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Amid rising fears of the US economy sliding into a recession, a large number of crypto tokens have witnessed a reversal of their fortunes in the last few months. One such token is STEPN (GMT), which witnessed a dramatic jump in price on the back of the craze around move-to-earn crypto assets.
But its fall has been equally dramatic. Interestingly, while STEPN is falling, the price of a new Ethereum blockchain-based utility token Chronoly.io (CRNO) has emerged as investors’ favorite. Chronoly.io (CRNO) token’s price soared to a new high in the recently concluded presale, which was nearly sold out.
Let’s analyze how the fortunes have changed for GMT and Chronoly.io (CRNO) tokens and what the future holds in store for these digital assets.
Move-to-earn STEPN struggling to move up
Based on the Solana blockchain, STEPN is a self-styled Web3 lifestyle app with GameFi elements. The app...
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