Monero (XMR) is a cryptocurrency that prioritizes privacy, which has led to obvious concerns. BNB, also known as Binance coin, is the cryptocurrency issued by the world’s most popular exchange, Binance, and is used as a coin to trade smaller cap tokens. Investors believe both cryptocurrencies do not have anywhere near the same levels of utility as Orbeon Protocol (ORBN), which is still in phase 1 of its presale and has already seen a 125% price increase.
Orbeon Protocol (ORBN)
The main aim of Orbeon Protocol is to connect everyday investors with start-up companies. This is a space that has been occupied too long by wealthy venture capitalists.
Orbeon Protocol seeks to change this, and will allow anyone access to the venture capital market. Startups raise funds on the platform by minting fractionalized NFTs against company equity, where anyone can invest from as little as $1. This allows for the startups to raise capital rapidly.
In addition to this, Orbeon Protocol offers a full ecosystem of services. This includes a fully decentralized wallet, a multi-blockchain solution that allows you to trade your cryptocurrency across platforms easily, and plans to expand into the metaverse and allow business owners to contact potential investors through this medium. If the start-up does not reach its funding goal, a “Fill and Kill” mechanism is written into the smart contract, which has been fully audited. This allows investors to receive their investment back.
Orbeon Protocol also offers incentivised rewards for ORBN token holders, including priority access to future funding rounds, the ability to stake, access to exclusive investor groups and the ability to have your say on the direction of Orbeon Protocol. The liquidity pool has also been locked for a decade, and team tokens are locked for a year. This highlights the confidence the developers have in this cryptocurrency. Unsurprisingly, analysts expect ORBN to see a 6,000% return and end up in the price region of $0.24 from its current range of $0.004.
Monero (XMR)
As discussed in the introduction, Monero is a cryptocurrency that prides itself on withholding information about transactions on its blockchain. Although Bitcoin was initially developed with anonymity, the practicalities didn’t make sense. Monero has used the anonymity of the blockchain as its USP which has drawn criticism from regulators.
Monero has seen a lot of suspicious activity and has recently been delisted by many exchanges. Hence, Monero is a cryptocurrency that seems to have peaked. It doesn’t have the same level of utility as other competitive projects, and Monero also lacks the strong investor sentiment to have bullish prospects in the future. As such, Monero is not a favorite choice for many portfolios going into 2023. Monero would need to see considerable developments in the near future for this outlook to change.
Binance Coin (BNB)
When Binance launched its token Binance coin (BNB), the IPO price was an astonishing $0.15. It has since risen to an all-time high of over $600.00 during the bull run of 2021. Despite the astonishing returns, Binance coin retracted heavily over the next twelve months. Although it is still considered a solid investment, Binance coin is used as a launchpad for coins that have been criticized as having no utility.
Many consider Binance Coin a strong contender for 2023 though, as the superior position that has been secured by Binance after the FTX controversy has seen increased trading volume for Binance Coin. Only time will tell what the future of Binance coin holds.
Despite this, Binance coin and Monero haven’t got the same level of initial hysteria as Orbeon Protocol which is set to fly into a huge increase of $0.24 from its current price of $0.04.
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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