Orbeon Protocol (ORBN) has been pulling numbers since its presale was announced. Thanks to its consistent appreciation and its tremendous price increase of 2203%, more crypto investors include the fast-growing token in their portfolios.
Monero (XMR) and Toncoin (TON) holders lead the pack of crypto investors who boost their investment portfolios with ORBN.
In this article, we’ll review ORBN and explain why TON and XMR holders are increasing interest in the token.
Toncoin (TON) Can’t Keep up
Toncoin (TON) was initially developed as a decentralized layer-one blockchain by the Telegram group.
Upon its abandonment, the TON Foundation renamed it “The Open Network” from “Telegram Open Network” to give it a new identity.
Since the takeover, the new team has been passionate about integrating “TON into an easy-to-use application that allows users to buy/send/store funds.”
The Toncoin (TON) team explained further that it provides users with transparent, fast, and secure payment services at minimal fees.
Although it has an impressive portfolio, Toncoin (TON) is another crypto project that’s currently feeling the weight of the industry dip, as evidenced by its almost 60% depreciation from $5.84 per TON coin on November 12, 2021, to $2.40 per TON coin while writing this review.
Monero (XMR) Crashes in the Bearish Market
Monero (XMR) is one of the most significant crypto projects. When it was launched in 2014 with the goal of ensuring the privacy and anonymity of crypto users, it became a household name in the cryptocurrency world.
Thanks to blockchains’ transparency, crypto payments can easily be traced to their sources, a source of concern in the cryptocurrency industry. Monero (XMR) was designed to fix this problem and assure users of absolute anonymity by adopting advanced cryptography.
The Monero team admitted to prioritizing security and privacy to keep users anonymous when using digital currencies.
Although Monero (XMR) became a big name in the crypto industry, it has failed to grow accordingly. Its current value of $151.07 per XMR coin represents over 70% depreciation compared with its all-time high of $517.62 per XMR coin on May 7, 2021.
Orbeon Protocol (ORBN) Grows Amidst the Bearish Market
Orbeon Protocol is a crowdfunding protocol taking the crypto industry by storm. It is the go-to platform for cash-strapped startups to generate funds or launch their businesses.
Orbeon Protocol users can enjoy several features, including Orbeon Swap and Orbeon wallet, for exchanging or safekeeping their digital assets.
Proposed additions to the protocol include the Private Investors Club, Orbeon Exchange, and Round Table. Others include Metaverse to give users a memorable virtual experience on the platform.
Orbeon Protocol is powered by its native utility token, ORBN. The token is currently at the presale stage but not for long. Prospective investors are invited to buy the token for $0.0923 per token before its launch.
Several benefits that await ORBN holders include governance rights to contribute to decisions about the project, staking opportunities to earn passive income, and a decent discount while shopping in the Orbeon marketplace.
ORBN’s potential for growth is a significant reason behind TON and XMR holders’ growing interest in adding the token to their portfolios.
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