2022 has been a year to forget for many crypto traders. After the crypto market reached its all-time high (ATH) in November 2021 with a $2.5 trillion market cap, the sector recorded new lows in each subsequent quarter. Despite signaling a recovery in Q3 following LUNA’s collapse, the crypto market was dealt another blow with the FTX exchange meltdown.
Now, in Q4, not many tokens can be recommended as good buys. Some projects are still dipping, while others are shaky. Some tokens worth considering include TRON, $BNB, and $SHIB. Still, one token you can’t afford to miss out on is $ORY from Oryen Network.
What is Oryen Network?
Oryen Network is a community-governed and censorship-resistant staking protocol. The platform’s salient feature is its high-yield staking which offers a fixed APY of 90% yearly and 0.177% daily. You only need to buy and hold $ORY to earn a passive income. What’s more? You can access payouts every hour.
Oryen has a built-in dApp allowing P2P token swaps for holders. Also, you can supply liquidity to $ORY pairs to earn rewards. The dApp comprises resourceful tools to help you track your investment growth. This new feature is the latest addition to Oryen’s list of powerful tools.
Other essential features on the platform include the Risk-Free Value wallet and Oryen Treasury. These tools hold reserves in the form of stablecoins and protocol-owned liquidity to keep $ORY stable amid declining markets.
ICO Performance of Oryen
In two months, $ORY has surged 3X against the bearish trends in the crypto markets. The token trades for $0.175 and will soon surpass the $0.20 mark. Across the crypto market, barely any project has recorded gains in the same period. However, $ORY has crashed with 300% gains for its earliest investors.
Still, the ongoing presale will offer gains up to the last investor before the token launches fully. See the ICO schedule below to see how and when to get started with Oryen:
Presale Session | Date | ORY Price | Purchase Bonus |
Presale 2 | 02 Nov — 09 Nov | $0.1 | 10% |
Presale 3 | 09 Nov — 16 Nov | $0.11 | 9% |
Presale 4 | 16 Nov — 23 Nov | $0.12 | 8% |
Presale 5 | 23 Nov — 02 Dec | $0.15 | 7% |
Presale 6 | 02 Nov — 09 Dec | $0.175 | 5% |
Presale 7 | 09 Nov — 16 Dec | $0.21 | 5% |
Presale 8 | 16 Nov — 23 Dec | $0.25 | 5% |
Presale 9 | 23 Nov — 27 Dec | $0.3 | 0% |
How Does TRON Work?
TRON is a permissionless blockchain protocol built by the Tron Foundation to create a decentralized internet for developing dApps. Primarily, the blockchain acts as an alternative to Ethereum, with a more scalable network, faster transactions, and lower fees. TRON focuses mainly on the creator economy, allowing creators to monetize their content to users directly, without interference from intermediaries.
Its native $ TRX powers all transactions on TRON. The token also facilitates the reward system for creators. $TRX is down 15% in the period $ORY surged 200%.
What is Binance Coin?
Binance Coin ($BNB) is a utility-rich token native to the Binance Smart Chain and Binance centralized exchange – the largest CEX by trading volume. The token facilitates transactions on these exchanges, offering massive discounts on fees. Beyond the exchanges, $BNB is utilized to supply liquidity and trade NFTs.
$BNB has dipped 15% in the past two months despite its ‘endless’ utility. Its performance is solid compared to other top projects that have slumped over 50% in the same period.
What is Shiba Inu?
Shiba Inu is a meme coin project that features the $SHIB token. The project aims to provide the ultimate dApp experience for users with increased utility for $SHIB. The project ranks among the top 15 cryptocurrencies by market cap and is the second-most famous meme coin.
$SHIB has plunged 25% but indicates strong potential for recovery when markets restart their bullish trends.
The Bottomline
Buying the dip is not a rule cast in stone. Some projects could fail to recover from their decline, resulting in devastating losses for investors. Still, other projects can recover effectively when market trends flip. Such tokens include $SHIB, $BNB, and $TRX.
Upcoming ICO projects also present a good opportunity to grow your assets. $ORY is arguably the best token to buy before 2023. It is growing fast and could reach 100X when bullish trends begin.
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Source: https://coinpedia.org/press-release/oryen-network-listed-among-top-cryptos-to-buy-before-new-years-eve-ahead-of-tron-binance-coin-shiba-inu/