Avalanche (AVAX) and Polygon (MATIC) have been top performers throughout 2023. Both projects have drastically increased in price, exciting current holders and attracting new investors in the process. But how do they compare to Orbeon Protocol (ORBN)?
Avalanche (AVAX) Up $3 Since Market Correction
Avalanche (AVAX) is a comprehensive DeFi solution designed for developers. It lets developers build decentralized applications that can be scaled, and also allows for fast transaction speeds.
Avalanche (AVAX) uses a consensus protocol that allows for high throughput, outstanding security, and low latency, all of which have made Avalanche (AVAX) an extremely popular development tool. As of February 2023, Avalanche (AVAX) is the third largest blockchain with a total valuation of around $5.2 billion.
Since the start of January, Avalanche (AVAX) has increased in value from $10.89 to $19.88, almost doubling in price. Although its value fluctuated throughout the recent market correction, Avalanche (AVAX) is still considered a strong investment, and as its blockchain continues to influence the market, the value of Avalanche (AVAX) will continue to rise.
Polygon (MATIC) Hits 10 Month High
Polygon (MATIC) is one of the largest cryptocurrencies in the world. Polygon (MATIC) was created as a cost-effective alternative to Ethereum (ETH), providing users with low transaction fees and industry leading speeds.
Developers using Polygon (MATIC) have access to a wide range of tools that can be tailored to their audience, making it a fantastic tool for DeFi projects with specific audience requirements.
Polygon (MATIC) is one of the best performing cryptocurrencies in the market, recently hitting highs of $1.49, the highest its value has been since April 2022. This is bullish news not just for Polygon (MATIC) holders, but the entire cryptocurrency market. Some analysts now predict that Polygon (MATIC) could go as high as $2 in the upcoming month, which has resulted in a surge in trading volume.
Orbeon Protocol (ORBN) Stage Eight Is 60% Sold Out
While Avalanche (AVAX) and Polygon (MATIC) have beaten the general market, Orbeon Protocol (ORBN) has taken things to a whole new level. In the past four months, Orbeon Protocol (ORBN) has increased in price by 1815% and is expected to reach highs of $0.24.
Aside from great returns, Orbeon Protocol (ORBN) showcases one of the most unique DeFi applications in the market – a multi-chain launchpad for real world startups. Using the Orbeon launchpad, vetted startups can create and sell equity backed and reward NFTs to crypto investors.
This unique application provides a great alternative to venture capitalists, and also lets startups build a community of investors who believe in their objectives and products. To keep Orbeon Protocol (ORBN) investors protected, each NFT will have a “Fill or Kill” mechanism built into its smart contract. This mechanism requires startups to hit certain funding targets to acquire funding. If these are missed, Orbeon Protocol (ORBN) investors are automatically refunded.
Orbeon Protocol (ORBN) has been successfully audited by Solid Proof, and the project team has been verified by Coinsult to prevent any risk of a rug pull. This makes Orbeon Protocol (ORBN) not just a safe investment, but one that could offer the best returns in the market.
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