The declining fortunes of several leading cryptocurrencies like Theta Network (THETA) and Axie Infinity (AXS) have pushed investors to new projects like Orbeon Protocol (ORBN) in 2022. It is interesting to see that while Theta Network (THETA) and Axie Infinity (AXS) tokens have plunged over 95% from the all-time highs achieved in 2021, Orbeon Protocol (ORBN) has jumped 655% during presale. Orbeon Protocol (ORBN) has also quickly grabbed investors’ interest with promising new features. As the market is expected to recover soon, Orbeon Protocol (ORBN) investors can expect bigger gains in coming months if the current trend continues. That said, this article looks at why Orbeon Protocol (ORBN) is attracting investors and how Theta Network (THETA) and Axie Infinity (AXS) are performing.
Theta Network (THETA) falls over 95% from ATH
Theta Network (THETA) is a blockchain-based platform built for video streaming. With its biggest use case in rendering virtual reality (VR) worlds in real time, Theta Network (THETA) has the potential to become a critical infrastructure for metaverse projects, However, metaverse is still a developing idea and metaverse-based tokens have failed to keep investors interested in 2022.
Theta Network (THETA) token has disappointed investors in 2022, falling over 14% in the last two weeks. As per CoinMarketCap data at the time of writing, Theta Network (THETA) has plunged 84% from $4.7 on 1st January 2022 to $0.75 at the time of writing. The current price of Theta Network (THETA) token is 95% below the all-time high (ATH) of $15.72 on April 16, 2021.
Since its launch in March 2019, Theta Network (THETA) has been able to build a passionate community, which augurs well for its future. Recently, Theta network (THETA) was in the news after Trusted Media Brands (TMB) became the newest Enterprise Validator Node to join the network.
Axie Infinity (AXS) plunges further
With investors moving away from gaming-based crypto tokens, Axie Infinity (AXS) has witnessed massive price decline this year. According to CoinMarketCap data at the time of writing, Axie Infinity (AXS) has plummeted over 92% from $93 on 1st January 2022 to $6.8 at the time of writing.
Like Theta Network (THETA), the current price of Axie Infinity (AXS) token is also over 95% below the ATH of $164.9 on November 6, 2021. In the last 7 days, Axie Infinity (AXS) tokens plunged over 17% as several other cryptocurrencies showed growth.
Axie Infinity (AXS) offers a blockchain-based trading and battling game where players can trade token-based creatures known as Axies, which are basically non-fungible tokens (NFTs) with different attributes.
Orbeon Protocol (ORBN) offers exciting new possibilities
For investors interested in long-term growth, Orbeon Protocol (ORBN) has opened new possibilities that were previously unheard of in the venture capital and crowdfunding space. As a blockchain-based platform, Orbeon Protocol (ORBN) allows investors to buy equity stakes in promising early stage businesses through fractional NFTs. In the process, they stand to increase their wealth, if the business grows, and also earn money from the price appreciation of ORBN tokens.
While crypto investors have always been dependent on the volatile market conditions for any growth possibility, Orbeon Protocol (ORBN) offers an opportunity to make more by bridging the gap between traditional and crypto finance. This new possibility offered by Orbeon Protocol has resulted in a massive demand for ORBN tokens.
Currently in the third stage of presale, Orbeon Protocol (ORBN) price has surged 655% to $0.0302. It was initially launched at a price of $0.004. The future holds more promise for Orbeon Protocol (ORBN) holders as analysts are predicting that the token could jump 6000% to $0.24 during the presale.
Find Out More About The Orbeon Protocol Presale
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.