Do not miss it Vibe (XRP) as it recently hit a new milestone in Australia with its native token, XRP, recording the highest trading volumes on exchanges. Ripple’s XRP now takes the lead on Australian cryptocurrency exchanges, and the XRP community is gearing up for a final court ruling in the XRP v. SEC case. Also we have The Orbeon Protocol (ORBN) is up more than 1400% and analysts forecast it to rise another 300% in the next two weeks.
Demand for Ripple (XRP) May End Soon: Transactions Soar on Australian Crypto Exchanges
Financial Review, an Australian news outlet, tweeted yesterday that Ripple now dominates Australian cryptocurrency exchange volumes. The most likely reason for this strong XRP performance in Australia is due to the fact that Ripple’s cross-border remittance (ODL) payment is being adopted by more and more Australian customers, making use of the token’s high liquidity.
As you may already know, XRP serves as a bridge token between different fiat currencies such as the Australian dollar, the US dollar, and the Euro. Therefore, it allows consumers to make payments in local currency at the point of destination. Ripple’s XRP is reportedly good for 62% of the total BTC trading volume in the Australian market.
While XRP is definitely gaining ground in Australia, its issuing company Ripple Labs is still in a legal battle with the Securities and Exchange Commission over the token’s status as a security. Most likely, the long-awaited outcome of the lawsuit will have a major influence, not only on the Ripple (XRP) price, but also on the entire cryptocurrency space. Analysts expect the lawsuit to end in the first half of 2023, but since it has been postponed multiple times, it could also happen at a later date.
Ripple (XRP) is currently trading around $0.41, up 3.97% over the past seven days.
Orbeon Protocol (ORBN) Enters Final Pre-Sales Stage: Ready to Increase Another 300%
Orbeon Protocol (ORBN) is entering the fourth and final stage of its presale, and savvy cryptocurrency investors definitely do not want to miss this. Orbeon Protocol (ORBN) gained a lot of attention recently, managing to increase more than 1,400% during the first three stages of its pre-sale in a matter of weeks..
For those who don’t know what exactly the Orbeon Protocol (ORBN) is, their goal is to revolutionize the crowdfunding and venture capital industries through the use of fractional NFTs. If a company wants to raise funds from the public. Orbeon Protocol (ORBN) then issues fractional equity-backed NFTs, each representing an investment in the company.
Users of the Orbeon Protocol (ORBN) ecosystem can buy, sell, and stake these NFTs on the decentralized Orbeon Exchange. The Orbeon Protocol (ORBN) will not only unite real-world companies with the cryptocurrency community through NFTs technology, but it will also greatly reduce fundraising costs for the startups involved and allow them to be in direct contact with their backers.
Developer tokens and the project’s liquidity pool are locked by fully audited Smart Contracts by Solid Proof, so investors can be sure no carpet flipping will happen. Early investors benefit from governance and voting rights and priority access to upcoming funding rounds, among other perks, so if you’re looking to invest in a promising cryptocurrency project, the site may definitely be worth checking out. official website of the Orbeon Protocol.
Learn more about the Orbeon Protocol pre-sale