Following the collapse of Silicon Valley Bank, Credit Suisse has found itself in financial trouble, with its biggest stakeholder, the Saudi National Bank, refusing to offer a lifeline. This news has resulted in price increases across the crypto market, with The Sandbox (SAND), Axie Infinity (AXS), and Orbeon Protocol (ORBN) surging reaching a value of $0.0921 already in stage 11 of its presale.
The Sandbox (SAND) Is Up By 14%
Although The Sandbox (SAND) is a metaverse game, it has increased in value following the negative news of Credit Suisse. In the past five days, The Sandbox (SAND) has increased in value by 14.39%, with one SAND token selling for $0.684. As one of the largest metaverse worlds, this is great news for The Sandbox (SAND) players, who can now get more for their money when selling assets or completing tasks within The Sandbox (SAND) world.
This price increase could also help to bring back players who sold their tokens during the recent bear market. With The Sandbox (SAND) losing over 77% of its value in the last year, player rates dropped, and many sold their tokens. If The Sandbox (SAND) continues to increase in price, many investors are likely to buy tokens and return to The Sandbox (SAND) once again, further driving up the price of the project.
Axie Infinity (AXS) Daily Trading Volume Passes $200k
The Credit Suisse update has also sparked an increase in the play to earn gaming market, with Axie Infinity (AXS) increasing in value by 10.46% in the past five days. Axie Infinity (AXS) was one of the fastest-growing P2E games throughout the 2021 bull market. However, much like The Sandbox (SAND), Axie Infinity (AXS) player numbers decreased over the past year.
Nonetheless, recent price increases have ignited a new flame around Axie Infinity (AXS), with daily trading volume passing $207 million on the 19th of March. With huge potential to pioneer the P2E market, many experts believe that Axie Infinity (AXS) could surge in value throughout 2023.
Orbeon Protocol (ORBN) Surges Past $0.09 During Latest Price Increase
Amid the banking market turbulence, Orbeon Protocol (ORBN) has also hit a new all-time high, increasing from $0.0835 to $0.0921. Having already attracted thousands of investors to its presale, Orbeon Protocol (ORBN) has quickly become one of the fastest-selling presales in the market, selling out during nine presale stages in four months.
But investors are buying this exciting new startup for more than just the returns. Orbeon Protocol (ORBN) has outstanding utility, offering a diverse DeFi ecosystem as well as a multi-chain launchpad.
The Orbeon launchpad is designed to connect the best real-world startups with DeFi investors. Once they’ve passed a vetting process, each startup can create equity-backed and reward NFTs and sell them to investors to raise money. This helps startups avoid relying on VCs.
Orbeon Protocol (ORBN) will use ORBN as its native token. Token holders will be granted a number of rewards to improve the profitability of their actions throughout the Orbeon Protocol (ORBN) ecosystem.
With Orbeon Protocol (ORBN) predicted to hit another high before the end of the month, tokens are being snapped up at record rates, with early investors looking to make huge profits after the Orbeon Protocol (ORBN) presale sells out.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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