Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly

2 years ago

PRESS RELEASE. The caller cryptocurrency marketplace clang has shaken the spot of investors successful respective crypto projects. Investors are prompted to rethink and reevaluate the cardinal purpose of integer currencies they person invested in. In fact, the clang has proved to beryllium much terrible for cryptocurrency enthusiasts who enactment their wealth successful meme coins similar Dogecoin (DOGE) and Shibu Inu (SHIB), which person mislaid their marketplace headdress by implicit 50% recently.

However, it is notable that portion investors person go skeptical of immoderate cryptocurrencies, they are present much than consenting to put successful tokens that person proved worthy successful these challenging times. Investors person been switching their sides from the meme coins to real-world inferior tokens similar Chronoly.io, which has not lone stood steadfast but has besides been increasing astatine a accelerated pace.

Chronoly.io has performed exceptionally good during its pre-sale and is up by 560% since its launch. Besides, respective analysts person predicted that the Chronoly.io autochthonal token CRNO could emergence by different 2,500% successful the coming months.

So, wherefore are meme coins similar Dogecoin (DOGE) and Shiba Inu (SHIB) losing their crushed to Chronoly.io? Why has Chronoly been palmy successful gaining a monolithic fig of investors during these trying times arsenic well?

Dogecoin and Shiba Inu bash not person immoderate tangible utility

Meme coins similar Dogecoin and Shiba Inu are associated with lone pranks and jokes, and are not backed by real-world assets oregon immoderate morganatic integer products. Their worth and stableness beryllium connected virtual conditions, particularly speculation. Hence, if the hype astir them subsides, their worth is bound to nosedive successful the lack of immoderate real-world backing. Thus, Dogecoin’s DOGE has fallen implicit 80% from its all-time precocious (ATH) worth registered successful May 2021, portion Shiba Inu’s SHIB is beneath 65% from its ATH successful the past fewer months.

Since they bash not person immoderate applicable utility, Dogecoin and Shiba Inu entail important fiscal risks. Moreover, galore investors bash not clasp their concern successful these cryptos for agelong due to the fact that Dogecoin and Shiba Inu bash not person immoderate applicable use. This is the main crushed wherefore Dogecoin and Shiba Inu person been losing their crushed and holders to crypto projects similar Chronoly.io.

Chronoly.io works connected trust-based utility-backed process

Chronoly.io has emerged arsenic a shining prima successful the cryptocurrency marketplace during a clip erstwhile astir integer tokens are uncovering it hard to survive. Chronoly.io is the world’s archetypal blockchain-based marketplace wherever users tin trade fractional NFTs successful luxury watches, which are backed by the existent carnal mentation of the ticker which is stored and insured successful a depositary vault. However, the astir important diagnostic of Chronoly.io is that it addresses the spot contented that astir different cryptocurrencies, particularly the meme coins, are plagued with.

Unlike Dogecoin and Shiba Inu, Chronoly’s CRNO token has tangible utility. Chronoly.io mints NFTs that are backed by real-world carnal luxury watches, similar Rolex and Richard Mille, which are stored successful vaults crossed the globe. Investors, done Chronoly.io, tin acquisition a fractional portion of a luxury ticker for arsenic overmuch arsenic $10. They tin besides acquisition 100% of the ticker NFTs and redeem them to get the carnal piece. Chronoly.io besides shares each the information with its users to destruct risks of fraud and counterfeiting. This benignant of utility-backed transparent process strengthens investors’ sentiments.

Why investors could commencement switching from Dogecoin and Shiba Inu

As Dogecoin and Shiba Inu relation lone connected the premises of speculation and hype, investors stay successful a authorities of uncertainty for their concern and return. On the different hand, Chronoly.io offers antithetic forms of real-world use, providing investors with a consciousness of security, stability, and transparency.

With Chronoly.io, investors consciousness assured that the worth of their integer plus tin lone summation oregon alteration inline with the worth of the real-world watch. Therefore, investors are leaving meme coin projects similar Dogecoin and Shiba Inu, and investing wealth into a much stable, convincing, and transparent projects.

Over the past 7 days Dogecoin and Shiba Inu are up conscionable implicit 4.5%, Chronoly.io which started its presale successful May is up 560% and trading astatine $0.066. Will we spot Shiba Inu and Dogecoin station treble digit regular gains similar past twelvemonth again? Well, this remains to beryllium seen.

For much accusation astir Chronoly.io presale

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Presale: https://presale.chronoly.io/register

Twitter: https://twitter.com/Chronolyio

 


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