Crypto markets are notorious for volatility, and many investors brace for sharply falling prices. However, 2022’s volatility has been aggravated by the collapse of two top projects – LUNA and FTX.com exchange.
These collapses triggered devastating losses for investors. Even then, some projects, including Dash, ApeCoin, and BNB Coin, have pulled a strong performance and are rebounding stronger. Despite these projects’ commendable performance, Oryen Network outshines them all. Oryen is making light work of its ongoing ICO. The protocol’s token is up 200% in the latest gains for investors.
Understanding Oryen Network
Oryen is a BSC-based crypto staking protocol built purposely to offer investors a profitable and reliable stream of passive income. The network’s staking is as simple as buying, holding, and earning rewards via its native token, $ORY. The staking experience on Oryen is unmatchable – the auto-staking technic generates fixed yields of 90% per year. So, you don’t have to worry about hidden fees or terms for earning your passive income.
Beyond the high yields, Oryen’s developers have designed a secure network framework, regularly audited to prevent smart contract exposures and resolve potential vulnerabilities. Also, the protocol holds assert reserves that sustain $ORY’s value during bear markets. These assets are 100% controlled by the community members.
Since launching in late September, the $ORY token has gained value from $0.05 to $0.15. The community has over 80,000 holders and a fast-growing market cap. Oryen leverages an anti-whale tax mechanism to keep the network censorship-resistant and prevent a 51% attack on the network.
What is Dash?
Dash is a decentralized blockchain platform built to offer instant, cheap, and convenient global payment solutions. The protocol aims to revolutionize payments by leveraging blockchain’s security and transparency to power a user-friendly and scalable payment network.
Dash issues its native token, $DASH, aka Digital Cash, which is the lifeblood that fuels payment processes on Dash. After taking a slight fall in early November, $DASH has recovered and is up 10% in the month.
What is Apecoin?
The APE ecosystem is a decentralized community dedicated to building solutions for the imminent Web3 technology. The platform aims to build the future of DApp spaces through reward mechanisms that empower and incentivize users. A decentralized autonomous organization, the ApeCoin DAO, runs the platform.
ApeCoin’s native token, $APE, facilitates on-chain transactions and can be deployed for governance purposes on ApeCoin DAO. The crypto is down 25% but regaining steadily as crypto markets rebound.
What is Binance Coin?
Binance Coin ($BNB) is one of crypto’s most utility-rich tokens. The token facilitates transactions on the largest centralized exchange by trading volume, Binance. $BNB has rapidly grown as its parent crypto exchange expands operations, adding even more utility and demand for the token. Beyond the CEX, Binance also has a decentralized exchange (DEX), which leverages $BNB. Many projects built on BSC also use $BNB to run processes in their respective ecosystems. Essentially, the demand for $BNB is never-ending.
Even with this demand, $BNB has taken a hit as crypto activities slowed in November. The token is steadily recovering from its dip and is currently up 8% for the month.
Final Takeaway
Oryen’s performance is a landslide win for the project. The token has enjoyed 200% gains in two months, while its closest counterparts have barely gained 10% in the past month. Oryen is set to dominate markets as 2022 closes and will most likely rise to the top of crypto rankings in 2023 when crypto markets turn bullish.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/11/30/oryen-network-absolutely-smashes-top-gainers-list-with-200-price-surge-leaving-dash-apecoin-and-binance-coin-behind/