Pancake Swap (CAKE) maintains a competent hold on the leaderboard of project built on the Binance Smart Chain (BCS). Meanwhile, Kucoin Token (KCS) has raised around $150 million with a $10 billion valuation for the next step in the Web 3.0 world.
Chronoly (CRNO) is attracting top-grade investors from every field and has gained remarkable value. It is currently in presale with tokens at $0.033 (increased from an initial $0.01 per token price).
At a glance, Kucoin (KCS) and PancakeSwap (CAKE) are cryptocurrency exchanges. Kucoin is on Ethereum, while PancakeSwap is on Binance Smart Chain.
Now, PancakeSwap (CAKE) token has gained quite a fascinating popularity recently, with more NFT projects joining the blockchain.
It is gradually becoming a cheaper alternative to Ethereum with optimum security, fast transactions, and prominent liquidity. These are some of the qualities that are difficult for Kucoin to match.
However, KuCoin isn’t planning on competing with other exchanges. The value of Kucoin Token (KCS) might not increase for a good while. It could even fall, for now, the only growth point is securing $150 million in funds with a $10 billion evaluation.
Yet, Kucoin doesn’t plan on doing something with its token. Their objective is to move into the Web 3.0 world and scan through various projects.
They plan on upscaling an expansion; it is a perfect time for Kucoin to try something like this.
However, it also means that Kucoin Token (KCS) will become highly volatile. It could rise or fall and would be at risk for people.
Chronoly (CRNO) isn’t a cryptocurrency exchange platform. You could compare it to a Stock exchange, but very specific. It offers luxury watch NFTs. These watch NFTs are further divided into fragments.
The fragments act like they are part of the stock. Anyone who collects 100% of the NFT fragments, can redeem the physical watch for themself.
Each NFT watch is based on a real-life model. These watches exist in real life and are stored in vaults. Anyone who holds a complete NFT can also exchange the digital NFT for a real-world model. This helps Chronoly (CRNO) sustain long-lasting value, as luxury watches don’t really decline in price, especially if they are one-of-a-kind, limited editions.
People can start investing with as low as $10 for NFT fragments through Chronoly (CRNO) token. That’s the reason why Chronoly (CRNO) token can surpass Kucoin Token (KCS) and PancakeSwap (CAKE). It has created a new league and stands on top of the line.
PancakeSwap (CAKE) and Kucoin Token (KCS) strongly rely on the success of the company and the platforms. Meanwhile, Chronoly (CRNO) is already a successful concept as it has disrupted the luxury watch market and is a one-of-a-kind NFT project without any competitors.
People are looking for value-based NFT projects, and Chronoly Token (CRNO) can offer real-life value, which isn’t something Kucoin Tokens (KCS) or PancakeSwap (CAKE) can offer.
For more information on the Chronoly presale:
Shiba INU, one of the most popular crypto assets is speculated to be at the…
Cardano's (ADA) price action was pretty bullish but the recent price actions had significantly dropped…
Since it is anticipated that global investments in cryptocurrencies will increase over the coming years.…
On July 27th the Federal Reserve held its Federal Open Market Committee meeting and today…
On August 15, the Bitcoin price touched $25,000 before sliding down towards the $24,000 range.…
The May month’s Terra (LUNA) crash that pulled down the whole of the crypto space.…