Orbeon Protocol (ORBN) Token Presale Sees Overwhelming Participation With 300+ Million Tokens Sold, While Monero (XMR) and HEX (HEX) Show Little Price Change
The Orbeon Protocol (ORBN) token presale has been a resounding […]
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The Orbeon Protocol (ORBN) token presale has been a resounding success, with over 300 million tokens sold to enthusiastic participants. Meanwhile, established cryptocurrencies Monero (XMR) and HEX (HEX) have remained stable, offering a contrasting picture of market conditions. But why are these cryptos performing so differently?
Monero (XMR)
Monero (XMR) is a privacy-focused cryptocurrency that prioritizes the user’s complete anonymity and confidentiality during every transaction. Monero (XMR) is able to do this thanks to its use of ring signatures and stealth addresses, making it extremely difficult to trace a Monero (XMR) transaction back to its sender.
Monero (XMR) has effectively been adopted by many individuals and businesses as a means of safeguarding their financial transactions from prying eyes. However, Monero (XMR) has received criticism for its use in illicit activities, such as the purchase of illegal goods.
There’s no denying that there is a market for Monero (XMR) and that it is a powerful tool for those who seek to keep their financial transactions hidden. However, the lack of mainstream websites and services that accept Monero (XMR) has limited its widespread adoption.
The Monero (XMR) price reflects its low usage, as the token has remained relatively stable compared to other cryptos that have rallied more than Monero (XMR) over the year.
HEX (HEX)
Created by infamous crypto personality, Richard Heart, HEX (HEX) is a deflationary cryptocurrency built on the Ethereum (ETH) blockchain. The primary function of HEX (HEX) is to act as a store of value, offering holders the potential for long-term appreciation and protection against inflation.
HEX (HEX) also offers an interesting reward system that sees users rewarded for holding their HEX (HEX) tokens. The HEX (HEX) website claims that the average return for long-term holders is around 38% per year. However, this return is dependent on the amount of HEX (HEX) someone holds.
Despite these impressive statistics, HEX (HEX) has seen little price action in recent months. This could be attributed to the lack of mainstream adoption HEX (HEX) has, as well as the negative connotations that come with being associated with Richard Heart.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is an innovative crowdfunding platform that empowers ordinary investors by providing them with a fair opportunity to participate in the VC arena. The unique selling point of Orbeon Protocol (ORBN) is the utilization of fractionalized NFTs, which serve as a representation of ownership for high-end venture capital investments.
Using NFTs instead of shares allows investors through Orbeon Protocol (ORBN) to own a smaller portion of a larger asset. As such, Orbeon Protocol (ORBN) makes it easier for individual investors to get involved in the VC space without having to invest large sums of money.
For startups, Orbeon Protocol (ORBN) offers a new way to quickly raise capital. Instead of relying on venture capitalists or angel investors, startups can create their own NFTs and offer them to the public for sale.
Orbeon Protocol (ORBN) employs the ORBN utility token as a means of exchanging value. By owning ORBN, users can enjoy a range of benefits, including staking rewards, access to exclusive investment prospects and a say in the governance of Orbeon Protocol (ORBN).
With the Orbeon Protocol (ORBN) presale near its maximum capacity, this may be the final opportunity to obtain ORBN tokens at a reduced price. The next stage of the project includes the formal platform launch and the listing of ORBN on various exchanges, which should result in even greater demand and appreciation of the token.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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