New cryptocurrency Plona (PLON) may 10x by Christmas while Bitcoin (BTC), Ethereum (ETH) fall

Christmas is the time of year when everyone wants to sit back and enjoy all the hard work of the year. For crypto investors, the outlook may be better, given the current market situation. 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. The price usually indicates how well the crypto market is doing because it has the biggest dominance. As Bitcoin (BTC) prices remain low, many crypto investors and enthusiasts are getting discouraged about cryptocurrencies. But why is Bitcoin’s price falling?

First, the world economy is not doing well. As demand for oil continues to rise and Russia continues to fight Ukraine, it affects the economy on a larger scale. People start saving money or selling 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. When users purchase a Plona NFT with the Plona (PLON) token, they gain joint ownership of a luxury car such as 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 only takes 12% of the total supply, another notable reason why you should buy into this token. Many projects have a high offer dedicated to the team and top investors or firms, but not this project. For example, Uniswap allocated 40% of the total supply to the team and advisors at launch.

In 2019, it sounded impossible if someone told you that Bitcoin would increase almost 16 times within two years. 1 BTC was only $4000 back then. In 2021, it reached an all-time high of $65,000. And even though it’s bearish now, investors who bought back then still have plenty of profit.

Now you can buy Plona (PLON) and watch it appreciate about 10 times, or sit on the sidelines and watch it skyrocket. If you’re ready to buy into the first blockchain platform that gives everyone a chance to own a luxury car, jump on the presale now. The first phase of the pre-sale ends next month, so visit the buy now link and take part!

Pre-sale: https://buy.plona.io

Website: https://plona.io

Twitter: https://twitter.com/plonatoken

Telegram: https://t.me/plonatoken

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