Revolutionizing the watch market worth over $60 billion, is Chronoly. The Chronoly vault allows investors to buy a part of a timepiece as NFTs. It also allows investors who have 100% ownership of a watch backed NFT to exchange their NFT for a watch. Even amidst the crypto market going down consistently, the Chronoly token is up by 400%. This is mainly due to the fact that Chronoly.io has a hype built around it and nobody wants to miss out.
Other coins, such as The Sandbox (SAND), are also exciting projects with a lot of potential, particularly when you consider the metaverse. Due to the crypto market sell-off, The Sandbox (SAND) has dropped a lot in the past 30 days. Nevertheless, holders are confident that the coin will recover.
The Sandbox (SAND) Falls to $1.37, Investors to Buy the Dip
SAND, the native currency of The Sandbox (SAND) play-to-earn metaverse, started the year at approximately $6 per token. However, the price of The Sandbox (SAND) hasn’t stopped dropping ever since. After reaching an all-time high of $8.4, it has taken a massive hit and is now trading at $1.37.
Taking into account all of the current events, the price target for 2022 is $4.80, which seems very optimistic. It’s important to mention, however, that the cryptocurrency market is highly volatile and tokens can change direction very quickly. The Sandbox (SAND) will have a great deal of relevance in the metaverse once the hype starts up again. Analysts say The Sandbox (SAND) is very under-priced, giving investors a great opportunity to buy.
Chronoly (CRNO) Price Could Grow 100x in 2022, Analysts Predict
Analysts anticipate Chronoly (CRNO) to grow 100x by 2022. Already, more than 127,000,000 tokens have been sold in the presale, and it appears that the community won’t slow down anytime soon. While Chronoly (CRNO) appears to be a project that could bring quick profits to crypto traders, if you are looking for long-term gains then staying for the long haul might be your best option.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
