The cryptocurrency market has rattled investors with another bear market and the days of rewarding coins based on hype could be over. Investors want real-world progress and assets, and we see three coins that have potential in Tron (TRX), Stellar Lumens (XLM), and Chronoly (CRNO).
The latter gained over 400% over the last week and some analysts predict more gains in the days ahead. The hype around these coins is growing from day to day, so make sure to be quick and don’t be late to the party!
Tron (TRX) Sees Investor Interest Growing
Tron (TRX) has been one of the best-performing coins of May as the project sees its DeFi credentials growing. According to Whale Alert, large investors have taken a big interest in the Tron TRX token. Whale wallets purchased over $200 million worth of TRON (TRX) tokens in a 24-hour period and that can lead to further gains. The biggest draw for investors has been the USDD stablecoin as investors seek a new safe haven after the mess of the LUNA coin.
Remittance Market Beckons for Stellar Lumens (XLM)
Stellar Lumens and its XLM coin could move fast in 2022 after the company signed a deal with MoneyGram. The remittance market (sending cash to friends and family abroad) is worth billions per year and MoneyGram chose Stellar (XLM) to lead its charge and change the way we send money. The all-time high is near $0.90 in XLM and the coin came close to $0.75 in 2020. The latest partnership could be the fuel that Stellar (XLM) needs to kickstart a revival and reward investors. Stellar (XLM) currently trades at $0.14 and would need a move of around 5x to get back to the 2020 highs.
Chronoly Soothes Investor Fears with Big Rally
Chronoly (CRNO) is trading at $0.04 as the coin completes its phase 2 sale in the next 50 days.
The project gives investors the opportunity to invest in classic timepieces from the top watchmakers such as Rolex and Patek Phillipe. Timepieces have proven themselves as an investment asset over decades and that is important after the crypto market has been rattled by trust issues.
Another driver of Chronoly (CRNO) gains in the future will be the fact that many traditional investors are afraid to dip their toes in the water of digital assets. Chronoly (CRNO) solves that problem with asset-backed investment in items that have stood the test of time against war and inflation. The ability to hold a stake in classic timepieces, without having to deal with customs, delivery and physical storage will appeal to many investors. The project has just entered phase 2 of its presale, and the price has increased from $0.01 to $0.04. Analysts talk about a 5000% rise once CRNO officially releases, so be quick and don’t be late!
Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio