5,000% Profit With Metaverse Tokens ApeCoin (APE), The Sandbox (SAND) and Chronoly (CRNO)
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
The worst performers in the recent cryptocurrency bear market were last year’s winners, which included metaverse and non-fungible tokens. Two projects that will be looking for a resurgence in fortunes for those sectors are ApeCoin (APE) and The Sandbox (SAND). ApeCoin has tapped into the popularity of Bored Ape Yacht Club NFTs, while The Sandbox joined the rally for metaverse projects when Facebook announced its Meta rebrand.
Another new project also operates in the NFT space and will later pivot to the metaverse. Chronoly (CRNO) which mints NFTs for underlying investments in the luxury watch market. Its metaverse ambitions could see partnerships with some of the world’s top watchmakers.
ApeCoin (APE) Needs an NFT Revival as Project Commits to Ethereum
ApeCoin (APE) investors will be looking for a revival in the price of non-fungible tokens to spur new highs in the project. Investors saw the coin rally to USD 26.00 at the tail-end of 2021, but the price has slipped below USD 5.00 with the downturn in NFT prices. The reality for APE investors is that speculative interest drove the previous highs but the project has the potential to add value with continued NFT interest and the potential for the project to unearth another money-spinner like the Bored Ape Yacht Club.
The Sandbox (SAND) Looks to Metaverse Growth for Gains
The Sandbox (SAND) project will look for a rebound in metaverse fortunes after a dip from the Facebook-driven highs of late November. The price of SAND rallied to highs of USD 8.40 before dropping back to now USD 1.16. The Sandbox is fully immersed in the metaverse and sells plots of virtual land which were snapped up at the end of 2021 as metaverse hype took hold. A recent development for The Sandbox saw two telecommunications giants buying up land in the virtual universe. PCCW and HKT have both announced their intentions to launch the first virtual 5G mobile network in The Sandbox.
Chronoly (CRNO) Could Be a Future NFT and Metaverse Star
The Chronoly (CRNO) platform allows stop and limit orders for investors to manage their investments passively. By offering fractional investment in rare, luxury and exclusive investment grade watches they will also add liquidity to a market that used to be slow-moving and relied on intermediaries to buy and sell. Chronoly (CRNO) is bringing watch trading into the new age in the same way that NFTs have changed the world for art investments.
The future plan for Chronoly (CRNO) is to launch its Chronoverse which will be their metaverse project. The current metaverse moves have seen leading fashion brands investing in the metaverse and bringing NFTs and stores to the virtual world. It is clear that the world’s leading watch brands will want some of that action which could lead to partnerships with Chronoly. Chronoly NFT investors could see their avatars wearing Patek Phillipe or Rolex pieces and the appetite for a blockchain NFT trading market for those watches is obvious. Chronoly soared from USD 0.01 to USD 0.066 in its presale and could be primed for further gains soon. The CRNO token will be released officially on the 27th of September on the Uniswap exchange where it is predicted the price would have increased a further 2,500% before this point.