How to Make Money During the Crypto Collapse with Chronoly (CRNO) and Solana (SOL)

How to Make Money During the Crypto Collapse with Chronoly (CRNO) and Solana (SOL)

Here are two crypto projects, Solana and Chronoly, which have already doubled in price since last week

Most top 20 cryptocurrencies have dropped in value by more than 50% since the beginning of the year, causing a lot of uncertainty across the whole cryptocurrency market. Investors may be spooked after seeing Terra's collapse (LUNA). This article will review two crypto projects, Solana (SOL) and Chronoly (CRNO), which have already doubled in price since last week and are currently in the first phase of their presale.

Why Chronoly (CRNO) Token Could Be The Next Big Trend?

Chronoly.io is a blockchain-based fractional watch investing platform built on Ethereum (ETH) blockchain. The Chronoly token is in its presale stage, and many professionals are enthusiastic about this innovative cryptocurrency. Chronoly (CRNO) links the digital world of NFTs to the real world luxury assets. They do this by authenticating and connecting physical luxury watches like Rolex and connecting the watch to an NFT.

They are the first start-up to back every NFT on their marketplace with an actual physical watch version. In light of recent events like Terra LUNA, investors like the idea of their NFTs and tokens being fully backed by a real tangible asset.

On the Chronoly ecosystem, users can stake tokens to generate a passive income, and trade small fractions of luxury watches just like trading shares in stock.

Analysts worldwide are predicting for CRNO a 2,500% rise before the conclusion of the presale which ends on July 27th. The Chronoly (CRNO) token has risen 100% from its launch price of $0.01. Chronoly might be a promising cryptocurrency to add to your wishlist for investors who like to buy into projects early.

Solana (SOL) Could Bounce Back from These Levels

Solana (SOL) was one of the top-performing cryptocurrencies in 2021. Solana (SOL) ranked 120th in terms of market capitalization and concluded fifth, surpassing heavyweights like Cardano (ADA) and Polkadot (DOT). Solana may not be as well-known or frequently used as Ethereum (ETH), but many in the crypto community realize its potential. The major problems with its rival are now gas fees and transaction latency, however, this may change as Ethereum (ETH) plans to merge Eth1 and Eth2.

The number of Solana (SOL) validators continues to rise, and although it may not be in the hundreds of thousands like Ethereum (ETH), it may be on its way. Solana's (SOL) ecosystem presently houses popular and promising initiatives, with a strong dominance in the NFT and Web3 spaces. Solana (SOL) is designed to be more payment friendly. The introduction of Solana (SOL) Pay may boost the ecosystem's growth and propel it to the top of the list of chains. Crypto pundits believe the price of SOL could retest its all-time high of $258 in the near future, despite the price of SOL retracting by -50% in the last 30 days.

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