Orbeon Protocol prices increase 125% during presale, Ethereum, Binance Coin shifted by investors
The past ten months have been quite unpredictable for crypto investors, as the market has swung to extremes, frequently. This has resulted in the erosion of the market standing for several established projects like Ethereum (ETH) and Binance (BNB). Both projects have lost significant value during the recent market crash. However, all is not gloomy in the crypto arena. Some newly launched projects have pumped life and optimism into the market. Leading them is Orbeon Protocol, which recently launched the pre-sale of its ORBN tokens. Convinced by the business roadmap and growth prospects, investors are buying up the ORBN tokens.
Ethereum (ETH) Goes Off The Track
Ethereum is a blockchain platform, which is best known for its native cryptocurrency, ether (ETH). The blockchain technology of Ethereum (ETH) enables secure digital ledgers to be created and maintained publicly. Recently, Ethereum (ETH) shifted from a proof-of-work to a proof-of-stake consensus mechanism. Ethereum (ETH) is the foundation for many decentralized apps and protocols.
Like many other long-standing cryptos, Ethereum (ETH) has also fallen in the past few weeks. Ethereum (ETH) has witnessed a fall of 8% in price during the last month. Currently, Ethereum (ETH) is being traded at $1,196.62, which is around 75% below its all-time high of $4,891.70.
Binance (BNB) Suffers Unsustainability
Binance (BNB) was founded by Changpeng Zhao and Yi He in 2017. Binance (BNB) is a blockchain-based online exchange that facilitates the trade of cryptocurrencies. Binance (BNB) supports most of the widely traded cryptos. Binance (BNB) also provides users with a crypto wallet to let them store electronic funds.
Binance’s (BNB) movement on the growth chart has been discouraging for the investors. The price of Binance (BNB) has gone down by 4% in the last seven days. As a result, Binance (BNB) is currently being traded at around $269.
Orbeon Protocol (ORBN) To Mint Millions For Its Holders
Democratizing and decentralizing the crowdfunding and venture capital industry, Orbeon Protocol (ORBN) has emerged as a top project. With a unique business roadmap, Orbeon Protocol (ORBN) has the primary goal of solving real-world issues related to fundraising. It is a blockchain-based platform that mints fractional NFTs against company opportunities. The platform allows retail investors to invest in early-stage businesses by purchasing NFTs. Orbeon Protocol (ORBN) empowers companies to raise funds for their business operations by offering equity-backed NFTs by using the Orbeon Protocol’s NFTs-as-service (NFTaas). NFTaas is a novel feature that makes the fundraising process cheaper and less time-consuming for companies seeking funding.
Orbeon Protocol (ORBN) has several features for investors too. With Orbeon Protocol (ORBN), people can invest in businesses for as little as $1. However, the platform’s most notable feature is the “Fill or Kill” mechanism. It guarantees that investors get their invested funds back if projects fail to achieve their target raise.
The whole ecosystem of Orbeon is governed by ORBN tokens, which can also be used as the governance token on the platform. Thus, ORBN holders will have a right to vote on the decisions of the platform. They will also get several other benefits, including cashback rewards and discounts on trading fees.
Orbeon Protocol witnessed a huge demand for its ORBN tokens. Investors have overwhelmingly rallied behind the project. As predicted by market analysts, the price of ORBN tokens, which has risen from $0.004 to $0.014, will reach $0.24 by the time the presale ends. They expect that ORBN tokens will skyrocket by 6000%.
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