Moonbirds and Azuki Sales Drop While Chronoly.io CRNO Token Keeps on Growing

The crypto market, in recent times, has mainly been driven by the success of Non-fungible token (NFT) projects. Several new NFT projects have entered the market with new concepts. Azuki, Moonbirds, and Chronoly.io are a few of those NFT projects that have been the focus of investors in the last few months.

However, the current market standing of these projects is the opposite. While Azuki and Moonbirds are facing a drop in sales, Chronoly.io has become the favorite among market bulls. Chronoly.io's CRNO token has logged a growth of over 560% in just two months of its pre-sale phase, which has amazed and pleased investors.

Azuki Struggles to Find Its NFT Buyers

Azuki is the NFT Art primarily associated with its collection of 10,000 avatars that are hand-drawn digital samurais and smoking skateboarders. A Los Angeles-based group of artists released it on January 12, 2022.

These avatars have unique characteristics regarding hair, background, clothes, and different wearables. Their uniqueness determines their rarity. Since it was based on anime-themed drawing, a first of its kind, it caught the attention of NFT enthusiasts worldwide.

However, recent sales figures of Azuki's NFT are not encouraging. There was a time when it overcame collections like The Sandbox, NBA Top Shot, Bored Ape Kennel Club, and Axie Infinity. But the trade volume of the Azuki collection has dropped by over $200 million since January.

The two main reasons that have caused a dip in the sales of Azuki NFT are a decrease in the number of transactions and unique buyers of the anime-themed drawing.

Several Similar Projects Hurt Moonbirds' Sales

Whenever the concept of NFTs is discussed, Moonbirds finds a mention. The project is counted as one of the best-performing NFT projects.

Although Moonbirds NFTs have been trading in the green for the last two weeks, its sales have nosedived significantly since April. Several similar NFT projects have caused investors to lose interest in PFP (Profile Picture) NFTs, resulting in loss to Moonbirds as well.

Moonbirds are a collection of 10,000 non-fungible tokens that are pixel-art owls. It was launched on April 16, 2022. Currently, the 10,000 Moonbirds NFTs have been held by 6570 unique owners. It was created as a part of Proof Collective, a private members-only collective of NFT artists and collectors. Moonbirds' success is mainly due to its association with Proof Collective.

The project allows collectors of Moonbirds' NFTs to use pixel-art owls as profile pictures on social media profiles. Moonbirds collectors can also stake NFTs and exercise IP rights over the NFT they own.

Chronoly.io Shines Because of Uniqueness

While a large section of the crypto projects is struggling to survive, Chronoly.io has successfully sustained its growth. Investors are bullish on Chronoly.io's CRNO due to its unique business roadmap and real-world utility.

Chronoly.io is a digital marketplace for luxury watch NFTs. It enables people to make fractional investments in NFTs of luxury watches from brands like Rolex, Patek Philippe, Richard Mille, and others.

Chronoly mints these NFTs of luxury watches after purchasing the physical version of the timepiece. According to Chronoly's whitepaper, holders of the CRNO token will get discounts on trading on the marketplace and entrance into a free monthly lottery where users can win a free luxury watch like a Rolex.

Chronoly.io has gained traction from across the world. Many investors are switching to Chronoly.io for its stable and secured business roadmap. Chronoly's CRNO has grown over 560% since May 2022. Its price has also touched the mark of $0.066, which was just $0.01 at the time of the launch. Moreover, experts believe that CRNO can grow by 2,500-5,000%.

For more information about Chronoly.io presale

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Presale: https://presale.chronoly.io/register

Twitter:https://twitter.com/Chronolyio