The cryptocurrency market has seen another bear market and Shiba Inu (SHIB) has crumbled with the death of meme coins and growth stocks. Investors are seeking safety, which is why Chronoly (CRNO) should be on your radar. Chronoly gives investors an opportunity to invest in rare timepieces in a liquid blockchain marketplace which appeals to investors who want real assets and security. Chronoly gained over 300% over the last week and some analysts predict more gains in the weeks ahead.
Is the Game Up for Meme Coins Like Shiba Inu (SHIB)?
Shiba Inu (SHIB) saw big gains in 2021 as the investment market rode the wave of cheap Federal Reserve money and a Bitcoin bull market. The world’s central banks are now raising interest rates and shutting down the era of growth stocks which is causing investors to gravitate towards tangible assets.
Shiba Inu (SHIB) benefited from the rise in Dogecoin which was also based on hype and Shiba was seen as a better version of a hype coin. As the dust settles on DOGE, the market now realizes that Shiba Inu is nothing more than a merchandise coin that will not see mainstream acceptance anytime soon. The market is highly volatile, so it is very obvious that only tokens that have a project and goals will survive. Here is where Chronoly (CRNO) comes to play.
Chronoly (CRNO) Trashes the Memecoin Theme with 300% Rise
Chronoly (CRNO) has just completed its phase one presale with a 300% gain over the last week and the project should see further gains as the phase 2 sale completes over the next 50 days.
The project gives investors the opportunity to invest in classic watches from world-class watchmakers such as Rolex and Patek Philippe. Timepieces have proven themselves as a reliable investment class over decades and that is important to investors after the latest crypto bear market. Investors want trust and security after the Terra stablecoin problems and Chronoly (CRNO) provides all of that.
As many traditional investors are afraid to get started in digital assets, projects like Chronoly offer them the best of both worlds with a blockchain marketplace in assets that are time-tested.
The ability to take a stake in classic timepieces without having to deal with customs, delivery and physical storage will also appeal to many investors. Chronoly (CRNO) also solves the problem of an illiquid market in timepieces. In the past, sellers would need the help of dealers or auction houses to sell their items and now there will be an active marketplace for digital sales.
The Chronoly (CRNO) project has just entered phase 2 of its presale, and the price has increased from $0.01 to $0.04. Analysts talk about a 5,000% rise when CRNO officially lands on the marketplace, so investors should see this as an opportunity to get involved.
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
