Blockchain technology is the future. There is no way around it. Blockchain developers are well aware of this fact and are working to capitalize on this almost five billion-dollar industry. Plona (PLON), a new cryptocurrency, aims to also benefit from this industry.
Holders of Ripple (XRP), Tokens Aren’t Happy with Recent Performance.
Ripple Labs created Ripple (XRP) which is a blockchain-based digital payments network and protocol that uses its cryptocurrency. Ripple (XRP), which is similar to international money and security transfers known as SWIFT, is a payment settlement asset and remittance exchange. Ripple (XRP), which has a market capital of $16 billion is a well-known name in the crypto marketplace as well as the blockchain industry.
Ripple (XRP), an unconventional model of network variations, saw the platform start to underperform. Ripple (XRP is one of many cryptocurrencies that has underperformed in this year’s market. This was due to Ripple (XRP) adding 46 million tokens to its total supply, bringing its total supply from 40.46 billion to 40.46. Ripple (XRP)’s value fell by 50% and fell 36% below its 200-week SMA.
Axie Infinity, (AXS), struggles to keep its value.
Axie Infinity (AXS), a non-fungible token based (NFT), video game by Sky Mavis from Vietnam, focuses on breeding and caring for creatures that can be used in battles.
The game’s focus is on trading, minting, collecting and minting Axies. Axie Infinity charges a 4.25% trade fee.
Sky Mavis also created a fast and custom sidechain to charge less than the primary Ethereum (ETH), blockchain called Ronin. All user transactions are done on the platform. Axie Infinity (AXS), despite its trading value dropping by 10%, has been performing well. Axie Infinity (AXS), now worth $11.15, is ranked 54th on CoinMarketCap.
Plona (PLON), sells 15,000,000 tokens in just two weeks
Plona (PLON), a newly launched cryptocurrency blockchain, aims to expand the car industry into the Blockchain industry. Plona (PLON), the coin’s developers, created it to encourage fractional ownership through tokenization. It allows its investors to purchase a fraction of their favorite luxury cars such as a Ferrari, Lamborghini or Bugatti for $29.
Plona (PLON) is a team made up of blockchain experts and enthusiasts of exotic cars. They are donating 2% of their tokens to a charity of their choice and locking up liquidity for the next two years to show that they are committed to the success and growth of the platform. Plona (PLON), the presale, is underway. The platform has already sold 15,000,000 tokens out of the 140 million available in phase one. Analysts have predicted that Plona (PLON), which has already sold 15 million tokens of the 140 million available in phase one, will raise $1 million before its presale ends and sell all 140 million coins.
The links below will take you to more information about Plona (PLONA), and allow you to enter the presale.
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