The world of cryptocurrency is full of surprises, and the current landscape reflects this fact. Orbeon Protocol (ORBN) is currently the talk of the town, with its popularity and value continuing to surge during the presale with a recent 1988% price appreciation. In contrast, other major players in the market, such as Binance (BNB) and Chiliz (CHZ), are encountering difficulties and facing challenges. Let’s dissect the situation further.
Binance (BNB)
Binance (BNB) is the premier crypto exchange and largest digital asset platform in the world. If you have ever purchased crypto, there is a good chance that Binance (BNB) was your platform of choice.
Aside from its main exchange, Binance (BNB) has also expanded its range of services and areas of operations. One of the most notable expansions of Binance (BNB) has been the launch of Binance.US, a separate exchange specifically for the US market.
But with the US market comes the SEC, which is now cracking down on cryptocurrencies that do not meet their strict regulations. As a result, Binance (BNB) is under fire for issuing a stablecoin, BUSD, as an unregistered security.
While this won’t put an end to Binance (BNB), the SEC pressure will likely put an end to BUSD and other Binance (BNB) operations in the US market. This could snowball into Binance (BNB) losing overall market share and a drop in its value.
Chiliz (CHZ)
Chiliz (CHZ) is a cryptocurrency and blockchain project that is focused on creating a new platform for fan engagement in the sports and entertainment industries. Chiliz (CHZ) aims to enable sports and entertainment organizations to tokenize their fan engagement and rewards programs, using the blockchain to create new levels of transparency and interactivity.
One of the key ways that Chiliz (CHZ) is pursuing this goal is through partnerships with major sports teams and organizations. Chiliz (CHZ) has already partnered with some of the world’s biggest sports teams, such as Juventus, Paris Saint-Germain and AS Roma.
Despite some success and growing adoption, Chiliz (CHZ) is struggling to maintain its current market position. The price of Chiliz (CHZ) is down more than 84% from the peak of $0.89 set in March 2021. The Chiliz (CHZ) team needs to focus on the utility of Chiliz (CHZ) to drive adoption, as well as figure out how to increase the value of Chiliz (CHZ).
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a decentralized crowdfunding platform that leverages the power of NFTs to enable the fractional sale of equity to investors around the world. The Orbeon Protocol (ORBN) use of NFTs reduces the minimum investment threshold, making it easier for people from all walks of life to invest in the latest startups.
For startups that need capital, Orbeon Protocol (ORBN) acts as a “front door” to the world of investments. The best part is that startups can avoid the lengthy and expensive process of obtaining venture capital.
Orbeon Protocol (ORBN) also uses smart contracts to ensure that all transactions are secure and transparent. This is a great advantage, as it eliminates the need for manual verification and eliminates the risk of fraud.
The ORBN token itself has seen tremendous growth over the last few months, with its value increasing by more than 1988% during the Orbeon Protocol (ORBN) presale and the ninth phase has brought along a new token price of $0.0835. Holding ORBN grants access to the best projects on Orbeon Protocol (ORBN), as well as staking rewards, fee discounts and governance rights.
This surge in popularity and value has made Orbeon Protocol (ORBN) one of the hottest cryptocurrencies on the market, and with so much planned for the future, there is no sign of Orbeon Protocol (ORBN) slowing down anytime soon.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register