Leading up to 2023, analysts are making predictions for three potential investment opportunities in the crypto market. Filecoin (FIL) is a token for a decentralized file storage system, Cronos (CRO), which underpins a range of decentralized financial services, and Orbeon Protocol (ORBN), a new investment platform currently in Phase 2 of its presale with 60x growth predicted. Read on to see what the future holds for these three tokens.
Filecoin (FIL) positions itself as an alternative to cloud-based storage solutions like Dropbox or Apple’s iCloud. End users use Filecoin (FIL) to pay for the storage or retrieval of data, while storage and retrieval miners charge for their services.
After its launch in April 2020, Filecoin (FIL) performed steadily in its first year. Seemingly buoyed by a general upturn in crypto markets, the company’s value started to rise – before heading south in the subsequent crypto crash. As of November 2022, the price of Filecoin (FIL) is hovering around its initial launch figure of $5.13.
Although demand for storage seems insatiable, storage costs are falling. If prices continue to fall, it may weaken the case for investing in Filecoin (FIL). Equally, if the current energy crisis raises costs for data centers, that could make Filecoin (FIL) a more attractive proposition. But until current market conditions become a little clearer, the jury remains out on Filecoin (FIL).
Cronos (CRO) is associated with parent company Crypto.com’s cryptocurrency and DeFi services. Crypto.com positions itself as “the world’s fastest-growing crypto app.” Not unsurprisingly, Cronos (CRO) plays a central role in that positioning and in the services offered.
Cronos (CRO)’s performance mirrors that of Filecoin (FIL). Its price remained generally steady after its launch in 2018 and rose and fell in the crypto boom and bust of 2021. As of November 2022, Cronos (CRO) is trading at or around its launch price of $0.10.
Some market watchers believe that Cronos (CRO) was designed to facilitate investment rather than being an investment in itself – something which may make it harder to see it as a high-performing investment. That’s not to say you shouldn’t invest in it, however, as it can generate healthy returns.
Since November 2022, the CRO token has constantly decreased in value after it was revealed that there were insufficient funds. It reached an all-time low of $0.058 but has recently started to show promising signs as it managed to climb 4%. Although, on 14 November 2022, Cronos (CRO) was trading at a mere $0.071, which is 41% lower than it started seven days ago.
Orbeon Protocol (ORBN) has been generating a buzz in the crypto market, as it has the potential to change the way crowdfunding and VC work. The intention is to mint new startup investment opportunities into fractionalized, equity-backed NFTs. That’s significant because it means even small investors can invest in exciting new start-ups – from as little as $1.
Orbeon Protocol (ORBN) protects investors by carefully vetting all new prospects, a transparent audit trail, and a “fill or kill” refund if the target is not achieved. In addition, it offers start-ups a quick, easy, and efficient method of raising funds. Orbeon (ORBN) also allows users to buy, trade, and exchange cryptos and NFTs in one place – with additional benefits like governance rights, discounts, rewards, and priority access to funding rounds and investor groups.
With the Phase 1 prelaunch of ORBN completed, Phase 2 is now available at $0.014. The popularity of the Orbeon Protocol (ORBN) token has led some observers to speculate on a sixtyfold return of $0.24 on the Phase 1 offer, and Phase 2 continues to look great value.
Predicting future performance is notoriously tricky, but the opportunities are out there. Orbeon Protocol (ORBN) has some strong potential, – but equally Filecoin (FIL) or Cronos (CRO) have strong fundamentals as well.
The price of the Orbeon Protocol (ORBN) token is due to increase in 48 hours to $0.0216. The team is also offering a special bonus to the crypto community for Cyber Monday only.
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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