Dogecoin (DOGE) and Polkadot (DOT) drive the crypto market, Orbeon Protocol (ORBN) emerges as a top performer with 1988% increase during pre-sale

Another week of crypto passports, another tweet from a billionaire changes DOGE prices, and another FTX-related event occurs that shakes the entire market. Meanwhile, ORBN investors looking for returns in this bearish era are sitting pretty on top of 20x profit as the Orbeon protocol enters the ninth phase of the pre-sale.

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Silvergate and Musk are too much for Dogecoin

On March 2, Silvergate, a crypto-focused US bank that has lost a lot of money from FTX, revealed that it was in trouble with lower-than-expected revenues and that it had not filed certain SEC documents on time. JP Morgan downgraded the bank’s shares from “neutral” to “underweight”.

Coinbase was the first big name to distance itself from Silvergate, with Circle, Paxos, Gemini and many others following suit. A market-wide sell-off occurred on March 3, with BTC and ETH falling by around 5% and most altcoins following suit, including DOGE at 5.4%.

DOGE had been on a tear since January, when Powell’s 0.25% increase in rates was seen as good for risky assets, and DOGE peaked at around $0.098 in February. However, as the CPI and other data turn out to be worse than expected, the markets have started to change sentiment.

As if this wasn’t enough, the ‘Dogefather’ sent prices plummeting after he tweeted that he is moving from crypto to AI, to fight what he calls “woke AI” because it “lies to you”. Currently, DOGE is holding its support level at $0.074, after briefly testing the $0.073 mark.

Polkadot – what goes up must come down

DOT has also done well since the start of the year, benefiting from the February 14 brief squeeze on BTC, which pushed the price from around $6 to a peak of $7.67 on Monday the 20th. Other DOT news also helped move the price , with new developments in native staking attracting a lot of attention. Since then, however, there has been a price reversal, leaving the DOT back at $6.

Despite the amount of price volatility, Polkadot is busier than ever, releasing a mid-major upgrade to the network, attending ETHDenver, running the third year of the Polkadot Blockchain Academy, and generally helping developers and users understand what their parachains are all about, and how they can be used for a wide range of use cases. Polkadot founder ‘asynchronous rob’ is doing more deep dives on Polkadot, with his next talk on blockchain scalability, asynchronous backing and pay-as-you-go parachains.

Orbeon Protocol offers a new way to raise money

Times of recession and unemployment have usually led to a large increase in people starting their own small businesses. The irony of this is that those who need financing from banks can struggle in times like this, with high interest rates and risk on terms that make it difficult to obtain financing even for highly relevant business models.

The Orbeon protocol has defied market volatility, as the challenger VC model is proving popular with potential investors keen to get involved in seeding companies, as well as just buying crypto or stocks. Orbeon PROtocol converts the equity or rewards that a company wants to offer and turns it into an NFT. This NFT is then fractionated and offered to the community for investment, allowing ordinary people to diversify their portfolio in new ways.

ORBN, the original token of the Orbeon Protocol, is now trading at $0.0835 in pre-sales before the token has even launched.

Find out more about the Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Advance sales:

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