Considering that the global crypto market boasts of more than 20,000 tokens, it may not be an easy ride for new investors to choose an ideal investment to include in their portfolios. Based on their real-world use cases, tokens like Solana (SOL) and Chronoly (CRNO) could add immense value to your investment portfolio.
Crypto experts who are well-grounded in the scheme of things as far as the crypto market is concerned suggest a July pump for Solana (SOL) whilst the Chronoly.io token(CRNO) price is predicted to spike by a further 500%. Giving priority to these tokens can be a dream come true if the suggestion by experts is anything to go by.
Solana (SOL) is changing the space
At its best, experts describe Solana (SOL) as a revolutionary cryptocurrency. Currently ranked number 9 in terms of market capitalization on CoinMarketCap, Solana (SOL) is quickly gaining momentum, thanks to the growing importance of DeFi.
Since Solana (SOL) made its first market debut in April 2020, historical charts have it that it traded for less than $1 and today, the token trades for $38.41. Solana (SOL) price appreciation is a defining moment for investors who are looking to be part of altcoins with a positive outlook.
Despite a class-action lawsuit claiming that Solana is an unregistered security under the Howey test, many investors believe that SOL could experience a pump this month due to media hype. Solana (SOL) was designed to revolutionize the DeFi space. Its unique selling proposition can safely organize over 50,000 transactions in a second, outperforming the competition. SOL has numerous points that suggest a sustainable development.
Just how exciting is Chronoly (CRNO)?
Chronoly.io is the first decentralized marketplace for watch co-ownership and authentication, and is built on the Ethereum blockchain. With Chronoly.io, you can invest, authenticate, and trade rare, exclusive, and luxury watch NFTs from top brands like Rolex, Richard Mille, and Audemars Piguet. The watch NFTs are 100% backed by a physical version, which is held in a vault.
CRNO, the platform’s native token, lets users enjoy a wide range of exciting benefits, including live and virtual watch networking events in the metaverse, special access to exclusive NFT drops, and other benefits through access to an exclusive members club.
Plans have reached advanced stages for Chronoly’s developmental team to release a multi-chain oracle, which will reinvent or redefine the global watch market that’s currently worth over $64bn. Once released, the multi-chain oracle will enable pre-owned watch authentication, value tracking, and improved pricing accuracy on a decentralized ledger. Chronoly (CRNO) will offer trends and snapshots of pricing on its trading platform, where users and other investors set limit orders and price alerts 24/7.
The ongoing Chronoly presale has attracted both institutional and retail investors amassing massive quantities in their portfolios. The Chronoly (CRNO) tokens currently trade at $0.066 and are projected to surpass its price target of $0.50 before September 27, 2022.
At the end of the presale, the task before the developmental team is to first list Chronoly (CRNO) on Uniswap and later on PancakeSwap. Also, before the end of phase two, the team plans to list Chronoly (CRNO) on both CoinGecko and CoinMarketCap. And with the popularity that CRNO is gaining, listing the token on more exchanges would give more people the opportunity to buy and include CRNO in their asset holdings.