There are exceptional projects in the crypto space, which have always been a boon for their investors. These projects launched with a low initial price. However, those prices have since grown many times over the initial price. An excellent example of such projects is BNB and TRX.
Binance Coin (BNB) is a crypto coin issued by Binance, the largest crypto exchange in the world. By Q2 2022, Binance was posting trading volumes of $7.6 billion. When BNB was created, it was secured using Ethereum as an ERC20 token. However, it has since moved to its own chain called Binance Chain.
There is a maximum supply of 200 million BNB. During the ICO, 100 million BNB were up for sale. However, Binance has been engaged in a buyback program where a fifth of the profits from each quarter is used to buy and burn BNB. The biggest burn was on April 15, 2021, when Binance bought BNB worth $595,314,380 and burned them.
BNB was initially intended to be a utility token for discounted trading fees. However, its use cases have since expanded. Today, it is used for transaction fees on Binance Chain, Binance DEX, and Binance.com. Various establishments also accept it for payment of goods and services.
TRX is the native token of Tron, a blockchain project that went live in 2017. The project incorporated all the best features of blockchains at the time. They include a Proof of Stake mechanism, smart contracts, tokens, and DApps. While it was criticized for its lack of originality, it has since grown to become a major player in the DeFi world. Initially, Tron was an Asia-focused ecosystem. However, it is now in use globally.
Like BNB, TRX was first launched on Ethereum. However, it later moved to its own blockchain. Since Tron blockchain did not try to reinvent the wheel, its focus has remained on improving the user experience. Today Tron is one of the most efficient blockchains, with low transaction costs and impressive speeds.
Oryen Network Continues its Unstoppable March
TRX and BNB were both impressive for their time. However, the Oryen Network is proving that the crypto sector is capable of much more. So far, ORY, its native token, has seen its price grow by an impressive +300%. That makes it one of the most impressive projects of the year when many other projects are struggling.
There is a good reason for that unstoppable growth. The Oryen Network offers some of the best features in the DeFi sector. For instance, it offers ORY token holders an impressive fixed APY of 90%.
Due to various other features that improve its security and speed, investors are clamoring to get some ORY tokens. Thus, while the +300% growth is already quite impressive, there is room for growth. Experts in the crypto sector predict that ORY tokens are set to experience +600% growth soon.
For those still on the sidelines regarding ORY tokens, now is the time to get in. With predictions of massive growth, investing in ORY tokens could be one of your life’s best investment decisions.
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