Ripple (XRP) Whales Should Move into Chronoly.io Tokens Due to SEC Lawsuit and Market Sell-Off

Ripple XRP whales were confident in the coin's future and held the price steady at the tail-end of 2021. However, the recent market downturn has pulled the price lower once more to languish around the $0.30 figure. Investors have started to lose faith that even Bitcoin will be the future of money, so Ripple XRP will suffer the same fate once the current lawsuit is over. The majority now expect Ripple to win its lawsuit and see a big price surge in XRP, but maybe that is too easy an outcome to predict and markets rarely reward the easiest analysis.

Big investors are more likely to consider moving into projects like Chronoly.io, which wants to decentralize and democratize the market for investment in luxury timepieces. Early investors already banked a 400% gain, but the project is not yet on the radar of the mainstream crypto community and should see further rallies ahead.

Ripple CEO Touts Acquisitions but Price is Still Flat

The CEO of Ripple, Brad Garlinghouse, has said that the company will look at further mergers or acquisitions in the future. The CEO also said that they will invest in projects and even consider an IPO if they win the SEC case. In reality, Garlinghouse is telling investors that their dream of dominating the world of cross-border transfers is unlikely to bear fruit, especially in the near term. The hopes of big gains in the coin after the lawsuit may fade as investors no longer want to buy into hype projects without real developments and use cases to back them.

Garlinghouse also said that many cryptocurrencies will go bust in a recent interview with CNBC. "One of the effects of what we've seen last week with the Terra issue is we're at the stage where basically there are far too many blockchains out there, too many tokens. And that's confusing users. And that's also bringing some risks for the users." That is a real issue for projects now and investors want something tangible if they are to entrust it to a growth project.

Chronoly.io Provides a Tangible Investment Opportunity

Chronoly.io is a project that actually provides investment in tangible assets and a real-world solution to problems which was supposed to be the original plan for cryptocurrencies. Chronoly.io is offering a blockchain-based marketplace for investors to buy fractional shares in rare and exclusive watches. The project has already rewarded investors with a rally from $0.01 to $0.05 and the team behind the project is due to announce further developments in their roadmap.

Chronoly.io knows that watches have long been a trusted investment class for the ultra-rich and the project's plan is to provide much-needed liquidity and democratize the market with fractional investment via NFTs.

Users will be able to trade small shares of NFTs that are backed by the real version of the watch, for example, a user could purchase $20 in a Rolex Daytona as the price of the real watch moves up or down in value so does the NFT.

There are a number of benefits to being an investor in the Chronoly native token CRNO which include, staking your tokens for passive monthly income, free entry into a monthly watch lottery, and discounts on trading and storage fees. Analysts within the crypto community remain bullish on the potential of the project and have added price targets of 2,500% in the near future.

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Twitter: https://twitter.com/Chronolyio