Litecoin (LTC) is an established crypto player that has seen its value rise steadily over the years. Litecoin (LTC) is considered a reliable option for cryptocurrency investors due to its decentralized nature and high security features.
While Litecoin (LTC) is 12 years old and many people thought the coin had peaked, Litecoin (LTC) seems to be in the spotlight once again. In fact, Litecoin (LTC) is one of the best this week, up a respectable 11% gain.
Litecoin (LTC) is seeing this bullish trend due to the upcoming Litecoin (LTC) halving event in August. The halving event is a process that reduces the rate at which new Litecoins (LTC) are created, resulting in deflation and an increase in value over the long term.
Cardano (ADA) is younger than Litecoin (LTC) and has not yet been fully accepted in the mainstream crypto markets. Despite that, Cardano (ADA) has a loyal following that backs the project when the market starts to move.
The popularity of Cardano (ADA) can be attributed to its unique consensus mechanism called Ouroboros and its advanced smart contract capabilities. Cardano (ADA) also has a strong team of developers, headed by Charles Hoskinson, who are constantly improving and updating the Cardano (ADA) platform.
Cardano (ADA) is up 19% this week as investors return to the project due to its potential in the Defi space. With the market showing some signs of life, who knows how high Cardano (ADA) can go.
Orbeon Protocol (ORBN)
With the Orbeon Protocol (ORBN), everyday investors now have access to the most profitable investment opportunities previously only available to seasoned financial professionals. The crowdlending project achieves this with many key features.
Being blockchain-based, the Orbeon Protocol (ORBN) is based on the famous Ethereum (ETH) blockchain, giving users an unprecedented degree of security and confidence.
Further democratizing the platform, the Orbeon Protocol (ORBN) enables instant transaction execution through the use of smart contracts.
Orbeon Protocol (ORBN) investors do not need to purchase the entire asset to participate. Instead, they can buy fractional NFTs that represent ownership of the asset.
The utility token that powers the Orbeon Protocol (ORBN) ecosystem is ORBN. Holders of Orbeon Protocol (ORBN) tokens can receive rewards for helping to protect the network and are also eligible for discounted fees when transacting with the Orbeon Protocol (ORBN).
With all this, Orbeon Protocol (ORBN) is clearly changing the game by opening up investment opportunities to anyone, regardless of experience and financial resources. It comes as no surprise that ORBN is experiencing a bullish market trend during pre-sale as more people become aware of the platform and its various benefits.
Learn more about the Orbeon Protocol pre-sale
The opinions expressed on this page are those of the author and not of The Portugal News.