Oryen Network Fairing Better Than Cardano Or Polkadot Despite Bear Market Blues

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The market has taken notice of the 250% price rise that The Oryen Network saw in its presale. The currency currently ranks among the top altcoins after outpacing well-known cryptocurrencies like Cardano and Polkadot in market valuation.

You understand the value of diversifying your portfolio with various assets, some of which carry a higher level of risk than others but have the potential to provide high rates of return on your capital.

Fresh on the scene, Oryen (ORY) is already giving Polkadot and Cardano a run for their money to claim the lead in this battle for passive income generation, making an investment in Oryen Network worthwhile.

Oryen Network 

Staking is a core part of the Oryen ecosystem. Users secure assets inside the system by staking their ORY, which generates yields and provides stability to the system. The design of the protocol with the end user in mind is to provide a stable and fixed return irrespective of the market conditions.

Compounding and staking are both performed automatically because of the smart contracts developed by the Oryen developers.

Oryen continues to provide investors with value, which attracts increasing capital allocation. Oryen’s developers have taken extra precautions with the RFV (Risk-Free-Value) wallet to protect investor cash in the event of a catastrophic market downturn.

In the event of a rapid sell-off or other unforeseen events, this particular wallet inside the OAT might be used to stabilize the price of ORY as a liquidity reserve. As a powerful tool for earning money and a project where the designers have considered every possibility, Oryen deserves the moniker “bear-proof.”

Cardano

A blockchain platform called Cardano aims to be more adaptable and potent than Ethereum. It is made to support and create a wide range of applications. Due to its lower energy usage and independence from cryptocurrency mining, it has also established itself as a rival to proof-of-work (PoW) blockchains like Bitcoin.

Investors chose to place their money in Oryen instead of Cardano (ADA) as the news of the FTX crash affected the price of Cardano (ADA).

Polkadot

Integration is Polkadot’s main goal. The project creates the foundation for the future decentralized web. By building its relay chain, Polkadot has made it easier to transmit data and assets between its parallel network of parachains.

However, Polkadot faces a significant threat from other interoperability centers like the Cosmos network. Furthermore, DOT is unable to create a consistent floor price, and it appears that Polkadot investors will continue to lose money.

Summary

By giving 250% gains to its early investors and overtaking Polkadot and Cardano in recent ‘top gainers,’ Oryen has already demonstrated its viability. Therefore, it should go without saying that making an early investment in Oryen would be a wise move.

For More Information:

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

Website: https://oryennetwork.io/

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Source: https://insidebitcoins.com/news/oryen-network-fairing-better-than-cardano-or-polkadot-despite-bear-market-blues