Several cryptocurrencies have emerged as convincing investment instruments in recent times. While crypto investors were dormant for the last six months due to the prevalence of strong bearish sentiment in the market, they have jumped into the arena again, following the market’s much-awaited revival. Investors are keen to make investments in projects that can offer them a good return. That said, Neo (NEO), VeChain (VET) and Chronoly.io (CRNO) are the focus of investors. While Neo (NEO) and VeChain (VET) have shown a comeback, Chronoly.io (CRNO) has impressed the market analysts with an outstanding pre-sale performance. Chronoly.io’s (CRNO) tokens were sold out during the pre-sale, with a price increment of 690%.
Neo (NEO) Makes Its Presence in Green Zone
Neo (NEO) has been on a roll lately. The price of Neo (NEO) rose 7.46% in the last week, and its current trading price has come to $9.87. Additionally, the revival of the crypto market has caused an increase in the trade volumes on the platform, making a case for a further increase in the price of Neo (NEO).
Neo (NEO) is a blockchain-based platform that is used to digitize assets. The main aim of Neo (NEO) is to establish a self-managed digital economy by combining digital assets, digital identities, and smart contracts. The Neo (NEO) platform aims to build a community of developers and encourage people to build decentralized apps and smart contracts on the network. The network has two native cryptos, namely NEO and GAS.
VeChain (VET) Sees Sunlight After Bearish Winter
VeChain (VET), an altcoin, has finally seen some positive light after being in a bearish storm since the start of the year. In an encouraging event for investors of VeChain, VET is now on the path of breaking out from a consolidating phase. The revival process of VeChain (VET) started in August. Currently, VeChain (VET) is trading at $0.025.
VeChain is a blockchain-based smart contract platform that aims to enhance supply chain management for all enterprises. VeChain (VET) was launched to simplify the flow of information for complex supply chains. Several multinational companies, including DB Schenker, Kuehne & Nagel, BMW Group, and Groupe Renault, use the VeChain blockchain network for their businesses. Interestingly, the Vechain platform is one of the few projects that have two distinct tokens: VeChain Token (VET) and VeChainThor Energy (VTHO).
Chronoly.io (CRNO) Gets To Iconic Market Standing
Given that nearly all CRNO tokens of Chronoly.io (CRNO) were sold out even before the end of its pre-sale phase, the project is now headed towards a growth rate of 5,000%. Notably, Chronoly.io (CRNO) has already recorded a gain of 690% during the pre-sale phase, which started in May 2022. Such is the popularity of Chronoly.io (CRNO)that the price of its CRNO token has inclined from $0.01 to $0.079.
Among all the blockchain-powered digital marketplaces, Chronoly.io (CRNO) is the only platform where people can invest in luxury watches. Chronoly.io (CRNO) mints NFTs of luxury watches, and lets people invest in the timepieces for as low as $10. To maintain the authenticity of its NFTs, Chronoly.io (CRNO) purchases physical watches from multinational brands, including Rolex and Philip Patek, and stores them in its secured vaults. Thus, Chronoly.io’s (CRNO) has become one of the rare tokens in the cryptocurrency arena that has the backing of real-world assets.
Moreover, Chronoly.io (CRNO) also plans to create its metaverse, and has already started collaborating with metaverse developers. Chronoly.io (CRNO) holders can also take loans at competitive interest rates against their NFTs and stake their tokens to yield passive income. Chronoly.io (CRNO) will also hold a lucky draw every month, and the winner will get the physical version of a luxury watch.
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