The crypto market is volatile, and has been especially wild in the last few months. But what does that mean for the future of your investments?
The market is recovering from the bearish phase, and it is a matter of time before it starts to rise.
In July, we witnessed cryptocurrencies such as Fantom (FTM), Algorand (ALGO), and Chronoly.io (CRNO) demonstrating remarkable resilience as they ended the month with good gains.
While plenty of other tokens exist, these three have stayed in power and given a solid future outlook.
In this article, we estimate the future outlook of Fantom (FTM), Algorand (ALGO), and a new token called Chronoly.io (CRNO), which skyrocketed 560% in three months and is still in the presale phase.
Is Fantom (FTM) becoming a phantom?
FTM, the native token of the Fantom blockchain platform, has been trading at $0.38 for the last few days. It has seen a 10% increase in price over the past month and a 5% increase over the previous week alone.
Fantom is a fast, high-throughput open-source innovative contract platform for digital assets and dApps. FTM is currently down 98% from its all-time high of $3.30 recorded in January 2022.
Despite getting hit by negative market performance in 2022, Fantom’s FTM token is up 79% from its all-time low of $0.21 in June 2022. However, it is still down 95% compared to its price at the same time last year.
Though it is hard to predict the price of a crypto token, analysts are not exceedingly optimistic about FTM, and it is expected to end the year flat.
Is Algorand’s ALGO a future multi-bagger?
Algorand is a contract platform that enables developers to build scalable decentralized applications. ALGO is the native token of the ecosystem
The Algorand blockchain’s public version was designed primarily to enable other developers to develop cryptocurrency-powered applications. The platform has several uses, including real estate, copyright, and microfinance.
Although Algorand’s (ALGO) has several qualities for becoming a multi-bagger, the current situation portrays a different story.
Algorand’s token, ALGO, has seen better days. According to Coinmarketcap, its price has dropped more than 51% from its all-time high of $2.32 recorded in September 2021.
Why is Chronoly.io (CRNO) outperforming even in a bear market?
The only thing more exciting than a Rolex watch is owning one for only $10.
With the Chronoly.io (CRNO) token, that’s now possible! Chronoly.io is the world’s first 24/7 watch investment platform that allows anyone to make fractional investments in rare luxury watch collectibles for as low as $10.
Chronoly.io is a platform that enables users to make small investments in luxury watches like Patek Philippe, Richard Mille, and others. Users can purchase fractions of these watches using the Chronoly.io (CRNO) token and maintain ownership of their investment until they decide to sell or redeem it for its physical counterpart.
This business model allows people to buy them at a fractional price and then resell them later when they want more money or upgrade their watch collection with another luxury brand product from the marketplace.
In addition to discounts on trading on the marketplace, holders of the CRNO token can participate in a free monthly lottery to win luxury watches, like Rolex.
The unique business roadmap and practical use of Chronoly.io (CRNO) have made investors bullish.
Chronoly.io was just launched, so it’s still early enough in its development, allowing you to get in at an affordable price. During the last few weeks, 30 million CRNO tokens have been sold, resulting in the price of Chronoly.io (CRNO) to increase by more than 560% in three months.
For more information about Chronoly.io presale
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Socials: https://linktr.ee/chronolyio
