Place/Date: - December 13th, 2022 at 1:48 pm UTC · 3 min read
Source: Orbeon Protocol
The crypto market has seen a series of volatile swings in the past few weeks, with both Fantom (FTM) and Bitcoin (BTC) prices rising and falling.
Experts are now turning their attention to Orbeon Protocol (ORBN). This innovative platform has seen a surge of interest during its pre-sale. ORBN jumped 655% so far, and experts predict that the token could go as high as 6000%.
Fantom is leading the way when it comes to decentralized finance services and building the new web of finance.
Fantom is a sophisticated blockchain platform that utilizes its own directed acyclic graph (DAG) smart contract for faster, more reliable transactions.
Fantom’s innovative toolkit provides developers with an abundant source of functionalities tailor-made for creating universal financial instruments and products efficiently and securely.
The token saw increased volatility due to concerns over Fantom contagion. To combat these concerns, the Fantom team released their financials. According to the team, Fantom has 30 years of runway before they have to sell any tokens.
That means that the team can continue development without dumping tokens on the market. This news made Fantom prices spike by 50%.
Bitcoin is a decentralized digital currency and the first-ever crypto project. It was developed by a pseudonymous person Satoshi Nakamoto back in 2009, and it exploded since, with Bitcoin surging as the number 1 cryptocurrency by market cap.
Bitcoin provides users with automatic and secure payments while allowing them to remain somewhat anonymous. As an asset, bitcoin can serve as a store of value against inflation, providing someone protection from skyrocketing prices and devalued currency.
However, Bitcoin’s high-interest rates are making it less attractive for investors to store their wealth in Bitcoin as potential returns become lower than other available options that have significantly less risk.
Investors who typically select Bitcoin for its long-term benefits could find themselves increasingly deterred by the option of higher returns with lesser risk elsewhere.
Orbeon Protocol (ORBN), a venture capital platform leveraging NFTs as a vehicle for investment, recently enjoyed major success in its presale fundraising efforts.
Startups can use Orbeon Protocol to mint and issue their own fractionalized, equity-backed NFTs as a form of investment. Every day investors can purchase these from as low $1, allowing them unprecedented access into the venture capital market As well as this, the project features a native ORBN token, which grants holders various benefits ranging from staking bonuses to transaction fee discounts.
The ORBN token is selling out on schedule as investors clamored to take advantage of the innovative platform. So far ORBN has increased by more than 655% in price. This jump demonstrates strong confidence in the project and shows that we can expect big things from this venture.
With its bolstered resources, ORBN has all it needs to challenge traditional VC models and move us closer to building a more inclusive economy through blockchain technology.
As the presale continues, experts predict that ORBN could go as high as 6000%.
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