The year is rounding up, and investors in the blockchain industry have seen the cryptocurrency marketplace value drop exponentially. Although the industry is on a downward slope, there are still some cryptocurrencies that are worth investing in before the end of 2022.
The state of the crypto market has left coins like Curve DAO (CRV) and Enjin (ENJ) struggling to find their feet. However, Plona (PLON) is one of the few tokens moving in a great direction regardless of the state of the crypto marketplace. Curve and Enjin have been in the blockchain industry for many years now. Meanwhile, Plona (PLON), only recently launching into the market, is looking to make a name for itself, doing so effectively.
Curve Dao (CRV) is down 4.40% – What does this mean?
If you want to simplify the process of exchanging different ERC-20 tokens, Curve Dao (CRV) is the cryptocurrency for you. Curve’s platform will streamline this exchange process while providing its users with swap support for Bitcoin tokens (BIT) based on Ethereum (ETH) and stablecoins like USDC and DAI.
Curve Dao (CRV), an Ethereum-based cryptocurrency, is a blockchain that powers Curve.fi at a low cost. Curve.fi is a decentralized exchange and automated market maker protocol that uses liquidity pools instead of exchanges that match a buyer and a seller. We saw a 4.40% decrease in Curve Dao (CRV) tokens, leaving Curve token holders in a frenzy. Currently worth $0.91 today, Curve Dao (CRV) is one of the more expensive cryptocurrencies in the marketplaces that isn’t performing at its best. Investors in Curve Dao (CRV) are now looking for more affordable tokens like Plona (PLON), which is doing remarkably well.
Can Enjin (ENJ) token climb back up on top?
Enjin, a software providing developers with the ability to create and manage virtual goods, uses blockchain technology to manage in-game items across various properties. The developers of Enjin designed this cryptocurrency on the Ethereum blockchain. They wanted to make it easy for individuals, businesses, and brands to use non-fungible tokens (NFTs).
There are high fees and fraud problems in the virtual in-game goods and collectables industry that the Enjin (ENJ) platform is tackling and trying to use. The team at Enjin (ENJ) wants users to have the ability to design their own assets on the Ethereum blockchain and integrate them into apps and games. So, Enjin (ENJ) released its own software development kits to aid this process. Currently, one Enjin (ENJ) will cost you $0.457 as the coin went down by 0.89% in 24 hours. Enjin (ENJ) is now trading at 0.0003305 Ethereum (ETH), with the potential to drop even more. If you are looking for a more affordable option, consider investing in Plona, which only costs $0.14.
(PLON) Set to Gain 3,500%, according to crypto analysts?
What is Plona (PLON)? Plona (PLON) is a non-fungible token (NFT) project based on the Ethereum (ETH) blockchain. The creators of Plona (PLON) are blockchain experts who love exotic cars. They designed Plona (PLON) to be the world’s first fractional luxury car investment platform on the blockchain, enabling users to trade fractional NFTs backed by real-world automobiles. Plona (PLON) token is at the forefront of promoting fractional ownership by tokenization, leading experts to believe the platform will have a 3,500% gain by January 2023.
Investors in the blockchain industry can own a fraction of the luxury cars of their choice after investing $29 in the Plona platform. Plona’s starting price at launch is $0.012 but is subject to change, given how much hype this cryptocurrency has received. A unique feature that the team at Plona (PLON) is calling Plona Airdrop will reward Plona (PLON) token holders who hold on to their coins in their wallets. This feature enables users in the community to benefit from a 2.5% transaction fee on all network transactions. As of today, the Plona (PLON) token might be worth purchasing over Curve Dao and Enjin.
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