The metaverse sector is currently ruling the crypto world, thanks to the fast popularity of NFTs. NFTs are considered the future of crypto. By the end of 2021, dozens of tech companies are already leveraging the metaverse to create innovative breakthroughs. As a result, efforts to revolutionize gaming platforms, virtual reality devices, as well as hundreds of branded patents are gaining momentum.
Let’s dive into how Chronoly.io, a major entrant into the watch investment space, gained over 400% while both Stellar (XLM) and Polkadot (DOT) suffered major setbacks.
Chronoly (CRNO) – Entering The New Era of Watch Ownership
Currently, in its pre-sale phase, Chronoly.io is projected to increase significantly in the coming weeks. Chronoly.io is a blockchain-powered decentralized marketplace where you can buy, sell, and authenticate luxury watches made by renowned brands like Rolex, Patek Philippe, Richard Mille, Audemars Piguet and many more.
Each NFT listed on the Chronoly marketplace is backed by the physical watch that’s insured and stored in their depositary vault. With as little as $10, you can own a fraction of any watch of your choice. The team behind Chronoly plans to partner with a wide range of metaverse games, a move that will allow users to wear their digital watches on their avatar in the metaverse.
Chronoly has a utility token with the ticker $CRNO. You can use the token to get discounts on trading fees and use the tokens to generate a passive income from staking. The Chronoly token currently trades at $0.05, a 400% increase in value from its pre-sale starting price of $0.01. Many analysts believe the project has huge potential to become a big cap token shortly, only time will tell.
Where Next For Stellar (XLM)?
In the last 24 hours, Stellar (XLM) has suffered a major price drop, dropping over 10% to join other tokens that have plummeted in the wave of a market downturn. With over 25 billion Stellar (XLM) coins in circulation, analysts wonder what’s next for the token. Stellar (XLM) is an innovative token with a wide range of use cases, providing value transfer between assets. It’s also an open-source and 100% community-focused network. Its native currency Lumens is rapidly growing and gaining massive attention across the world.
Stellar (XLM) coins support smart contracts and let users send and receive different assets over their network using Lumens. Based on proof of work, the one similar to BTC, XLM doesn’t support mining. As soon as the Stellar network became operational in 2014, over 100 billion Lumens were created to pave way for massive adoption. The assets were subjected to annual inflation of around 1%.
The community later decided to raise the number of Lumens in circulation to 50 billion to abolish the inflation. For this reason, the Stellar Development Foundation uses half of the 50 billion tokens to support the project’s ecosystem while the other half is in the market.
Polkadot (DOT) Test Network Kusama (KSM) Falters Despite Surprise Coinbase Listing Announcement
Recently, the team at Polkadot (DOT) announced that the project canary test network, Kusama, has been down by over 13% despite the listing of the token on Coinbase. Last week, Coinbase announced that it will soon support KSM once liquidity conditions are met or exceeded. However, despite the good news, the prices of both Polkadot DOT and Kusama KSM have not improved.
Kusama is a canary network for Polkadot where developers can run their experiments. It supports all Polkadot-related projects and welcomes innovative initiatives. Polkadot (DOT) can connect a wide range of blockchains into a single unified network, enabling developers to send and receive different data or assets. For developers, Kusama KSM is the perfect network for runtime upgrades, parachains, and on-chain governance.
For more information on the Chronoly.io presale visit:
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
The post Chronoly.io Token Up 400%, Stellar (XLM) And Polkadot (DOT) Loose Traction appeared first on .
The metaverse sector is currently ruling the crypto world, thanks to the fast popularity of NFTs. NFTs are considered the future of crypto. By the end of 2021, dozens of tech companies are already leveraging the metaverse to create innovative breakthroughs. As a result, efforts to revolutionize gaming platforms, virtual reality devices, as well as hundreds of branded patents are gaining momentum.
Let’s dive into how Chronoly.io, a major entrant into the watch investment space, gained over 400% while both Stellar (XLM) and Polkadot (DOT) suffered major setbacks.
Chronoly (CRNO) – Entering The New Era of Watch Ownership
Currently, in its pre-sale phase, Chronoly.io is projected to increase significantly in the coming weeks. Chronoly.io is a blockchain-powered decentralized marketplace where you can buy, sell, and authenticate luxury watches made by renowned brands like Rolex, Patek Philippe, Richard Mille, Audemars Piguet and many more.
Each NFT listed on the Chronoly marketplace is backed by the physical watch that’s insured and stored in their depositary vault. With as little as $10, you can own a fraction of any watch of your choice. The team behind Chronoly plans to partner with a wide range of metaverse games, a move that will allow users to wear their digital watches on their avatar in the metaverse.
Chronoly has a utility token with the ticker $CRNO. You can use the token to get discounts on trading fees and use the tokens to generate a passive income from staking. The Chronoly token currently trades at $0.05, a 400% increase in value from its pre-sale starting price of $0.01. Many analysts believe the project has huge potential to become a big cap token shortly, only time will tell.
Where Next For Stellar (XLM)?
In the last 24 hours, Stellar (XLM) has suffered a major price drop, dropping over 10% to join other tokens that have plummeted in the wave of a market downturn. With over 25 billion Stellar (XLM) coins in circulation, analysts wonder what’s next for the token. Stellar (XLM) is an innovative token with a wide range of use cases, providing value transfer between assets. It’s also an open-source and 100% community-focused network. Its native currency Lumens is rapidly growing and gaining massive attention across the world.
Stellar (XLM) coins support smart contracts and let users send and receive different assets over their network using Lumens. Based on proof of work, the one similar to BTC, XLM doesn’t support mining. As soon as the Stellar network became operational in 2014, over 100 billion Lumens were created to pave way for massive adoption. The assets were subjected to annual inflation of around 1%.
The community later decided to raise the number of Lumens in circulation to 50 billion to abolish the inflation. For this reason, the Stellar Development Foundation uses half of the 50 billion tokens to support the project’s ecosystem while the other half is in the market.
Polkadot (DOT) Test Network Kusama (KSM) Falters Despite Surprise Coinbase Listing Announcement
Recently, the team at Polkadot (DOT) announced that the project canary test network, Kusama, has been down by over 13% despite the listing of the token on Coinbase. Last week, Coinbase announced that it will soon support KSM once liquidity conditions are met or exceeded. However, despite the good news, the prices of both Polkadot DOT and Kusama KSM have not improved.
Kusama is a canary network for Polkadot where developers can run their experiments. It supports all Polkadot-related projects and welcomes innovative initiatives. Polkadot (DOT) can connect a wide range of blockchains into a single unified network, enabling developers to send and receive different data or assets. For developers, Kusama KSM is the perfect network for runtime upgrades, parachains, and on-chain governance.
For more information on the Chronoly.io presale visit:
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
The post Chronoly.io Token Up 400%, Stellar (XLM) And Polkadot (DOT) Loose Traction appeared first on .