Even though TRON (TRX) and Avalanche (AVAX) have been making gains in the past week, analysts have taken notice of a project that could bring a more significant prospect in the future.
That project is Orbeon Protocol (ORBN), which is in stage 8 of its public presale and is advancing fast. Here we will find out what makes this presale so attractive and how it compares to these prominent coins.
TRON (TRX)
TRON (TRX) was developed as a blockchain platform for developing decentralized applications (dApps). Individuals quickly started utilizing TRON (TRX), which allowed their content to be monetized on the platform.
Recently, the Binance exchange has announced it will support the TRON (TRX) contract swap. This news has caused an increase in TRON (TRX) prices as it currently trades for $0.07211, which is a steady rise in the past 24 hours.
However, the trading volume for TRON (TRX) also increased in that same time as it stands at $343M. Furthermore, the relative strength index (RSI) for TRON (TRX) has been hovering around the 60 mark, which means that selling pressure may increase soon, and analysts are predicting a fall to $0.60 for TRON (TRX) soon.
Avalanche (AVAX)
Avalanche (AVAX) is seen as a competitor to Ethereum (ETH) as it is a blockchain that employs smart contracts to facilitate applications on its network. Users have mainly utilized the Avalanche (AVAX) coin to cover transaction fees and protect the blockchain.
Recently, Nansen disclosed that the transactional growth of Avalanche (AVAX) increased by 1500% in 2022. At the moment, Avalanche (AVAX) is worth $21.12 with a market cap of $6.6B, a rise overnight.
Avalanche (AVAX) bulls appear to have been exhausted as it lost its long-term upward trend and dropped below the $20 mark in the past month. Many analysts believe this bearish movement will continue as Avalanche (AVAX) has been going down on the weekly charts with an 8% drop in the last 14 days. Although Avalanche (AVAX) is currently showing upward movement, long-term gains could come from investing in ventures with more excellent expansion opportunities.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) will be a cutting-edge investment platform with multi-chain capabilities. The Orbeon Protocol (ORBN) team behind this project aims to disrupt the entire crowdfunding industry by developing the first-ever decentralized investment platform where everyday investors may purchase equity-based fractionalized NFTs.
Promising startups in need of financing may utilize the Orbeon Protocol (ORBN) platform to reach a new audience and enter the Web3 space. Not only that, every NFT will represent a financing round, meaning they will achieve their funding goals with the sale of these fractionalized tokens very fast through Orbeon Protocol (ORBN).
The ORBN token, currently in phase eight of its presale, has soared from its starting price of $0.004 and is now worth just $0.0766. And with analysts hinting Orbeon Protocol (ORBN) could become a blue-chip coin that could reach $0.24 sooner rather than later – buying Orbeon Protocol (ORBN) tokens now could result in excellent gains in the future. If you wish to obtain staking rewards or get involved in future funding rounds, sign up for the Orbeon Protocol (ORBN) presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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.
