Resilient Crypto: EOS, DOGE, & ORBN Defy Bear Market

Jan. 14, 2023
Resilient Crypto: EOS, DOGE, & ORBN Defy Bear Market

Despite the overall crypto market downturn, some cryptocurrencies are still performing well. EOS, Dogecoin, and Orbeon Protocol, which is currently in their third presale round.

EOS enables the creation of decentralized apps (dApps) that are economically viable. This allows businesses to develop blockchain-based applications that are similar to traditional web apps.

Binance’s announcement that USDT can be transferred on the EOS platform has led to an increase in the price of the EOS token, with it reaching above $1 for the first time in over a month.

Per the CoinMarketcap data, EOS has experienced a significant increase in weekly by over 16.79%. In addition, EOS appears to be the best option for those seeking the fastest transaction processing times.

Source: Tradingview.com

EOS is expected to be a popular choice among investors in layer 1 assets, and analysts predict that its value will rise by 20-30% in 2023. If EOS meets these expectations, its investors may see a significant return on their investment.

Price Increase of Dogecoin & Orbeon Protocol (ORBN)

Dogecoin (DOGE) price plummeted considerably last year, as it did for many other cryptocurrencies. The meme money, on the other hand, managed to keep its worth and position.

DOGE was trading at a price around 76% lower than its all-time high of $0.074 at the start of 2022. It cost $0.074 on January 1st. Fortunately, Dogecoin broke out of the range, bounced off the low support level, and then climbed over $0.092 with a weekly gain of about 21%, according to CoinMarketcap.

Source: Tradingview.com

Even if DOGE has been trading in a range for a more extended period, the first crypto bullish rise is excellent news for token holders.

When Dogecoin (DOGE) breaks past the immediate resistance level, it will turn bullish. Most investors and the Dogecoin community believe the trend will increase this year.

On the other hand, Orbeon Protocol (ORBN) aims to transform the venture capital industry by allowing firms to utilize the blockchain-based investment platform to mint and distribute equity-backed NFTs to supporters.

ORBN would produce fractionalized NFTs backed by actual businesses, allowing anybody to invest as little as $1 in a share of a company they believe in.

Individuals worried about security will appreciate Orbeon Protocol’s smart contract’s innovative “Fill or Kill” feature, which ensures investors receive their money back if a firm fails to meet its financing objective within a specific time frame. To avoid rug pulls, the Orbeon Protocol (ORBN) liquidity pool is likewise locked for five years.

Related Reading | Aave Liquidates Alameda Liquidators During Fund Consolidation

The Orbeon Protocol (ORBN) crypto token confers several benefits and privileges. Holding the ORBN token enables you to stake incentives that produce passive money and access to special financing groups. You also save money on trading costs.

The Orbeon Protocol (ORBN) is now in the third round of its presale. Many analysts predict that Orbeon Protocol (ORBN) will be valued at $0.24 at the end of the presale. Additionally, a significant increase from its initial presale price of $0.004.

Ammar Raza

Associate editor
Ammar Raza is an individual with a strong interest in the world of cryptocurrency. He has written extensively on topics such as non-fungible tokens, decentralized apps, and blockchain technology. In addition, he is passionate about collaborating with innovative companies to drive meaningful change.

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