Orbeon Protocol (ORBN) and Tron (TRX) perform extremely well in crypto bear market

On Nov 20, 2022

Cryptocurrency fans from all around the world watched in abject horror as the market crashed in front of their eyes during the second week of May. Terra’s valuation followed suit as Luna’s prices fell from over $80 at the beginning of the month to a mere fraction of a penny.

The market has been in bearish mood ever since and struggling to recover but some coins are coping better than others – such as Tron (TRX) and Orbeon Protocol (ORBN).

Tron (TRX) conquers Dominica

Tron, a decentralized, open-source operating system built on a blockchain and including smart contract capability, recently published its monthly report for October 2022. There, the TRX cryptocurrency’s creator highlighted some of the advancements that offered its devoted community many reasons to rejoice.

One of the events covered in the study was Tron becoming Dominica’s first national blockchain. As a result, various coins under its control, including BTT, TRX, USDD and TUSD have been accepted for use as alternative currencies in Dominica.

The news brought some cheer from the market which responded by jacking the TRX price up in October to $0.064. The price spike was assisted further by an influx of over 4m new users. This led to a major boost to the number of transactions – up to 186m by the end of October. Tron is looking like a decent long-term bet.

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Orbeon Protocol (ORBN) looks like a ‘keeper’

The Orbeon Protocol is a new entrant to the crypto world and its native token, ORBN, is currently available to acquire in a presale phase, which started at the end of October and is planned to run until late January 2023.

So, while Orbeon Protocol has never been directly affected by the whole Terra/Luna crash, it is, nonetheless, entering into a market which is still being rocked by the aftershocks. Luckily, Orbeon Protocol’s fresh approach to VC investment is set to fully insulate it from these negative effects, and enable its token to exceed average market performance.

The platform aims to connect everybody with innovative startup projects looking to raise funds. Orbeon Protocol mints NFTs to represent a company’s business opportunity, before fractionalizing it. These fractionalized NFTs can then be purchased by Orbeon Protocol’s users from as low as $1.

In doing so, Orbeon Protocol brings something entirely new to both the crypto and investment markets. They offer real-world utility that enables start-up companies and other businesses who are looking to onboard into the web3 world making Orbeon Protocol a very unique player in this market.

On top of this compelling business case, ORBN holders can also stake their tokens – earning a passive income from the project’s revenue. Users who hold ORBN also get priority access to funding rounds, staying one step ahead of the crowds. By next year, Orbeon Protocol will even be launching their own Wallet, to provide members with frictionless and low-cost crypto and fiat onboarding and trading.

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Summary

Market analysts are already predicting big things ahead for the Orbeon Protocol and the ORBN token so crypto enthusiasts and investors who are looking to get in on the ground floor should be taking action now during the presale phase. At the time of writing, the ORBN price is $0.009 and that price is forecast to rise to as much as $0.24 by the end of the presale. Don’t let this one slip away.