Three Coins to Hold in Your Portfolio: Polygon (MATIC), Solana (SOL) and Chronoly (CRNO)

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Published: 2022-06-13
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There is a possibility that the cryptocurrency market will not return in the same manner that it has in the past. As investors search for safe investments, the market could experience a decoupling of the greatest cryptocurrencies. As a result of the spike in inflation, the period of easy liquidity and risk investment is ended, and the only projects that will lead the way are those with significant developments and use cases. Polygon (MATIC) has been putting together a solid track record of innovations, while Solana (SOL) is able to brush off recent issues and make use of its lightning fast blockchain.

Another potentially fruitful avenue lies with the upstart company, which aims to make the market for luxury watch ownership more accessible to the general public. The Chronoly ecosystem and its native token, CRNO, provide a trading platform for non-fungible tokens in addition to staking and lending functionality. In addition to this, new investors are eligible for prize drawings and member advantages, such as a referral program that offers a 10% bonus.

The Polygon (MATIC) Corporation Expects to Form Partnerships with Circle and Zoop.

Polygon (Matic) has recently been aware of several new developments, one of which is the release of a celebrity trading card game that will be supported on the blockchain. The platform will be known as Zoop, and it will provide users with the ability to purchase, sell, collect, and exchange 3D playing cards depicting celebrities.

The revelation that Circle, the company that issues the USDC stablecoin, will now incorporate Polygon USDC into its payments system was another factor that helped Polygon. In the future, investors will have a simpler time exchanging their fiat currencies for Polygon (MATIC) because to this development.

Another Major Casualty on the Defensive Front Is Solana (SOL).

With a price increase of 25 percent, the cryptocurrency known as Solana (SOL) has managed to pull itself up from the depths of the recent crypto bad market. That still puts the coin at a price that is 80 percent lower than its all-time high, which was set the previous year. Investors who are interested. With a pace of 2,700 transactions per second, the Solana blockchain is the fastest one currently available. Because of its cheap transaction costs, limited capacity for chain congestion, and lightning-fast processing times, Solana has the potential to outperform a great number of other initiatives. OpenSea and a few other NFT platforms recently gave their blessing to move forward with the project. Because of this, the project will come out ahead when the next rally in NFT pricing occurs.

Chronoly (CRNO) Provides Advantages in Both the Online and Offline Worlds was intended to bridge the gap between luxury timepieces and non-fungible tokens (NFTs). It was built on the Ethereum network. Investors don't have to worry about the high barriers to entry that come along with owning a luxury watch thanks to; instead, you can simply own a fraction of the watch by purchasing its NFT. This eliminates the need for investors to worry about the high costs associated with owning a luxury watch.

Instead of being a project focused on hype and the world of celebrities, the project is introducing something new to the crypto markets by giving tokens and NFTs that are linked to real-world assets. This will be accomplished by offering tokens and NFTs that are tied to real-world assets.

Users of the marketplace have the ability to exchange non-fungible tokens (NFTs) that are backed by exclusive luxury timepieces that are stored in a safe location. Smaller portions of the NFTs, which may be traded like stocks and are backed by timepieces from companies such as Patek Philippe, Rolex, and Audemars Piguet, can also be split up and sold separately. Users will also have access to staking and lending with the Chronoly (CRNO) token. The asset-backed option will appeal to traditional investors and help bring them into the cryptocurrency markets.

Solana (SOL) is a cryptocurrency that provides NFTs, however it may have difficulty overtaking Ethereum as the market leader because Ethereum has held this position for a longer period of time. If Ethereum is successful in completing the version 2 Merge update, it will catch up to Solana in terms of transaction costs, transaction speed, and congestion. Chronoly (CRNO) has the advantage of being able to operate on different blockchains, in addition to being a pioneer in a specialized field within the world of cryptocurrencies. This presents an opportunity for early investors to make significant gains from a coin whose price has lately increased by 400 percent, from $0.01 to $0.05.