Metaverse Coins Like ApeCoin (APE) And Axie Infinity (AXS) Sink As Orbeon Protocol (ORBN) Skyrockets
In the currency crypto market, it might not be easy to choose a trustworthy coin with excellent room for growth and solid fundamentals to incorporate into your investment portfolio. That is why presales are always more sought after since the price is so low and the potential is sky-high. This article will introduce a project currently in stage 5 of its presale that could become the next crypto king – Orbeon Protocol (ORBN)! Let’s see how it will compete against ApeCoin (APE) and Axie Infinity (AXS) in 2023.
ApeCoin (APE)
The native coin ApeCoin (APE) belongs to the ApeCoin DAO, linked to the well-known NFT initiative Bored Ape Yacht Club. The ApeCoin (APE) is used mainly to govern the APE ecosystem.
The volatility of ApeCoin (APE) has been on display this last week, going up and down constantly. However, when we look at the ApeCoin (APE) weekly charts, we see a bloody drop-off of 5%. ApeCoin (APE) is currently worth $5.97, a 0.49% increase in the past 24 hours.
A recent class-action lawsuit was also filed against Yuga Labs, a significant contributor to ApeCoin (APE), which could be another trigger for a downward trend. Investing in ApeCoin (APE) may not be the wisest idea as the token is clouded by controversy.
Axie Infinity (AXS)
One significant development that integrates blockchain and NFTs to provide players with a distinctive experience is Axie Infinity (AXS). At its core, Axie Infinity (AXS) is a blockchain-based play-to-earn game allowing players to battle other players with creatures called Axies.
In the past 30 days, Axie Infinity (AXS) rose by 70%, which can be attributed to the most recent crypto rally. However, it now appears that Axie Infinity (AXS) has cooled off as the coin is trading for $11.47, a slight rise of just 1% overnight. The trading volume of Axie Infinity (AXS) has also suffered, as it saw a loss of 27% at that same time.
The sentiment around Axie Infinity (AXS) is neutral at the moment, with its relative strength index also displaying a close-to-sell signal. Although Axie Infinity (AXS) may show positive movement soon, analysts believe it will not be substantial as it lacks real-world use cases.
Orbeon Protocol (ORBN)
The crowdfunding and venture capital industries will soon have another major player join them by the name of Orbeon Protocol (ORBN), which could change them forever. Orbeon Protocol (ORBN) will create the first investment platform giving up-and-coming businesses a new method to raise funds and connect to their communities – through equity-based fractionalized NFTs.
Investors can purchase equity in a promising startup for prices as low as $1. Not only that, the fractionalization of these tokens will result in a larger pool of investors forming and contributing to businesses in need of funding.
Orbeon Protocol (ORBN) ecosystem will also feature Wallet, Swap, Exchange, and Metaverse networking events – all powered by the ORBN coin. With benefits like staking rewards and governance, the current price of ORBN, which is just $0.071, is excellent. The hype behind this project is so big that some experts even predict it could reach $0.24 by the time the presale ends, so investors who buy it now are set to reap the benefits.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
The post Metaverse Coins Like ApeCoin (APE) And Axie Infinity (AXS) Sink As Orbeon Protocol (ORBN) Skyrockets appeared first on CoinChapter.
Filed under: Bitcoin - @ February 11, 2023 7:00 am