Cryptocurrency

Presale Token Chronoly (CRNO) Up 100% Last Week Flow (FLOW) And Enjin Coin (ENJ) Tumble

Market Trends

Chronoly offers cryptocurrency investors a new era of watch ownership.

The cryptocurrency industry gave investors a bitter-sweet experience last week. While some digital currencies performed beyond expectations, to their investors' delight, some tumbled.

In the former group is the presale token called Chronoly (CRNO) which recorded an appreciation of 100% during the timeframe, while Enjin Coin (ENJ) and Flow (FLOW) are in the latter group of crypto tokens that have struggled.

Let's consider how these coins performed within the week under consideration and why investing in Chronoly may be a wise decision for all cryptocurrency investors.

Flow (FLOW) Depreciated by Approximately 36% over the Week

The FLOW coin took a massive hit during the week in question as it depreciated by a whopping 36% over the period.

It started the week under review at $4.25 per token and ended at $2.75 per token. Incredibly, the coin recorded an all-time high of $42.40 per coin a little over a year ago on April 5, 2021, while its lowest price stands at $2.43 some 13 days ago on May 12.

This depreciation is a great concern for its investors who lost a significant portion of their investment to the unfortunate incident. Other cryptocurrency enthusiasts, especially prospective investors in the FLOW coin are taken back by the depreciation. They considered that as a signal to suspend their investment plans for the coin.

Enjin (ENJ) Lost a Tenth of its Value in a Week

Enjin (ENJ) is another coin that suffered a fate similar to FLOW last week. It started the week at $0.742957 per token but it couldn't sustain the momentum and lost a whopping tenth of its value before the week ended, selling at $0.666476.

This is surprising for a coin that was sold for between $3 and $4 for the better part of 2021. It started its downward trend towards the tail end of last year and lost a significant portion of its value within the last week.

The depreciation experienced by most digital assets in the cryptocurrency space notwithstanding, Chronoly has proven to be worthy of every crypto investor's money. It was appreciated over the week in question to every investor's delight.

Chronoly: Unfazed by the Crypto Community's Depreciation

Amidst the depreciation ravaging the cryptocurrency community with some tokens losing up to a third of their values within a week, Chronoly has been outstanding. It has continued to appreciate considerably over the same period.

Chronoly offers cryptocurrency investors a new era of watch ownership. As the leading name in the watch investment sector, the platform mints rare watches from the stables of the most popular watchmakers in the business. Each minted NFT watch has a corresponding physical watch, which is stored in a depository vault.

It breaks these NFTs down into smaller versions that investors can easily invest in without breaking their bank. For as little as $10, you can invest in any of these NFTs the same way investors trade stocks. Wealthy investors who own 100% of any of the NFTs can get their physical watch from the Chronoly vault whenever they desire.

Irrespective of the discouraging market conditions, CRNO gained over 100% in value within 8 days of its presale. It is currently trading at $0.02 per token. With optimism about its appreciation gaining more momentum among cryptocurrency investors, it has what it takes to appreciate considerably within the next few weeks and probably surpass the projected price of $0.50 by July 27, 2022.

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