Bitcoin (BTC) is the king of the crypto market and continues to dominate the market with its strong performance. In fact, Bitcoin (BTC) has a current market dominance of 42%, demonstrating the unwavering strength of Bitcoin (BTC) in the cryptocurrency market.
Unfortunately, 2022 was a difficult year for Bitcoin (BTC) and its price fell from a high of almost $69,000 to a low of $15,600. Recently, however, the Bitcoin (BTC) market has experienced a sharp reversal and its price now it is back above $22,000.
This surge in Bitcoin (BTC) prices has changed the cryptocurrency market and is driving the total market capitalization to over $1 trillion. If the Bitcoin (BTC) bull run is truly here to stay, the total crypto market capitalization could eventually reach $3 trillion, especially if Bitcoin (BTC) reaches the long-term target of $100,000.
Solana (SOL) is another major project in the crypto market that has been driving the rise in total market capitalization. Solana (SOL) is a high-performance blockchain protocol designed to scale to handle millions of transactions per second and offers low-cost transaction fees.
Solana (SOL) has experienced an incredible increase in prices over the past few weeks, with its price rising from $8 to a current price of $25. The parabolic rise of Solana (SOL) has made Solana (SOL) one of the strongest projects in the crypto market and is a major contributor to the total crypto market capitalization.
However, the $25 price point marks strong resistance and it remains to be seen if Solana (SOL) will be able to break it. This was the price of Solana (SOL) before the FTX scandal occurred in November 2022, so it would be interesting if investors can regain confidence in Solana (SOL) and increase its price further.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) has arrived to revolutionize the crowdfunding industry, which has been stagnant for more than a decade. Orbeon Protocol (ORBN) does this by tokenizing startup capital into NFTs that are sold to investors around the world.
For startups, the Orbeon Protocol (ORBN) offers an inexpensive way to raise funds and access the crypto community for support. For investors, the Orbeon Protocol (ORBN) provides access to early-stage investments that were previously out of reach.
Orbeon Protocol (ORBN) smart contracts tie everything together and make the investment process in startups more secure and efficient than ever before. For example, there is a ‘Fill or Kill’ mechanism that runs refunds automatically if startups don’t raise enough funds to meet their goals.
The ORBN token will be used as the native currency of the Orbeon Protocol (ORBN) platform, as well as to incentivize investors and startups to use the platform. In fact, owning ORBN grants first access to new opportunities, participation rewards, fee discounts and governance rights.
The good news is that ORBN tokens can be purchased at a reduced price during the final stages of the Orbeon Protocol (ORBN) pre-sale. This is an excellent opportunity to get in early on the next revolutionary crowdfunding platform.
Learn more about the Orbeon Protocol pre-sale
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