Price fluctuation is a common feature of the cryptocurrency industry. However, some tokens have continued to record a disturbing losing streak. Two such tokens are Gala Games (GALA) and STEPN (GMT).
Unlike these tokens with disturbing depreciation records, Orbeon Protocol (ORBN) keeps consolidating on its gain, with price up 655% the presale came out.
STEPN’s Crashing Continues
STEPN is a Solana Blockchain-based Web3 lifestyle app. By combining fitness with a play-to-earn game, STEPN created the move-to-earn concept that rewards fitness with money-making opportunities.
STEPN users can buy NFT sneakers through which they can earn game currency while engaging in activities such as running, walking, and jogging that enable them to stay physically fit.
STEPN’s revolutionary idea notwithstanding, the native token STEPN has recorded consistent depreciation over the past year. Although STEPN peaked at $4.11 just 7 months ago, STEPN has depreciated by over 90% and its current value is a mere $0.4.
Gala Games Fails to Appreciate
Gala Games is designed to give players “blockchain games you’ll actually want to play.” The goal of Gala Games is to give players control over their favorite games and use blockchain technology to offer them in-game assets such as non-fungible tokens (NFTs).
Besides the control gala has over their games, Gala Games token holders are also bestowed with governance power so that Gala holders can influence the type of available games and those that need funding.
Within the past year, however, the Gala Games has depreciated from its peak value of $0.8367 to $0.02556, representing about 97% depreciation in Gala Games price.
Orbeon Protocol Rises Further
Orbeon Protocol was developed to revolutionize the entrepreneurship industry by offering users easy access to venture capitalists and business ideas with the potential to give entrepreneurs a great return on investment.
Companies that are having a tough time raising funds can take advantage of Orbeon protocol to fundraise with ease.
Orbeon Protocol will help the company to create fractional non-fungible tokens (NFTs) and offer them to investors at an affordable price. With the investment requirements lowered, many prospective investors will be encouraged to invest. This makes it easier for the company to reach its funding goal.
Orbeon Protocol ecosystem consists of a multi-chain launchpad for users to launch their businesses and raise capital for them on a good number of blockchain networks. A ‘Fill or Kill’ mechanism is built into the Orbeon Protocol to protect investors, if funding goals aren’t met within the set amount of time investors will be refunded.
For instance, a company hoping to raise $1,000,000 may approach the team for fundraising help. Orbeon Protocol may create 200,000 fractional NFTs and offer them to the public at $5 per unit. The affordable price will attract many investors and make the fundraising goal achievable.
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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Source: https://www.thecoinrepublic.com/2022/12/14/stepn-gmt-and-gala-games-gala-continue-losing-streak-as-orbeon-protocol-orbn-rises-further/