If there is anything that the crypto market has taught us is expect the unexpected. Cryptocurrencies fluctuate so frequently, crypto projects that may have been at the top of the charts less than a week ago may be among the backbenchers this season. Therefore, putting all your eggs in one basket may be a risky move to make.
It would be best to analyze market trends and make a calculated judgment on which coins will perform better than others this season. One that is outperforming many is Chronoly (CRNO), which is quickly paving its way to the forefront of the crypto space among other key players like Cardano (ADA) and Dogecoin (DOGE)
Cardano (ADA) seeks to be the world’s go-to operating system for financial services by creating DeFi products like Ethereum. Cardano intends to solve issues including chain interoperability and legal contract traceability. One of Ethereum’s five founders, Charles Hoskinson co-founded the project, he quit Ethereum because he disagreed with its path and eventually helped build Cardano. Cardano has since then become the archnemesis of Ethereum because of its allegedly superior blockchain. Despite having surpassed Ethereum in terms of PoS consensus, it still has a long way to go in DeFi applications.
Cardano (ADA) is currently at around $0.57. It has a $19.4 billion market valuation and a daily trading volume of about $2 billion.
2: Dogecoin (DOGE)
Dogecoin (DOGE) became the first cryptocurrency to gain popularity due to being a meme. It was established in 2013 by two software programmers, Billy Markus and Jackson Palmer. They are said to have invented the coin as a joke in response to the intriguing speculation that has characterized the cryptocurrency industry. Its price surged in 2021 after Elon Musk took a great interest, causing a commotion among cryptocurrency enthusiasts becoming accepted as payment by certain big corporations, including the Dallas Mavericks basketball team, Kronos, and even SpaceX, an American aerospace business controlled by Elon Musk. The coin’s avatar is a picture of a Shiba Inu.
Dogecoin is currently at around $0.09. It has a $12 billion market valuation and a daily trading volume of about $1.9 billion.
3: Chronoly (CRNO)
Chronoly.io is a new cryptocurrency and NFT initiative that gives consumers real world value. The presale staged just kicked off and according to market insiders the price of Chronoly could increase over 500% before the end of phase two. Most coins and NFT initiatives are digital only, Chronoly has a unique approach; It enables individuals to invest in NFTs backed by luxury watches like Rolex, Cartier, Patek Phillippe and more.
This is the world’s first blockchain based fractional watch investment platform and has just entered the market with its token. Crypto investors worldwide who have analyzed the whitepaper say this project is a hidden gem. CRNO token, in phase 1 of its presale is listed at a price of $0.01.
With this crypto project each NFT is backed by an actual watch that is insured and kept in world leading security vaults. The NFT is then divided into fractions, allowing anybody to digitally own part or all of the physical watch. Anyone who collects 100% of a watch can and have it shipped to wherever they want in the world with a secure logistics partner. Chronoly may be the place worth looking for early-stage investors looking to get into a startup for high returns.