You must have heard of stories where some crypto investors made millions of dollars within a short period of time. News has also been making the rounds that young investors are smiling all the way to the bank trading NFTs.
To sustain consistent income and growth, you need to pick the right crypto assets to include in your investment portfolio. Also, to get rich, you need to buy these coins at the right time. The crypto market may be experiencing a downward trend at the moment, but investment in these three crypto assets could potentially make you wealthy: Avalanche (AVAX), Fantom (FTM) And Chronoly (CRNO) which is currently in its presale.
Avalanche (AVAX) receives another boost with Superfluid joining the network
Avalanche is the world's fastest smart contract known to the crypto ecosystem. As the AVAX token gets massive adoption globally, the token price has increased in recent times, which makes it a good diversification financial asset for your portfolio. Though the downward trend in the crypto has affected the Ethereum competitor, making it loses over 16% in value in the last 48 hours. According to CoinMarketCap, AVAX currently occupies number 13 based on market capitalization, but the recent bearish action has plummeted the token by over 80%.
Avalanche (AVAX) has recently received a boost with the joining of the Superfluid Protocol into the network. With this partnership, it is certain that Avalanche will become a blockchain to reckon with and will give other blockchains a run for their money. Superfluid Protocol allows crypto users to easily move on-chain assets following some agreements or predefined rules.
Transactions on the Avalanche protocol can occur automatically without regular monitoring once the parameter is established. Superfluid Protocol and Avalanche C-Chain have immense possibilities in the DeFi space.
Fantom (FTM) Rallies 12% Amid Speculation of Andre Cronje Returning to DeFi
As the crypto market continues with its bearish action, Fantom (FTM), the native token powering the eponymous blockchain, is among the tokens in the green side, with FTM gaining over 12% in value in the last 48 hours. Data also shows that the token has had an impressive 45% growth in the last 7 days. The latest gains make Fantom (FTM) one of the best performing assets in the industry.
The price gain may not be unconnected to the speculation that Andre Cronje plans to rejoin the project. Andre Cronje is a reputable and prolific DeFi developer. Last month, Andre Cronje made it known that he and his partners were quitting the crypto space for good. The announcement caused massive selloff of Fantom FTM tokens and a decline in the assets price.
Why It’s Likely That Chronoly (CRNO) Will Overtake Other Tokens
Selecting tokens with great and solid use cases and holding them to gain traction is one of the best strategies to enjoy explosive returns and Chronoly (CRNO) tokens bare all these characteristics.
Chronoly is a DeFi marketplace that lets users trade fractions of rare watches, including those from Rolex, Audemars Piguet, Richard Mille, and Patek Phillippe, in the same way you would trade shares in a stock like Apple. While crypto prices have significantly retraced in the first half of 2022, investors are now turning their attention to stable projects that could prove to be profitable over the long run.
Since the Chronoly presale tokens went live, the price of CRNO tokens have gone up by over 100% in a week, which has taken the market by storm. As investors continue to look for a cryptocurrency with real-life asset backing, experts and crypto analysts have predicted a further 2,500% jump in the Chronoly token price. Adding CRNO tokens to your investment portfolio could benefit your portfolio in the long run.
Information on Chronoly presale: