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Polygon (MATIC) has seen its price stumble from almost $3.00 to $0.58 in the recent crypto bear market but the project got a recent boost from carbon neutrality moves. Dogecoin (DOGE) has also seen its value tumble, but the coin has hope for a Twitter deal with Elon Musk. The current bear market has the potential to drag on for a year while the market finds its feet, but 2023-2025 can be good for crypto.
Chronoly.io has bucked the bear market with a 400% rally in its presale. This new project could potentially reward investors with huge gains over that time period as it blasts into the mainstream and completes its roadmap. Chronoly.io has created a platform for decentralized fractional watch trading that can revolutionize the sector with NFTs and multi-chain technology.
Polygon (MATIC) has seen its market cap collapse from $20 billion to only $4 billion in the crypto downdraft. The project has suffered as speculative money fled the scene, but the project is still moving ahead with its plans. One of the recent goals for MATIC was to make the project carbon neutral. In a recent blog post, the project announced a partnership with KlimaDAO. Polygon has bought $400,000 worth of carbon credits, which is equivalent to 104,000 tonnes of greenhouse gas. This matches the entire carbon usage of MATIC since its inception in 2019. This will make Polygon more acceptable for institutional investment. MATIC is into oversold territory. A reasonable projection for the coin in 2025 could be around the $6-8 mark based on a technical outlook.
Dogecoin (DOGE) could be in for a price boost after the Twitter board unanimously approved his deal for Twitter. That means that the Tesla CEO is much closer to a $44bn deal for the social media company. Musk has already stated in a leaked memo that the Tweet platform will use crypto payments and that could see a place for Dogecoin. The tech guru has recently reaffirmed his support for DOGE and that looks like the driver of a future real use case for DOGE, possibly as a tipping token within the platform. DOGE has a market cap of $8 billion presently. With Twitter's user base of 190 million, a $10 investment by each user in DOGE would be $1.9 bn. It is hard to predict the use case, but DOGE could be at $1-1.50 in 2025 if investors return.
Chronoly.io has the opportunity to move first into the market for luxury watch investing on the blockchain. It is unknown whether Dogecoin (DOGE) will have a big part to play in Twitter but Chronoly (CRNO) has no competition with a unique idea in a proven investment market. Rare watches have outlasted recessions and inflations in the past and are still in demand by the world's wealthy. Chronoly (CRNO) is actually opening the door to smaller investors due to fractional investing. A timepiece could be split between 5 different investors for example. Despite the "crypto winter" traders are bullish on the Chronoly CRNO token because of its utility and real-world value, with some analysts putting price targets of up to 2,000% within the next coming months.
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
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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.
