Meme Coins See Increased Popularity With Dogecoin (DOGE) and Shiba Inu (SHIB), Orbeon Protocol (ORBN) up 655% With Strong Use Case

Orbeon Protocol (ORBN) has seen significant growth of 655% in recent weeks, driven in part by its innovative approach to venture capital. In the third phase of its presale, ORBN has garnered attention from investors and industry experts. However, while ORBN continues to attract interest, meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have raised significant interest as the communities behind these tokens rally as the year-end approaches.

Orbeon Protocol (ORBN)

Orbeon Protocol offers a secure and transparent platform for investing in early-stage businesses. This is possible with its NFT-as-a-Service (NFTaaS). Startups looking to raise funds can mint fractionalized, equity-based NFTs that investors can purchase at as low as $1. 

Orbeon Protocol provides a variety of safeguards, including a “Fill or Kill” mechanism, that makes investing simple and risk-free. Investors’ funds are returned if a project fails to raise sufficient funds within the set timeframe.

NFT-based investments allow new entrants unrestricted access to the speculative venture capital market. For the typical startup, it facilitates investment through non-traditional channels, such as venture capital (VC) and crowdfunding. In a Web3 environment, the new method helps startups engage with their communities more effectively, while everyday investors get access to investment opportunities that they would otherwise be unable to reach.

Orbeon Protocol’s presale has been immensely successful. The price of ORBN tokens has surged by 655% in the first two phases of the presale. Orbeon Protocol’s rising popularity is largely attributable to its usability or application cases.

During the presale phase, investors can acquire ORBN tokens at a price of $0.030, however, this isn’t expected to last long. Analysts anticipate a 6000% price increase to $0.24 as the presale concludes. Orbeon Protocol is certainly worth investigating as we approach 2023.

Dogecoin (DOGE)

Investors were hyped for Dogecoin (DOGE) following Elon Musk’s Twitter acquisition which led to a significant price increase for Dogecoin (DOGE). Since then, enthusiasm has settled as Musk prioritizes other Twitter features. In addition, a large chunk of Dogecoin’s (DOGE) momentum was lost due to FTX crashing. However, investors are confident that as Musk integrates Twitter crypto payments, Dogecoin (DOGE) will be first on the list.

The endless supply of Dogecoin (DOGE) has advantages and disadvantages. Every year, 5 billion Dogecoin (DOGE) tokens enter circulation, running the price down but also adding liquidity to the platform. Dogecoin (DOGE) is currently trading more than 88% lower than its ATH of $0.73, but investors are very confident it will reach over $1 in price soon.

Shiba Inu (SHIB)

Shiba Inu is currently one of the most sought-after digital currencies on the market (SHIB). As an Ethereum-based meme token, it employs a replica of Dogecoin’s Scrypt-based mining algorithm (DOGE). Shiba Inu (SHIB) is famous for its exchange mechanism, the decentralized exchange ShibaSwap. The decentralized exchange is an additional tool Shiba Inu uses to develop its brand.

Shiba Inu, often known as the “Dogecoin killer,” has acquired enormous traction in the cryptocurrency market and has a large following. Shiba Inu has a strong social media presence and a loyal fan base.

Notably, the burn rate for Shiba Inu (SHIB) increased recently, driving the Shiba Inu (SHIB) demand up further. Shiba Inu (SHIB underperformed by 74.7% this year compared to last, but analysts are confident this token will see a further increase in 2023.

 Find Out More About The Orbeon Protocol Presale




Source link:




Manchester United vs Brentford live: score and latest updates

07:44 PMThomas Frank speaks before the gameWe trust ourselves and believe that we can do something. I think the classic one is probably...

Ethereum Surges 4% As Whales Show Elevated Activity

Ethereum has seen an upwards push of 4% in the last couple of days as whales have displayed elevated levels of activity. Ethereum Whale...

‘I saw them all turn away’

Ollie Chessum knew from the reaction of his England’s team-mates that he had done some serious damage as his World Cup dream...

How Automation Drives Business Growth and Efficiency

By Juan Perez, EVP and CIO of Salesforce ...

Jayson Tatum’s MVP path, Kemba Walker, and a Danilo Gallinari conundrum

Forsberg: Tatum's MVP path, Kemba, and a Gallo conundrum originally appeared on NBC Sports BostonSome stray thoughts on the Boston Celtics after the...