SPONSORED POST*
Bitcoin and other cryptocurrencies have lost a lot of value throughout 2022. Price drops for several tokens have been as high as 90% from their peaks, while the market as a whole has dropped by more than 70%.
Prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are still losing value as this bear market drags on.
However, Orbeon Protocol (ORBN), a new project with presale gains of 655%, is stealing the show. Orbeon Protocol is currently in phase 3 of its presale and is already attracting holders of both Bitcoin (BTC) and Ethereum (ETH).
What is Orbeon Protocol (ORBN)?
Orbeon Protocol (ORBN) provides a novel approach to startup fundraising. It is a blockchain-based investment platform that allows anyone to invest in a startup company through fractionalized equity-based NFTs.
Both businesses and investors benefit from this groundbreaking protocol. Because NFTs are more accessible to retail investors, this facilitates easier capital access for new businesses. Thanks to its low cost and lack of complexity, this fundraising strategy is within reach of even the smallest of companies.
Orbeon Protocol (ORBN) gives retail investors entry to promising new businesses. Previously, only institutional investors were eligible for this type of investment, but today, everyone has the ability to invest in the next unicorn companies with Orbeon Protocol.
Orbeon Protocol’s (ORBN) native token, ORBN, will be used to grant holders access to the platform’s governance, staking rewards, discounted trading fees, and other premium services. Orbeon Protocol is seen by many as a more viable investment prospect than both Bitcoin and Ethereum, especially in light of the project’s 655% price increase from $0.004 to $0.030 during presale.
Bitcoin (BTC)
Bitcoin (BTC) is well-known in the cryptocurrency community. Bitcoin (BTC) is a decentralized cryptocurrency that was launched in 2009 by an anonymous person or group going by the name Satoshi Nakamoto and is widely regarded as the “gold standard” of cryptocurrencies.
Bitcoin’s price has fallen 74.9 percent this past year, since its all-time high of $68,789 in November 2021. As a result of the recent price drop, many have started to doubt whether or not the cryptocurrency market is still a good place to put their money.
The worldwide economic slowdown is the key factor in BTC’s falling price. However, the recent discovery of FTX’s insolvency as a crypto derivatives exchange may have added to investor concern, thereby contributing to BTC’s price decrease.
Ethereum (ETH)
Ethereum (ETH) has the second-highest market valuation among all cryptocurrencies. As of its release in 2015, ETH has been available as an open-source platform for the development of DApps and smart contracts.
Ethereum’s (ETH) price has dropped even more than Bitcoin’s (BTC) price, falling 76.03% since its all-time high of $4,891 in November 2021. ETH’s price skyrocketed at the time due to excitement around the DeFi industry, but like the rest of the cryptocurrency market, it has since declined.
Some analysts see hope for a price recovery in Ethereum (ETH) while others are negative about the cryptocurrency. While much might change in the world of cryptocurrencies, one thing is for sure: Ethereum (ETH) will remain a key participant and give genuine value to its consumers.
However, many holders of Ethereum are choosing to explore other opportunities such as the Orbeon Protocol.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/12/14/desperate-holders-orbeon-protocol-presale/