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Cardano (ADA) and Ethereum (ETH) have fallen again, while Orbeon Protocol (ORBN) has broken new records. This continues a trend of underperformance for the top two cryptocurrencies, while Orbeon Protocol has rallied by more than 655% as phase three of the pre-sale began.
Cardano (ADA) is down 90% from its ATH
Cardano (ADA) is a proof-of-stake (PoS) blockchain platform that allows users to create tokens, build decentralized applications (dApps), and run smart contracts. Cardano is built using a well-researched, evidence-based process, which eliminates any potential issues. Cardano is set up to work well and its developers are focused on making it better. The platform’s utility token, Cardano (ADA), is a large crypto asset with one of the highest market capitalizations. Due to the crypto winter, Cardano (ADA) was unable to carry over its big run from 2021 to this year. Cardano has lost 23.2% of its value this month alone, and the Cardano price is now almost 90% below its all-time high of $3.09.
Ethereum (ETH) is down 21% this month
Since its inception in 2015, Ethereum (ETH) has taken over the market. Although it can be affected by market crashes due to its volatility, Ethereum has remained at the top of the cryptocurrency market. At the moment, one ETH costs $1,233.
Ethereum is a decentralized network. It facilitates the creation of smart contracts and decentralized applications (dApps). Ethereum is a programmable network that allows you to use smart contracts and their terms and conditions.
The Ethereum network allows various blockchains and applications to grow without impairing their operation. Ethereum has become known outside of its network because it has created value in the real world.
A number of businesses and organizations now accept payments in Ethereum (ETH), but that has not been enough to sustain the success of Ethereum (ETH) as ETH has struggled in the last 30 days, dropping 21% as ETH now trades at 74%. below your ATH.
Orbeon Protocol (ORBN) jumps 655% in pre-sale
The Orbeon Protocol platform is made so that investors can connect with new businesses in a secure and open way. Orbeon Protocol also has several features such as “Fill or Kill” that make trading safe and easy. The mechanism will return the money to investors if a project does not obtain the necessary financing.
The Orbeon Protocol pre-sale has been a great success. The price of ORBN tokens has risen 655% as phases one and two of the pre-sale have been completed and phase three has begun.
The Orbeon Protocol (ORBN) makes it possible for anyone to invest early in startups. Orbeon Protocol (ORBN) mints startups as equity-backed and fractional NFTs. It does this by acting as a decentralized investment platform. Everyone can buy these NFTs for as little as $1.
These NFTs make it possible for investors to enter the venture capital market. This change makes it easier to raise money outside of traditional ways, such as through venture capital (VC) and crowdsourcing.
The Orbeon Protocol is changing the venture capital and crowdfunding industries by making it easier for people to invest money in the most promising new businesses. Investors can buy ORBN tokens in the pre-sale, as many experts predict that their price will rise by as much as 6,000%.
For more information on the Orbeon Protocol (ORBN)
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
Instagram: https://www.instagram.com/orbeonprotocol/
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