General bearish economic and crypto market conditions have rendered many protocols, companies, and projects bankrupt. Even huge projects and networks like Ethereum and Monero have drained investors and traders of their hard-earned money.
In contrast, a new project, Orbeon Protocol, is putting a smile on investors’ faces with its innovative real-world utility. It is still in its presale stage and seeing a surge in demand from an influx of investors, with experts anticipating a 6000% rise in ORBN’s price.
Monero (XMR) Breaking New Lows
Privacy-focused Monero network has seen a steady price loss during the bear market. However, compared to the largest cryptocurrencies like Bitcoin and Ethereum, Monero has fared much better, with less 50% of its price lost to 2022’s bearish market.
Launched in 2014, Monero boasts an innovative privacy-focused technology for secured, anonymous, and untraceable peer-to-peer transactions. The price of the Monero token (XMR) Is $129.9, with a modest daily change of 0.59%. However, analysts think Monero could bounce back with newer upgrades and products released within the Monero network.
Ethereum (ETH) Dips By 50% Post-Merge
The Ethereum merge has been the highlight event within the Ethereum blockchain this year. The historic switch from Proof of Work to Proof of Stake consensus mechanism was what everyone had been waiting for.
However, hopes that Ethereum’s price would soar after the event were dashed, and the Ether token continues to break new monthly lows. In fact, the recent dramatic fall of FTX, the Binance takeover cancellation, and the Alameda scandal, all contributed further to Ethereum plunging from a daily high of $1,570 to $1,070 on November 8th.
Since Ethereum’s historic Merge was completed on September 15th, ETH price dropped from $1,650 to $1,170, about a 29% price drop post-Merge. Ethereum is currently trading at $1,260, a 74% drop from an all-time high price of $4,800 in November 2021. All hopes for a bullish momentum have been lost as investors look for alternatives in innovative projects like Orbeon Protocol.
Orbeon Protocol (ORBN) Attracts Investors and Market Bulls
Orbeon Protocol is a novel crowdfunding and venture capital project aimed at revolutionizing the traditional crowdfunding and venture capital landscape, cleverly recognizing industries in dire need of reform.
The blockchain-based protocol assists venture capital-seeking companies and startups to easily connect with groups of keen investors. It disrupts the crowdfunding and investment industry by providing free, fair, and equitable opportunities for all sizes of investors, not just large investment groups.
Orbeon Protocol uses blockchain technology to mint equity-based NFTs representing a investment. By fractionalizing the NFT, it creates a lower barrier to entry such that anyone can buy into startups from as low as $1, enabling a simple method of investment in exciting, vetted projects during their early stages.
The Orbeon Protocol platform steps up security through multiple features, particularly the “Fill or Kill” mechanism built into each funding smart contract. This system protects Orbeon Protocol investors by automatically reimbursing them should a company’s funding goals not be met within a certain deadline. This offers an unprecedented level of safety and avoids the common dangers inherent to traditional startup investment.
The ORBN token powers all economic activities across Orbeon Protocol; Orbeon Swap, Exchange, and Wallet. It provides holders with exclusive member-only perks, including decision-making rights, and access to incentives such as staking, cashback rewards, discounts, and future upcoming products.
These and many more utility functions of the token have increased ORBN demand since its presale started. ORBN is already selling out fast, currently priced at $0.014. Analysts have confirmed that its price is set to surge shortly.
Orbeon Protocol has slowly replaced investor interest in long-standing projects like Ethereum and Monero due to its attractive utility to both the financial and crypto worlds. It looks to provide an excellent investment alternative that investors could continue to hold on to for a long time, and as such it is unsurprising to see so many jumping on the opportunity.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.
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