Bitcoin (BTC) and Ethereum (ETH) already touched their peaks and pulled back heavily in May, so this may be the right time to start looking for altcoins to add to your portfolio. However, there are countless projects to choose from depending on your strategy.
If you are looking for altcoins for June, this article is for you. We’ve selected three altcoins with 50x the potential for you to consider. Axie Infinity (AXS), Filecoin (FIL), and Chronology (CRNO) We’ve made it to the top of our June watch list. Let’s learn more about them.
Is Chronoly (CRNO) a safe bet?
Chronoly (CRNO) is the world’s first partial, co-investment platform for luxury watches. You can buy fractions of extremely rare watches for as little as $10 on the Chronoly market. Sold per coin $0.04 – an increase of 300% since the pre-sale started in May, and experts believe price will increase 100 times After the token is officially released on exchanges like Uniswap and PancakeSwap. Analysts forecast price to market 0.5 dollars – that’s 5000% Increase if you purchased CRNO at the beginning of its pre-sale.
A real watch supports every NFT watch on the Chronoly market. Users can trade their fractions around the clock on Chronoly’s secondary market or a third-party NFT market based on the Ethereum (ETH) blockchain such as Opensea. Chronoly (CRNO) clock-backed NFTs can be used as proof of authenticity and ownership, used as collateral for loans, traded on secondary markets, or stored as digital collectibles in the Chronoly (CRNO) ecosystem. Chronoly (CRNO) is the token powering their ecosystem and getting many crypto traders excited for phase 2 of their pre-sale.
Axie Infinity (AXS) – Buy bottom
Axie Infinity (AXS) is a trading and war game that uses blockchain and is partially owned and managed by its players. The token price is above the exponential moving average, which indicates that AXS bulls are starting to support the token. As a result, analysts consider the last few days to be an excellent opportunity to buy the dip since AXS has started to rise again.
The past few weeks have been bearish for Axie Infinity. Also, the price of AXS has dropped more than 50% in the last 30 days. If this trend continues, AXS could have a tough year. It is also very important to note that all coins and tokens took a big hit from the crash. Axie Infinity (AXS) hit an all-time high in July 2021 with a price of $160; however, Axie Infinity (AXS) has since been dropping. Still, experts think that AXS will recover once the entire market improves, so now would be the perfect time to buy.
Is Filecoin (FIL) a purchase?
California, USA-based Protocol Labs announced that it will begin work on the Filecoin (FIL) project in 2014. Its main purpose is to make a decentralized service to store information in different places. Unfortunately, the lowest you could pay to trade this month was $7.42. The last 30-day highs were above $18, so it’s clear that the crash has severely impacted Filecoin (FIL).
Filecoin (FIL) is currently very low priced so now might be a good time to invest as the entire market has crashed. After yesterday’s rally that allowed FIL to grow around 8%, it will be very interesting to see how Filecoin (FIL) and the entire market will evolve in the coming weeks. Analysts recommend waiting a few days or weeks to see if the price is bullish or bearish.
For more information about Kronoly
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