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It is a common misconception that you should only invest in the OG cryptos as they are the ones that will give you a better shot at good profits. This is a mistake that most new traders make when they first enter the industry. They only see Bitcoin and Ethereum and choose to ignore the rest of the cryptos, which stand a much better chance at seeing your investment multiply in value. Since Bitcoin and Ethereum are traded by Wall Street traders, long gone are the days of seeing either of these go up more than 25% in a day.
The best decision you could make is to invest in a crypto that is still in its early stages. This way, you get to enter the market at an insanely low rate, giving you a greater chance of getting higher returns. Some rising stars in crypto today include Monero (XMR), ApeCoin (APE), and Chronoly (CRNO) which has enjoyed early success and is still in its presale phase 1.
1: Monero (XMR)
Monero (XMR) is an untraceable cryptocurrency that is highly secure. This fully accessible cryptocurrency was developed in April 2014 and quickly gained popularity among enthusiasts in this industry. This coin is entirely donation funded and community driven. Monero (XMR) was created with decentralization and scalability in mind, and it offers total privacy using a technology called “ring signatures.” Using this method, a collection of cryptographic signatures emerges, with at least one actual member, but the real one cannot be identified. Because of its top-of-the-class security features, it has been linked to criminal operations around the globe, which has given it a controversial reputation and could over time see the price of Monero fall even further.
Monero (XMR) is currently priced at about USD 155.47. It has a market valuation of USD 2.8 billion and a daily trading volume of about USD 150 million.
2: ApeCoin (APE)
ApeCoin is a utility and governance token. The company Yuga Labs, who are behind Bored Ape Yacht Club, developed the coin in 2022, consisting of 10,000 non-fungible Bored Ape tokens (NFTs). The ApeCoin team is aggressively striving to create an ecosystem. ApeCoin is a Metaverse crypto project. The MonkeyFirm NFT platform, a decentralized exchange, and play-to-earn gaming ventures all used the coin shortly after its inception. The ApeCoin is also used for metaverse purchases, sales, and self-employment. It will be woven into all future metaverse cultures.
ApeCoin (APE) is currently priced at USD 7.62. It has a market valuation of USD 2.2 billion and a daily trading volume which has fallen of about USD 650 million.
3: Chronoly Token (CRNO)
There has been a lot of hype lately about new crypto project called Chronoly.io, which is a blockchain-based fractional watch investing platform using the Ethereum blockchain. The Chronoly token is currently in its presale stage and many crypto professionals are excited about this new project because of its innovative characteristics and utility. Chronoly connects the virtual world of NFTs to the actual real world. They achieve this by authenticating and connecting physical luxury watches to NFTs on the blockchain.
Each NFT on the Chronoly platform is backed against a real watch. The watch is then authenticated and stored in a secure vault while all the details about the watch are uploaded to the metadata for people to independently verify. Users can stake their (CRNO) tokens and exchange tiny fractions of watches. Chronoly will also work with metaverses and video games. Chronoly has first mover advantage by creating a world’s first unique concept. This will allow users to digitally display their watch collection. Chronoly will be one of the first to create a new NFT specialty. Without many competitors, early investors will highly benefit from this initiative. The Chronoly native token (CRNO) is presently valued at USD 0.01. Some of the most well-known crypto analysts have predicted the price of CRNO to increase by over 500% during the presale stage alone.
For more information about Chronoly token presale:
Presale: https://presale.chronoly.io/register
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio