Therefore, investors have welcomed Chronoly (CRNO) with a red carpet as the project has grown manifold in all dimensions. After posting a growth of 690% during the pre-sale phase, Chronoly has launched its CRNO tokens on the UniSwap crypto exchange. Chronoly launched CRNO on October 6 at the price of $0.079. Meanwhile, Stellar (XLM) has also posted gains in the last month, but it is yet to come out of a stagnant price bracket.

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Stellar (XLM) Faces Challenge To Break Price Resistance

Stellar (XLM) has successfully pushed its current trading price to $0.12, following a 5.60% increase in the past week. Moreover, the price of Stellar (XLM) has risen by around 21% in the last few months, indicating a strong recovery after falling severely in previous months. However, in September, the price of Stellar (XLM) remained between $0.10 and $0.13. This implies that Stellar (XLM) must push aggressively on the growth chart to move beyond this price bracket. Experts predict that if the price of Stellar (XLM) remains in this price bracket for long, it can go into an extended period of a bearish outlook.

Stellar (XLM) is a blockchain platform used to complete transactions between different currencies. The price of Stellar (XLM) is co-related to the trade volume on the platform. An increased trade volume can help Stellar (XLM) regain its market strength. With its native token, XLM, Stellar is a cryptocurrency based on a payment protocol that enables transactions between different currencies.

Chronoly (CRNO) Multiplies Its Growth Rate (CRNO), which entered the crypto arena in May 2022, ended its pre-sale phase after all its tokens were sold out in just a few weeks. This large-scale buying of CRNO pushed the project's value up by 690%. After the end of its pre-sale phase, Chronoly launched CRNO tokens, on October 6, on the UniSwap exchange. The launch price of CRNO on the UniSwap exchange was $0.079. Based on Chronoly's pre-sale performance, business roadmap, and value proposition, analysts predict that the price of Chronoly's CRNO token will become $3.0 in just a few weeks of its launch on UniSwap. (CRNO) is an Ethereum-powered digital marketplace, which is related to the luxury watch market. (CRNO) allows users to make fractional investments in the NFTs of rare collectable watches from international brands. (CRNO) mints tradable NFTs of rare timepieces and enables people to invest in these NFTs for as low as $10.

Moreover, Chronoly (CRNO) mints NFTs after purchasing physical watches in the real world. It offers CRNO a backing of physical luxury watches, interlinking the token's price with the value of rare timepieces. Hence, the price of CRNO is destined to grow continuously.

On Chronoly, users also get a chance to generate a passive income of up to 18.6% yearly by staking their CRNO tokens in the lending pool. All CRNO holders are eligible to participate in Chronoly's monthly lucky draw, where they can win a Rolex watch. Participation in the lucky draw is free.

The growth prospects of have made market bulls rally behind CRNO. They have already pushed the price of a CRNO token from $0.01 to $0.079 in a few weeks. Additionally, market experts unanimously opine that CRNO has the potential to secure the price tag of $8.0 soon.

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