After a disastrous 2022, the crypto market is slowly picking up steam again. With thousands of coins currently available, choosing a good one can be difficult. Orbeon Protocol (ORBN) has been creating hype around itself these last few months following its colossal 1815% price increase. But what makes this project, currently in stage 8 of its public presale, so special? Today, we will find out how it stacks up against giants like Solana (SOL) and Monero (XMR).
Solana (SOL) is a blockchain platform many have dubbed the “Ethereum Killer.” Solana (SOL) runs a quick blockchain using customized cryptography methods, and the token can be used to pay for network fees on the platform.
Recently, Solana (SOL) saw a forking event on the Mainnet which halted many validators as they are now resolving forks. This unfortunate event caused the Solana (SOL) coin price to drop by 4.80% as it currently trades for $22.64.
Solana (SOL) took a significant blow following the FTX crash, and it is presently selling well below its peak of $260. Now, sentiment is bearish for Solana (SOL), as several key indicators are flashing red. Analysts predict this negative downturn will continue as Solana (SOL) may sink below $21 soon.
Orbeon Protocol (ORBN)
Individuals routinely struggle to make early investments in prospective startups due to a lack of knowledge or high entry barriers. But soon, all of that will change! Orbeon Protocol (ORBN) will be the first investment platform allowing investors to locate and invest in promising startups while obtaining actual equity for just $1! How? With the help of fractionalized NFTs underpinned by equity or rewards into the companies.
This one-of-a-kind investment method will also help startups reach a new audience while tapping into a larger pool of investors instead of one or two wealthy individuals. Furthermore, the “Fill or Kill” mechanism embedded into each smart contract of the tokens will automatically refund every investor if a financial round is unsuccessful.
At the center of this platform lies the ORBN token, which currently has a price of just $0.0766. For this price, you will obtain governance voting rights, staking rewards, and a discount on all trading fees on the platform. Not only that, the ORBN token is expected to reach $0.24 by the time its presale ends, so investors will also enjoy a 213% return on investment.
Monero (XMR) is known as a privacy coin, offering safe and untraceable crypto transfers. You can also swap the Monero (XMR) coin for other cryptos or just use it to make secure payments for services.
Recently, Dubai banned all privacy coins, including Monero (XMR). This is not the first country to deny Monero (XMR); Japan also prohibited it in 2019. The Monero (XMR) took a plunge after this announcement, as it currently trades for $151.34, a decrease of 0.93 overnight.
The trading volume of Monero (XMR) is also struggling, seeing a fall of 11% in that same period. With nearly all moving averages signaling a sell for Monero (XMR), investors are sidestepping it to find other projects with more long-term growth potential.
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