Oryen Network Launched DApp During Presale and Causes FOMO among Fantom and SHIB Holders

Based on the market development, it seems that DApps are going to usher in a new era of cryptocurrency. This particular sector of blockchain is helpful because they provide increased security, transparency, and decentralization compared to traditional applications. Furthermore, the decentralized nature of DApps ensures that the data and operations are not controlled by a single entity, which reduces the risk of censorship, tampering, or data breaches.

The Oryen Network has recently launched its new decentralized application (DApp) during its presale, and it has caused quite a stir among crypto holders. The project has attracted a lot of attention from holders of popular cryptocurrencies, such as Fantom and Shiba Inu, who have eagerly awaited the opportunity to participate in the presale.

Understanding Fantom

Fantom is a blockchain technology platform that enables fast, scalable, and secure transactions for smart contracts and decentralized applications. It is designed to support large-scale distributed applications, including decentralized exchanges, gaming, and IoT applications. 

In the current scenario, the Fantom blockchain has yet to perform well due to the overall bear market and the departure in March 2022 of influential developer Andre Cronje, who held a technical advisory role for three years. This announcement caused FTM’s price to drop by almost 17%.

What is the Oryen Network?

Oryen Network has recently launched its latest offering, the Oryen decentralized app (dApp), which aims to provide users with a range of secure and trustworthy DeFi services, including low-cost token swaps through the Oryen DEX.

The staking protocol is built on the BNB Smart Chain and offers tools that make staking straightforward. Oryen holders do not need to lock their assets to earn rewards; they can buy and hold the platform’s native token, $ORY, and make a guaranteed 90% APY. 

Additionally, the project uses additional tools, like its Risk-Free-Value (RFV) wallet, to ensure that the token’s price is supported by liquidity to keep it stable during challenging conditions. The network has recently received much support from the crypto community, and analysts like Jim Crypto have given the project a high rating.

Here is Oryen’s presale schedule:

Understanding SHIB

Shiba Inu (SHIB) is a decentralized cryptocurrency and the native token of the Shiba Inu network. It is an Ethereum-based token that was launched in August 2020. The token is modelled after the Dogecoin meme token to be used as a joke currency. The primary use cases for SHIB are to offer low-fee transactions, decentralized smart contracts, and to act as a store of value.

Investors are wary of SHIB’s prospects, given the lack of use cases for the token, and because they believe that other projects have a higher potential to increase in value over time. Experts suggest that SHIB needs more real-world use or utility to be a viable option.

Key Takeaways

The launch of the Oryen Network’s DApp has created a great deal of excitement among crypto holders and has demonstrated the potential of decentralized applications to revolutionize the world of cryptocurrency. The success of the Oryen Network’s presale is a testament to the same. It is thus no surprise that many are drooling over the idea of getting their hands on ORY tokens in one of the earliest stages of the project.

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

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