It is right to say that 2022 was the year driven by the demise of FTX. The fall of FTX has created a major crisis across the globe. The prices of all the cryptocurrencies declined.
That was not enough; the aftermaths of the fall of FTX have also forced many other crypto entities to go bankrupt.
But with the start of the new year, the trend has changed. Most recently, the native token of Binance, one of FTX’s biggest competitors, has seen a rise in its daily trading volume. The trade volume nearly doubled for BNB.
That was not the only outcome that surprised the crypto community. Even the bigger surprise emerged as Orbeon Protocol (ORBN) was able to gain the interest of investors, and its price hiked by 805% in 24 hours during the third round in its presale.
Experts, on the other side, believe that it is expected that ORBN’s presale might see an even bigger gain, up to 6000%.
Developing the Orbeon Protocol aims to take crowdfunding and venture capital initiatives to a whole new level. The decentralized platform will offer investments in upcoming projects.
Binance Coin Gaining Momentum as Expected
Binance is the biggest cryptocurrency exchange, and Binance Coin is among the world’s most renowned cryptocurrencies.
In various countries, the exchange is operating as the Bitcoin exchange. After the demise of FTX, the daily trade at Binance increased by 30%.
But due to the uncertain market conditions and fall of FTX, including BNB, all the other cryptocurrencies were struggling.
But the most recent indicators show that high buying pressure on the BNB has increased its daily trade volume.
BNB is also expected to show a strong bullish run for 2023. Experts are hopeful for short and long-term gains over the trade of Binance Coin.
That is why on New Year’s Eve, a relatively large number of traders added the BNB tokens to their digital portfolio.
Experts believe that now is the right time to invest in the coin before its price rise too high.
Orbeon Is the Future of Crypto Marketplace
This decentralized cryptocurrency project is aimed at changing venture capital and crowdfunding projects.
This project will offer the NFTs of various startups under the price range of $1. This is a Web 3.0-based investment project.
The developers of Orbeon have also developed the platform’s native crypto token called ORBN.
Currently, ORBN is in its presale round, and its price has already surged by 805% experts have also hinted that it can further hike by 6000%.
The project is so popular because it will make it a lot easier for upcoming projects to raise investment.
Orbeon will help upcoming projects to raise the initial capital from the public rather than going to other companies and giving them a percentage in equity.
The token is currently in its presale round and has experienced a price hike from $0.004 to $0.0362 per token.
The token which the developers are offering is locked for the entire year. It is important to mention the various benefits being provided by these tokens.
The token allows staking bonuses, provides the presale investors with governance opportunities of the platform, and many more.
As new just a few hours ago, the big news is already emerging in the market. BNB and Orbeon have further elevated the chances of other cryptocurrencies shining on new year’s evening.
Experts say that the price of ORBN will soon touch the $1 mark. This is the right time to invest in this currency in order to earn massive.
2023 can be the big year for Altcoins as their market trade volume is constantly rising. The majority of these altcoins are easily affordable.
Apart from BNB and ORBN, some strong emerging Altcoins have the huge potential of returning lucrative returns. However, the broader picture of the market will be cleared with the start of 2023.