Bitcoin (BTC) investors are frustrated by a price that remains below expectations, but this may not be a terrible thing given the emergence of other cryptocurrencies and blockchain-based initiatives. One such project is the Orbeon Protocol (ORBN), whose native coin has garnered a lot of interest from investors.
Being in phase 3 of its presale, ORBN is expected to increase in value by 6000%. Other cryptocurrencies seeing price surges include ApeCoin (APE) and Litecoin (LTC).
So, why is everyone talking about Orbeon Protocol, and why is it a better investment than Bitcoin, whose value keeps dropping? Let’s look at each of these coins in detail.
As a direct result of FTX’s demise, Bitcoin’s value has dropped by over 20% in recent weeks, hitting lows not seen in over two years. However, in terms of total market value, Bitcoin still dominates all other cryptocurrencies.
As the Bitcoin price continues to stagnate, investors are now looking at other promising altcoins such as ApeCoin (APE), Litecoin (LTC), and Orbeon Protocol (ORBN) as the more reliable options.
ApeCoin, like many other alternative cryptocurrencies, is used to regulate the APE ecosystem created by Yuga Labs. Among the most well-known NFT projects hosted by Yuga Labs are Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and the Otherside metaverse.
ApeCoin was released in March 2022, and investors were interested in it because of all the buzz surrounding NFT and Web3. Apecoin increased in value by 2,800% in the first few hours after its release.
ApeCoin’s $1 billion market worth is thanks to its current price of $3. Token holders get access to a variety of premium features and benefits, including games, events, services, the ApeCoin metaverse, and official ApeCoin swag.
Litecoin was an early option for investors. Since it has never gone down in over a decade, the decentralized, open-source platform is considered to be one of the most secure.
Litecoin was created with the intention of reducing the time, effort, and cost associated with sending money online. As such, Litecoin offers resolutions to many of the issues encountered by blockchain platforms.
Since the block time and confirmation speed of Litecoin have been halved, the platform processes transactions quickly and at a cheap cost.
With its low transaction fees and ease of use at POS terminals, Litecoin (LTC) is a great cryptocurrency for everyday use. The creators of Litecoin have also created a debit card that can be used to make purchases at any store that accepts Visa.
Orbeon Protocol (ORBN)
It’s no surprise that new crypto initiatives like Orbeon Protocol are becoming the next big thing, given the fact that it provides immense utility and real-world use cases.
Functioning as a decentralized investment platform, Orbeon Protocol allows startups to mint equity-backed, fractionalized NFTs from as low as $1. These are far more accessible for everyday investors to purchase, and also allows startups to raise capital much faster than in the traditional VC market.
The project’s native token, ORBN, has also seen attention due to the benefits it provides to holders. These perks range from transaction fee discounts, staking rewards, governance rights and more.
As a result, ORBN has gained traction as one of the fastest-growing cryptocurrencies. The price of ORBN is expected to rise by 6000% when the presale is over.
Find Out More About The Orbeon Protocol Presale
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