ApeCoin’s Metaverse Sinks and Ripple Eyes Comeback While Chronoly Scripts Historic Growth

The last few months have been tumultuous and uncertain for all the cryptocurrencies. The crypto market suffered its worst phase, and many cryptocurrencies are barely surviving. Yet, there are a few projects that are trying to bounce back. Meanwhile, there are also some rare gems in the crypto market that are growing at a supersonic speed. ApeCoin (APE), Ripple (XRP), and Chronoly.io are examples of such projects.

While ApeCoin (APE) has witnessed a steep fall, and Ripple is pushing hard to make a comeback, Chronoly (CRNO) has been cruising in the ocean of profit. Chronoly’s pre-sale has scored big by growing 690% in just a few months.

ApeCoin Faces Stagnancy in Trade Activities

ApeCoin (APE) is linked to the Bored Ape Yacht Club NFTs, which is one of the most successful NFT projects in the market. ApeCoin (APE) is the default currency for all things related to the Bored Ape community. However, the price of ApeCoin (APE) has sunk drastically. From its all-time high of $27.50, ApeCoin (APE) has dropped about 82% since April this year. During the last week, ApeCoin’s price has nosedived 26.57%, and currently, it is trading at around $5. The fall in APE’s price can be attributed largely to the market crash as the token’s price depends highly on the trade volume, which suffered a huge blow by the market downfall.

ApeCoin is an Ethereum-based token used within the APE ecosystem. ApeCoin (APE) is developed by Yuga Labs. This 10,000-NFT collection comprises apes that look bored. You can choose these apes based on their features.

Ripple Posts Growth For Comeback

The price of Ripple’s XRP is correlated with the price of Bitcoin (BTC). Therefore, Ripple’s XRP has also been dwindling in the past few weeks as Bitcoin (BTC) has struggled to find a balance and remain in the green zone. However, the price of Ripple’s XRP rallied by over 15% in July, indicating strength and growth.

Ripple’s XRP is a cryptocurrency designed to facilitate the cross-border and cross-platform transfer of funds. Ripple’s XRP aims to provide a faster, cost-effective, and scalable digital asset to simplify payments. XRP is the native crypto of the Ripple network. Ripple’s USP is that it facilitates exchanges for various fiat currencies and cryptocurrencies, mainly Bitcoin.

Chronoly’s Historic March Continues

Chronoly.io (CRNO) is a blockchain-based digital marketplace where people can make fractional investments in NFTs of luxury watches. The watches against which NFTs are minted by Chronoly (CRNO) belong to luxury brands like Rolex, Patek Philippe, Richard Mille, and others.

Chronoly (CRNO) purchases a physical version of rare collectable watches and stores them in secured vaults before minting NFTs against them. Chronoly also shares the data with CRNO holders for the authentication and verification of the watches. Since Chronoly’s NFTs are backed by physical rare collectable watches stored in the real world, the price of CRNO is has been tipped to remain stable and keep growing because luxury watches are one of those few products that are uncorrelated to the stock markets.

On Chronoly.io, people can purchase watch NFTs for as low as $10. Holders can also stake their CRNO tokens to generate some passive income. Besides, the platform offers a lending protocol and exclusive discounts on transaction fees, among other benefits to its users.

Chronoly.io has received appreciation from investors worldwide. Many investors are creating space in their portfolio by removing risky and uncertain cryptos to include Chronoly in their investment list. Chronoly’s CRNO has risen by 690% since its launch in May this year. Its price has now touched $0.079. Analysts predict that CRNO can grow by another 2,500%-5,000% soon.

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

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