Stacks (STX), Hedera (HBAR) remain bearish, while Chronoly.io (CRNO) holds on to 560% gain

Cryptocurrency and the blockchain technology may have started so many years ago, today digital assets have refined traditional payment systems and financial institutions. Despite regulatory crackdowns in different parts of the world and the constant crashes that have marred the progress recorded so far, big banks and brick-and-mortar financial service providers continue to repose confidence in the system.

Investors and traders are bullish on projects that offer real-world use-cases. Stacks (STX), Hedera (HBAR), and Chronoly.io (CRNO) can change the narrative of an investors’ portfolio. While Stacks (STX) and Hedera (HBAR) remain bearish despite attempts at recovery, Chronoly.io (CRNO) holds on to a 560% gain. Paying attention to these tokens can fetch you huge returns on your investment.

Continue reading to find out the performance of these tokens!

Stacks (STX) fails to rebound despite market recovery

Stacks (STX) has continued to remain bearish even when big tokens like Bitcoin, Ethereum, and Tether recently recovered slightly from the crypto waves. One of the possible reasons why investors are not confident in the project is that Stacks (STX) lacks real-world use cases and also lacks any real-world asset backing. Stacks is a layer one protocol that aims to bring decentralized finance (DeFi) to Bitcoin. Stacks (STX) uses Bitcoin Network security to offer investors new functionality and also enable fast transaction speed.

Stacks (STX) comes with a range of exciting features, including giving investors the opportunity to build DApps and lock their tokens to receive BTC. Stacks (STX) also brings smart contracts to Bitcoin and decentralized applications without altering their features in any way. That’s not all; users can also register new assets and process transactions on the network. According to the project’s whitepaper, the Stacks (STX) team intends to list the token on a number of popular exchanges for massive adoption.

At press time, Stacks (STX) trades for $0.3864 USD with a 24-hour trading volume of $11,873,487 USD.

Will Hedera (HBAR) hit the $1 mark?

The market performance is not favorable to most altcoins, including Hedera (HBAR). Before the recent crypto crashes, the team at Hedera (HBAR) had pledged its commitment to improve on the project’s outlook for investors to pull in their hard-earned resources. The team has a $1 target within the next few months. It is still unclear whether or not the team will be able to achieve this milestone.

At its core, Hedera (HBAR) is the most used enterprise-grade public network. The native token, HBAR, powers the decentralized economy. You can use this token to pay for goods and services on the Hedera protocol. Token holders can also vote and be voted for in the governance structure of the project. Whether you own a startup or an already established brand, Hedera goes above board to offer you a platform to create fair, fast, and secure applications.

Recently, Hedera reached out to digital marketers and popular social media influencers. The plan is to scale the activities and operations of the project. HBAR can hit the $1 mark if the plans by the team come to fruition. At press time, Hedera (HBAR) trades for $0.06696 USD with a 24-hour trading volume of $24,747,232 USD.

Chronoly.io (CRNO) offers real-world value to attract investors

Launched in May 2022, Chronoly.io (CRNO) was designed to enable investors and traders to buy, sell, trade, and invest in luxury watches with ease. Since inception, Chronoly.io has continued to grow, surpassing 560% during pre-sale. Industry watchers even agree that Chronoly.io will grow further if the team continues to innovate on the project.

Chronoly.io (CRNO) is an Ethereum-powered marketplace where users own a portion of investment-grade collectable watches from renowned brands like Rolex, Patek Philippe, Richard Mille, Audemars Piguet and many more. All the watches listed on the Chronoly.io marketplace are backed by a physical version that’s held up in a vault. The native token, CRNO, empowers the ecosystem and gives users the opportunity to participate in monthly rewards, watch giveaways, and cash prizes.

Despite the bearish outlook of the crypto market, Chronoly.io (CRNO) has been able to hold on to a 560% gain, offering real-world use-cases to investors and traders. The team plans to collaborate with reputable influencers to further promote the project to young investors. According to the project’s roadmap, Chronoly.io is in phase 3 round 2, with plans to end this round in the next two weeks. The team also plans to list CRNO on the top 10 centralized exchanges for possible token adoption.

For more information about Chronoly.io presale
Website: https://chronoly.io/
Telegram: https://linktr.ee/chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio

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