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Chronoly.io (CRNO) Will Likely Outshine Chiliz (CHZ): Here’s Why

Briefly –

  • Investors prefer assets with real-world utility.
  • Chiliz’s CHZ price has declined substantially in recent months.
  • Chronoly’s utility coin CRNO has surged more than 660% during its pre-sale.

Time for Real-World Utility Projects?

Real-world utility assets have become a dominant topic within the crypto market, and valid reasons back the narrative. These tokens have proved their bravery amidst the ongoing market downturn, which most have perceived as the harshest.

Chiliz and Chronoly are among the real-world tokens that showed their presence amidst a struggling market. Nevertheless, the two projects have had different performances because of their business roadmap, working processes, and use cases.

As CHZ holders endured roller-coaster actions within the past few months, CRNO investors enjoyed dream runs amid exceptional growths.

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Chiliz (CHZ) saw an enormous drop this year, trading nearly 88% beneath the $0.878 ATH. Also, negative market sentiments deteriorated the asset’s market capitalization.

Meanwhile, the new market entrant Chronoly has attracted experts and investors due to its distinct real-world utility and remarkable pre-sale success. CRNO rides fast waves, growing by 660% since its inception.

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Chiliz vs. Chronoly: Which Utility Coin is Better?

The answer lies in the narrative that Chiliz is battling for survival, whereas Chronoly leads the bulls within the marketplace. Why is Chronoly outperforming Chiliz, despite both being utility tokens? Chiliz network uses CHZ as a native token.

Users can utilize the coin to buy Fan Token on the Socios.com platform, allowing real-world engagement between sports fans and their favorite clubs. It also allows individuals to participate in the team’s decisions on subjects like stadium names, celebration songs, and uniform designs.

Nevertheless, CHZ succumbed to the bearish tendencies that plagued the overall market. CHZ deteriorates amidst struggling markets despite its real-world utility. That’s because the asset lacks backing from physical assets.

Meanwhile, Chronoly surprised analysts and experts within the crypto sphere following its outstanding pre-sale success. The project’s working principles and unique utility contributed to CRNO’s massive success, demand, and acceptance.

Chronoly is a new project in the market that mints/mines NFTs of exceptional luxury watches. It’s the first blockchain marketplace allowing individuals to make small investments in frill watches by multinational brands.

The crypto network first purchases the physical exclusive and rare timepieces and mint NFTs from them. That means backing NFTs in physical luxury watches. Thus, Chronoly (CRNO) has what it takes to outshine Chiliz (CHZ) within the crypto-utility space.

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James Carr (Australia)

James is a new research writer for Tokenhell. His articles include broker and exchange reviews, guides and news from all over the crypto-verse. Stay tuned for his recent articles.

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