The downfall of Sam Bankman-Fried’s empire did shake up the crypto market. However, his arrest and the following incitement of the FTX CEO brought some calm to the market. In fact, Bitcoin (BTC) has posted some gains after the FTX fiasco.
Elsewhere, Orbeon Protocol (ORBN) has seen a massive gain during phase 3 of its presale. Cryptocurrency analysts have even predicted that by the end of the presale, ORBN price will rise from the initial 0.004 to 0.24 – making a huge increase of 6000%.
Let’s look at how the four coins, Bitcoin, Ethereum, Magic and ORBN, are expected to perform in the coming year.
Bitcoin (BTC) Prediction
The year 2022 wasn’t quite kind to Bitcoin. The price consolidation for Bitcoin from the beginning of the year ranged between $18,000 and $25,000.
Keep in mind that Bitcoin is regarded as the king of cryptocurrencies, but emerging coins such as Orbeon have shown better performance in 2022.
Bitcoin has posted some gains moving past the hard resistance of $19,000 in the last weeks. According to historical charts, Bitcoin is poised to get to another price correction, and Bitcoin may even make more gains in 2023 when the crypto market is expected to recover.
Ethereum (ETH) Boosted by the Recent Upgrade
Just a month after the merge, Ethereum is already getting ready for another network upgrade. The hugely popular Ethereum network has launched preparations for a Shanghai upgrade in the 3rd quarter of 2023.
Investors are keen to see what the upgrade will mean for Ethereum and the blockchain industry.
Keep in mind that after the Merge, Ethereum showed a price rally, which means that the network could continue to gain even more in 2023.
Magic (MAGIC) Posting Gains Too
Magic (MAGIC) has also soared by a good margin in the last few days toward the end of 2022. Experts predict that MAGIC could continue its bullish trend based on the RSI. It can potentially increase by 127% next year, making it an attractive opportunity for 2023.
MAGIC is the native token of the Treasure Metaverse, a fully decentralized platform for building and managing metaverse projects. MAGIC is used for trading in the Treasure marketplace and managing the platform’s activities.
Orbeon Protocol Seeing a Huge Price Increase
The price of Orbeon Protocol (ORBN) is expected to rise tremendously by the end of its current presale. Orbeon Protocol works as a decentralized platform that is shaking the crowdfunding and venture capital industry in ways that have never been seen before. The protocol seeks to solve problems most small-time investors and startups encounter.
Orbeon Protocol makes fundraising easier for startups by allowing retail investors to invest in companies for as little as $1 using fractionalized NFTs representing the company’s equity.
For investor security, the NFTs come with a Fill or Kill feature that ensures invested capital is refunded if the business venture fails to meet its funding objective within a given deadline.
The practical utility of the Orbeon Protocol attracted a huge following during the presale. The coin has risen by a whopping 805% in the past few weeks since the presale began. Most are optimistic about the Orbeon protocol (ORBN) posting even more gains as demand increases.
Find Out More About The Orbeon Protocol Presale
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.