As the bear market looks like it’s coming to an end, there’s one question on everyone’s lips: where should I invest in August 2022? There are thousands of projects to pick from, and knowing where to start can be tough. Today, we’ll show you three of the top projects that are worth investing in: Tron (TRX), Cosmos (ATOM), and Chronoly.io (CRNO).
Tron (TRX): a viable Ethereum competitor?
Tron is a decentralized platform that wants to rival traditional tech giants using distributed storage technology by making digital content allocation and ownership easy and cost-effective. Despite a release just four years ago in 2018, Tron has grown to become a household name in the world of cryptocurrency.
Nowadays, Tron is starting to rival Ethereum and is handling more and more transactions every day. According to data from on-chain analytics firm Coin98 Analytics, 3.5b transactions have been processed since its launch in 2018, putting it second to Ethereum in terms of blockchain with the highest transactions.
Tron sits at around $0.069, looking massively undervalued at the moment. If it continues to make strides in the content-maker space and grows as a transaction medium, Tron could soon overtake Ethereum and rocket to new highs.
Cosmos (ATOM) is ready for a breakout
Cosmos, the blockchain interoperability project, is making big moves in the blockchain universe. By allowing blockchains to share information, Cosmos aims to create the ‘Internet of Blockchains’, solving a massive problem in the crypto ecosystem. As one of the premier projects in this space, Cosmos has investors very bullish on its long-term prospects.
Currently, ATOM has been in an uptrend since its low in June, and its price looks ready to break out. Already up over 100% from its low to its current price of $12.06, analysts are calling ATOM a great buy for August 2022.
Chronoly.io (CRNO) offers a new way to invest
A relatively new project but one that crypto experts are most bullish on is Chronoly.io, a token already up 560% in just over three months. Chronoly.io is looking to transform the luxury watch market, which has seen minimal technological disruption in the past few decades.
The Chronoly.io (CRNO) token powers the Chronoly.io project: a decentralized marketplace for users to buy and sell fractional shares in NFTs, backed by real watches held in storage across the globe. These watches aren’t your everyday Casios and Seikos; they’re some of the most expensive watches from brands like Rolex, Audemars Piguet, and Patek Phillipe, and shares in them can be yours for as little as $10.
The global pre-owned watch market is valued at $18b in 2022 and is set to reach between $29b and $32b in the next 3 years. That’s why whales are buying up Chronoly.io (CRNO) rapidly; to broaden their exposure in other markets. The Chronoly.io (CRNO) token itself can be staked for passive income and used for trading discounts, with holders placed into a prize draw to win a luxury watch every month.
Early investors have already seen gains as the price has hit $0.066, up from phase 1 presale prices of $0.01, with over 215m tokens already snapped up by savvy buyers. Now, prices are projected to reach $0.5-$0.75 by the time presale finishes at the end of September, a potentially eye-watering gain of 1000%+.
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
