On the other hand, the
luxury-watch-backed asset token, Chronoly.io (CRNO), has stunned risk-averse
investors with its skyrocketing listing gains. Previously, the CRNO token had
also been in the news for growing over 690% in price during its presale. Also,
the tokens sold out before Chronoly’s presale concluded. Let’s understand what
investors can expect from these tokens in the coming months.
Helium (HNT) could partially get
delisted from Binance
HNT is the native token of the
Helium platform: a blockchain-powered network of IoT (Internet of Things)
devices. The Helium network uses nodes as hotspots that connect wireless
devices. Launched in July 2019, Helium (HNT) soon grew into a crypto-unicorn
that allowed low-powered wireless devices to communicate and share data across
nodes. The HNT token is presently trading at $4.58, which is 91.67% less than
its all-time-high price of $55.22 (November 2021).
In the previous week, Binance
announced in a blog post that the platform would partially delist trading of
two HNT pairs. Users would be unable to trade HNT tokens for BTC and two other
coins. This step resulted from poor revenue and misleading marketing at
Helium’s parent company. Moreover, Helium abandoned its native blockchain last
month to move to the Solana blockchain.
The announcement shook members of
the Helium (HNT) community, who, in response, peppered the Binance
representatives. However, Binance is known to delist trading pairs for many
reasons, and HNT will have to face the brunt of this decision. Only time will
tell on the consequences for the price of the HNT token.
Chronoly’s listing gains have
stunned investors
The luxury-watch-based NFT token, Chronoly.io
(CRNO), has been in the news for outshining every other crypto project of 2022.
The asset-backing feature and practical utility of the CRNO tokens have grabbed
investors’ attention, especially when the entire crypto market seems to be in
the red. The third phase of Chronoly.io (CRNO)’s presale was to end in September
2022. The token gained a whopping 690% through its presale, which concluded
earlier than expected, as all CRNO tokens were sold out.
Alongside being the native token of
the Chronoly.io platform, CRNO will also offer various special discounts and
benefits for token holders. CRNO holders benefit from a 30% discount on
membership fees, storage fees, and transaction fees. Users can redeem physical
luxury watches against the NFTs/tokens they hold on the Chronoly.io platform.
With a prime focus on trading and investing in luxury-watch NFTs and tokens,
Chronoly will also enable investors to access credit facilities, at competitive
rates, against their watch investments. The utility and benefits offered by the
platform have surprised the investors.
Launched on October 6 on Uniswap,
the token is tipped to soon surge to $3. Analysts have predicted the CRNO price
to hit as high as $8 in the upcoming months. Moreover, investors can now stake
the CRNO tokens to earn a passive income of approximately 18.6% APY. To promote
CRNO’s launch, Chronoly.io is also conducting regular
lotteries that are free to enter. Token holders will have the opportunity to
win a free Rolex. Overall, the promising rewards on offer by holding the CRNO
token has enticed investors and experts who are confident in the success of Chonoly.io.
For more information
about Chronoly.io
Website: https://chronoly.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio