The crypto market has shown some signs of revival, and so have some cryptocurrencies. The revival has come at a much-needed time as some cryptocurrencies have fallen to the level which posed a threat to their existence. Hence, the recent bullish market sentiment has pumped up some cryptocurrencies. Theta (THETA) and Stacks (STX) are two such cryptocurrencies that got a sigh of relief due to the market revival. They both have moved up, although a little, on the growth chart.
Then there is a new player in the arena, Chronoly.io, whose success has won the attention of investors throughout the world. Defying the bearish market, the value of Chronoly.io (CRNO) has increased by 560% during the pre-sale phase. Besides, it is expected to grow by 2,500%-5,000% in the coming months.
Due to the growth in the overall crypto market, the Theta network (THETA) has been able to rise by 1.18% in the last week. However, it still fears that another market downfall can cause a severe blow to it since it relies on market sentiments. Currently, Theta (THETA) is being traded at $1.50, around 90% below its all-time high value.
Theta (THETA) is a blockchain-based platform launched to decentralize video streaming. It envisions providing a better experience to the users of the video streaming industry at lower costs. It also aims to provide content creators with a platform that can assist them in earning more by removing any barriers between them and their target audience.
According to the developers of the project, Theta (THETA)'s main goal is to democratize and improve the video streaming industry, which currently is suffering from centralization, high cost and poor infrastructure. Theta network has its own native currency called THETA.
Stacks (STX) has shown a solid rebound in the last week when its value increased by 5.28%. However, to maintain the momentum of STX, the platform will have to increase the trading activity on the network. In the absence of any real-world asset backing and use cases, Stacks (STX) can again go down.
The main purpose of the Stacks (STX) project is to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC).
Stacks (STX) brings smart contracts to Bitcoin without altering their features. It is a layer-1 blockchain solution with its native token, STX, which powers the platform. The token is used for executing smart contracts, registering new assets, and processing transactions on the network.
Chronoly.io (CRNO) was launched in May 2022, and since then, it has been growing more day-by-day. The pre-sale phase of this new entrant to the market has brought an increase of 560% in the value of Chronoly.io CRNO and is pegged to grow further, as per industry experts.
Chronoly.io (CRNO) allows people to make fractional investments in NFTs of luxury watches. These timepieces belong to brands like Patek Philippe, Richard Mille, Rolex and others. Chronoly.io procures physical watches from these multinational high-end brands and mints NFTs against them. It means that the NFTs of Chronoly are backed by real-world assets, making it one of the most secure projects in the market.
On the Chronoly.io platform, a buyer can invest in the NFTs of the platform for as little as $10. Moreover, if a buyer owns 100% NFT of any watch, they can redeem it for the physical version of the timepiece kept in secure vaults.
Investors are highly bullish and confident with Chronoly.io pre-sale performance. Several investors are even altering their existing portfolios to include Chronoly.io (CRNO). Due to this level of demand and appreciation, the value of Chronoly.io (CRNO) token has climbed by 560%. Chronoly.io (CRNO) current price is $0.066, while it was just $0.01 at the time of launch.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
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