Seldom do we hear that a new crypto project has been able to make a big impact in the market. However, Orbeon Protocol (ORBN) is one of the rare projects that has stormed crypto enthusiasts and market analysts with its massive 655% growth rate thus far. Meanwhile, projects like FTX Token (FTT) and Ripple (XRP) have fallen to the ground due to current bearish market conditions.
FTX Token’s (FTT) Volatility Scares Investors
FTX Token (FTT) has been experiencing extreme volatility in the last few weeks. While on some days, it has posted an intra-day gain of around 30%, on others, it dipped severely. Noticeably, the price of FTX Token (FTT) has declined by around 95% in just one month. This severe fall has made investors wary about FTX Token’s (FTT) stability.
FTX Token (FTT) is a centralized, blockchain-powered crypto derivatives exchange. FTX Token (FTT) was developed to offer futures, leveraged tokens, and over-the-counter trading. FTX Token (FTT), launched in 2019, has the main goal of solving the shortcomings of the futures exchanges. FTX Token (FTT) aims to establish itself as one of the best crypto derivatives exchanges. FTT is the native crypto of the FTX Token (FTT) ecosystem.
Investors Pumped By Historic Success Of Orbeon Protocol’s (ORBN) Pre-Sale
Orbeon Protocol (ORBN) is a blockchain-based decentralized platform that caters to the needs of the venture capital and crowdfunding industry. Orbeon Protocol (ORBN) creates digital tokenized versions of shares issued by companies in the form of fractional NFTs, which can be purchased by individual investors for as low as $1. Orbeon Protocol (ORBN) enables businesses to raise funds by offering equity-based NFTs.
Orbeon Protocol (ORBN) has disrupted the traditional fundraising process and helps both businesses and investors. For companies, Orbeon Protocol (ORBN) has come up with NFTs-as-service (NFTaas), making the fundraising process quicker and less expensive.
Orbeon Protocol (ORBN) offers two major benefits to investors. First, the platform lists only promising real-world companies. Second, the platform eliminates the possibility of scams by integrating a “Fill or Kill” safety mechanism in its smart contract. The safety mechanism ensures that investors get their invested amount back if the fundraising process fails.
ORBN is the native crypto that runs the Orbeon ecosystem, which has four elements: OrbeonExchange, Orbeon Swap, Orbeon Wallet, and Metaverse. ORBN tokens also offer many benefits to holders, including discounts on trading fees, cashback rewards, and the right to vote on key resolutions.
Ripple (XRP) Struggles To Cover Its Losses
Ripple (XRP) is a blockchain platform built to facilitate cross-border and cross-platform fund transfers. Ripple’s native crypto, XRP, was launched as a faster, cost-effective, and scalable digital asset that can simplify payments. Ripple (XRP) was developed to facilitate exchange between various cryptocurrencies and fiat currencies.
Most cryptocurrencies have suffered a loss in value in the last month, and Ripple (XRP) is no exception to that. The price of Ripple (XRP) has fallen by 21% in the last 30 days. In the past week, Ripple’s (XRP) price has plunged by 4%. Currently, Ripple (XRP) is being traded at $0.39, which is 90% below its all-time high of $3.84.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/12/orbeon-protocol-orbn-explodes-during-pre-sale-while-ftx-token-ftt-ripple-xrp-become-sluggish