Due to the high volume of crypto-related projects on the market, both new and experienced investors yearn for projects that can provide decent returns on investments. Three tokens that have recently shown this trend include Polygon (MATIC), Uniswap (UNI), and Chronoly (CRNO).
Experts believe that including these tokens in your portfolio can help achieve gains in your portfolio.
Polygon (MATIC) Holders Need To Be Cautious Of The $0.888 Price Point
The global crypto market faced a massive dump in July this year. Consequently, the prices of many altcoins declined, with the exception of a few like Polygon (MATIC). The Ethereum-based token appreciated and achieved a 31% weekly gain, with bulls targeting a price of $1 in the coming weeks. However, experts have warned Polygon holders to be wary of the $0.888 price point, as the project may dip further if the team doesn’t stop the current decline.
Experts believe the announcement by Disney helped drive the price of Polygon (MATIC) higher despite the current market downturn. Disney’s initiative will incorporate artificial intelligence, NFTs, and augmented reality. Disney plans to provide users with more information in the future regarding the collaboration. For now, Polygon has attempted a recovery with prices closing at around $0.74.
At the time of writing, Polygon (MATIC) trades for $0.742667 USD with a 24-hour trading volume of $241,366,784 USD, according to CoinMarketCap.
Uniswap (UNI) Dips To Lows Of $6.06 After a Bearish Spell
Analysts have cried out that Uniswap (UNI) will continue to dip further to as low as $6.06.
However, investors are optimistic that Uniswap (UNI) will rebound and attract bullish investors. An increase in the amount of UNI that’s locked in smart contracts can bring a turnaround to the fortune of the token.
Uniswap (UNI) is a crypto exchange, which uses a decentralized network protocol. The company owns the Uniswap protocol, an initiative that helps to facilitate automated transactions between tokens on the Ethereum blockchain. At the time of writing, Uniswap (UNI) trades for $6.101 with a current market cap of $ 4.65B USD. The 24-hour trading volume is $ 72.49M USD.
Chronoly (CRNO) Breaks The 700% Mark After Launch
Chronoly (CRNO) is changing the way we buy, sell, trade, and invest in rare luxury watches. Chronoly (CRNO) is an Ethereum-powered marketplace that lets users own a portion of investment-grade collectable watches from renowned brands like Rolex, Patek Philippe, Richard Mille, Audemars Piguet and many more. The development team claims that Chronoly (CRNO) is the world’s first fractional watch investment marketplace. The watches are backed by a physical version that is held in a vault.
Despite the prolonged bear market that has caused the prices of cryptocurrencies to plummet, Chronoly (CRNO) broke the 700% mark after launch on most centralized exchanges. Experts believe the major reason for this milestone is due to the fact token holders were able to stake the CRNO tokens to generate a passive income. Additionally, token holders have access to exclusive monthly rewards, which include watch giveaways & cash prizes.
Its native token, CRNO, comes with lots of exciting features, including access to exclusive NFT drops, live and virtual watch networking events in the metaverse.
For more information about Chronoly.io
Website: https://chronoly.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio
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