The crypto market is recovering from an all-year low, and it’s time to fund your portfolio with highly profitable cryptocurrencies. Traders and analysts are sure the market will pump soon. Ethereum (ETH) and Cardano (ADA) are strong mainstay picks for some, but investors marketwide are focusing on the Orbeon Protocol (ORBN) presale, where ORBN is predicted to surge by over 6000%.
Orbeon Protocol (ORBN)
Orbeon Protocol is a decentralized crowdfunding platform that stands out from its peers as a force built to change the venture capital and fundraising landscape. The platform is a crypto-based protocol that utilizes the immutability of non-fungible tokens.
The platform uses its NFT-as-a-service (NFTaas) to develop equity-based NFTs that individuals and retail investors can easily buy as a form of investment into startups looking to fundraise on the capital. This allows companies and startups to connect easily with keen investors. It also gives you investment opportunities only previously available to venture capitalists and big figures. Meanwhile, users can invest as low as $1 in these NFTs.
The platform also has security measures in place to protect its users from scams or rug pulls. The Fill or Kill mechanism ensures investors get their assets back automatically if a company fails to meet funding goal at the stipulated time.
Orbeon Protocol has a native token, ORBN, which gives staking and governance rights to holders. Buying and holding Orbeon Protocol (ORBN) also allows you to earn discounts and cashback and freely invest in vetted startups in their early stages.
Due to its multiple use cases, experts predicted that the token will increase by 6000%. ORBN’s price is $0.014, and it is selling fast in the presale phase.
Vitalik Buterin’s Ethereum has been a huge blessing to the development and promotion of blockchain products and decentralization. Developers and contributors use the blockchain protocol to create dApps, smart contracts, and DeFi products. Aside from being a store of value, its open-source language allows you to develop other blockchain networks or protocols.
Ether (ETH), the native token of the Ethereum blockchain, serves many utility functions, but what makes it worth the investment in 2023? Ethereum facilitates transactions and is used to reimburse transaction fees on the network. Meanwhile, when Ethereum migrated to the proof-of-stake consensus algorithm, it created more utility for Ether because network validators must stake 32 ETH to enjoy block reward.
Meanwhile, the coin is currently trading at $1,270, about 70% down from its 2022 high of $4,000. According to technical analysis, Ether’s price will break the previous ATH of $4,800 in 2023. Therefore, if you want max return on Ethereum (ETH), you can jump in now when its price is low.
Cardano is another top cryptocurrency you should watch out for in 2023. Cardano is considered the biggest proof of stake blockchain network for smart contracts after Ethereum. In fact, it has proven worthy of developers, traders, and investors’ attention over the past few years since its launch in 2017.
Despite unfavorable market conditions and crashes, Cardano’s native coin, ADA, has an overall positive gain with a decent market capitalization of $12.4 billion. Cardano (ADA) is also ranked one of the largest coins by market cap. Fortunately, it is massively underpriced due to general crypto market bearishness.
Cardano’s (ADA) current price is $0.336, about 88% down from an all-time high price of $3.1. However, as Cardano continues to integrate more products and solutions, its price is expected to exceed a previous all-time high price.
Existing projects like Ethereum and Cardano have a good history of bullish price movements. However, Orbeon Protocol has been speculated to make at least 60x returns during its current presale stage. Investors are frantically investing in these tokens ahead of 2023 to secure long term profits.
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