Stacks (STX) and Reef Finance (REEF) drop over the weekend, while Plona (PLON) raises $800,000
Stack (STX) is one of the leading cryptocurrencies in the non-fungible token (NFT) space. The platform employs a new strategy to enable investors new to the cryptocurrency market to earn Bitcoin (BIT) with the help of smart contracts. The Stack Network works by allowing Stack (STX) token holders to lock their tokens into the network to support Stack (STX) consensus. Stack (STX) investors have the opportunity to earn up to 10% Annual Percentage Yield (APY), paid in Bitcoin (BIT). This feature is also called “stacking”.
Stacks (STX) will be connected to Bitcoin (BIT) through proof-of-remittance for payments, and offer a variety of decentralized finance (DeFi) solutions such as NFTs, app development options, and more. Investors can use Stack (STX) in any Stack Ecosystem product, including name registrars, DeFi applications, and NFT marketplaces. About $9 million worth of Stacks (STX) tokens have been exchanged in the last 24 hours, with trading volume down 27%.
Reef Finance (REEF) trading volume fell by 58% in 24 hours.
A blockchain-based decentralized platform called Reef Finance (REEF) aims to find the best potential for traders and investors in the decentralized finance (DeFi) ecosystem. Reef Finance (REEF), a platform built on Polkadot (DOT), aims to simplify liquidity and token exchange between different blockchains. By culling the greatest opportunities in the DeFi ecosystem, the platform is made to help traders and investors get the most out of their trading efforts and other DeFi services.
Through Reef Yield, Reef Finance (REEF) token holders can participate in artificial intelligence-powered mining, staking, and smart borrowing and lending. After Reef Finance (REEF) trading volume dropped by 58%, the cryptocurrency blockchain is now worth $0.005 per coin. Reef Finance (REEF) has similarly suffered a disastrous 8% drop over the past seven days.
Plona (PLON) sold 80 million tokens and raised $800,000 in 3 weeks.
Plona (PLON) is one of the most innovative cryptocurrencies in the blockchain industry. Plona (PLON) promotes fractional ownership through tokenization, allowing users to own some of the world’s most exclusive cars for just $29. For each investment, users will receive a minted Non-Fungible Token (NFT). This is backed and underwritten in parallel by a physical vehicle that is stored and insured in a professionally secured unit. The platform partners with celebrities and influencers to regularly engage with the community, promote Plona (PLON) and attract investment.
Additionally, investors can benefit from a 2.5% transaction fee on all network transactions. (PLON) creator locks up liquidity for her 5 years and donates 2% of his tokens to community-chosen charities to prove his dedication to the success of the platform. Plona (PLON) will be listed on Uniswap on 16 February 2023 at 15:00 UTC. Plona (PLON), whose pre-sale is underway, has already sold 80 million of his 140 million tokens available, raising over $800,000. Currently, he can buy one Plona (PLON) token for $0.012 and crypto analysts predict he will return 3,000% by January 2023.
To learn more about Plona (PLON) and participate in the pre-sale, visit the link below.
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