Currently in phase 3 of its presale, the price of Orbeon Protocol (ORBN) has increased by 805 percent. It looks like the available tokens are going to be exhausted weeks before the presale concludes.
With its sudden price increase and high demand, Orbeon Protocol (ORBN) has eclipsed previously dominant digital currencies.
Uniswap (UNI), on the other hand, appears to be recovering quickly from the scandal surrounding FTX.
Let’s examine the two tokens to see where they are headed in 2023.
Orbeon Protocol (ORBN)
Many financial analysts predict that by 2023, investments in Orbeon Protocol (ORBN) will have increased in value significantly. Although the Orbeon Protocol (ORBN) presale just launched, it is already generating buzz in the cryptocurrency industry.
So why are Orbeon Protocol (ORBN) investors excited about its presale?
Orbeon keeps attracting investors because of its practical utility in the crowdfunding and venture capital industry.
With the help of the Orbeon Protocol, entrepreneurs can issue fractionalized NFTs secured by stock in the firm to raise funds. The fractionalized NFTs can be purchased for as little as a dollar, allowing even the smallest investors to invest in a promising startup business.
The “Fill or Kill” feature of the Orbeon Protocol ensures the safety of investor funds. If the target fundraising amount is not reached by the deadline, all the funds raised will automatically be returned to the investors.
Orbeon’s ecosystem is powered by the ORBN token, which has a total supply of 888,000,000. Crypto experts predict that the price of ORBN will increase by 6000% to $0.24 by the end of the ongoing presale.
Uniswap (UNI)
Despite the FTX chaos, Uniswap, one of DeFi’s most popular decentralized exchanges, recently surpassed industry giant Coinbase in daily trading volume.
As a result of the confusion surrounding FTX, several investors started to abandon cryptocurrency exchanges in favor of non-custodial solutions. Due to its status as the industry’s largest and most liquid decentralized exchange, Uniswap has successfully cornered a sizable portion of the market’s trading action despite the FTX turmoil.
The Uniswap protocol was developed to facilitate the creation of Defi applications on the Ethereum platform. It also facilitates the trading and acquisition of Defi tokens. The platform’s native token is UNI. Currently, Uniswap is trading around $5 to $6, down from its all-time high of slightly under $45.
To incentivize liquidity providers and holders of governance tokens, Uniswap has an inflation rate of 20%. No trusted third party is required to store or handle user funds on the Uniswap platform.
Uniswap is the brainchild of software developer and cryptocurrency fan Hayden Adams who launched the company in 2018. Adams founded Uniswap because he wanted to increase the liquidity of decentralized DEXs.
Since its inception, Uniswap has expanded swiftly to become a leading DEX. It supports a broad variety of assets, and it has a sizable active user base.
However, with the recent FTX crisis, which posed a danger to investor confidence in all exchange tokens, Uniswap (UNI) came under scrutiny. Fortunately, Uniswap is recovering and will likely play a pivotal role in the next bull market. Many industry experts see great potential for Uniswap to bounce back in 2023.
Find Out More About the Orbeon Protocol Presale:
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol