And
this is exactly what happened in October 2021, when he announced an exclusive
five-year partnership between his basketball team, the Dallas Mavericks, and
Voyager Digital. In fact, from October to November, the Voyager token soared
nearly 300%. What’s happened since has put Mark Cuban in hot water, but the
price movement shows just how respected his opinion is.
So what
has Mark Cuban been saying about Cardano (ADA) and Chronoly.io (CRNO)? Let’s find out.
Cuban isn’t a Cardano (ADA) bull
Cardano
(ADA) ranks #8 in the world’s top crypto projects by market cap. The biggest
“Ethereum killer” has a loyal fanbase who believe that Cardano’s strengths lie
within its development community and academic background. Yet Cardano has
lagged behind other tokens when it comes to doing anything particularly
innovative.
For
example, smart contracts were only introduced to the Cardano network in 2021,
while Ethereum has had smart contracts since its launch. This is the same
sentiment Mark Cuban holds. He’s stated that Cardano is “just not there yet” in
terms of it having a real impact on crypto.
He
points out that, since the implementation of smart contracts, Cardano has done
little with the technology that has drawn users in. He even said that Dogecoin
(DOGE) is a more viable transaction medium than Cardano. Cuban noted that while
Cardano might be able to run more applications, DOGE users know its value is in
being transactional.
Despite
Cardano’s popularity, it’s hard to discount what Cuban is saying regarding ADA.
Given his track record as an excellent investor, it’s wise to listen to what he
has to say.
Chronoly.io (CRNO) would have
Shark Tank investors captivated
The
latest utility token to take the
crypto world by storm, Chronoly.io (CRNO), hasn’t yet been
picked up by Mark Cuban. But knowing his investment philosophy, we can imagine
what he would say.
But
first, what is Chronoly.io (CRNO)? Chronoly.io (CRNO) is a decentralized marketplace for trading in fractional shares of
luxury watches. In the past, you would’ve needed to pay hundreds of thousands
to speculate on the long-term value of a Rolex or Audemars Piguet timepiece.
But now, you can buy fractions of NFTs that are linked to the physical watch,
which Chronoly.io (CRNO) holds in their secure vaults worldwide.
Given Chronoly.io’s (CRNO) incredible innovation and disruption of a traditional market, we
can guess that Mark Cuban would look favorably upon Chronoly.io (CRNO). If the project were on Shark Tank, Cuban
would be buying up CRNO tokens rapidly, as other whales already have been. The Chronoly.io (CRNO) token is used for discounted
trading fees and staking, and its price will only appreciate as Chronoly.io (CRNO) goes mainstream.
Right
now, Chronoly.io (CRNO) is worth $0.079, already up 690% from its May price of
$0.01, and Cuban would probably call Chronoly.io (CRNO) massively
undervalued at these prices. Analysts are forecasting Chronoly.io (CRNO) will launch to the public between $0.50 and $1.00 by the end of September when presale finishes – delivering
potential 1000%+ gains in less than
a month.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
