The cryptocurrency market is booming with new projects, and Oryen Network (ORY) is one of them. Recently, the presale for Oryen Network has been gaining traction as it reportedly attracted influential whales from other blockchain projects such as Fantom (FTM) and Chainlink (LINK). In fact, Oryen Network has gained 570% since the start of its presale, which began in late 2022, marking a great success in terms of investor confidence.
Newcomer Oryen Network
Oryen Network is a multi-faceted cryptocurrency platform that combines staking, trading, and asset management into one hassle-free experience. It utilizes a signature protocol called Oryen Autostaking Technic (OAT), allowing users to stake ORY tokens without giving up custody of their assets or using an external staking contract, increasing investor security exponentially.
Furthermore, Oryen Network also offers a fixed APY of 90%, which translates to 0.177% daily rewards paid out every 60 minutes. As if that wasn’t enough, the project also incorporates a treasury system that backs up the ORY token; this treasury is called a Risk-Free Value (RFV) wallet. On top of this, all automated systems are exceptionally user-friendly and newbie friendly, perfect for those who are just starting out in the world of cryptocurrencies.
Fantom and Chainlink
When comparing Oryen Network to Fantom (FTM) and Chainlink (LINK), both these projects are different in terms of functionality but share similar visions concerning security and decentralization. Fantom is a highly scalable smart contract platform designed for low latency transactions, while Chainlink is an oracle network that provides secure data feeds for blockchain applications on different networks.
Both projects have seen tremendous success within their respective communities, with some whale investors shifting their capital towards Oryen Network due to its impressive features and unique approach towards staking rewards within its ecosystem.
The Bottomline
Hence, there’s no doubt investors will scramble to get their hands on pre-sale tokens before they go public on major exchanges later this year. Market sentiment is currently at an all-time low, meaning now would be the best time to purchase pre-sale tokens as it could potentially launch into a new macro uptrend afterward – setting off waves across the entire crypto space.
Additionally, news headlines featuring crypto experts like Darryl Boo discussing how they’ve purchased presale tokens add fuel to the fire, further amplifying investor confidence in this progressive project going forward!
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Source: https://coinpedia.org/press-release/oryen-network-presale-reportedly-backed-by-influential-fantom-chainlink-whales/