New Cryptocurrency Plona (PLON) Could 10x By Christmas While Bitcoin (BTC), Ethereum (ETH) Dip

Christmas is the time of the year when everyone wants to sit back and enjoy all the year’s hard work. For crypto investors, the outlook could be better, given the current state of the market. But, new cryptocurrencies like Plona (PLON) could give investors a much-needed break from the bear market.

Why is Bitcoin (BTC) down?

Bitcoin (BTC) is the king of cryptocurrencies. Its price usually indicates how well the crypto market is doing because it has the largest dominance. When Bitcoin (BTC) prices stay down, many crypto investors and enthusiasts get discouraged about cryptocurrencies. But why is Bitcoin’s price falling?

First of all, the global economy is not doing well. As demand for oil keeps surging and Russia continues to battle Ukraine, it affects the economy on a wider scale. People begin to conserve their cash or sell available altcoins like Ethereum (ETH) for money.

How will Plona (PLON) be different?

Plona (PLON) is an ecosystem that aims to help everyone own luxury cars through NFTs. As users purchase a Plona NFT with the Plona (PLON) token, they get joint ownership of a luxury car like a McLaren with other NFT holders. So while most cryptocurrencies are backed by fiat technically, Plona (PLON) is backed by real luxury cars with the utmost insurance.

The Plona (PLON) token runs on the Ethereum (ETH) blockchain, where all token and NFT transactions will take place. With Ethereum’s recent switch to Proof of Work, transactions should be faster and cheaper than before.

The Plona (PLON) team is taking just 12% of the total supply, another remarkable reason why you should buy into this token. Many projects have a high supply dedicated to the team and top investors or firms, but not this project. For example, Uniswap allocated 40% of its total supply to the team and advisors at launch.

In 2019, it sounded impossible if someone told you that Bitcoin would go up almost 16x within two years. 1 BTC was just $4,000 back then. In 2021, it reached an all-time high of $65,000. And although it’s bearish now, investors that bought then are still in a lot of profit.

Now, you can buy Plona (PLON) and watch it appreciate about 10x, or sit on the sidelines and see it skyrocket. If you are ready to buy into the first blockchain platform allowing everyone a chance to own a luxury car, jump on the presale now. The first phase of the presale ends next month, so visit the buy now link and grab your share!

Presale: https://buy.plona.io

Website: https://plona.io

Twitter: https://twitter.com/plonatoken

Telegram: https://t.me/plonatoken

Share This Article

Do the sharing thingy