09 November,2022 05:41 PM IST | Mumbai | BrandMedia
This attitude has caused a rise in the price of several cryptocurrencies. PancakeSwap (CAKE) and Shiba Inu (SHIB) are two such crypto projects. However, a new entrant to the market, Orbeon Protocol (ORBN), has become one of the most eagerly awaited projects as ORBN rapidly sells out of presale. The Orbeon Protocol (ORBN) solves real-world problems of crowdfunding and the venture capital industry.
The price of PancakeSwap (CAKE) has witnessed a surge of around 7% in the past week. As a result, the current trading price of PancakeSwap (CAKE) has increased to USD 4.71 from USD 4.41. However, the price of CAKE token is still around 89% below its all-time high of USD 44.18.
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PancakeSwap (CAKE) is a blockchain platform with a special importance in the DeFi sector. While most platforms are Ethereum-powered, PancakeSwap is one of the few that supports BEP-20 tokens. PancakeSwap (CAKE) is a cryptocurrency exchange built on the Binance Smart Chain. The primary goal of PancakeSwap (CAKE) is to facilitate the trading of BEP-20 tokens. PancakeSwap also enables its users to farm and stake their CAKE tokens to earn rewards.
The market performance of Shiba Inu (SHIB) has witnessed a sudden surge in the last few days. The price of Shiba Inu (SHIB) has risen by more than 24% in the past week. While the current trading price of Shiba Inu (SHIB) has surged to USD 0.000012, it is still 61.69% below its all-time high of USD 0.000032.
Shiba Inu (SHIB) is the second-largest meme coin in the crypto world. Shiba Inu (SHIB) trails only Dogecoin (DOGE). However, meme coins were the worst sufferers of the recent market crash. They lost a significant market share in the early part of 2022.
Overtaking all its peers in terms of market share, Orbeon Protocol's (ORBN) pre-sale phase is following a skyrocketing growth path. Orbeon Protocol (ORBN) mints fractionalized NFTs of startups to allow them to raise investment quicker with everyday investors, and thereby decentralizes the crowdfunding and venture capital industries. This unique blockchain investment platform enables investors to make investments in companies for as low as USD 1.
For companies, Orbeon Protocol (ORBN) has introduced NFTs-as-service (NFTaas), which early-stage businesses can use to raise funds securely and easily. Orbeon Protocol (ORBN) also uses a "Fill or Kill" mechanism that provides investors protection against scams. This ensures that investors get their money back if a company fails to raise the minimum amount. The key aspect of this safety mechanism is that it can never be cheated because it is incorporated into the platform's smart contract.
ORBN tokens power the Orbeon ecosystem, which has four constituents: Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and a Metaverse platform. ORBN holders also get benefits like voting rights on key matters of the platform, cashback rewards, and discounts on trading fees.
Projects with real-world utility are always considered the best crypto investments for long term success. Thus, Orbeon Protocol (ORBN) has become a key player for market experts. They have forecasted that the demand for ORBN will mount new peaks during the pre-sale. It is predicted that the price of ORBN will grow by 6000% and jump to USD 0.24 during the pre-sale. Currently, ORBN is priced at the rate of USD 0.004.
Find Out More About The Orbeon Protocol Presale
Presale: https://presale.orbeonprotocol.com/register
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol