If you're keeping an eye on the crypto market, you've probably noticed the sudden surge in trading volume across several exchange platforms. Several coins have made waves with impressive growth in the past few weeks.
Some of these top picks include Binance (BNB), which is predicted to hit between $1000 and $1,487. Cardano (ADA) has also continued to show promise as its trading volume spiked by more than 5% in the past 24 hours.
Last but not least is the Orbeon Protocol (ORBN), which launched the first phase of its presale at the start of the year and is now predicted to hit a 6,000% return.
Here is everything you need to know about these three coins.
Binance Coin (BNB) came to the scene in 2017 at the peak of a crypto bull market. BNB was initially launched as an ERC-20 token but later transitioned to its own blockchain in 2019.
At its core, BNB is used to pay trading fees on the Binance exchange. Users who hold BNB can take advantage of the platform's discounted trading fees. This is one of the reasons why Binance has become a popular choice for frequent traders.
At its peak in May 2021, BNB was trading at over $600 per token, representing an impressive 6000% increase from its ICO price.
Today, BNB is priced at $307 with a 24-hour drop of about 3%. According to market analysts, the price of BNB is set to hit about $523.76 in the short term and $1000 in the long term.
Cardano is a third-generation decentralized blockchain platform that was founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. The Cardano project was developed to provide a secure and scalable platform for running smart contracts and decentralized applications.
Cardano's chain] uses a unique proof-of-stake consensus algorithm called Ouroboros, which is designed to ensure the security of the Cardano network while being energy-efficient.
Cardano's ADA has had a volatile history, just like every other coin in the crypto space. The supply of Cardano (ADA) is fixed at 45 billion, and there are currently around 34.65 billion in circulation. This means that supply is drying up, given ADA's capped supply.
Cardano (ADA) has been one of the best-performing cryptocurrencies of the year, reaching an all-time high of over $3 in September 2021. Market watchers predict that this coin could hit $10 at the peak of the next bull market.
Orbeon Protocol is an investment platform that is changing the game in the crowdfunding and venture capital industry. This platform allows anyone to invest in some of the most promising early-stage businesses, with investments starting from as low as $1.
Orbeon creates an NFT for a business that wants to launch a funding round and fractionalizes it, allowing everyday investors to purchase small fractions of the NFTs that represent an investment in the business. Investors can be sure of the safety of their investment thanks to the "Fill or Kill" mechanism in the smart contract of the NFTs. This mechanism ensures that if a company fails to reach its funding goal, the NFTs will automatically return the money back to investors.
Orbeon Protocol is an ideal solution for businesses that find it difficult to raise capital quickly or enter the web3 space.
The platform's ecosystem includes a Launchpad, Orbeon Swap, Orbeon Exchange, and Orbeon Wallet, and it even plans to explore and integrate with the metaverse.
The $ORBN token (currently in a presale) powers the Orbeon ecosystem and offers users a range of features. Market watchers predict a 6,000% return by the end of the presale.
Website: https://orbeonprotocol.com/
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