With the recent surge in the popularity of alternative cryptocurrencies, many investors are wondering which coin will take off next. While there are many contenders, Orbeon Protocol (ORBN) could be poised to overtake Shiba Inu (SHIB) and Dogecoin (DOGE).
Orbeon Protocol has seen a 125% increase in price since the start of presale, and many investors believe this momentum will carry the ORBN token to greater popularity than memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB).
What Are the Odds of Orbeon Protocol Overtaking Shiba Inu and Dogecoin?
The odds are favorable that Orbeon Protocol will continue to grow in popularity and value, overtaking Shiba Inu and Dogecoin to become one of the top cryptocurrencies by market capitalization. Some of the main criticisms of Shiba Inu and Dogecoin are the lack of real-world use cases and utility these coins provide. And as the crypto bear market intensifies, many investors seek to shed coins without strong practical applications. For some, this will include Dogecoin and Shiba Inu.
However, the cryptocurrency market is volatile and ever-changing. No one knows for sure whether Orbeon Protocol will overtake Shiba Inu and Dogecoin, but stranger things have happened in the world of cryptocurrency.
Community Support
Community support is always an important factor to consider when assessing a project’s chances of success. In this respect, Orbeon Protocol appears to be off to a racing start. The team behind Orbeon Protocol has been engaged with the community since the launch, and as the exponential growth of interest in the project has seen a fervent surge of support from the community. While Dogecoin and Shiba Inu take pride in the strength of their community spirit, this is all that drives the value behind the tokens as they are purely speculative.
Also, the Orbeon community appears to be quite active on social media platforms, such as Twitter and Reddit. This shows that there is interest in the project and that people are talking about it—both good signs of Orbeon Protocol’s prospects.
The Project Behind Orbeon Protocol
The key reason why investors are so bullish around the success of the ORBN token is the main project behind it.
Orbeon Protocol is a blockchain investment platform, in which startups can raise capital by releasing equity-backed fractionalized NFTs. These NFTs can then be purchased by investors for as low as $1, allowing startups to gain investment quickly and efficiently while sidestepping regulatory hurdles that affect fundraising. Everyday investors can also enter the venture capital industry with minimal risk, thanks to Orbeon Protocol’s “fill or kill” mechanism, written into the NFTs smart contract. Any company that fails to reach its fundraising goals in the set timeframe automatically returns invested money to investors.
For this reason, the project’s ORBN token has seen immense success during presale. Holders of ORBN receive benefits such as bonuses on staking their tokens, earning passive income, governance rights to decide the direction Orbeon protocol takes, and more.
Conclusion
It is certainly possible that Orbeon Protocol could overtake Shiba Inu and Dogecoin soon, with 6000% increase predicted during presale. Orbeon has several advantages over these coins, including a more robust team and community support. However, it remains to be seen whether Orbeon Protocol can gain the traction to make this happen. Only time will tell!
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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Source: https://www.thecoinrepublic.com/2022/11/11/can-orbeon-protocol-orbn-overtake-shiba-inu-shib-and-dogecoin-doge/