After hitting a yearly low, the cryptocurrency market is showing signs of recovery, making now a great time to add highly profitable cryptocurrencies to your investment portfolio. Analysts and traders alike are anticipating a market surge in the near future. For some investors, Ethereum (ETH) and Cardano (ADA) are safe havens, but the market as a whole is keeping an eye on the Orbeon Protocol (ORBN) presale, where ORBN is expected to increase in value by more than 600%.
Orbeon Protocol (ORBN)
If you’re looking for a decentralized crowdfunding platform that’s built to shake up the venture capital and fundraising world, look no further than Orbeon Protocol. Non-fungible tokens, which are used on the platform, are immutable and secure.
NFT-as-a-service (NFTaas) on the platform is used to make equity-based NFTs, which individuals and retail investors can easily buy to invest in startups trying to raise money. To put it another way, this facilitates communication between startups and potential investors. Also, you now have access to investment options that were once only available to venture capitalists and other high-profile people. While the minimum investment for these NFTs is only $1, users can start trading immediately.
In addition, the system has safeguards in place to prevent scams and other forms of user exploitation. If the funding goal isn’t met by the deadline, investors will get their money back automatically thanks to the Fill or Kill mechanism.
The ORBN token is the native currency of the Orbeon Protocol and it is used to stake and vote on network decisions. You can freely invest in the early stages of vetted startups, earn discounts and cashback by purchasing and holding Orbeon Protocol (ORBN), and more.
The token’s multiple applications have led experts to forecast a 600% rise in value. The presale price of ORBN is currently $0.014, and it is moving quickly.
Ethereum (ETH)
Vitalik Buterin made Ethereum, which has helped the growth of blockchain applications and decentralization in general. Applications, smart contracts, and DeFi hardware are all made possible by developers and contributors using the blockchain protocol. Not only can it be used as a form of value storage, but its open-source language can also be used to create new blockchain networks and protocols.
The native token of the Ethereum blockchain, Ether (ETH), performs a number of useful operations, but why should an investor care about it in 2023? Ethereum acts as a transaction platform and is used to recoup network transaction costs. Ether’s value increased when Ethereum switched to the proof-of-stake consensus algorithm, as network validators now need to stake 32 ETH to receive their share of the block reward.
In the meantime, the price of one coin has dropped to $1,270, a decrease of roughly 70% from its all-time high of $4,000 reached in 2022. Technical analysis predicts that by 2023, the price of Ether will have risen to over $4,800. Consequently, you should invest in Ethereum (ETH) now while its price is low to maximize your return.
Cardano (ADA)
Among the best cryptocurrencies to keep an eye on in 2023 is Cardano. After Ethereum, Cardano is seen as the largest proof-of-stake blockchain network for smart contracts. Since its debut in 2017, it has proven to be valuable to developers, traders, and investors.
The Cardano native coin, ADA, has maintained a positive gain and a respectable market capitalization of $12.4 billion despite the unfavorable market conditions and crashes that have plagued the cryptocurrency market. Cardano (ADA) is also a leading cryptocurrency in terms of market capitalization. Thankfully, the widespread pessimism in the cryptocurrency market has resulted in a dramatic discount.
From its record high of $3.1, Cardano’s (ADA) price has fallen 88% to its present level of $0.336. As the company adds more products and services, the price of Cardano is likely to go above its previous record high.
Conclusion
In contrast to newer projects, existing ones like Ethereum and Cardano have a solid record of price increases. At the same time, the current presale stage of the Orbeon Protocol has been predicted to yield returns of at least 60X. Investors are rushing to buy these tokens before 2023, hoping to reap long-term gains.
Disclaimer: This isn’t financial advice; it’s just for education. Crypted Crypto can’t guarantee its accuracy. Every investment and trade carries some risk, so always do your own research. Invest only what you can afford to lose.
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