After showing signs of revival, some cryptocurrencies have been unable to maintain their growth due to poor performance. Chiliz (CHZ) and UniSwap (UNI) are examples of two such crypto projects. On the other hand, Chronoly (CRNO) has secured a massive lead against its market peers. After registering a price appreciation of 690% during the project’s pre-sale phase, Chronoly has launched its CRNO tokens on various exchanges, on October 06.
Chiliz (CHZ) Concedes Consecutive Weekly Losses
The performance of Chiliz (CHZ) has fallen again this week. While the price of Chiliz (CHZ) had fallen around 10% last week, the token has taken a dip of more than 14% on the price chart this week. These consecutive price drops have caused Chiliz (CHZ) to trade at $0.18, which is around 80% below its all-time high of $0.89.
Chiliz (CHZ) is a blockchain-powered platform that allows sports fans to have real-world engagement with their favorite sporting clubs and teams. The ecosystem of Chiliz is operated by its native CHZ cryptocurrency.
UniSwap (UNI) Tumbles On Price Chart Again
UniSwap (UNI) has once again become unstable on the growth chart. While the price of UniSwap (UNI) had witnessed an increase in the past two weeks, it has declined again this week. The price of UniSwap (UNI) has fallen by more than 6% in the past seven days. The current trading price of UniSwap (UNI) is $6.10, which is more than 86% below its all-time high of $44.97.
The token’s parent exchange, UniSwap, is one of the leading crypto exchanges in the market, being an Ethereum-based cryptocurrency exchange which lets users trade crypto without an intermediary. This allows users to exchange tokens without paying any fee.
Chronoly (CRNO) Continues Historical Run After Listing
Chronoly.io, which started its pre-sale phase in May 2022, listed its CRNO tokens on the UniSwap exchange on October 6. The listing of Chronoly’s CRNO tokens on the exchange took place after the project registered a whopping increase in its value in the pre-sale phase after all its tokens were purchased. Chronoly’s CRNO witnessed a 690% increase in price during this pre-sale. The launch price of CRNO on the crypto exchange was $0.079. Given its recent performance, Chronoly’s CRNO token is expected to reach a price tag of $3.0 in the coming weeks.
Chronoly.io (CRNO) is a blockchain-based decentralized marketplace related to rare collectible watches. Chronoly.io (CRNO) also allows users to invest fractionally in NFTs of rare luxury watches from high-end international brands by minting NFTs that people can trade for as low as $10.
This practice provides CRNO with the backing of physical watches and interlinks the price of the token with the value of rare timepieces. Notably, luxury watches have an inflation-beating tendency as their prices always increase, irrespective of the general market conditions.
On the platform, investors can also generate a passive income of up to 18.6% yearly by staking their CRNO tokens in the Chronoly lending pool. Chronoly investors are also eligible to participate in the project’s monthly lucky draw, where they can win a Rolex watch. Participation in the lucky draw is free of cost.
The past market records and future growth prospects of Chronoly.io have made investors flock towards CRNO tokens. The price of a CRNO token has already risen to $0.079 from just $0.01 a few weeks ago. Market analysts also predict that CRNO token has the potential to reach $8.0 soon.
For more information about Chronoly.io