The Graph (GRT) Shows Potential and Chronoly.io Token Surges Further
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The recent crypto market meltdown has forced investors to look out for those projects that are stable and less susceptible to market hype, and have real-world utility. Going by the same standard, two crypto projects that have gained investors' attention are The Graph (GRT) and Chronoly.io (CRNO). These two projects belong to two different fields of the crypto market, but both have been trading in the green zone. However, there is a considerable difference between the growth rate of the two cryptos. While The Graph GRT has shown signs of recovery from the loss it suffered during the market crash, Chronoly.io is a relatively new project that has astounded analysts with its use cases, acceptance, and growth. Chronoly.io has registered an increase of over 500% in its value during the pre-sale phase.
The Graph is a blockchain-based platform for indexing data from several blockchains. It's somewhat similar to Google. It indexes blockchain data from networks like Ethereum. The native token of The Graph is GRT. The Graph has been adopted by many DeFi projects like UniSwap, Synthetix, and Decentraland, among others.
On the other hand, Chronoly.io is creating the next-generation crypto metaverse that mints NFTs of rare luxury watches. It is the world's first blockchain-based marketplace where people can make fractional purchases in luxury watches like Rolex, Patek Phillippe, Richard Mille, and other multinational brands with whom Chronoly.io has partnered.
Each NFT minted by Chronoly.io is backed by real-world assets, i.e. physical versions of the rare luxury watches, because Chronoly.io buys the physical version of the timepiece
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