Orbeon Protocol (ORBN) and ABBC Coin (ABBC) Pumping, XRP Struggling for Traction
Orbeon Protocol and ABBC Coin are stirring interest among investors, while Ripple is under bearish pressure.
ABBC, an e-commerce platform, is seeing increased volume. At the same time, Orbeon Protocol’s presale is stirring a buzz among investors eager to make gains. Orbeon Protocol is getting attention from crypto whales, who seek to capitalize from this upcoming crowdfunding and venture capital platform.
Due to its ongoing lawsuit with the SEC, Ripple (XRP) failed to capitalize on the crypto market rebound. Investors are still determining how the legal battle will affect the token.
Orbeon protocol is a new platform set to change the crowdfunding and venture capital funding industry. It allows small investors to invest in upcoming startups for as low as $1. For a long time, only wealthy investors and venture funds had the opportunity to invest in early-stage startups. The early stages is when investors made their biggest returns in startups like Airbnb, Facebook and Uber.
By allowing small investors to get in early, Orbeon Protocol creates a win-win for startups and investors. Small investors can make huge gains by investing earlier than ever, while startups get more funding.
Venture capital and crowdfunding are huge industries, and Orbeon Protocol stands to gain a piece of that pie. That’s why experts expect it to jump 6,000% after its pre-sale. Orbeon Protocol is currently in the first stage of its presale, selling for 0,004 per token.
ABBC is a blockchain platform for secure payments, helping to drive crypto adoption in retail. ABBC Coin’s use case is making e-shopping safer and more accessible. It is disrupting the e-commerce space with its own wallet and shopping solution. ABBC Coin aims to provide lower transaction fees, faster payment, and more payment options for e-commerce.
The company behind ABBC offers its own wallet service – Aladdin Wallet. It also offers a shopping app Buyalladin, allowing users to buy merchandise from hundreds of shopping malls across the world. The ABBC Coin will benefit from the growth of both of these services.
With the rise of online retail, ABBC is in a growing market. As a leading crypto disruptor in the space, there’s a growing interest in the token. However, ABBC also faces some serious competition, including the retail giant Amazon and China’s Alibaba.
Ripple (XRP) is the utility token for the Ripple Network, built to facilitate cross-border payments and remittances. International payments have always been a massive cost for banking, and a critical use case for crypto. Unlike many other tokens, Ripple does not target average users. Instead, it targets large financial institutions.
However, since 2020, Ripple has been in a legal battle with the Securities and Exchange Commission (SEC). The US regulator believes that Ripple violated its rules on securities, by issuing its XRP token. According to the SEC, XRP is an unregulated security, promising returns to investors for future profits.
Ripple vehemently denies that XRP is a security. Instead, it stresses that XRP is a utility token, and is fighting the SEC in court. However, until the matter is resolved, the lawsuit will hang like a sword above XRP. If proven guilty, the SEC could fine Ripple billions of dollars, potentially crippling the ecosystem.
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