- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Throughout 2022, investors afraid of a projected global economic slowdown turned to the dollar as a safe haven, raising the value of the greenback relative to most other world currencies. The value of bitcoin is inversely connected to the value of the US dollar. In general, a strong dollar is unfavorable for the price of cryptocurrencies.
So, what is the best crypto to buy right now? We look at Cardano (ADA) and Orbeon Protocol (ORBN), which has seen a 125% price increase since the start of presale.
Cardano (ADA) founder Charles Hoskinson offered his perspective on the industry's beginnings at the Web Summit tech conference in Portugal this week, even as the cryptocurrency sector keeps growing and its assets gain greater acceptance among investors and different mainstream institutions on a global scale.
Hoskinson said that the crypto business originated as a response to the fundamental issues with traditional banking that caused the 2008 financial crisis. He added that the crypto was birthed to address the crippling global problems created by traditional finance methods and the aim was to fix the problems rather than replace the system.
Cardano was launched in 2017 as a fully open source, public blockchain and cryptocurrency and quickly proved popular with investors. While Cardano has been subject to a sharp decline in price during 2022, experts are still of the opinion that Cardano offers value and a solid return over the long-term. This bullish sentiment is in large part due to the research-first ethos that Cardano embodies. As a more forward-thinking project, Cardano was one of the first to use a "Proof of Stake" consensus system, leading to a much more positive community outlook on Cardano.
Orbeon Protocol (ORBN) has been designed to change the paradigm of the restricted venture capital industry for good. The investment platform brings together new start-up businesses seeking funding with investors who will have the opportunity to back the opportunities for as little as $1.
This is possible as startup businesses can be minted as fractionalized NFTs, backed by the startups equity. These are then sold to investors, and allow startups to fundraise quicker and from a wider community
There are plenty of other benefits to becoming an ORBN holder. As the utility token for Orbeon Protocol, holders can stake their tokens to earn passive income. Holders also get granted governance rights to vote on key decisions and new projects, as well as access to exclusive investor groups, discounts on trading fees and cash back rewards paid in USDC.
ORBN is currently available in a presale phase and can be purchased for $0.004. Experts are predicting that the price will rise to $0.24 by the close of the presale and full launch in January 2023. The market is getting very excited about Orbeon Protocol and judging by the presale figures, this will translate into some serious gains.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
