10x Possible In A Bear Market? Check Out Hedera (HBAR) and Plona (PLON)

A bear market is an uncertain time for everyone in the crypto space. Nobody can accurately predict when a red market will end or how long major coins will take to bounce back. However, some coins rack up solid gains in a bear market, giving investors some compensation for their heavy losses. Two such coins are Hedera (HBAR) and Plona (PLON).

Hedera is a decentralised network that claims to be 10x faster than other blockchain alternatives. It saves the planet with a negative carbon footprint and has affordable gas fees. Hedera’s (HBAR) price action was over 10% gains in 7 days at the time of writing, while Bitcoin(BTC) is still at a loss.

In fact, Hedera (HBAR) could be considered bullish at this point after being relatively stable throughout most of September. Considering this coin’s influential governing council and distinct utility, it can go much higher even in a bear market. But Plona (PLON) seems like a token with a greater potential to outdo strong coins like Hedera (HBAR).

Plona (PLON) is one coin that could explode and supersede current market conditions. An ERC-20 token on the Ethereum blockchain changes how people will own luxury cars starting now. Why wait to save up for years when you can hold part of a luxury car as an NFT? Plona(PLON) makes this possible through its native token, PLON. When more people realise this coin's utility, they will want to get a piece of the action, which could lead to a price surge as it appreciates in value.

Another reason a token like Plona (PLON) is poised to do well in a bear market is its deflationary model. A deflationary model means the token’s supply is reduced through burning, which helps the price increase. Here, the token will be burnt with every order on it. Binance Coin (BNB) is another deflationary coin. Its price has grown since its launch, partially due to this model.

The final and probably the best reason Plona (PLON) could do 10x or even 20x in this market is that it is currently on presale. Any solid crypto investor knows presale coins are usually the juiciest because they are just launching. You can join the Plona (PLON) presale party today and buy into this token before its price shoots up astronomically. Today, it is not even up to a dollar. Who knows what its price will be in a few months? You want to be on the winning team when the coin finally starts to pay off.

Presale: https://buy.plona.io

Website: https://plona.io

Twitter: https://twitter.com/plonatoken

Telegram: https://t.me/plonatoken

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.