Ethereum’s price tumbled in the last week, breaking through crucial support. There’s one token that could 60x in the coming days.
Ethereum extended losses and dropped below $1,400 this week, after a major crash in crypto markets. Technical indicators show that a turnaround for the token is unlikely. Ethereum broke crucial support at the $1,227 mark, at the convergence of its symmetrical triangle pattern. With that break, ETH could fall to the $1,000 mark.
The drop would bring ETH to its lowest level in four months. If you are thinking of investing in Ethereum, it may soon be a great time to do so. However, be prepared for both highs and lows in the coming months.
In the long run, ETH will likely do very well. Ethereum is the biggest blockchain network that runs smart contracts: applications that run exactly as programmed without possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property.
Ethereum’s popularity has enabled a surge in crypto startups. Companies from all over the world are building decentralized applications. These companies need funding, which is where Orbeon Protocol comes in.
Orbeon Protocol (ORBN) – New Token With Huge Potential
Orbeon Protocol is a decentralized venture capital and crowdfunding platform built on the Ethereum blockchain. The protocol allows anyone to launch and manage a crowdfunding campaign, or to invest in one.
Orbeon Protocol is designed to provide transparency and accountability by making all transactions public and immutable. Moreover, the use of smart contracts ensures that funds are only released if certain conditions are met. For example, the smart contract automatically refunds investors if a project doesn’t meet its funding goal. Trading on the platform will be done through the use of fractional NFTs. Small traders will be able to invest in a company for as little as $1.
This makes the Orbeon Protocol an attractive option for both entrepreneurs and investors. The Orbeon Protocol is still in its early stages, but it has the potential to revolutionize the way startups are funded. Holders of the $ORBN token will get access to exclusive benefits and passive income by staking their tokens. They will also receive discounts on trading fees through the platform. The lucrative and growing venture capital industry means that Orbeon Protocol could make huge gains if it can take a share of the pie.
Orbeon Protocol is currently in the first stage of its pre-sale, selling for $0,004. Experts believe that it could soon make 60x gains, reaching $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol