Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly
in luxury watches, which are backed by the real physical version of the watch which is stored and insured in a depositary vault. However, the most significant characteristic of Chronoly.io is that it addresses the trust issue that most other cryptocurrencies, especially the meme coins, are plagued with.
Unlike Dogecoin and Shiba Inu, Chronoly’s CRNO token has tangible utility. Chronoly.io mints NFTs that arelike Rolex and Richard Mille, which are stored in vaults across the globe. Investors, through Chronoly.io, can purchase a fractional part of a luxury watch for as much as $10. They can also purchase 100% of the watch NFTs and redeem them to acquire the physical piece. Chronoly.io also shares all the data with its users to eliminate risks of fraud and counterfeiting.
As Dogecoin and Shiba Inu function only on the premises of speculation and hype, investors remain in a state of uncertainty for their investment and return. On the other hand, Chronoly.io offers different forms ofChronoly.io , investors feel assured that the value of their digital asset can only increase or decrease inline with the value of the real-world watch. Therefore, investors are leaving meme coin projects like Dogecoin and Shiba Inu, and investing money into a more stable, convincing, and transparent projects.
Over the last 7 days Dogecoin and Shiba Inu are up just over 4.5%, Chronoly.io which started its presale in May is up 560% and trading at $0.066. Will we see Shiba Inu and Dogecoin post double digit daily gains like last year again? Well, this remains to be seen.
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