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Aave (AAVE), Tezos (XTZ), and Chronoly.io (CRNO): three crypto tokens to keep your eyes out for this winter

Bitcoinist
by Bitcoinist
Last Updated: October 11, 2022 5:55 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

If you hear the word investing, what do you think of? A world where everything is perfect, and everyone is happy or a bleak and dark future where everyone is miserable, with no hope of ever being satisfied?

If your answer is the former, this article is for you.

The crypto market has been volatile recently, but what does that mean for the future of your investments? The market has been recovering from the bearish phase, and it is only a matter of time before it starts to rise again.

Aave (AAVE), Tezos (XTZ), and Chronoly.io (CRNO) have demonstrated remarkable resilience during this period, and they have a solid future outlook. Chronoly.io (CRNO), after a phenomenal presale phase, is completely nearly sold out.

Let’s review their outlook by looking at what happened to these tokens during the market crash and how these tokens showed remarkable resilience.

Is Aave (AAVE) a potential multi-bagger?

The decentralized finance protocol, Aave (AAVE), has been hit by the market downturn of 2022, but it hasn’t stopped the platform from growing.

The Aave token is a governance token, so it’s not just about liquidity — it’s about how much influence you have over the platform’s future development. AAVE token holders can earn dividends in stablecoins and also contribute to Aave’s governance decisions.

As we move into 2022 and beyond, experts believe that there will be more growth for Aave (AAVE) because of its unique ability to provide discounted fees, access to liquidity pools for lenders and borrowers, and its ability to offer a wide range of stablecoins to users who want to earn interest on their deposits.

Despite getting hit by negative market performance in 2022, Aave’s native token, AAVE, has regained its 3-month price of $115, but the 3 -month return on investment is a meagre 1%, while it’s down 71% since last September 2021.

What makes Tezos (XTZ) different?

Tezos’ protocol has the qualities that make it different from the rest of the tokens. Here are three reasons why you should still consider buying Tezos (XTZ) tokens:

  • Tezos network is based on smart contracts, which means it can evolve and improve over time without the danger of a hard fork like Ethereum suffered from earlier this year.
  • People who hold XTZ can vote on proposals for protocol upgrades that Tezos (XTZ) developers have put forward.
  • XTZ has already survived one bear market; It can survive another, too!

Despite these differentiators, it’s no secret that Tezos (XTZ) has been struggling lately. Its native token is down more than 74% from its all-time high of $6.69, which it hit in September 2021.

Why are investors gung-ho about Chronoly.io (CRNO)?

When it comes to luxury watches, there are two important things you need to know:

  • They are expensive.
  • They are worth it.

However, before Chronoly.io (CRNO), not everyone could afford luxury watches. But Chronoly.io’s (CRNO) token lets anyone own a small piece of a rare watch collectible for as little as $10.

Chronoly.io (CRNO) is a platform that enables users to make small investments in rare luxury watch collectibles like Patek Philippe, Richard Mille, and others.

Users can purchase fractions of these watches using Chronoly.io’s (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 who can’t afford one of these watches to buy them at a fractional price and resell them or upgrade their watch collection with another luxury brand product from the Chronoly.io (CRNO) marketplace.

Besides getting discounted trading fees on the market, holders of the Chronoly.io (CRNO) token can participate in a free monthly lottery to win luxury watches like Rolex.

Chronoly.io (CRNO) saw its price rise from $0.001 to $0.079, growing 690% during its presale phase, which is now nearly sold out. According to analysts, Chronoly.io (CRNO) could grow by another 5,000% in the coming months.

Chronoly.io (CRNO) is still early in its development phase, which allows investors to get in at an affordable price and reap future benefits.

Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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