Press release
PRESS RELEASE. Investors in many crypto projects have lost trust after the recent market crash. The crash has prompted investors to reconsider the purpose of investing in digital currency. For cryptocurrency investors who have put money into crypto currencies, the impact of the crash was more serious. Theme CoinsShibu Inu, (SHIB) and Dogecoin(DOGE), have seen their market caps drop by more than 50% in the past two years.
It is noteworthy that investors are more willing than ever to make investments in tokens which have proven worthy during these difficult times. Investors are switching sides, shifting from meme coins to utility tokens that actually work in the real world. Chronoly.ioThis has allowed it to not only stand firm, but have also grown at a rapid pace.
Chronoly.ioIt performed extraordinarily well throughout its tenure pre-saleIt is Up to 560%Its launch. Many analysts also predicted the success of this project. Chronoly.io native symbol CRNOCould increase by another 2,500%The next few months will be even more exciting.
Why are popular meme coins such as Dogecoin and Shiba Inu (SHIB), losing ground to Chronoly.io instead? Why is Chronoly able to gain a huge number of investors in these difficult times, too?
Dogecoin or Shiba Inu have no tangible utility
Dogecoin, Shiba Inu and other meme coins are mostly used for pranks or jokes. They are not supported by any real-world assets and do not have legitimate digital products. They are dependent on speculation and virtual conditions for stability. Their value will plummet if there is no real backing, even if they are a rumour. Thus, Dogecoin’s DOGE has fallen over 80% from its all-time high (ATH) value registered in May 2021, while Shiba Inu’s SHIB is below 65% from its ATH in the last few months.
Dogecoins and Shiba Inu have no practical use, so they pose significant risks to investors. Many investors don’t hold onto their investments in cryptos like Shiba Inu and Dogecoin for very long as they have no practical utility. Dogecoins and Shiba Inu are losing ground, and their holders are switching to crypto projects like Chronoly.io.
Chronoly.io uses trust-based utility-backed processes
Chronoly.ioIn a difficult time for most cryptocurrency tokens to survive, has emerged as the shining star of the cryptocurrency marketplace. Chronoly.ioThe world’s first Blockchain-based Marketplace where users can NFTs can be traded fractionallyLuxury watches are protected by the physical copy of the watch, which is kept and insured in a vault. The most important characteristic of Chronoly.io, however, is its ability to address the trust problem that many other cryptocurrency, particularly the memes, have.
Unlike Dogecoin and Shiba Inu, Chronoly’s CRNO token has tangible utility. Chronoly.io issues NFTs. These watches are backed up by genuine-world, physical luxury watchesLike Richard Mille and Rolex, they are kept in vaults around the world. Chronoly.io allows investors to purchase fractions of luxury watches for as low as $10 Investors can purchase all of the watches NFTs, and they can redeem these to obtain the real piece. Chronoly.io shares data with all its users in order to prevent fraud or counterfeiting. This type of utility-backed transparent process strengthens investors’ sentiments.
Why investors might switch from Shiba Inu and Dogecoin to invest
Dogecoin, Shiba Inu and other cryptocurrency platforms operate on speculation and hype. Investors are therefore left in uncertainty about the return of their investments. Chronoly.io on the other side offers several forms of investing.Real-world applicationThis provides investors security, stability, transparency, and a feeling of safety.
With Chronoly.ioInvestors are confident that their digital asset will only rise or fall in line with real-world watches. Investors are now leaving Dogecoin, Shiba Inu and other meme coin-related projects and focusing their money on more transparent, stable and convincing projects.
Dogecoin has seen a slight increase in Shiba Inu’s and Dogecoin’s shares. Chronoly.io, which launched its presale May 1, is now up 5600% and trading at $0.066. Can we expect to see Shiba Iu and Dogecoin posting double-digit gains every day like last year? We will have to wait and see.
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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