Cryptonews News Bitcoin (BTC) and Ethereum (ETH) Dominate The Crypto Market, Orbeon Protocol (ORBN) Emerges As A Strong Competitor With An 1988% Increase During The Presale

Bitcoin (BTC) and Ethereum (ETH) Dominate The Crypto Market, Orbeon Protocol (ORBN) Emerges As A Strong Competitor With An 1988% Increase During The Presale

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Bitcoin (BTC) and Ethereum (ETH) are flying high as the cryptocurrency sector continues to bottom out after coming under immense pressure last year. However, while the two continue to dominate the industry, investors are also taking note of little known Orbeon Protocol (ORBN), which continues to post significant gains in presale, a 1988% price appreciation so far, and is a strong competitor in the sector.

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Ethereum (ETH) Developers Raise Interest

While Orbeon Protocol (ORBN) is poised to dominate the crowdfunding and venture capital sectors, Ethereum (ETH) is already dominating the development of decentralized applications and smart contracts. As a result, Ethereum (ETH) is the preferred blockchain for developers looking to develop dApps for performing different functions.

In addition, Ethereum (ETH) is already the preferred platform for creating non-fungible tokens and supporting the marketplace for their trading. Ethereum (ETH) is also playing a key role in the development of apps and platforms for supporting the world of decentralized platforms.

Given the increased use case, demand for Ether, the Ethereum (ETH) native token, has been high, which explains the 30%+ gains year to date. As the overall sector continues to bottom out, Ethereum (ETH) is one of the coins expected to outperform.

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Bitcoin (BTC) Growing Popularity

Bitcoin (BTC) had a disastrous 2022 losing nearly 65% in market value. Fast forward, sentiments on the flagship cryptocurrency have improved, and the Bitcoin (BTC) coin is up by more than 30% year to date. Cathie Wood of ARK Invest expects Bitcoin (BTC) price to hit highs of $1.48 million, going by the enormous growth opportunities of Bitcoin (BTC).

According to Wood, Bitcoin (BTC) will account for more than 10% of the money supply in emerging markets by 2030. In addition, the flagship cryptocurrency Bitcoin (BTC) has what it takes to account for more than 6% of the investment portfolios of big institutional investors.

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Orbeon Protocol (ORBN) Outperforming Bitcoin (BTC) and Ethereum (ETH)

Orbeon Protocol (ORBN) continues to usurp Bitcoin (BTC) and Ethereum (ETH) in performance going by the 1988% increase in presale on plotting transformational changes in the crowdfunding sector. The Orbeon Protocol (ORBN) project has moved to open up the industry with a unique decentralized investment platform. The platform provides an easy way for startups to raise funds by targeting a wider pool of investors.

In the Orbeon Protocol (ORBN) platform, startups looking to raise funds must mint non-fungible tokens (NFTs) to be fractionalized to represent equity stakes. In return, investors can spend as little as $1 to purchase the fractionalized stakes from which the companies are to raise the much-needed funds.

The Orbeon Protocol (ORBN) platform provides startups and early projects with the best way to raise capital quickly. Instead of focusing on wealthy and venture capitalists, the companies can pool resources from everyday investors who have been gunning for such investment opportunities.

In addition, a “Fill or Kill” mechanism in place will enhance the credibility of the funding rounds by ensuring funds are returned to investors whenever a funding round fails to hit the target.

ORBN is the token that powers the Orbeon Protocol (ORBN) ecosystem offering holders an opportunity to stake and earn some passive income. It will also double up as a governance token allowing holders to vote on key decisions and upcoming projects. Holders will also enjoy discounts on trading fees and cash-back rewards.

The total number of ORBN tokens that will even be in circulation is capped at 888 million. People can use an Orbeon Wallet to buy, exchange and hold cryptocurrencies and NFTs all in one place. Orbeon Exchange also intends to explore the virtual world through a metaverse integration.

As the overall cryptocurrency sector continues to bottom out, focus is on established projects like Bitcoin (BTC) and Ethereum (ETH). Nevertheless, Orbeon Protocol (ORBN) is well poised to outperform the overall industry going by the explosive moves in presale and its potential to redefine crowdfunding.