In a bear market, many investors look for alternatives to big coins like Bitcoin (BTC) and Ethereum (ETH). Others look to other Web3 aspects like NFTs and the Metaverse. While Ethereum (ETH) and Solana (SOL) have stood out as the most sought-after NFT coins, Plona (PLON) might be the next token to outshine these two, with good reasons.
How is Plona (PLON) different?
Plona (PLON) is going to change the world of NFTs. If you have bought or traded NFTs, you will know that NFT traders and enthusiasts usually load up on Ethereum (ETH) or Solana (SOL) to buy their favourite projects. But Plona (PLON) is the native token of a much more robust NFT ecosystem; luxury cars. So, while you can use Ethereum (ETH) and Solana (SOL) to buy into different projects that might not work out, buying Plona (PLON) is a direct investment into NFTs into a peculiar NFT concept.
Plona (PLON) is the world’s first platform that allows users to own a fraction of luxury cars as NFTs. You might have been dreaming of buying your first Porsche. Maybe you aped in on a crypto coin, hoping to buy a Lambo quickly. Well, now you can be a step closer to that dream. Not only would you get the chance to own a Lambo partially, but when Plona (PLON) moons, you can also own your own Lamborghini!
Make more money with Plona (PLON) NFTs.
Plona (PLON) does not allow you to own fractions of luxury cars alone; it also enables you to do something you can do with a physical luxury car: use it as collateral. You can use your Plona (PLON) NFT as collateral for loans since it is backed by a physical vehicle.
Then again, owning the Plona (PLON) token makes it easier for you to survive a bear market. How? Apart from being backed by physical luxury cars, Plona (PLON) is deflationary. The token’s team will reduce its supply by occasionally burning it. When the coin starts getting high demand after a burn, you know what that means for your wallets. So even when the whole market is dipping, taking Solana (SOL) and Ethereum (ETH) with it, your NFT’s value still stands solid because luxury cars hardly depreciate rapidly like crypto coins.
Plona’s (PLON) presale is currently on, and you do not want to miss the opportunity to cash in on this potentially massive token before it moons. Remember, a coin is usually cheap at presale, and with a solid utility like this, it can potentially deliver mouth-watering returns to investors.
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Source: https://coinpedia.org/press-release/plona-might-surpass-solana-and-ethereum-as-the-next-nft-coin/