The Orberon Protocol (ORBN) platform has caused a buzz in the crypto space amidst the ongoing bear market. While top names in the industry, like the Enjin Coin (ENJ) and Elrond (EGLD), have been pulled into a rut of highs and lows, Orbeon (ORBN) shows potential in emerging successfully from the bearish phase as its price is predicted to increase from $0.004 to $0.24 during presale.
Enjin (ENJ) Performance at a Low Peak
A well known name in the NFT space is the Enjin (ENJ) platform. Enjin (ENJ) provides an end-to-end solution to launch NFT projects. Enjin (ENJ) can also be used by developers to create and manage in-game NFT assets and other distributed apps (dApps). The Enjin Coin (ENJ) is an ERC-20 token that powers the Enjin platform, and is used to facilitate transactions for in-game assets. While the concept behind this crypto took the digital world by storm in 2018, the bear market has not been kind to Enjin (ENJ) coin. The current price of Enjin (ENJ) coin is $0.434, which is 91.05% below its all time high of $4.85.
Elrond (EGLD) Suffers in Value
Elrond (EGLD) is a blockchain platform that can handle high volumes of transactions quickly, at lower costs, and with lesser energy consumption. Elrond (EGLD) boasts that it can handle 15,000 transactions per second at the cost of just $0.001 each. This makes the Elrond (EGLD) platform cheaper to use as compared to Ethereum and other top names in this space. Additionally, developers can use the Elrond platform to create and deploy dApps. EGLD or eGold is the currency that powers Elrond. The current price of this currency is $55.20 per EGLD, which is 89.83% below its all time high of $542.58, due to the ongoing bear market. While Elrond has suffered along with the rest of the crypto market, many enthusiasts are eager to see what new features the Elron team can bring to the project, and whether or not they will rally the cryptocurrency back to its all-time high.
Market Analysts Focus on Orbeon’s (ORBN) Potential
Orbeon protocol (ORBN) is revolutionizing the crowdfunding and venture capital industry, and paving the way for promising startups to get the recognition they deserve. Anybody can now fractionally invest in some of the most exciting early stage businesses using the Orbeon platform (ORBN) for as low as $1.
For instance, if a company wants to launch a funding round, Orbeon Protocol (ORBN) will mint a NFT for the company and fractionalise it. Investors can then purchase small fractions of these NFTs that represent an investment in the company, for relatively low amounts of capital. Through the Orbeon platform, investors can choose from a marketplace of vetted start-ups to invest in. Thus, Orbeon also gives new businesses the chance to connect with their community and raise capital quickly. Investors can avoid getting scammed by projects that do not succeed, leading to a loss in investment. The Orbeon protocol embeds the “Fill or Kill” mechanism in its smart contracts, which will automatically return the money back to the investors if the business fails to raise the required capital.
The Orbeon ecosystem is powered by the ORBN token that has an initial starting price of $0.004. ORBN offers token holders incentives like staking, governance, discounts on trading fees, cashback rewards, priority access to up and coming funding rounds, and access to exclusive investor groups.
The Orbeon platform, which benefits both investors and businesses, is making waves in the crypto community. Analysts are forecasting a 6,000% rise in ORBN price during the presale phase, to $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