These cryptos are all trading under $1 presently and are making waves in the market. Let's take a look at each of them.
Cardano (ADA) is a public Blockchain platform similar to Ethereum, on which developers can create Decentralized Apps (dapps) and smart contracts. It is fairly new, yet one of the biggest Defi protocols to operate the power-efficient mechanism, Proof of Stake (PoS). As a result, thousands of contracts and projects are making their home on The Cardano (ADA) network. (ADA), Cardano's crypto token, is trading around $0.54 at the moment.
Algorand (ALGO) is another BlockChain to look out for. Hailed as Ethereum-killer, the Defi protocol runs proof of stake transactions at a speed that leaves the giant, Ethereum, in the dust. The Algorand (ALGO) blockchain processes transactions at least 6-8 seconds faster. Crypto Analysts speculate that although it is not as big yet, it might be a strong competitor for Ethereum. Algorand's token (ALGO) is currently trading at $0.40.
Finally, the presale gem Chronoly (CRNO). The first of its kind, it is a luxury watch marketplace based on BlockChain. Chronoly is taking the 49billion dollars exclusive marketplace and opening it up to the average investors through fractional NFTs.
Users can invest in NFTs backed by real-life luxury watches at fragmented values of as low as $10. They can trade these fractions on Chronoly's secondary marketplace or any third-party NFT marketplace based on the Ethereum BlockChain. Chronoly NFTs can be used as collateral for lending, held as a collectible on the Metaverse, and can also be used as proof of authenticity and ownership.
A clearer understanding of Chronoly's attraction.
The revolutionary marketplace is solving many problems facing the Luxury Watch Market, which is fast making it a market favorite. At the same time, it is providing crypto investors with an investment option that can withstand the volatility of the crypto space. For instance:
- The NFTs Chronoly (CRNO) is selling, have real-life watches backing them. Because investors can buy NFTs in fractional values, they can choose to vary their investments by purchasing fractions of different watches.
- In the luxury watch marketplace, counterfeits have always been a major issue, losing investors millions of dollars. Chronoly's BlockChain technology circumvents such issues by third-party expert authentication of all their watches. Added to this, they check the watches against international and local lost and stolen records.
- Before, Owners of rare timepieces like Rolexes and Piguets often locked them away since they had no liquidity. However, Chronoly's lending protocol enables NFT holders to borrow against their fragmented portions of these assets.
The Chronoly token (CRNO) is on a 90 days Presale right now, trading at $0.01
These 3 tokens, Cardano (ADA), Algorand (ALGO), and Chronoly (CRNO) are some of the hottest cryptos on the market trading under $1. Investors would do well to take advantage of these lucrative investments.
For more information on the Chronoly presale:
Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio