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It is expected that the 2023 crypto market will be significantly different from last year. A big difference will be the emergence of new protocols that offer better security, scalability and confidentiality compared to existing protocols.
Of these, the orbon (orbn) protocol, which should stand out as the best option for companies and investors as it has already increased by 987% during pre-sale. This article is about, let's see what the Orbeon protocol is (ORBN) and why it might be a strong option next to existing tokens such as Fantom (FTM) and Polkadot (DOT).
Fantom’s (FTM) trading volume and market cap take a major hit
According to Fantom’s (FTM) daily price charts, it currently indicates a downward movement toward the lower ranges in 2023. Analysts believe that fantom (ftm) must maintain its current price level to prevent the token from going to new historical lows.
The value of fantom (ftm) fell over the past month to an estimated value of $0.21, losing approximately 13.99% of its market capitalization. The volume of transactions and the market capitalization of phantoms (ftm) have also decreased since January 2022. The current Fantom (MTF) trade volume is $21,942,481, a shocking drop from last year's volume of $1,545,569,741.
Similarly, the market capitalization of Fantom (ftm) was also significantly impacted, from $7,278,618,521 last year to $556,103,309 at the time of writing this report. In addition, the technical analysis-based indicators indicate a slowdown in fantom momentum (ftm). To take advantage of the current intraday trend of cryptocurrency fantom (ftm), investors will require bears in the opposite direction. Experts therefore recommend investing in better cryptocurrencies than fantom (ftm).
Bulls steer toward Polkadot (DOT)
Bears have been relentlessly attempting to suppress the price of Polkadot, which has resulted in an approximate 20% monthly decline. The price of the polkadot was close to the limits of the previous lows on December 25, 2022, and ever since, the token has been falling steadily.
There is no evidence of a future growth table according to the technical analysis, and the bulls will probably stand out of polkadot in the near future. The volume of transactions can indicate that the bulls who were waiting for the market to win are still not interested in the polkadot at its present decline.
So far, polkadot has worked hard on a number of cutting-edge initiatives, such as the deployment of xcm, the consensus communication standard for the network; xcmp (cross-chain message passing protocol) upgrades; governance enhancements; and the release of parathreads. However, developments did not have any effect on the prices and profits of polkadot. The current price of Dot is $4.51. Polkadot has fallen from its all-time high of $55.00 by 91.81%.
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Orbeon Protocol (ORBN) gains traction from its presale gains
Orbeon Protocol is a new, innovative investment platform that allows users to buy split ETFs representing inventory in start-up companies. Investors can invest as little as $1 in their choice of emerging startups and take great advantage of them.
Recently, Orbeon Protocol has gained much attention after its significant price increases and the release of new features. New features, like a peer-to-peer swap and a unified portfolio, have been added to the Orbeon Protocol platform. This diverse ecosystem offers many benefits to new businesses, including easier access to financing and less hassle related to their capital raising mission.
In its pre-sale phase, experts expect the price of the Orbeon Protocol to peak at $0.24 in the next few months. Investors were very interested in the Orbeon Protocol because of its revolutionary idea, its evolutionary factor and its use case. ORBN has earned over 987% since Phase II of presale and is currently selling for $0.0435. This also represents a significant increase for the Orbeon Protocol, as it began presale at $0.004.
Find Out More About The Orbeon Protocol Presale
Presale:https://presale.orbeonprotocol.com/register
Website: https://orbeonprotocol.com/
Telegram:https://t.me/OrbeonProtocol
