The Sandbox (SAND) Struggles To Find Balance; Market Bulls Take Chronoly.io (CRNO) To Sky

The post The Sandbox (SAND) Struggles To Find Balance; Market Bulls Take Chronoly.io (CRNO) To Sky appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The bearish outlook of the market seems to be fading slowly and gradually, and several cryptocurrencies are returning on track. However, a few crypto projects still struggle to maintain a balance. One of these crypto projects is The Sandbox (SAND). The price of  The Sandbox (SAND) is still a concern for promoters and investors as it hasn’t been able to maintain positive growth momentum.

Meanwhile, the new crypto project, Chronoly.io (CRNO), has already proved its worth during the recent market downfall. When all the projects were falling, Chronoly.io (CRNO) conquered high mountains. Its value has grown by 560% during its pre-sale phase.

Sandbox Price in Doldrums

The price of The Sandbox (SAND) has been swinging wildly, sometimes in the green zone and sometimes in the red. After showing growth for some weeks, The Sandbox (SAND) has fallen by around 0.71% in the last week. But to remain consistently in the green, the cryptocurrency needs to increase the trade volume on the network. The Sandbox (SAND) is currently trading at $1.34, which is around 84% below its all-time high of $8.44.

The Sandbox (SAND) is a blockchain-based platform that aims to introduce blockchain technology to the gaming industry. It is a multiplayer metaverse, which allows players to create, monetize, and buy digital assets that can be used in games. The Sandbox (SAND) caters to the needs of the gaming community.

On the platform, game players and designers can create custom NFTs and sell them for profit. Besides, the newly generated content can be in the form of art galleries, games, or dioramas. The Sandbox has also planned to attract and invite crypto and non-crypto gamers and offer them various advantages to increase the platform’s trade volume.

SAND is the native cryptocurrency of The Sandbox. Buying and selling of NFTs on the platform is done with SAND. The platform provides gamers with three integrated products to use – Game Maker, Voxel Editor, and Marketplace.

Chronoly.io Touches The Sky

The crypto market has found its new probable titan in Chronoly.io (CRNO). The unique idea with which Chronoly.io entered the market has shaken the crypto world with its success during the pre-sale phase. Chronoly.io has recorded a growth of 560% in just three months of its launch. Consequently, Chronoly.io CRNO has become one of the most sought after cryptos by investors. 

It is the first digital marketplace dedicated to rare collectable watches. Chronoly.io is the only platform in the world where people can make a fractional investment in luxury timepieces. To mint the NFTs, Chronoly.io will procure watches from multinational brands such as Rolex, Patek Philippe, and Richard Mille. It also has a protocol that allows people to verify the authenticity of the watches procured and minted.

Once procured, the watches are stored in secured vaults across the world. Thus, it is the real-world physical watches that back the NFTs minted by Chronoly.io and not the market hype or speculation. As a result, Chronoly.io ensures that the value of its NFTs keeps growing because luxury watches are well-known investment assets that are immune to any bearish market sentiments. Also, as per the whitepaper of Chronoly.io, the watch market has the potential to record a profit of $49 billion in the near future.

There are several other use cases of Chronoly.io. This includes a lending protocol and allowing its holders to stake their tokens to generate some passive income. Chronoly.io is also planning to build strategic partnerships with metaverse creators to increase the use cases of CRNO.

Chronoly.io’s market records have been exceptional since its launch, with its value growing by 560% during its pre-sale. Its token price has increased from $0.01 to $0.066 since its launch in May 2022. Additionally, experts have predicted that Chronoly.io (CRNO) can touch the price tag of $1.00 soon and can grow 2,500%-5,000% in the coming months.

For more information about Chronoly.io presale

Website: https://chronoly.io/ 

Telegram: https://t.me/Chronolyio 

Presale: https://presale.chronoly.io/register 

Twitter: https://twitter.com/Chronolyio

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