If you are reading this, you are probably already investing in the crypto market or wondering what cryptocurrency you should purchase. There are many different fundamental aspects to consider before investing in a token. Well-known cryptocurrencies like Bitcoin CV (BSV) and EthereumPoW (ETHW) have been struggling recently. However, the newly launched Plona (PLON) is here to prove to users that there is still life in the blockchain industry.
Investors worry as Bitcoin CV (BSV) is down 5%.
Bitcoin SV (BSV) is a division of the Bitcoin Cash (BCH) network in the blockchain. Powered by Bitcoin (BIT) scripting, the platform aims to restore the original bitcoin protocol and functions as a scalable chain designed to meet the demands of commercial infrastructure.
Bitcoin SV (BSV) aspires to continue the technological advancement of the original Bitcoin (BIT) protocol that came before it, allowing every transaction to proceed as a non-fungible token (NFT) or smart contract. Now worth almost $47 per coin, Bitcoin SV (BSV) value has fallen by 5% over the last week. Bitcoin SV (BSV) is not a cheap investment. Perhaps first-time investors should consider alternative cryptocurrencies in the market.
Is EthereumPoW (ETHW) losing its investors?
Industry-leading EthereumPoW (ETHW) is a proof-of-word fork of the Ethereum blockchain network. As a community-based project of developers and miners, EthereumPoW (ETHW) is focused on their beliefs that the network should stick to the proof-of-work consensus mechanism.
While Ethereum (ETH) is switching to the more energy-efficient method of proof-of-stake (PoS) consensus, EthereumPoW (ETHW) plans to continue running on the PoW mechanism. Over the last 24 hours, EthereumPoW (ETHW) went down by nearly 3% and dropped by almost 20% in the past seven days.
Plona (PLON) raises $1.5 million in two weeks.
Headlines after headline, everyone is talking about Plona (PLON), the cryptocurrency allowing luxury car enthusiasts to own a fraction of their favourite cars for only $29. Plona’s (PLON) presale has started, and this cryptocurrency is flying out of the market. With a launch price of $0.012, you can join the platform’s phase one presale. Investors will benefit from a 2.5% transaction fee on all network transactions.
The team at Plona (PLON) will be donating 2% of its tokens to a charity of the community’s choice and locking up liquidity for five years to prove their commitment to the platform’s success. Additionally, 32% will go to its presales, and 5% will go to future partnerships with celebrities, activists, and influencers who will actively engage with the Plona (PLON) community. With all the hype surrounding Plona (PLON), crypto analysts and blockchain enthusiasts have speculated the stage one presale will raise $1.5 million in only two weeks.
Find out more about Plona (PLONA) and enter the presale using the links below.
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