There’s good news for cryptocurrency investors: the market is recovering from its recent hit as more tokens gain some value. THORChain and eCash have recorded some gains while Orbeon Protocol has never lost value since its launch.
Let’s take a look at these recovering tokens and the ever-appreciating Orbeon Protocol.
A Bright Future awaits THORChain Investors
Cryptocurrency users and investors exchange their digital assets from time to time. They can do this effortlessly through THORChain, a decentralized liquidity protocol for crypto exchange that guarantees users absolute custody of their assets during exchanges.
The THORChain protocol allows them to swap one digital asset for another through a permissionless channel.
Selling for $1.31 per token, RUNE is currently recovering from the dip in value it experienced recently, assuring investors of a bright future. THORChain is a well thought protocol, no doubt, but the current state of RUNE doesn’t reflect the true expectations of its investors. Whether THORChain would garner users like other blockchains, such as Solana and Avalanche, only time will tell.
eCash Looks More Promising as it Reaps Some Gains
Unlike THORChain, eCash is trying to regain the investors’ confidence. Currently valued at $0.00002392, eCash has shown glimpses of promise. Bitcoin Cash ABC (BCHA), a fork of Bitcoin Cash (BCH) and Bitcoin (BTC) was rebranded to eCash (XEC). The team considers it a digital currency that users can use as electronic cash to pay for goods and services.
eCash has not really performed to the delight of crypto enthusiasts. Today, XEC’s live price is $000022 as it continues to shrug off the impact of the recent bearish market. The trading volume of XEC reduced by about 50% in the last 24 hours, an indication that investors are gradually losing their confidence in eCash. XEC enjoyed an all-time-high of $0.0005926 on Nov 26, 2021 but has since lost over 95% of its market value. It’s likely that eCash would ride against the tide gradually in the current bear market to earn more ROI for its investors.
Orbeon Protocol Shines in the New Year
The Orbeon Protocol token, (ORBN), makes the list of tokens that gain massively while most projects crashed in the market. It continued its appreciation in the new year as the token attracts more investors and appreciates consistently.
Orbeon is a platform for investors and entrepreneurs to meet. Prospective entrepreneurs who are hampered by a lack of funds can meet venture capitalists on the platform and raise funds for their businesses.
Users who have funds but need great investment ideas to finance can also come across great ideas that will be worthy of their time and investment.
For instance, if a user needs funds to finance their business, the user can use the Orbeon platform to generate the fund. Orbeon Protocol will assist the user to raise funds by creating fractional non-fungible tokens (NFTs) for the client and offer them to the community at a very low and affordable price.
To give users the best experience, the team incorporates a robust ecosystem into its project. Through its launchpad, users can either raise funds for their existing businesses or launch new businesses with ease.
The Orbeon Wallet is a digital wallet for users to hold their digital assets such as NFTs and cryptocurrencies. They can also purchase or exchange digital assets through the wallet.
More so, its Orbeon Swap comes in handy for users who wish to replace their assets with other ones. This is to ensure that users have the best experience while using the protocol.
Thus, while some tokens are waking up from their slumber, (ORBN) consolidates its appreciation by recording more gains in the new year.
Predicted to increase by 6000% from initial $0.004.
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