Market conditions are choppy. The S&P 500 and the Dow Jones Industrial Average have broken below June lows. The macroeconomic situation gets uglier and with Bitcoin’s coupling to traditional markets it, looks like more pain is on the way. Will Bitcoin go on to set another low?
Investors wait patiently to see the result. But one protocol takes no notice of the prevailing market conditions and continues to thrive. Oryen (ORY) allows investors to earn throughout the bear market and continues to attract investors while Bitcoin (BTC) and Cardano (ADA) struggle in the prevailing market conditions.
Oryen (ORY)
Oryen provides a fixed and permanent 90% APY to all investors. By enabling investors to build their crypto stack through the bear market Oryen has seen rapid growth. The protocol employs its OAT (Oryen Autostaking Technic) system to deliver rewards to investors. The OAT system provides auto staking meaning Oryen represents the most effortless staking procedure in DeFi. And Oryen auto compounds yields to generate maximum returns for investors.
The OAT system also includes a separate wallet known as the RFV (Risk-Free Value) wallet, which functions as a liquidity reserve during market uncertainty to stabilize ORY. The protocol features buy and sell taxes used to enhance the liquidity pool and build the protocol treasury allowing the Oryen ecosystem to expand further.
Bitcoin (BTC)
Bitcoin was launched in 2009 by Satoshi Nakamoto. This digital asset represented the first peer-to-peer electronic payment system where two unknown parties could transfer value without needing a centralized authority.
Bitcoin has seen brutal price action since November 2021 and cannot break out of its bearish trend. Bitcoin has never experienced a recession, and the macroeconomic environment has put immense downwards price pressure on BTC.
Cardano (ADA)
Charles Hoskinson launched the Cardano Network in 2017. It is a more scalable alternative to the Ethereum blockchain. Recently it deployed its Vasil upgrade, but this has not saved ADA’s price from the bear market.
With a market cap of nearly $15 billion, ADA performs similarly to a large tech stock and faces growing negative pressure in the coming months.
Closing Thoughts
With interest rates increasing to tackle inflation asset prices will suffer. Large caps like BTC & ADA will follow the stock market; investors keen to get ahead must search for smaller cap projects like ORY. Oryen delivers 90% APY in the bear market and continues to attract capital, a certified crypto gem.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
