Why is the blockchain industry important? Before the release of Bitcoin in 2009, people had to manage their finances using banks, financial organisations, and other third-party companies. However, now with cryptocurrencies on the blockchain, we can eliminate these institutions. The recently launched Plona (PLON) token is leading the change in the finance sector.
Solana (SOL) struggles after a 5% decrease.
The developers of Solana (SOL) created this cryptocurrency to improve the Ethereum blockchain. Launched only in 2020, Solana (SOL) quickly gained popularity and rose to the top 10 of CoinMarketCap. The Solana (SOL) platform is known for its reliable smart contract function and for supporting developers worldwide who create crypto apps.
The platform was designed to host scalable apps functioning in the decentralised finance ecosystem (DeFi). A year after its launch, Solana (SOL) scaled by 12,000% in 2021. However, this year saw its market capitalisation fall by a whopping $11.71 billion. Furthermore, Solana (SOL) dropped by another 5% this week.
Polkadot (DOT) might lose its investors.
Polkadot is a unique protocol that securely connects unrelated blockchains to talk and work with one another. This connection allows the data or value to flow without interruption between cryptocurrencies like Bitcoin (BIT) or Ethereum (ETH). The Polkadot (DOT) platform allows for apps and services running a compatible decentralised web by securely communicating across various chains.
Polkadot (POL) can be bought or sold through a decentralised protocol or exchanges like Coinbase and allows users to send value and data to networks that were once incompatible. Polkadot (DOT) would like to forget last week after its value dropped by 4.65%. Now worth $5.91, Polkadot (DOT) sits in 12th place on the CoinMarketCap. If you are looking for a cheaper option, Plona (PLON) might be the right investment for you.
Plona (PLON) to $500 thousand in its first two weeks of the presale.
Developed by a team of blockchain experts and exotic car enthusiasts, Plona (PLON) is a cryptocurrency blockchain. As an Ethereum-based non-fungible token (NFT), Plona (PLON) functions on the decentralised finance (DeFi) platform. Plona (PLON) is bringing the car industry into the blockchain space by allowing investors to purchase a fraction of some of the world’s most luxurious cars for $29.
Plona (PLON) platform is locking up liquidity for five years and donating 2% of its tokens to a charity chosen by the community. Furthermore, Plona (PLON) investors will benefit from a 2.5% transaction fee from all network transactions. Plona (PLON) phase one presale has begun, and after only two weeks, the platform has raised $500 thousand. Blockchain experts and crypto analysts have predicted Plona (PLON) to have a 3,000% gain by the end of January 2023. Find out more about Plona (PLONA) and enter the presale using the links below.
Presale: https://buy.plona.io
Website: https://plona.io
Twitter: https://twitter.com/plonatoken
Telegram: https://t.me/plonatoken
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/11/solana-sol-and-polkadot-dot-will-look-to-improve-after-plona-plon-raises-500-thousand