment would bring more DeFi innovation and liquid staking to the BNB ecosystem. In the decentralised finance (DeFi) field, pSTAKE allows users to stake Proof of Stake (PoS) assets while producing income. Users can stake PoS tokens using pSTAKE and receive fully-backed representative tokens (stkASSETs) that can be used in DeFi to generate further yield.
Binance’s native coin, BNB, is also a PoS asset, and it has been added to pSTAKE’s increasing list of supported tokens. Users will soon be able to stake BNB using the Persistence platform to receive a higher yield.
For more information on the Chronoly presale:
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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