This week, Ripple (XRP) and Nexo (NEXO) are seeing a resurgence in the markets, with both coins enjoying double-digit gains. Meanwhile, the presale of Orbeon Protocol (ORBN) is seeing unprecedented success and has raised over $6 million from investors grabbing discounted ORBN tokens before the public launch.
ORBN has surged in popularity, trading at $0.1125, an eye-watering 2713% increase from its presale price of $0.004 with analysts expecting more gains soon.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) has reimagined the traditional method of investing in startups by allowing prospective investors to purchase equity in a startup through non-fungible tokens (NFTs).
Conventional fundraising can be lengthy and often demands considerable effort from the startup to attract investors. In contrast, Orbeon Protocol (ORBN) simplifies the investment process, offering an easy and accessible means for startups to obtain the necessary funding for growth and expansion.
Additionally, Orbeon Protocol (ORBN) has the potential to make startup investment more inclusive by welcoming investors from various financial backgrounds to take part in the funding process.
Employing smart contracts, Orbeon Protocol (ORBN) presents a streamlined, secure, and cost-efficient solution for trade finance, which could potentially disrupt the industry by removing the need for intermediaries. During phase 12 of its presale, the price of an Orbeon Protocol (ORBN) token is up by 2713% to $0.1125.
Complementing the decentralized finance (DeFi) offerings on Orbeon Protocol (ORBN), the team has also developed a utility token, ORBN, which facilitates transactions on the network and incentivizes participation.
In summary, Orbeon Protocol (ORBN)’s blend of cutting-edge technology, a strong team, and the potential for widespread adoption position it as a promising investment opportunity in the DeFi sector that could eventually surpass more established cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC).
Ripple (XRP) has experienced a remarkable uptick in performance this week, with the Ripple (XRP) price soaring from $0.37 to $0.56 within just one week. This notable increase is even more striking given Ripple (XRP)’s position as a top-15 cryptocurrency by market capitalization.
The sudden surge in demand for Ripple (XRP) can be attributed to the ongoing SEC lawsuit. As the legal dispute continues, investors are expressing confidence in Ripple (XRP)’s ability to win the case and get back on track with becoming the go-to payment network. Some are speculating that insiders already know the result of the case, which could explain why Ripple (XRP) is performing so well.
While the outcome of the lawsuit remains uncertain, the optimistic outlook surrounding Ripple (XRP) is unmistakable. Should the SEC lawsuit be resolved in favor of Ripple (XRP), the cryptocurrency could potentially surpass its all-time high of $3.84 this year.
Nexo (NEXO) is also enjoying a surge in demand, with its price increasing from $0.55 to $0.73 over the past two weeks. This Nexo (NEXO) surge seems to be down to Nexo (NEXO) redesigning the Nexo (NEXO) app, introducing a simplified user interface and improved features.
Nexo (NEXO) is also introducing a new “Pro” version of the app, which will take the user experience to a whole new level with advanced tools and features. Additionally, Nexo (NEXO) just launched Dark Mode and a brand-new dashboard, allowing users to customize their experience and make the most out of their Nexo (NEXO) wallet.
Analysts are expecting this update to drive increased user engagement and a subsequent surge in Nexo (NEXO)’s market capitalization. $1.00 is the next resistance level for Nexo (NEXO), and with more updates on the way, investors seem confident that it will be breached.
Find Out More About The Orbeon Protocol Presale
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