Shiba Inu (SHIB) has partnered with John Richmond, initiating the token into the men’s fashion world by being showcased during the Pitti Immagine UOMO event in Florence. Meanwhile, Solana (SOL) looks to regain a position into the top 10 cryptocurrencies by market capitalization as it gained over 40% last week, and demand for crypto crowdfunding platform Orbeon Protocol (ORBN) surged as it managed to skyrocket over 980% last month. Given the project’s strong fundamentals, analysts predict it will surge by over 6,000% in 2023.
Shiba Inu (SHIB) Is Moving Into Men’s Fashion
Renowned fashion designer John Richmond announced that he will be revealing a new collection during the Pitti Immagine UOMO event in Florence that will feature Shiba Inu (SHIB) and Shib Army logos. The fashion partnership between Shiba Inu (SHIB) and the world-famous designer was already intact since the beginning of 2022, but this year Shiba Inu (SHIB) will finally see the ramp walks.
Apart from John Richmond alone, Shiba Inu (SHIB) also announced a partnership with the Bugatti Group, which is a Canada-based baggage and business goods manufacturer. Following the news, Shiba Inu (SHIB) officially ‘’shed a zero,’’ and its price increased from $0.000008 to over $0.00001. This means that Shiba Inu (SHIB) is still over 80% down from its all-time high, which makes for a great long-term investment opportunity for those bullish on the Shiba Inu project.
Solana (SOL) is up Over 40% as the Dust of FTX Collapse Settles
After Sam Bankman-Fried dumped his huge Solana (SOL) stack to try and save the FTX cryptocurrency exchange from bankruptcy, it seems that Solana (SOL) is slowly recovering, posting a nearly 40% gain over the last seven days alone.
Another catalyst for this sharp price increase is the release of BONK, which has caught the attention of many memecoin enthusiasts. BONK is another dog-themed token, but the first official memecoin of the Solana ecosystem.
In its white paper, BONK states that it wants Solana (SOL) to get rid of ‘Toxic Alameda tokenomics,’ which is probably already a valid reason for most cryptocurrency enthusiasts to invest in the project. This could see Solana (SOL) further increase as it adopts these principles, however, the benefit of BONK on the Solana ecosystem is unclear.
As a meme token, BONK is purely speculative, so if the hype behind it dies down, then it will serve no benefit to Solana (SOL) and its ecosystem.
Demand for Orbeon Protocol (ORBN) Tokens Surges – Pre-Sale Only Lasts 10 More Days
The third stage of the Orbeon Protocol (ORBN) pre-sale is coming to an end, and on-chain analytics show that demand for Orbeon Protocol (ORBN) is skyrocketing as of writing. For those wondering, Orbeon Protocol (ORBN) aims to be the world’s first crypto crowdfunding platform that enables users to fractionally invest in exciting and promising real-world start-up businesses.
Through Orbeon Protocol (ORBN), start-ups will be able to raise funds and engage directly with their community through the issuance of equity-based NFTs on the Orbeon Protocol Launchpad. Just like stocks, each investment opportunity will be minted into an NFT and fractionalized so that investors can invest in it from as little as $1.
Orbeon Protocol (ORBN) plans to enable businesses and investors to bridge from Web2 to Web3 with as less friction as possible, and early investors benefit from governance and voting rights, access to exclusive investor groups, staking bonuses and rewards, discounts on trading and transaction fees, and a low price per token of $0.0435.
Given its strong fundamentals, analysts predict Orbeon Protocol (ORBN) to surge by over 6,000% in 2023, so it could definitely be worthwhile to add some tokens to your portfolio whilst the pre-sale lasts.
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DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
