It does not matter how well-prepared you are when a market crashes, there will still be an impact on your money. After a market collapse, what should you do to prepare? If you’re looking for flawless answers, you’ll be hard-pressed to find many. Pressure is severe in these situations because not everyone is patient or financially solid enough to wait for the prices to rise again. The really shrewd investors say that the best time to invest is when prices have crashed. Why buy at the top of the market when you can buy at the bottom of it? So here are three altcoins you might want to add to your watchlist; Enjin Coin (ENJ), Hex Coin (HEX) and Chronoly (CRNO) which has already surged 500% since May.
Enjin Coin (ENJ) is earning bullish interest
InvestorsObserver’s “Sentiment Score” has been bullish for Enjin Coin over the past few days. Sentiment Score analyzes Enjin Coin’s volume and price movement over the last five days. The Sentiment Score shows the crypto’s short-term performance. This can help both short-term and long-term investors buy the drop.
At the time of writing the Enjin Coin’s 5-day high is $ 0.531. 3.56% below its five-day high and 34.11 percent above its five-day low. Enjin Coin is above resistance. Enjin Coin is fluctuating with support around $ 0.444 and resistance at $ 0.479.
Hex Coin (HEX) must work hard and probably will
According to price forecasts, HEX could grow more popular over the next couple of years. Because many cryptocurrencies provide a higher annual percentage yield, HEX must work hard to stay abreast of the more established cryptos. However, the analysts appear to think that that hard work will produce positive outcomes.
Gov Capital predicts HEX to hit $ 0.25 in August 2022. HEX is predicted to hit the $ 1 mark by August 2024, rising to $ 2 by March 2026. HEX price forecast beyond that: $ 3.16 by mid-2027. DigitalCoinPrice predicts HEX won’t top $ 0.50 by 2030, a negative outlook. HEX should stay below $ 0.10 until April 2027. Its 2030 HEX price forecast is $ 0.20 and 2031’s is $ 0.22.
Chronoly (CRNO) has got winner written all over it
The utility token of Chronoly.io, CRNO, is a blockchain-based marketplace for investing in rare luxury watches like Rolex, Patek Philippe, Richard Mille, and Audemars Piguet on an affordable scale. Some of the distinctive qualities provided by the Chronoly ecosystem may soon cause the price of CRNO to rise.
One of the few decentralized NFT marketplaces supported by real assets is Chronoly.io. Each NFT that Chronoly produces is backed by a genuine physical timepiece. Due to the fractional nature of these NFTs, investors can purchase as little as $ 10 worth of a rare luxury watch. Owners of Chronoly’s watch-backed NFTs may trade or lend in secondary markets with their holdings as identification. The price of Chronoly tokens has already increased by 500% as of the second stage of the presale. In the first stage of presale, CRNO was made available at a starting price of $ 0.01; this price has since increased to $ 0.06.
Users can generate a passive income for their CRNO tokens by staking them on the Chronoly marketplace. Additionally, the platform plans to run a lottery every month in which three lucky winners will each receive a watch for placing first and cash awards in USDT for placing second and third. Chronoly has got the winner written all over it.
More information about the Chronoly Pre-sale here
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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