Despite the somewhat bearish market trends and the global economic crisis looming in the background right now, activity in the crypto space is booming. New projects are launching daily, expanding the DeFi space’s reach, while established names are finding new audiences.
Tokens like FTX Token (FTT), Tron (TRX), and Chronoly.io (CRNO) are ready to shoot for the moon this July. Read on to find out why:
FTX Token (FTT)
FTX Token (FTT) is the backbone of the whole FTX ecosystem. FTT holders get boosted trading opportunities on the FTX Exchange and OTC portal, which is why interest in the token remains strong, despite the current market conditions.
In the past 30 days, the FTX Token (FTT) has seen a remarkable spike in valuation by more than 18%. This is a strong bullish signal on the backdrop of the whole space performance. If we take tokens like ETH or BTC, for example, the FTX Token (FFT) is an overachiever. It’s important to note that FTX is a top 25 cryptocurrency when it comes to trading volume and activity globally.
Tron’s TRX token is an integral part of the Tron suite of decentralized applications and blockchain projects. The token has much the same functions that ETH has for the Ethereum blockchain. While the bearish market trends have had a negative effect on cryptocurrencies across the board, TRX has managed to resist the negative pressure.
In the past month, Tron (TRX) has also seen some positive price action, gaining over 12% in valuation. What’s even more impressive is that Tron’s TRX token has seen a boost of more than 30% year-over-year. It should be mentioned that Tron’s native currency constantly remains in the top twenty most traded tokens globally. This is predominantly due to the extensive ecosystem of decentralized applications built on the Tron blockchain.
Chronoly.io (CRNO) is still in the early stages of its development, with the second phase of the projects presale currently open. The innovative idea behind this project gives Chronoly.io users the ability to own pieces of physical watches from renowned brands, in the form of NFTs. These NFTs are fragmented, which allow them to trade and borrow watch-backed NFTs. Importantly, collecting 100% of a watch’s NFTs gives holders the right to burn the collectibles and receive the physical watch.
The best part is, all of these actions happen on the Chronoly.io (CRNO) platform with the help of its native token CRNO. Currently Chronoly.io (CRNO) is the second presale stage. There is a second stage presale bonus of 30% so now is the best time to get in on CRNO. The third presale round will see this bonus drop to 15%.
Find out more about the Chronoly.io presale below:
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