The market is losing trust in Solana (SOL), while Orbeon Protocol (ORBN) Raises $400k in 2 Days of Presale
Solana is having a very rough month. After dropping off the #2 spot for NFT sales, and down to the #8 spot for total TVL on DeFi, it has also had a series of downturns and a whole month-long slump that has barely ended. Meanwhile, Orbeon Protocol raises $400k in 2 days of Phase 1 of its presale, in which ORBN is predicted to skyrocket in value by 6000%.
Solana is Losing the Industry’s Trust: Repeated Setbacks for SOL
Solana’s endless setbacks are beginning to really cost the coin its future. After constantly losing spots and suffering from a month-long slump after an (earlier) horrible crash in value, Solana’s days look bleak. Solana isn’t completely out of the game just yet, but it’s not looking great for the coin, and unless things change fast then Solana may end up losing all of its investors.
While Solana has a far way to go before it’s totally belly-up, it’s also still reeling from the endless blows that rain down on it. This coin used to be worth $250, but now it can’t even break $40. It is a sad day for Solana. It may be wise to save your money and invest in another venture if you were considering buying Solana.
Orbeon Protocol Raises $400k in 2 Days of Presale, Stunning Enthusiasts
Orbeon Protocol, a form of crypto/NFT crowdfunding that is based on a unique blockchain investment platform, has raised up to $400k in the first two days of its native ORBN token presale. These numbers are quite impressive and are a sign of great things to come for Orbeon Protocol. ORBN is clearly benefiting from being bound to such an interesting project – it’s likely that the token will be as widely successful as the Orbeon Protocol platform is.
The unique platform that acts as the foundation for Orbeon Protocol is a marketplace where startups and early-stage companies can rapidly raise capital through minting fractionalised NFTS. These NFTs represent a form of equity in the company, and everyday investors have the opportunity to purchase them for as low as $1. This accessibility has been disrupting the traditional venture capital and crowdfunding industries, as historically only those with significant capital for investment or large firms have had access to these unicorn investment opportunities.
ORBN functions as the native token for this ecosystem, and part of the reason for the surging demand behind the coin is due to the utility it provides to holders. Users of the Orbeon Protocol ecosystem will be granted access to staking bonuses, project governance rights and transaction fee discounts.
Analysts have estimated ORBN tokens to increase in value by up to 6000% during the Phase 1 Presale, with the price rising from $0.004 to $0.24.With the potential for huge gains as well as unrivaled utility, Orbeon Protocol is shaping up to be a massive player in the web3 world.
Find Out More About The Orbeon Protocol Presale