• Internet Computer (ICP) launched in 2021 with an ambition to challenge the hegemony of tech giants, yet has suffered a huge drop in value and investors have lost confidence.
• Cronos (CRO) showed signs of recovery in early 2023 but its 24-hour trading volume has decreased by more than 50%.
• Yachtify is a newly launched Blockchain platform which comes with numerous benefits and is drawing attention from crypto enthusiasts and investors.
Cryptocurrency Unpredictability
Due to the unpredictability of cryptocurrency, investors often have to stay up-to-date with trending coins that could guarantee them gains. In recent times, some tokens are performing creditably while many others’ performance is woeful.
Internet Computer (ICP)
Internet Computer (ICP) was launched in 2021 with the ambition to challenge the hegemony of tech giants such as Google and Amazon. However, it has experienced a huge drop in value soon after launch, leaving investors counting their losses and frustrated with the token. The coin still holds a market capitalization above $1 billion but its 24-hour trading volume has decreased by 45.67% to around $14 million. This leaves investors to be cautious about investing in this token.
Cronos (CRO)
Cronos (CRO) had shown signs of recovery in early 2023 after having been brought down to below $0.0550 at the end of 2022. Despite this initial growth, its 24-hour trading volume plummeted to $13,719,840 representing a downward percentage of 50.35 %; predicting that further depreciation may occur and leaving investors weary when considering investing in this token. Currently Cronos is ranked #34 with a market cap over $1 billion and 25 billion CRO coins available for circulation.
Yachtify
Yachtify is a newly launched Blockchain platform which offers numerous benefits for users and is attracting attention from crypto enthusiasts and investors alike due to its promise of high returns on investments made into the token.. With rumors circulating that Yachtify will be one of the most actively traded tokens on exchanges soon enough, now might be an ideal time for prospective investors looking for quick gains from cryptocurrency investmentsto invest into Yachtify tokens before it potentially skyrockets past other tokens currently on the market .
Conclusion
Investors must take caution when dealing with cryptocurrencies due their unpredictable nature; there are several tokens performing well however some show no signs of improvement or even depreciate further so caution must be taken when deciding where best to invest one’s money into cryptocurrencies.. Yachtify seems like an attractive choice due to its numerous benefits however Internet Computer (ICP)and Cronos (CRO) appear not yet ready for potential success anytime soon despite being highly valued coins already on exchanges..