[ccpw id="39382"]

HomePress ReleaseNeo (NEO), Polkadot (DOT) Brave Market Volatility As Orbeon Protocol (ORBN) Skyrockets By 1500%

Neo (NEO), Polkadot (DOT) Brave Market Volatility As Orbeon Protocol (ORBN) Skyrockets By 1500%


Written By:

Latest News

- Advertisement -

Although the overall market sentiment has become bullish, certain volatile elements have made investors trade cautiously. So, if you are considering investing in Neo (NEO), Polkadot (DOT), or Orbeon Protocol (ORBN), critically evaluate their recent market performances to make a value-based decision. Following the huge success of the first four stages, the fifth stage of Orbeon Protocol’s (ORBN) presale round is flying higher. The price of ORBN tokens has leapt from the initial price of $0.004 to the current price of $0.069.

Neo (NEO) Recovers Losses Suffered From FTX Collapse

- Advertisement -

Amid the ongoing market volatility, Neo (NEO) has managed to trade in the green zone. Neo (NEO) had suffered a huge blow after the collapse of the FTX Token. However, the past few weeks have been favorable for Neo (NEO) to cover some losses incurred in 2022. Investors have been pumping money into Neo (NEO) again. Hence, the current market capitalization of Neo (NEO) has reached over $621 million. The price of Neo (NEO) has risen by 35% in the last 30 days. On the weekly chart, the price of Neo (NEO) has increased by 7.40%. Currently, Neo (NEO) is being traded at $8.86, which is 95.50% below its all-time high of $196.85.

Polkadot (DOT) Gets 38th Parachain

A new parachain has been added to Polkadot (DOT). The new parachain, AlephZero, is a zkSnark-based cryptocurrency, and is the 38th parachain on the Polkadot (DOT) network. This addition of a new parachain indicates the growing ecosystem of Polkadot (DOT). Increased ecosystem resulted in the increase of trade volume on Polkadot (DOT). Therefore, the price of Polkadot (DOT) has soared by 5.43% in the last week. Notably, on the monthly chart, Polkadot (DOT) has grown by 49.37%. Currently, Polkadot (DOT) is being traded at $6.77, which is 88% below its peak of $55.00.

Orbeon Protocol (ORBN) Raises Millions During Presale

Orbeon Protocol (ORBN) has merged the conventional business practices of the crowdfunding and venture capital industry with blockchain technology. Orbeon Protocol (ORBN) is a blockchain-based investment platform minting digital tokenized versions of equity shares of early-stage companies wishing to raise funds. The platform mints equity-based fractional NFTs for startups, which are in their nascent stage. With Orbeon Protocol (ORBN), individual investors get to become venture capitalists by investing a small amount, i.e. as low as $1.0. Orbeon Protocol (ORBN) has developed a tool called NFTs-as-service (NFTaas), which enables companies to raise capital in a cheaper and less time-taking manner.

Orbeon Protocol (ORBN) has benefits for crypto investors as well as projects. The platform lists only real-world vetted and emerging startups for investment rounds. Thus, Orbeon Protocol (ORBN) helps individual investors make a value-based investment in growth-oriented companies. Besides, the platform also ensures that investors do not become prey to any financial scams arising out of investment processes. Orbeon Protocol (ORBN) uses its “Fill or Kill” mechanism to guarantee that people get their invested money back if a company fails to rack up the minimum amount during the fundraising process. The platform has this safety measure imbibed into its smart contract, which can not be cheated.

Four essential components, i.e. Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and a Metaverse, set up the Orbeon ecosystem, which is run by ORBN tokens. These tokens have dual usability – for governance as well as transactional purposes. Moreover, ORBN holders receive many benefits, like eligibility to vote on the platform’s essential matters, receive discounts on trading fees, and cashback rewards. Moreover, Orbeon Protocol is also expected to register a growth rate of 6000% in the next few months. ORBN tokens are predicted to get to $0.24 before the presale phase ends.

- Advertisement -


PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

More from Author