Here is Where You Should Invest During a Crypto Crash: Binance Coin (BNB), Polkadot (DOT), and Chronoly (CRNO)
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As Bitcoin (BTC) dipped below USD 33,000 for the first time in around a year this week, and Ethereum (ETH) and Cardano (ADA) also tumbled, the crypto market appears to be collapsing — or at least experiencing a severe correction. Given the old investment cliché "buy the dip," investors may now be looking at a volatile crypto market expecting that this is a temporary downturn rather than a long-term bear market. If you believe now is the time to buy, here's a look at prior patterns, some expert advice, and purchasing tips if you're new to cryptocurrencies. Binance Coin (BNB), Polkadot (DOT), and Chronoly (CRNO) are a few of the best options that investors can seek in a period of downwards movement.
Chronoly (CRNO) is a decentralised investment marketplace built on the Ethereum blockchain, and despite the recent downturn in the crypto market, Chronoly (CRNO) has experienced unprecedented interest in its current presale. Many industry experts expect the Chronoly token to increase in value by over 750% during the presale period as experienced investors have been changing their positions as they look to choose more stable tokens with real-world use cases after the UST collapse.
On the Chronoly ecosystem, users can buy, sell and invest in NFTs that are linked to luxury watches. Each NFT that is minted on Chronoly's marketplace is backed by a physical version of the watch, which is held in a vault and fractionalized, making it easy for anyone to own part of a luxury watch like a Rolex from as little as USD 10. This clever application of luxury watches, NFTs, and blockchain technology could disrupt the USD 64bn watch market as
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