Let’s say you plan to invest some money into cryptocurrency in 2023. Where do you start? This article will bring you some insights into popular coins like Decentraland (MANA) and Huobi Token (HT) while also mentioning a new project in stage 8 of its presale right now – Orbeon Protocol (ORBN). Keep reading to find out why analysts have chosen the Orbeon Protocol (ORBN) as the future of crypto!
One of the biggest industries in the world, gaming is projected to reach $365B by the end of 2023. With coins like Decentraland (MANA), the cryptocurrency community has adopted this enormous and constantly expanding sector. In essence, Decentraland (MANA) is a virtual reality platform allowing users to buy and sell land and other digital assets.
The Decentraland (MANA) coin reached its all-time high of $5.48 in 2021 but has since fallen off by 88% as it currently trades for $0.62. This fall can be attributed to the lack of worldwide Metaverse adoption, as Decentraland (MANA) is presently seeing negative movement.
The last week has also been bearish for Decentraland (MANA), as it lost 16% of its value. Although Decentraland (MANA) may show some price growth if the Metaverse takes off, investing in other coins with more utility could be the best long-term option.
Huobi Token (HT)
The Huobi exchange issued the Huobi Token (HT) as its native coin in 2018. Huobi Token (HT) has no other uses than trading cost reductions and membership benefits. As with Decentraland (MANA), Huobi Token (HT) has been red in the past month.
In recent developments, Huobi stated that its Huobi Cloud Wallet service would be discontinued in May 2023, which caused a bearish trend for the Huobi Token (HT). One Huobi Token (HT) will cost you $5.01, which is a 3% loss in the past day. On the weekly charts, Huobi Token (HT) has dropped by 10% as more investors leave this project.
Huobi Token (HT) also has a limited utility which constricts its growth potential, and if nothing changes, it could spell disaster for the project.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) will be an upcoming investment platform that has the potential to become a top-tier crowdfunding entity with millions of global investors. It strives to accomplish this by creating a new way for startups to raise capital – through selling fractionalized NFTs with equity backing them.
With the help of this platform, your startup will reach new clients while obtaining the necessary funds at a faster rate. And if you are an investor, know that you can now enter the Tier 1 startup industry with $1 even, only through the Orbeon Protocol (ORBN).
The smart contracts of these NFTs will all have a “Fill or Kill” switch implemented into them, giving investors a safety net if a project fails to meet its goal – by returning all your funds! All of these features have been noticed as analysts predict that the ORBN token will reach $0.24 by the end of the presales.
And since the ORBN token is currently worth only $0.0766, this could represent a 278% increase! If you wish to purchase a potential blue-chip coin that will bring you staking rewards, various trading fee discounts, and more – now would be the perfect time to buy it!
Find Out More About The Orbeon Protocol Presale
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