Bitcoin Cash Grows A little; Chronoly.io Heads toward 5000% Growth

Bitcoin Cash Grows A little; Chronoly.io Heads toward 5000% Growth
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Since the overall crypto market has started to revive, several cryptocurrencies are coming out of the shadow of bears. Investors are now investing aggressively into projects that are posting some growth on the chart. Bitcoin Cash (BCH) is one of the growing cryptos that is coming out of the bearish zone. The price of Bitcoin Cash has increased considerably in the past month, forcing investors to look at it.

Meanwhile, Chronoly.io's pre-sale has rocked crypto enthusiasts with its success. The pre-sale of Chronoly.io (CRNO) was so successful that nearly all its Chronoly.io (CRNO) tokens were oversubscribed and sold out, and its price rose by about 690% in just a few weeks. Investors are now extremely bullish on this project. In fact, several investors have left other cryptocurrencies to make investments in Chronoly.io's (CRNO).

Bitcoin Cash Gets Support From Bitcoin's Rise

When the price of Bitcoin rises, the value of all the cryptos depended upon or related to it also increased. Bitcoin Cash (BCH) is no exception to this notion.

The price of Bitcoin, the largest cryptocurrency in the world, has increased by over 20% in the last month, pushing Bitcoin Cash (BCH) to grow by 40% during the same period. One must remember that Bitcoin and Bitcoin Cash are two different networks. BTC is the native token of Bitcoin, while the BCH token fuels the ecosystem of Bitcoin Cash. The appreciation in the price of Bitcoin Cash (BCH) can be attributed to increased trade volumes on the back of the overall positive market outlook. Currently, Bitcoin Cash (BCH) is being traded at $117.

Forked from Bitcoin (BTC) in 2017, Bitcoin Cash (BCH) is a cryptocurrency that aims to provide services of faster payments, micro fees, privacy, and high transaction capacity with big blocks. Payments in Bitcoin Cash (BCH) are made directly from one person to another. Bitcoin Cash (BCH) has established itself as an alternative to Bitcoin (BTC). Bitcoin Cash (BCH) has been launched as a cryptocurrency that is better than Bitcoin for cheap and everyday payments. When it split from Bitcoin, the Bitcoin Cash block size was increased from 1MB to 8MB. It implies that Bitcoin Cash can handle more transactions per second (TPS) at an extremely low cost. While the transaction fee on Bitcoin blockchain is less than $1.00, for Bitcoin Cash it is less than $0.01.

Chronoly.io Investors Pumped Up With 690% Growth During Pre-sale

Proving that a unique business plan and transparent approach is a sure shot to success, Chronoly.io (CRNO) has nearly sold out all its tokens in its pre-sale phase. Decentralising the luxury watch marketplace, Chronoly.io (CRNO) has come up with a first-of-its-kind blockchain-based digital marketplace that trades NFTs of rare collectable watches.

It allows people to make fractional investments in luxury watches and gain partial ownership of them. On Chronoly.io, one can invest as low as $10. People can also own the physical version of a watch by purchasing 100% NFT of any rare collectable timepiece.

All the watch NFTs are backed by real-world assets, i.e. physical version of the timepiece because the NFTs are minted by Chronoly.io (CRNO) only after procuring a physical version of the timepiece. This process grants Chronoly.io (CRNO) authenticity and stability.

Since the NFTs are backed by physically stored luxury watches, investors feel confident while putting their money into Chronoly.io (CRNO). Above all, market records affirm that the prices of luxury watches are renowned for continuously going up.  The whitepaper of Chronoly.io (CRNO) mentions that the watch market can log a profit of $49 billion in the coming years.

The demand for Chronoly.io's CRNO token has reached new heights. Chronoly.io (CRNO) was launched in May 2022, and its price has taken a jump from $0.01 to $0.079 during the pre-sale phase. Furthermore, CRNO is expected to soar by 2,500%-5,000% in the next few months.

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