Cryptocurrency

Crypto Market Crashes – Are Avalanche (AVAX), Binance (BNB), and Chronoly (CRNO) Worth Buying?

Market Trends

Are Binance, Avalanche, and Chronoly worth buying and holding? Would they prove to be bullish? Have a look

The crypto market has lost hundreds of billions in value, with Bitcoin hitting the mark of $26,500. Other cryptocurrencies have also received a severe backlash. Even the top blockchains like Ethereum couldn't survive the fall.

During these critical times, there are still cryptocurrencies worth keeping an eye out for. It is for the value and their unmatched tenacity. The growth and much more. These tree tokens are Binance (BNB), Avalanche (AVAX), and Chronoly (CRNO). Are they worth buying and holding? Would they prove to be bullish? Let's have a look:

1. Avalanche (AVAX) – Great For Crypto Portfolio

Avalanche (AVAX) has always managed to bounce back from the severe downfall. We have seen it hit $140 and cross that milestone. It might have fallen to 25% of that value. This is the best time for crypto holders to invest in Avalanche (AVAX).

In the past, when Avalanche (AVAX) was at this low value, it grew threefold. An investment firm, Valkyrie, has also launched the Avalanche (AVAX) trust fund, which will attract more traction and increase the exposure of the cryptocurrency. Therefore, we can expect some massive success.

2. Binance (BNB) – The Hub For Whale Transactions

The current state of the crypto market has opened a new ray of hope for Binance (BNB) as it has gained the confidence of bulls willing to conduct whale transactions. Since March, it has gathered around a $100K+ transaction spike, which shows the steady growth of Binance (BNB).

The CEO of Binance has managed to keep Binance (BNB) maintain a bullish appeal to the investors. It aims at the public listing for the U.S Markets and combining ventures. Binance (BNB) is undertaking several deals, and the NFT game market is also going to enforce the value of the BNB (Binance) token.

Collectively, these will provide Binance  (BNB) with a steady flow. While it might not reach the all-time high of over $650 – $690 in value, it could cross $400 or even the $420 threshold.

3. Chronoly (CRNO) – A Fantastic Bullish Opportunity

Meanwhile, Chronoly (CRNO) is lesser-known crypto that has accumulated over 9.5 million token sales since its launch on 4th May. The date was quite fascinating for many NFT projects like Yuga Labs, as well. However, Chronoly (CRNO) could help the bulls to mitigate any potential loss in the value of their portfolio with steady pricing.

Chronoly (CRNO) works on a stock-oriented system that holds a steady value for the fragments and tokens it offers. This can later be exchanged for real-life goods like premium and luxurious watches from Rolex and other brands. In simple words, it provides a golden opportunity for crypto investors to keep holding their assets and mitigate losses with valuable real-life items.

Chronoly (CRNO) will showcase a remarkable and bullish moment if it keeps up with the trajectory, its price being just $0.01 and in the first phase of its presale investors are flocking to take part in this world's first unique project.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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