The wider crypto market is experiencing a turbulent time, with the likes of Ripple (XRP) and Dogecoin (DOGE) staying steady on global markets. However, one crypto that is bucking the trend and has seen a meteoric rise over the past few weeks is Orbeon Protocol (ORBN). Now in the final phase of its presale following 805% growth, investors continue to snap up ORBN before it lists on major exchanges.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) leverages the revolutionary power of blockchain technology to connect investors with startups seeking capital. Startups can mint equity-based NFTs (non-fungible tokens) which are fractionalized and allow anyone to buy in with as little as $1.
For startups, Orbeon Protocol (ORBN) means the ability to sidestep bureaucratic processes, complex negotiations with venture capitalists and banks, as well as tedious paperwork. Instead, startups gain a direct relationship with their investors, enabling them to access capital quickly and easily.
Orbeon Protocol (ORBN) has its own native token, ORBN, which is used to pay for transactions and fees on the platform, as well as provide users with access to exclusive benefits, such as participation in private investment rounds, reduced fees, and governance rights.
With each phase of the presale selling out so quickly and listings on major exchanges imminent, ORBN looks set to continue its stellar trajectory during this final phase as analysts forecast a 6000% price surge for ORBN.
Ripple (XRP) is a cryptocurrency that facilitates instantaneous and low-cost payments across international borders. Ripple (XRP) was created as an alternative to Bitcoin (BTC) to enable faster transactions.
With transactions processed in just 4 seconds and a maximum transaction fee of 0.00001 XRP, Ripple has become an attractive proposition for individuals and businesses looking to send money quickly and cheaply across international borders.
However, despite its impressive technology, Ripple (XRP) has recently been mired in controversy due to legal issues between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. This has caused Ripple’s price to plummet on global markets, with investors now wary of investing in the currency. However, the sentiment is that Ripple (XRP) is on track to win the lawsuit, and if this comes to pass then we can expect the price of XRP to skyrocket.
Dogecoin (DOGE) is a meme-inspired cryptocurrency created in 2013. Dogecoin was initially intended as a joke, but has since gained traction and has become a legitimate form of cryptocurrency. In fact, there is a whole community dedicated to Dogecoin (DOGE), which has helped to drive up its value and popularity.
Dogecoin (DOGE) has been struggling in the global market recently due to a lack of development progress and bearish investment sentiment. This has caused the Dogecoin price to tumble more than 90% since hitting $0.73 in May 2021.
Dogecoin (DOGE) tends to only perform well during bull runs where FOMO (fear of missing out) is high. But with the wider crypto market in a downturn, Dogecoin (DOGE) is faced with the reality that it lacks the fundamentals to perform well in bearish markets. Despite this, Dogecoin may see increased utility if it is adopted as the currency of twitter according to Elon Musk’s wishes, which could see DOGE rise beyond its ATH.
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