The bear market has influenced the lower market prices of Binance Coin (BNB) and Axie Infinity (AXS). While projects like Binance Coin and Axie Infinity may bounce back in the next bull run, it’s always shrewd to look to new players in the market.
One of the most anticipated launches in the coming weeks is Orbeon Protocol (ORBN). Orbeon Protocol is currently in phase two of its presale, and its value is expected to increase by nearly 6000% during the presale period.
Binance Coin (BNB) Admirably Weathers the Bear Market
One of the better performers in the bear market has been Binance Coin (BNB). The Binance Coin (BNB) price corrected 52% from it’s all-time high, which, in the context of the highly volatile cryptocurrency market, is only considered a modest fall.
In the last bull run, Binance Coin (BNB) took the spotlight with solid gains. Binance Coin was one of the best performers, rising from around $20 up to nearly $700 during a few short months. In light of the recent FTX controversy and the way in which Binance has established itself as a dominant force in the market, has led investors to be bullish for the future of Binance Coin (BNB). Some predictions place Binance Coin (BNB) around $500 by 2024. Only time will tell if Binance Coin (BNB) will live up to its potential.
Axie Infinity (AXS) Finds no Respite
The current market has been unrelenting to Axie Infinity (AXS). The Axie Infinity Shards (AXS) price has taken a clobbering since its peak in November 2021. Axie Infinity Shards (AXS) value is down an incredible 94% in the 12 months that followed the giddy heights of the last bull run.
As a play-to-earn game, Axie Infinity (AXS) enables investors and players to acquire tokens they may exchange for cryptocurrencies. Its in-game usage initially appealed to millions of gamers during its peak, but the popularity of Axie Infinity was more about the bull-run frenzy of the wider market than its features.
The current low price of AXS reflects its commensurate fall in popularity. Axie Infinity has a long road ahead if it’s going to hit a new all-time-high in the future.
Orbeon Protocol (ORBN) – the New Kid on the Blockchain
Orbeon Protocol (ORBN) caught the attention of people looking for an affordable way to invest in startups across the venture capital market. Orbeon Protocol allows everyday investors the opportunity to safely put their money into startup businesses via fractionalied, equity-backed NFTs.
To get off the ground, startups offer non-fungible tokens (NFTs) to investors for as low as $1. The fractionalization of investing opportunities Orbeon Protocol offers means that the venture capital industry is much more accessible to everybody, where low amounts of capital could get an astute investor started.
The Orbeon Protocol Ecosystem includes a decentralized wallet that allows users to buy, exchange, and hold cryptocurrencies. In addition, there is a cryptocurrency-swapping platform and an exchange available.
This ecosystem is powered by its native currency, ORBN, which gives holders access to stake their shares and earn passive income, and governance so they can vote on critical issues and projects, and discounts and access to special funding rounds.
Several unique security features stand out about the Orbeon offer. These security measures include team tokens that are locked for one year and then released quarterly, a liquidity pool that is locked for ten years to prevent rug pull, and Orbeon Protocol’s unique “fill or kill” mechanism, that refunds investors if the startup they backed doesn’t reach its initial funding goals.
The presale price for Orbeon (ORBN) is $0.004, and analysts predict an astounding 60x return on that initial price. This prediction makes sense, given the huge potential of Orbeon (ORBN). Its unique protocol and features appeal to startups and investors alike.
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