To keep up with the volatility and vibrancy of the cryptocurrency market, investors make frequent changes to their investment ideas and methods. Every investor wants to see a profit from their assets, so understanding how, when, and what cryptocurrency is suitable for investments is crucial.
Polygon (MATIC) is Down by 9.84%
Polygon (MATIC) recently confirmed a partnership between the Ethereum L2 token and the Robinhood trading platform. Polygon (MATIC) had publicly announced its partnership with Robinhood, which impacted the rate of Ploygon’s price.
The price of Polygon (MATIC) has fallen by -9.84% from September 5th to October 2nd. Although, the market has seen it slightly rise again over the last seven days by 2.33%. Polygon (MATIC) is now ranked 12th on CoinMarketCap and has a circulating supply of more than over 8.7 Billion coins. However, Polygon (MATIC) token holders might want to consider investing in more stable cryptocurrencies before the year concludes.
TRON (TRX) investors are not pleased with recent performance
TRON (TRX) is a decentralised open-source blockchain that runs on a Proof of Stake consensus (PoS). This cryptocurrency primarily relies on Tron (TRX) token holders locking up their tokens, and given that it utilises a proof of stake algorithm, Tron (TRX) tokens can’t be mined. Investors expect a good return because of the long-term range consolidation of the value, which can be a bullish sign if Tron (TRX) doesn’t break the support in the upcoming months.
Similar to conventional YouTube pages, the blockchain-based cryptocurrency network Tron is primarily for the digital entertainment industry. Tron (TRX) was designed to address the censorship issue in traditional media and remove the power top platform owners have on online content. Tron (TRX) is ranked 15th on CoinMarketCap and has a circulating supply of over 92 million coins. Its trading value has dropped by -4.52% in the last seven days. Now worth $0.059 or 0.000003251 BTC, there are other more affordable tokens in the marketplace that provide better stability.
Plona (PLON) investors are getting their money’s worth
Plona (PLON) is the first platform of its kind that enables investors to buy portions of a variety of expensive and exotic cars from across the world, including, but not limited to, Ferrari, Bentley, Bugatti, Porsche, Lamborghini, and McLaren. Owning fractions of exotic cars is an eye-catching proposition if you are a luxury car enthusiast. Every interested party will have the chance to take the initiative and begin their investment for as little as $29.
Existing Plona (PLON) token holders can also benefit from a 2.5% transaction fee on all network transactions. This means investors will earn more the longer they maintain Plona (PLON) tokens in their wallets. With a strong community behind it, crypto analysts believe the Plona (PLON) token can climb up the CoinMarketCap in no time. They also suspect Plona (PLON) to have a 2,500% gain before 2023 and its launching price of $0.12 to increase exponentially. Find out more about Plona (PLONA) and enter the round one presale using the links below.
Presale: https://buy.plona.io
Website: https://plona.io
Twitter: https://twitter.com/plonatoken
Telegram: https://t.me/plonatoken
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Source: https://coinpedia.org/press-release/what-you-need-to-know-about-plona-plon-tron-polygon-matic-before-investing-in-the-cryptocurrency-market/