By Franklin Smith
Market players remain responsive to the next lucrative ‘buy’ opportunity within the crypto market regardless of the ongoing volatility. And analysts remain bullish on BNB (Binance Coin) and CRNO (Chronoly), which have gained 500% during the presale.
Chronoly (CRNO)
Crypto enthusiasts seem to bank on the instinct that Chronoly will maintain its current growth and stretch its frontiers, outperforming founding projects such as Bitcoin and Ethereum. Chronoly (CRNO) is the first-of-a-kind blockchain platform allowing people to trade shares in exclusive and rare luxury watches.
Moreover, the firm wants to mint non-fungible tokens. The best thing is these NFTs will enjoy backing from the top and reputable brands such as Richard Mille, Audemars Piguet, and Rolex. Investors can access Chronoly token in presale. And the alt has surged more than 500% since the beginning of the presale.
Investors remain bullish on CRNO due to its unique NFTs and real-world usage. Market experts see the alt overcoming its price target of $0.5 – $1 come 27 September.
For now, Chronoly is in its second phase and will initially arrive on Uniswap with massive liquidity after the presale ends. It will later join PancakeSwap. Also, the developer team works on building a custom application for Google Play and iOS.
Also, Coinmarketcap and CoinGecko will list CRNO. Investors trust introducing the altcoin on these sites will bolster brand growth and attract more adoption for Chronoly. While waiting for a cross-chain non-fungible token platform, this might be the next gem within the crypto market.
Binance Coin (BNB)
BNB seems to attract most investors regardless of the latest SEC scrutiny. The US Securities Exchange & Commission investigated Binance Coin on whether it violated securities regulations during its ICO (initial coin offering) five years ago.
Crypto investors show confidence in BNB’s performance despite the prevailing market downturn. BNB is the native coin of Binance, the leading crypto exchange globally, allowing investors to trade, buy, sell, and transfer varying cryptocurrencies. The company completes nearly 1.4B transactions each second and utilizes BNB for user compensation.
While publishing this post, BNB changed hands at $236.69. With Binance Coin gaining popularity among DeFi users and crypto investors, the alt boasts an impressive growth potential.