You may never evaluate how solid your project is until it is deep in a turbulent environment. The ongoing shakeup in the crypto market has caused nearly all projects to dip while some folded their operations. FTX and BlockFi are the two main projects that have filed for bankruptcy.
On the brighter side, this extreme market volatility has brought to light the most reliable and robustly built projects. Few projects, like Oryen Network, have advanced their growth during the crypto downturn.
What is Oryen Network?
Oryen is a simple-yet-powerful permissionless staking protocol. Meaning, Oryen is fully decentralized and governed by its community members. The platform’s highlight feature is its 90% fixed APY that users earn from holding $ORY. More exciting for traders is that the yields are payable every hour. This simplified and automated staking technology only requires users to hold $ORY – Oryen’s native token.
Oryen Network deploys an incentive-driven mechanism to reward users who hold $ORY through the buy-and-sell tax. Additionally, the project leverages the anti-whale tax model to keep its network censorship-resistant. Thus, Oryen prevents malicious individuals from holding the majority of the token supply.
ICO Performance of Oryen
Oryen has recorded its best performance yet after a 250% growth in two months. This performance is against the backdrop of a 20% decline in overall crypto market capitalization in the same period. This remarkable growth beats other projects in the same category as Oryen and has solidified the project’s position as a leading staking protocol.
Even after gaining 3X, Oryen isn’t slowing down. The project’s ongoing presale projects further token price surge through December and into 2023. Check out the presale schedule below to track the token’s progress:
| 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 Shiba Inu Work?
Shiba Inu is a community ecosystem featuring the wildly popular $SHIB meme coin. The platform is inspired by the growth of meme tokens and bills itself as the ‘Dogecoin Killer.’ Primarily, Shiba Inu is developing an ecosystem that will offer utility for its $SHIB token to induce demand and add value to the project and community.
$SHIB has slumped 25% in November following panic sales and declining hype over meme coins. Some investors question whether the projects are viable in the long term if they can’t sustain the craze.
What is Fantom?
Fantom is a blockchain protocol that deploys a custom-built Lachesis consensus mechanism to achieve faster transaction finality, higher throughput, and enhanced proof-of-stake (PoS). Also, the project boasts Ethereum-like security with EVM compatibility. So, developers can seamlessly leverage the chain to build their Ethereum-based projects on Fantom.
Fantom’s $FTM is the token that fuels transactions, fee collection, staking, and other network activities. Similar to $SHIB, the token took a 25% tumble in November.
The Bottomline
Comparing $ORY’s performance to any top token, including $SHIB and $FTM, it’s safe to say that Oryen is a solid project. The protocol’s well-designed architecture enables it to generate mega earnings for users with barely any effort. This framework is sustained by powerful tools that stabilize $ORY’s price, even during bear markets.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/12/07/icos-during-bear-markets-bring-the-most-profitable-returns-oryen-network-outpacing-early-shiba-inu-and-fantom/