VeChain (VET) and Chronoly.io
are among the much-talked projects in the last few months. While VeChain (VET)
has made headlines due to its bounce back from the downfall, Chronoly (CRNO)
has stolen all the limelight, owing to its presale
success. Chronoly’s presale has been so successful that the value of its
CRNO token has soared by more than 560%.
VeChain VET Shows Signs of Recovery
Like most other altcoins,
VeChain crypto has been in a continuous downtrend since the start of the year.
Nevertheless, crypto markets have been experiencing the first significant
relief rally since June as the BTC price stabilizes above $22,000. VeChain
(VET) is breaking out from a consolidating phase in the same series. The
revival process started after the price bounced at $0.0215 recently.
In recent months, VeChain
VET has been showing signs of recovery and breaking out of a consolidation
period. It has also increased the use cases for the VeChain blockchain in
improving the global supply chain. Several leading international brands,
including DB Schenker, Kuehne & Nagel, LVMH, BMW Group, and Groupe Renault,
have been utilizing the VeChain blockchain for their business.
VeChain is a cryptocurrency
and smart contract platform designed to enhance supply chain management for
businesses. Its goal is to simplify the flow of information for complex supply
chains through distributed ledger technology (DLT). It aims to establish an
efficient digital collaboration between businesses by giving them effective
data transfer and supply-chain management tools.
The Vechain platform
operates with two distinct tokens: VeChain Token (VET) and VeChainThor Energy
(VTHO). VET coin is used for voting on changes to the protocol, and VTHOR is
utilized for making transactions on the VeChain platform.
Chronoly.io Exceptional Growth Steals Limelight
Democratizing the luxury
watch market,
Chronoly.io has been on a golden run since its
launch in May 2022. The pre-sale success
of Chronoly.io is one of the biggest positive highlights of the crypto market.
The value of Chronoly’s CRNO has already
increased by 560% and is expected to grow further.
Chronoly.io
platform lets people make fractional investments in NFTs of luxury watches
belonging to brands like Patek Phillippe, Richard Mille, and others.
Chronoly.io has joined hands with these multinational high-end brands to
procure a physical version of the watch and then mint NFTs against them. With
physical watches backing the NFTs, Chronoly’s CRNO token is it’s native
currency that powers the Chronoly.io ecosystem, a first-of-its-kind approach in
the crypto market. Thus, the project is extremely stable and profitable since
real-world assets make its NFTs immune to market speculations.
Notable here is that the
project’s whitepaper has highlighted that the luxury watch market has been
pegged to register a potential value of $49 billion.
On Chronoly.io, a
person can purchase luxury watch shares for as little as $10 to the whole
market price of the watch, i.e. 100% NFT of a watch. If a person purchases 100%
NFT of any watch, they can burn it to redeem the physical version of the
timepiece.
These unique
characteristics of Chronoly.io
have earned a big name for the project. Consequently, the value of Chronoly’s CRNO has skyrocketed by more than 560%. Its current price is $0.066,
while it was launched with a price tag of just $0.01. Meanwhile, experts are of
the opinion that CRNO can grow by over
3,000%.
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
This news is republished from another source. You can check the original article here
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