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Plona (PLON) Sells 20 Million Tokens After Second Week – Can Maker (MKR) and Helium (HNT) Keep Up?

IndustryTrends

Maker (MKR) will aim for a better week after a 13% decline.

Maker (MKR) is one of the most well-known decentralised applications (dApps) and ERC-20 tokens. Known as the Multi-Collateral Dai (MCD) system, for allowing users to take advantage of assets to generate Dai, Maker (MKR) is one of the first-ever tradeable tokens on the Ethereum network.

Maker (MKR) is the basis for a new-generation blockchain-based banking system aiming to solve volatility issues for the crypto market. The platform traded around $51.9 million worth of Maker tokens in the last 24 hours, starting at $950 per coin. After a poor seven days filled with ups and downs, Maker (MKR) completed the week with a 13% decline.

Helium's (HNT) market value is down by 5% again.

The Helium Network (HNT) is a decentralised blockchain-powered platform for the Internet of Things (IoT) devices using the LoWaWAN system. Helium (HNT) allows for wireless internet connection between devices globally without requiring satellite location hardware or expensive cellular plans to geolocate its users.

Furthermore, Helium Network (HNT) seeks to supply connectivity to areas that require too much power or aren't getting enough wireless or mobile coverage. There are 129 million Helium tokens (HNT) currently in circulation, starting at $4.15 per token. Helium Network's market value dropped by nearly 5% and traded $6.8 million worth of Helium tokens (HNT)L in the past 24 hours. If you are looking for a less expensive and more cost-efficient cryptocurrency to invest in, then consider Plona (PLON).

Plona (PLON) sells 20 million tokens this week.

Recently released Plona (PLON) is an Ethereum-based (ETH) non-fungible token (NFT) project. The developers of Plona (PLON) are comprised of a team of blockchain experts and exotic car enthusiasts, aiming to allow other luxury car enthusiasts in the crypto space to own their favourite luxury cars. With each investment of only $29, users will receive minted NFT tokens that are parallel backed and underwritten by a physical vehicle that will be stored and insured in a specialist secured unit.

The platform accepts several cryptocurrencies, ranging from Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), and many more. The platform's smart contract passed its audit by Interfi Network, a well-respected auditing firm in the crypto industry. Plona (PLON) currently costs $0.012 as it undergoes the first week of its stage one presale. The platform has already sold 20 million of the 140 million Plona tokens (PLON) available in the phase one presale.

Crypto analysts have predicted that investors will receive a 3,000% gain by the end of January 2023. Plona's phase one presale will end on the 20th of January, 2023. Find out more about Plona (PLONA) and enter the presale using the links below.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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