When choosing the most promising cryptocurrencies to invest in, it helps to look at the practical application of each coin you focus on. Tokens that come with a practical application in the real world have more room to grow.
Orbeon Protocol (ORBN) is a fine example of a token with practical utility in the business and crowdfunding sector. It is currently in phase 3 of its presale which is predicted to grow by 6000% in the next few weeks.
Other hot picks to consider include PancakeSwap (CAKE) and Ripple (XRP). Here’s why we believe the three tokens to be hot picks for 2023.
Built on the Binance Smart Chain, PancakeSwap (CAKE) is a DEX that lets users trade different tokens using a pricing structure based on the amount of liquidity provided by users. PancakeSwap (CAKE) liquidity providers are rewarded with the transaction fees charged to traders.
The PancakeSwap (CAKE) exchange uses the same method as Uniswap (UNI). Unlike Uniswap, which runs on the Ethereum chain, PancakeSwap (CAKE) is built on the Binance chain.
This means that PancakeSwap (CAKE) has faster speed and lower transaction costs or gas fees. PancakeSwap (CAKE) delivers the kind of value you won’t find on Ethereum-based exchanges, which is why it has great growth potential. If it continues to deliver on these promises, we are likely to see PancakeSwap surge in value in the near future.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) aims to revolutionize the venture capital and crowdfunding industries by introducing a unique way of bringing investors and startups together in the web3 environment.
Businesses seeking to raise capital and regular people who want to invest into companies with great potential can easily and affordably achieve their goals on the Orbeon Protocol platform.
Orbeon Protocol allows startups to mint fractionalized NFTs that represent the equity of the business. The fractionalized NFTs are then sold to investors for a low price of even $1.
This approach ensures that startups get access to a wider pool of investors and retail investors get the opportunity to invest in businesses with great promise without the usual restrictions faced in the traditional venture capital industry.
ORBN, the native token, plays a key role in the platform’s operations. Holders of ORBN have many perks including staking rewards, governance rights, and discounts on transactions done on the Orbeon Exchange.
The practical utility and benefits of Orbeon Protocol in venture capital have greatly contributed to the meteoritic rise of its value in presale. The price of ORBN is expected to rise by 6000% by the time the presale ends.
Ripple (XRP) was developed by Ripple Labs, a company committed to building effective payment systems and blockchain-based solutions for financial organizations.
The XRP ledger creates an effective consensus process capable of handling numerous transactions quickly and at a low cost. Many developers are now using the Ripple (XRP) platform.
Ripple (XRP) has been around for a longer time than other altcoins. Ripple (XRP) was launched in 2012 as a means of supporting payment systems on the blockchain.
The Ripple (XRP) token has seen price surges and even gained 9% in November. With plans to launch its own sidechain in 2023, Ripple (XRP) is definitely a good long-term hold.
Find Out More About The Orbeon Protocol Presale