The crypto world has witnessed several ups and downs since the beginning of 2022. While many cryptocurrencies have lost ground, some new projects have entered the market with a promising future. For instance, Orbeon Protocol (ORBN), a new crypto project, became the favorite of bulls soon after it entered the market. Orbeon Protocol (ORBN) was developed to solve the real-world problems of the crowdfunding and venture capital industry with a unique business plan. Meanwhile, Algorand (ALGO) and Polkadot (DOT) have also seen some growth in the past few weeks.
Algorand (ALGO) Indicates Sustainable Growth
Algorand (ALGO) has witnessed a growth rate of around 10% in the last week. The key reason behind this rise in the price of Algorand (ALGO) is the overall revival of the crypto market. Algorand (ALGO) is being traded at $0.34, about 89% below its all-time high of $3.28. Algorand (ALGO) has the primary aim of becoming a platform offering faster transactions. Algorand (ALGO) uses Proof-of-Stake (PoS) as a consensus algorithm.
To attract more investors and increase the trade volume on the platform, Algorad (ALGO) has also come up with a new update, Falcon. This update is aimed at improving the usability and sustainability of Algorand (ALGO).
Polkadot (DOT) Finds Market Environment Propitious
At a time when long-standing cryptos are struggling to withstand market volatility, Orbeon Protocol (ORBN) has emerged as a shining star. Investors are pumped and enthusiastic about Orbeon Protocol (ORBN) due to its unique business plan and promising growth prospects. The Orbeon Protocol (ORBN) is a blockchain-powered investment platform that mints NFTs against the shares of businesses looking to fund-raise and fractionalizes the NFT.. Users can buy these fractions as an investment in these budding web3 start-ups, starting from as low as $1. The platform enables start-ups to raise funds by offering equity-based NFTs.
Orbeon Protocol (ORBN) empowers companies to raise funds faster and at low costs by using NFTs-as-service (NFTaas).
The Orbeon Protocol (ORBN) benefits not only companies but also investors. According to the Orbeon Protocol (ORBN), retail investors do not need to invest only big; they can make small investments as well. Orbeon Protocol also protects investors from financial scams. Using a “Fill or Kill” mechanism, Orbeon Protocol (ORBN) ensures that investors do not lose their money when projects fail to raise the required amount. Moreover, the safety mechanism is integrated into the smart contract and can not be cheated.
ORBN tokens fuel the Orbeon Protocol. The ORBN token can also be used for governance. ORBN holders get a right to vote on key decisions of Orbeon Protocol. Orbeon Protocol has plans for a vast ecosystem, including a Metaverse. Given its huge usability and the platform’s ability to solve real-world problems, demand is strong to buy ORBN tokens. The initial price of ORBN tokens is $0.004. Crypto investors worldwide are sure that the Orbeon Protocol (ORBN) will rise by 6000% to fetch the price tag of $0.24 during the pre-sale phase.
Find Out More About The Orbeon Protocol Presale
The post Algorand (ALGO), Polkadot (DOT) Show Optimism; Orbean Protocol (ORBN) Moves Forward On Golden Path appeared first on NFT News Today.