The crypto market has taken a turn in 2023. Solana is on the rise, BONK, a new Shiba Inu rival, has taken the market by storm, and Orbeon Protocol continues to defy trends, rising in value for the third month in a row by over 980%. As the market recovers, investors are looking to boost their portfolios. Here’s why they should consider Solana (SOL), BONK and Orbeon Protocol (ORBN).
Orbeon Protocol Is On Track To Become One Of The Biggest Cryptos In 2023
Orbeon Protocol is one of the most anticipated projects of 2023, with an exciting ecosystem and revolutionary real-world applications. To give investors peace of mind from the onset, Orbeon Protocol’s smart contract has been successfully audited by Solid Proof, and its liquidity has been locked for a decade. So what does it offer?
The main feature of Orbeon Protocol is its unique launchpad, which combines DeFi with fundraising to remove traditional barriers to entry. In the current funding market, startups rely on venture capitalists for funding. These venture capitalists often demand upwards of 20% of their business for funding, forcing startups into long-term congrats.
With Orbeon Protocol, startups can choose how much of their business they want to sell with NFTs representing equity in their business. These NFTs are fractionalized, which makes them accessible for as little as $1. This diversifies how startups generate funds, reducing risk while attracting investors who believe in their service or product.
All startups on Orbeon Protocol are vetted before they can be invested in, and investors are protected by a “Fill” or “Kill” smart contract mechanism, which refunds them if a startup misses its funding targets.
Each of these will be powered by ORBN. ORBN has a supply of 888,000,000 tokens, and provides access to an investor club called the “Winners Circle,” staking bonuses, governance rights, and more.
In total, 40% of the ORBN supply will be sold to the public, with 47,927,490 tokens being sold so far. During its presale, ORBN has increased from $0.004 to $0.0435, with analysts predicting this to further increase in 2023.
BONK Surges In Price After Solana Airdrop
BONK is a new dog memecoin created on the Solana blockchain. BONK was airdropped to the Solana community and has increased by 983% since the 29th of December, reaching a market cap of $50 million.
BONK has been described as the first Solana Dog Coin for the people and has become a big hit on Twitter. 50% of the initial BONK supply was airdropped to Solana NFT collectors according to the Bonk whitepaper, with the remaining BONK supply being sold on PancakeSwap.
Solana (SOL) Sees Huge Gains As We Enter 2023
Solana has bounced back in 2023, rising from $9.8 to over $13 in just seven days. Founded by the Solana Foundation, Solana was created to make decentralized finance more accessible worldwide.
In late 2022, Solana experienced an increase in trading volume, which has since been followed by a huge surge in price. Despite being significantly lower than its all-time high of $259.96, many investors believe Solana could be a strong investment in 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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Source: https://coinpedia.org/press-release/sol-price-surges-as-shiba-inu-rival-bonk-takes-off-price-of-orbeon-protocol-price-increases/