The cryptocurrency market is recovering from year-round lows, and it’s time to fund your portfolio with highly profitable cryptocurrencies. Traders and analysts are sure the market will soon rise. Ethereum (ETH) and Cardano (ADA) are mainstay options for some, but investors across the market are eyeing the Orbeon Protocol (ORBN) presale, which is expected to surge over 6,000%.
Orbeon Protocol (ORBN)
Orbeon Protocol is a decentralized crowdfunding platform that stands out among its peers as a force for change in the venture capital and fundraising landscape. The platform is a cryptographic-based protocol that leverages the immutability of non-fungible tokens.
The platform uses its NFT-as-a-service (NFTaas) to develop equity-based NFTs that individual and retail investors can easily purchase as a form of investment in startups seeking funding. This enables companies and startups to easily connect with discerning investors. It also gives you access to investments that were previously only available to venture capitalists and bigwigs. Meanwhile, users can invest in these NFTs with as little as $1.
The platform has also taken security measures to protect its users from scams or scams. The Fill or Kill mechanism ensures that investors automatically get their assets back if a company fails to meet its financing goals within the stipulated time.
Orbeon Protocol has a native token, ORBN, which empowers holders with rights and governance. Buying and holding Orbeon Protocol (ORBN) will also allow you to receive discounts and cashbacks, and the freedom to invest in vetted startups at an early stage.
Due to its multiple use cases, experts predict that the coin will increase by 6000%. The price of ORBN is $0.014 and sold out quickly during the pre-sale phase.
Vitalik Buterin’s Ethereum has played a huge role in promoting the development and promotion of blockchain products and decentralization. Developers and contributors use blockchain protocols to create dApps, smart contracts, and DeFi products. In addition to being a store of value, its open-source language allows you to develop other blockchain networks or protocols.
Ethereum (ETH), the native token of the Ethereum blockchain, has many useful functions, but what is worth investing in in 2023? Ethereum facilitates transactions and is used to repay transaction fees on the network. At the same time, when Ethereum migrated to the Proof-of-Stake consensus algorithm, it created more utility for Ethereum, as network validators had to stake 32 ETH to enjoy block rewards.
Meanwhile, the token is currently trading at $1,270, down about 70% from its 2022 high of $4,000. According to technical analysis, the price of Ether will break the previous high of $4,800 in 2023. Therefore, if you want to maximize your returns on Ethereum (ETH), you can get in when its price is low.
Follow us for the latest cryptocurrency news
Cardano is another top cryptocurrency you should keep an eye on in 2023. Cardano is considered the largest smart contract proof-of-stake blockchain network after Ethereum. In fact, since its launch in 2017, it has proven worthy of the attention of developers, traders, and investors over the past few years.
Despite adverse market conditions and the crash, Cardano’s native token, ADA, posted positive gains overall, with a market capitalization of $12.4 billion. Cardano (ADA) is also one of the largest coins by market cap. Fortunately, due to the bearishness of the general cryptocurrency market, it is greatly undervalued.
Cardano (ADA) is currently trading at $0.336, down about 88% from its all-time high of $3.1. However, as Cardano continues to integrate more products and solutions, its price is expected to exceed its previous all-time high.
Existing projects like Ethereum and Cardano have a good history of bullish price action. However, it is speculated that Orbeon Protocol could earn at least a 60x return in its current pre-sale phase. Investors are investing wildly in these tokens until 2023 to ensure long-term profits.
Learn more about the Orbeon Protocol Presale
Source of information: Compiled from CRYPTO-NEWS-FLASH by 0x Information.Copyright belongs to the author Collin Brown, without permission, may not be reproduced