The crypto market has been on a bull run for the last two weeks, with several projects posting positive numbers on the growth chart. However, few cryptocurrencies have been unable to keep up their pace in tandem with the market. Therefore, analysts predict that investors will soon switch from loss-making or stagnant cryptos to tokens with bullish performances.
One such case is the investors of Stellar (XLM) and Dogecoin (DOGE). The market performances of Stellar (XLM) and Dogecoin (DOGE) have been below par, and their investors are now shifting to the territory of Chronoly.io (CRNO). Stellar (XLM) Continues Going Down the Hill
Although Stellar (XLM) was successful in taking its price to $0.11 last week following a 14% increase in the weekly chart, it has dipped again, causing investors to worry. Stellar (XLM) dropped by 7.38% in the last week, trading at $0.10, which is about 89% lower than its all-time high of $0.94. Stellar (XLM) reached $0.11 on September 9, but resistance at $0.117 stopped the crypto project from going further. Experts have also warned that the price of Stellar (XLM) can dip to $0.09 soon.
Stellar (XLM) is a blockchain-based platform used for making transactions in different currencies. The price of Stellar (XLM) is directly related to the trade volume on the platform.
Dogecoin (DOGE) Shows No Signs of Recovery
Dogecoin (DOGE) has seen another dip on the weekly chart. Dogecoin (DOGE) has fallen significantly in the last few months, resulting in a speedy erosion of investors’ faith in the project, even though it has a significant market cap. The price of Dogecoin (DOGE) has been hovering around $0.060 for a long time and is showing no signs of gains. Dogecoin (DOGE) fell by 5.22% in the last week, and its price has now come down to $0.060, about 92% below its all-time high of $0.74.
This persistent downfall has made a hole in the pocket of several Dogecoin (DOGE) investors. Dogecoin (DOGE) is a meme coin that was created in 2013. Since the price of Dogecoin (DOGE) is determined by market hype and speculation, it has fallen.
Chronoly.io (CRNO) Pre-sale Success Gives 690% Profit
Being a unique player in the crypto arena, Chronoly.io (CRNO) has become an undisputed champion among the newly-launched cryptos. Chronoly.io’s (CRNO) pre-sale has posted exceptional numbers on the scoreboard. Notably, Chronoly.io (CRNO) investors are up with 690% profit on their investment.
Chronoly.io (CRNO) has democratized the luxury watch market. Chronoly.io (CRNO) is an investment platform that lets people invest in, and own, luxury watches from high-end brands like Philip Patek, Rolex and others starting at just $10. Chronoly.io (CRNO) mints NFTs of luxury watches and makes them tradable on the platform.
Since these watch NFTs are minted by Chronoly.io (CRNO) after procuring physical watches in the real world, the price of CRNO gets the backing of physical assets. It protects CRNO against any unfavorable market winds. Chronoly.io (CRNO) users can also avail loans against their watch NFTs at competitive rates.
Chronoly.io’s (CRNO) early growth figures have established that the project is a long-term profitable investment instrument. The price of Chronoly.io (CRNO) has grown manifold, from $0.01 to $0.079, in just a couple of months, with a potential growth of 2,500%-5,000% in the near future.