The crypto market is a rapidly-growing and volatile industry, with new tokens being launched every day. It can be difficult to know which tokens are worth investing in or which ones will outperform the competition. In this article, we will take a look at Orbeon Protocol (ORBN) – a new token that’s set to surge by over 6000% over presale and outperform rivals like Ripple (XRP) and Elrond (EGLD).
Ripple (XRP) drops post legal dispute
In September, the price of Ripple (XRP) surged, taking it to a new high of $0.55 within a 90-day period. Ripple (XRP) allows investors to make cheap international payments and microtransactions. Ripple Labs, the Ripple (XRP) project’s developer, has been in a legal dispute with the US Securities and Exchange Commission (SEC) for a long time.
Ripple’s (XRP) price increase occurred as a result of the impending ruling in the case. However, as the media attention surrounding the court case waned, Ripple (XRP) began to fall. As of November 26th, Ripple’s (XRP) price has dropped by 18% in a month and over 57% in a year. Ripple’s (XRP) current price is $0.41.
Elrond (EGLD) drops as market fluctuates
In what has been a rough start to the year for the crypto market, Elrond (EGLD) has not been spared either. The price of Elrond (EGLD) dropped below $200 in early April. Elrond (EGLD) dropped further, following the depegging of the UST stablecoin and the collapse of the associated LUNA cryptocurrency. In May, Elrond (EGLD) dropped below $100 for the first time, and it dropped to a further low of $72.46 in the same month.
Elrond (EGLD) went on to hit a new all-time low of $38.39 after news broke that the Celsius (CEL) crypto lending platform had suspended withdrawals, confirming the bear market. The crypto market has faced major struggles since then and Elrond (EGLD) has barely recovered. Last month, Elrond (EGLD) was trading at around $53.96. Elrond (EGLD) is currently trading at $43.73 and its future predictions aren’t very positive.
Orbeon Protocol (ORBN) will soon be among the top 10
Orbeon Protocol’s (ORBN) goal is to revolutionize the venture capital industry by connecting startup businesses and investors through the web3 space. By issuing fractionalized, equity-backed NFTs, ordinary investors can back fledgling businesses for as little as $1 with Orbeon Protocol (ORBN).
As Orbeon Protocol gains traction, ORBN’s value and significance will increase. Orbeon Protocol (ORBN) has attracted a large investor base and is breaking numerous records. ORBN, which has a current value of $0.014, is expected to increase by a massive 6000%. This would bring the token’s price to $0.24 by the time it launches.
Find Out More About The Orbeon Protocol Presale
Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.