The crypto space is full of ups and downs, and as the new year dawns, various market analysts have released predictions that seem to have mixed bullish and bearish sentiment.
Despite the crypto winter, two cryptocurrencies that continue to attract the attention of crypto investors are BNB and ADA.
ADA entered 2023 on an upward trajectory as the price hit a two-month high after struggling to hold above $0.2. Meanwhile, BNB is under regulatory scrutiny, with Binance exchange CEO Changpeng Zhao addressing growing concerns about Binance’s solvency.
Meanwhile, little known The Orbeon Protocol is a launch pad designed with partial ownership of startups using NFTs, 987% in the first round of presale. The Orbeon Protocol (ORBN) token has taken many by surprise, with market watchers predicting its price could soar up to 6000% of his.
Here’s everything you need to know about these three cryptocurrencies.
Cardano’s ADA has one of the most extended track records in cryptocurrency. This cryptocurrency is comparable to the likes of Ethereum as it is built on a decentralized blockchain network designed to enable the development of decentralized applications.
However, unlike Ethereum, Cardano’s blockchain boasts its own proof-of-stake consensus protocol called Ouroboros. Cardano can therefore achieve energy efficiency, while others like Ethereum have just moved to energy efficient networks.
Part of the reason ADA is a popular choice for crypto natives is the growing number of ADA use cases, especially in the metaverse. Additionally, ADA appears to be detached from the cryptocurrency winter as a whole, continuing to indicate increasing buying pressure. According to reports, ADA’s market capitalization exceeded $1.5 billion on the 9th of this month. ADA is currently priced at around $0.31 as on the sidelines predict an uptrend in 2023.
Orbeon Protocol (ORBN)
As for the launchpad, (ORBN) is the native token of the Orbeon Protocol, a crypto-based launchpad for startups.
Orbeon Protocol saw a whopping 987% increase in price during Stage 3 of its presale.
The Orbeon Protocol is more than just a launch pad. It has a token swap feature that allows users to easily exchange different tokens in a cost-effective manner. You will also get an exchange and a wallet to store your NFTs. Orbeon Protocol also plans to build a metaverse where users can explore and enjoy her Web 3.0 internet experience.
Throughout 2022, BNB’s CEO has been making every headline following the demise of FTX and Binance’s infamous entanglement with the cryptocurrency exchange. According to reports, Binance’s funds have dwindled significantly as concerns about the solvency of centralized exchanges continue to rise.
Still, the BNB price remains stable in the $277 range, with market analysts predicting a 5% increase in BNB price by 2026. crypto exchange.
Binance is at the forefront of the launch of crypto-centric products such as Binance Smart Chain, several decentralized exchanges and even Launchpad.
Learn more about the Orbeon Protocol Presale
WARNING: Investing in crypto assets is unregulated and may not be suitable for individual investors and may result in loss of total investment
IMPORTANT NOTICE: Investing in crypto assets is unregulated, may not be suitable for retail investors, and may result in the loss of the full amount invested