Cryptocurrency is evolving quickly, and new developments are being made constantly to bring a better tomorrow. As such, investors have taken notice of a new project in stage 8 of its presale that could disrupt an entire industry – the Orbeon Protocol (ORBN).
In this article, we will take a closer look at this currency as we compare it to popular coins like Ethereum Classic (ETC) and FTX Token (FTT).
Ethereum Classic (ETC)
Ethereum Classic (ETC) is a fully accessible blockchain platform that can be used to implement and develop smart contracts. In 2021, the Ethereum Classic (ETC) coin reached an all-time high of $167 as investors sought less expensive cryptocurrencies.
However, Ethereum Classic (ETC) has not gone so smoothly since then. The Ethereum Classic (ETC) coin is currently trading for $21.71, a decrease of 2.42% in the past 24 hours and an 87% fall from its peak. All fundamental indicators are red for Ethereum Classic (ETC), as its sentiment is bearish. Bulls have found resistance at the $23 level, and efforts to break through it have been unsuccessful.
Analysts believe that if Ethereum Classic (ETC) does not pass this level soon, it could fall to $18 by mid-2023. A lack of development activity and the potential for better investment opportunities in other currencies are the fundamental causes of this recent price decline for Ethereum Classic (ETC).
FTX Token (FTT)
FTX Token (FTT), the native coin of the bankrupt FTX Exchange, has seen better days. It currently trades for $1.58 as FTX Token (FTT) holders are becoming more anxious about its future.
It was recently discovered that $150 million was generated by a charity connected to a former FTX executive due to an insider transaction with the FTX Token (FTT). These FTX Token (FTT) assets were exchanged for $0.05, which was not offered to the general market.
With a current trading volume of $10M, which is a fall of 27% during the past day, FTX Token (FTT) may see further price declines as selling pressure mounts. Analysts remain long-term bearish about FTX Token (FTT) with a price prediction of $1.20 by the end of 2023 as FTX Token (FTT) still lacks utility without the FTX exchange.
The Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) which aims to incorporate regular investors into the crowdfunding industry, has received extraordinary attention during its ongoing presale. By creating the first blockchain-based crowdfunding platform, Orbeon Protocol (ORBN) will facilitate the creation, fractionalization, and sale of equity-based NFTs!
Say a startup needs funds; Orbeon Protocol (ORBN) will mint fractional NFTs underpinned by actual equity into the company and allow investors to purchase it partially for prices as low as one dollar. As more investors can join in the process, companies will reach their goals quicker – benefits for all.
The ORBN token which will power this platform has surged by 1814% from its starting price of $0.004 and is currently worth $0.0766. Due to these features & innovations, several analysts forecast a $3.30 price point for ORBN by the end of 2023, which could make for 20x the profit! So do not hesitate to sign up for the presale below and reap the benefits, as Orbeon Protocol (ORBN) could become a significant crowdfunding entity for years to come!
Find out more about the Orbeon Protocol presale:-
Website: https://orbeonprotocol.com/
Source: https://www.cryptonewsz.com/etc-and-ftt-token-drops-while-orbn-to-disrupt-the-industry/