This year has brought many ups and downs in the journey of almost all cryptocurrencies. Even long-standing projects like The Sandbox (SAND) have not been able to brave the bearish market sentiments. However, a new crypto project, Orbeon Protocol (ORBN), which started its presale just a few weeks ago, has amazed market analysts with its tremendous growth. During the first two phases of its presale round, Orbeon Protocol recorded an increase of 805% in its value, and the third phase is set to grow more.
The Sandbox’s (SAND) Stagnates Pushes Investors Away
During 2021 when the crypto market had exploded, The Sandbox (SAND) reached its all-time high of $8.48. However, The Sandbox (SAND) has continuously declined since then. The Sandbox (SAND) currently trades at only $0.45, which is about 95% below its all-time high. Owing to the prevailing bearish market sentiments, it is expected that The Sandbox (SAND) can fall further to around $0.35. Notably, The Sandbox (SAND) has witnessed a fall of 20% in its value in the last 30 days. On the weekly chart, The Sandbox (SAND) has declined by 7.25%.
The Sandbox (SAND) is a gaming-based ecosystem and metaverse that runs on the Ethereum network. On The Sandbox (SAND), users can produce gaming content and in-game assets to earn real money by trading them. The Sandbox (SAND) enables players to own and have complete control over the content produced by them. The Sandbox (SAND) is a blockchain-based 3D virtual world that allows users to use, buy, own, share, and sell digital property, called LAND, on the network. On The Sandbox (SAND), LAND is an NFT representing virtual real estate that users can use for various purposes.
Orbeon Protocol (ORBN) Gives Fiery Performance During Presale
Orbeon Protocol (ORBN) has emerged as the best blockchain-based investment platform catering to real-world companies looking to raise capital. The platform also helps retail investors who want to make an investment in promising companies.
Orbeon Protocol mints equity-based fractional NFTs for early-stage startups. The platform lets retail investors put money into promising real-world businesses through these NFTs.
Businesses can use Orbeon Protocol’s NFTs-as-service (NFTaas), which enables them to raise capital through crowdfunding in a hassle-free and transparent manner, which also allows people to invest in companies for as low as $1.
Orbeon Protocol (ORBN) also protects its users from financial scams during the investment process. The platform uses a “Fill or Kill” mechanism, which ensures that all users get their invested money back if fund-seeking companies fail to raise the minimum required amount. This safety mechanism is infused into the platform’s smart contract, so it can never be cheated.
During the first two phases of its presale rounds, Orbeon Protocol’s (ORBN) growth rate was 805%, and the third phase looks stronger. The current price of ORBN tokens is $0.0362. Market analysts have already forecasted that ORBN tokens will soar by at least 6000% before the end of the presale round and get to $0.24 soon.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.