The post Presale Sells Out Fast, Whale Investors From Avalanche (AVAX) And Fantom (FTM) Join Community appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The crypto crash over the past few months has put investors on the back foot as they see prices plummeting across the market. However, as the market begins to bottom out and prices look ready to enter a bull market again, crypto enthusiasts are keen to invest in tokens with solid fundamentals that are ready to accelerate into substantial price increases.

One of these tokens expected to rocket is (CRNO), a watch investment platform that allows anyone to fractionally invest in some of the world’s rarest and most exclusive watches. As a result, whales from the popular Fantom (FTM) and Avalanche (AVAX) communities are flooding into the presale, some seeing eye-watering gains of 660% already.

Whales love Avalanche (AVAX)

Avalanche, a smart contract platform designed for building decentralized apps (dApps) and customized blockchains, saw its token AVAX reach incredible gains from lows in July 2021 to its peak in November 2021, climbing over 1,500% from $9.33 to $146.9. It’s currently ranked #15 in the world’s top cryptocurrencies. The token aims to solve the issues plaguing the Ethereum network: low transactions per second, high gas fees, and high energy consumption due to its proof-of-work algorithm. So far, it seems to be doing better than Ethereum in all of these areas. 

Whales love Avalanche AVAX for its strong fundamentals. The same could be said for why they’re now buying up CRNO tokens rapidly.

Fantom (FTM) has massive value locked away

Fantom (FTM) is a popular DeFi project that provides developers with fantastic tools to build secure, scalable, and ultra-fast dApps for the DeFi ecosystem. FTM saw an even more dramatic climb in 2021, rising over 2,100% from lows of $0.156 to $3.45 in late 2021. 

Despite stiff competition in the dApp world, more than 100 dApps have already been deployed on the Fantom network, with plenty of strong use cases out there. There is now over $900 billion in value locked across FTM’s projects.

Now, whales are eyeing their next purchase: CRNO.

Enter The New Real-world Utility Token (CRNO)

Based on the token’s incredible fundamentals, Crypto whales are starting to look at CRNO as their next big buy. promises to combine the world of crypto and watches by offering timepiece-backed NFTs. They allow anyone to buy fractional shares in watches from some of the world’s most prestigious brands, like Rolex, Audemars Piguet, and Patek Philippe, for as little as $10. Chronoly (CRNO) is buying the physical version of the watch and minting an old NFT on the platform. Genuine watches are held in a secure deposit and fully insured. Therefore, investors no longer need to worry about delivery and storage, which will improve the liquidity and efficiency of the luxury watch market. (CRNO) investors have ready access to the market, a turning point in a traditionally slow investment process. Where in the past sellers had to turn to retailers or auction houses to sell their items, there will now be an active marketplace for digital sales. CRNO holders can stake their tokens for passive returns, receive lower purchasing and selling fees, and be entered into the lottery for their chance to win a luxury watch each month.

As of August 2022, the CRNO token is up 660% since the 5th of May, and Chronoly hasn’t even hit the major platforms yet. As phase 3 of presale begins, analysts expect a further 1000% gain before the presale phase ends in September 2022, projecting prices to hit somewhere between $0.5 and $0.75 in just a couple of months. Whales know this, and some have been buying up CRNO rapidly. Will you follow in their footsteps?

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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