The post Buy In Bear Market: Tron (TRX), Ripple (XRP) and Orbeon Protocol (ORBN) appeared first on Coinpedia Fintech News
Many investors fear the words “bear market.” Upswings and downswings are part of a natural market, though; downturns can’t be avoided and are often short-lived. Bear markets can even offer some fantastic opportunities to invest. Here, we will look at some of those opportunities surrounding Tron (TRX), Ripple (XRP), and Orbeon Protocol (ORBN), which analysts are forecasting will experience a 6000% rise in price during phase one of its presale.
Tackling Tron (TRX)
Tron is a decentralised blockchain-based digital platform with its own cryptocurrency, TRX. Initially marketed primarily in Asia, Tron’s cryptocurrency has now gone global. Using blockchain and peer-to-peer network technology, Tron cuts out the middleman and allows content creators to sell directly to consumers.
Investing in Tron can be profitable in a bear market; however, many investors are dubious regarding Tron as it is mostly used across financial institutions.As such, Tron is facing much scrutiny around investments.
As a result of this potential market turmoil, it may be better-advised to make long-term investments in Tron (TRX) during the bear market, which may benefit from a new wave of users when the market improves.
Reaping Rewards with Ripple (XRP)
The bear market began at the end of 2021, and the prices of cryptocurrencies – including Ripple – fell as a result. Ripple (XRP) recently partnered with Ethereal Labs to add more features to its platform and make it a more attractive offer for investors.
Buying into Ripple now – while it is on the low side – might be a great opportunity for people to invest in this platform that focuses on digital art and collectibles. However, Ripple (XRP) has faced trouble with big regulatory entities in the US.
Ripple is currently locked in a legal battle with the SEC regarding whether or not the Ripple is a security – a massive deciding factor in how the currency is regulated. Things look strong for Ripple’s case, where a victory could spell strong success for the currency.
Orbital Profits with Orbeon Protocol (ORBN)
So, why is Orbeon Protocol (ORBN) different, and why is the price continuing to rise, even in the bear market?
Orbeon Protocol aims to connect potential investors, crowdfunders, and startups. Orbeon Protocol offers NFTs-as-a-service to startups, allowing them to raise capital rapidly using this novel investment vehicle. Using this, startups are minted as fractionalized, equity-backed NFTs. This, in turn, allows investors to back exciting new projects for as little as $1.
Orbeon Protocol has safety features built in, that help make investing with Orbeon Protocol more secure. With Orbeon Protocol’s unique “fill or kill” mechanism, investors get their investment returned if a company they invested in does not meet its funding goals within a certain timeframe. They also have a smart contract fully audited by Solid Proof, and liquidity pools blocked for 10 years, which helps avoid shorting and rug pulling.
The ORBN token, which is the currency that the platform is founded on, offers some amazing features for investors, including the ability to stake shares to earn a passive income, voting rights on upcoming projects, and even discounts on trading fees and cashback rewards.
Aside from those features, Orbeon Protocol offers investors incentives such as the private VIP Winners Circle. Here, investors get exclusive access to private funding rounds, as well as other perks.
Orbeon Protocol is set to become one of the leading new projects. Analysts predict that by the end of presale, ORBN will rise from $0.004 to $0.24.
Find Out More About The Orbeon Protocol Presale
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