Ethereum (ETH) and Binance Coin (BNB) Outperformed by Orbeon Protocol (ORBN) Presale
Investors looking to get in on the ground floor of the next big thing in the crypto world should pay attention to the Orbeon Protocol (ORBN) presale, which has already outperformed Ethereum (ETH) and Binance Coin (BNB) by a long shot. But what sets Orbeon Protocol (ORBN) apart from its competitors is its innovative use of equity-backed NFTs, which is revolutionizing the venture capital and crowdfunding sectors. With Orbeon Protocol (ORBN) currently in its seventh presale phase and having already seen a rally of 1815%, it’s not too late to get in on the action at just $0.076 per token.
Ethereum (ETH)
Ethereum (ETH) is a decentralized, open-source blockchain platform that is used to create and run smart contracts and decentralized applications. Ethereum (ETH) works with a proof-of-work consensus algorithm, which makes sure the network is safe and secure.
Ethereum (ETH) is also used as a currency on decentralized exchanges and as a way to pay for transactions within the Ethereum (ETH) ecosystem. But Ethereum (ETH) hasn’t been easy to scale up, and the network hasn’t been able to keep up with the growing demand for decentralized apps and smart contract execution.
This has hurt Ethereum’s (ETH) long-term prospects, and Ethereum (ETH) recently lost nearly 6% of its value. From its all-time high of $4,878 to now, Ethereum (ETH) has dropped by almost 70%.
Binance Coin (BNB)
Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest and most prominent cryptocurrency exchanges. The Binance exchange accepts Binance Coin (BNB) as payment for transaction fees and provides users a discount on these costs when paid in Binance Coin (BNB).
By developing its own blockchain and decentralized exchange, Binance Smart Chain, Binance has also increased the use case for Binance Coin (BNB). Binance Coin (BNB) is a very liquid cryptocurrency, but its value is greatly dependent on the success and widespread acceptance of the Binance exchange and ecosystem.
As a result, Binance Coin (BNB) may lack the autonomy and long-term stability offered by other cryptocurrencies. This was emphasized when one of the largest cryptocurrency exchanges, FTX, failed. Currently, Binance Coin (BNB) is trading nearly 55% below its all-time high.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a groundbreaking crowdsourcing and venture capital platform that helps businesses raise funds through token sales. Orbeon Protocol (ORBN) enables individuals to readily invest in creative projects while also assisting businesses in gaining access to new financial sources.
Users of the Orbeon Protocol (ORBN) can acquire these NFTs for as little as $1, allowing them to become stakeholders in some of the most promising early-stage opportunities.
Consequently, Orbeon Protocol (ORBN) can cut fundraising expenses while allowing businesses to seek funding fast and effectively. By decreasing the minimum investment level, Orbeon Protocol (ORBN) makes investing significantly more accessible to a larger spectrum of investors.
Orbeon Protocol (ORBN) tokens can still be purchased at a low price of $0.0766 because the project is presently in presale phase 8 and has already shown enormous profits, but more is predicted. Analysts believe that by the end of the presale, Orbeon Protocol (ORBN) investors will have experienced a massive 6000% increase in value, pushing the price up to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Will the FOMC Drive Down the Price of Bitcoin Given That It Has Outperformed Many Traditional Assets?
Bitcoin has been extremely volatile in recent times, in contrast to other assets. These have been driven by central bank rate hikes, inflation, and the strengthening of the USD. However, amid the bearish drop, it managed to remain stable and gain ground against many assets.
Although the BTC prices traded slightly higher than the previous month, still remained consolidated for 120 days since the deleveraging event in mid-June. Additionally, the market participants are establishing a probable bearish scenario, various metrics like whale transactions, long-held coins, etc. suggest that there may be several months still ahead before a full recovery.
The on-chain indicators from Glassnode that are listed below could be the cause of star crypto’s potential recovery delay.
- The relative address Supply distribution chart manifests a massive decline of the addresses holding more than 100 BTC from 70% to 60%.
- Holders holding 100 BTC to 1000 BTC have heavily contributed to a distribution event in August while the holders holding 1000 BTC to 10,000BTC have been accumulating aggressively
- The net whale withdrawal volumes in the recent weeks, with a net outflow from the exchanges hitting as high as 15.7K BTC which is the largest since June 2022.
- The market participants are experiencing a decline in profit of about 50% which suggests the supply of profitability remains elevated in relation to historical analogues
In addition to all these above factors, the major contributor could be the FOMC meeting, which is underway in the next couple of hours. While increased basis points may contribute to a further slash in the Bitcoin(BTC) price lower very soon.