A recent analysis by Forbes found that Binance (BNB) is losing assets faster than first thought. In the last 60 days over $12 billion in assets have gone missing. Given the recent scandals, many users have moved their assets from Binance (BNB). Meanwhile Algorand (ALGO) and Orbeon Protocol (ORBN) remain strong, with Orbeon Protocol (ORBN) hitting a new high of $0.1125 in stage 12 of its presale.
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Binance Coin (BNB) Trading Volume Down After Finance Misplacement
As the largest cryptocurrency exchange in the world, Binance (BNB) is expected to be a strong investment during a turbulent market. However, Binance (BNB) has recently lost over $60 million in assets over the past two months following the collapse of FTX. Recent reviews found that the Binance (BNB) CEO, Changpeng Zhao, had been downplaying the loss, stating that the situation had stabilized.
This news has slowed the growth of Binance Coin (BNB), which has decreased in price by 1.47% in the past five days. One Binance Coin (BNB) is currently worth $328.98, and trading volume is down by 11.27% in the last 24 hours. With many investors struggling to find confidence in exchanges, Binance (BNB) will need to offer a sense of security to investors to ensure Binance Coin (BNB) retains its value.
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Coinbase Stops Algorand (ALGO) Staking Rewards
Algorand (ALGO) was one of the most popular staking options on Coinbase, offering good returns to investors staking their Algorand (ALGO) tokens. According to reports, this was due to stricter regulations, though it has had a negative impact on Algorand (ALGO.) Trading volume is down by 30% and the price of Algorand (ALGO) is down by 11.71% in the past five days.
This news comes following weeks of price increases, in which many investors believed that Algorand (ALGO) would increase in price. Nonetheless, Algorand (ALGO) price predictions for April remain strong, with predictions going as high as $0.25.
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Orbeon Protocol (ORBN) Breaks The $0.1 Barrier
Orbeon Protocol (ORBN) hit a new all time high of $0.1125 over the weekend. This marks an ROI of 2713% for early investors, making Orbeon Protocol (ORBN) one of the highest return projects in the market.
After beating market trends for five consecutive months, investors now eagerly await the release of the Orbeon Protocol (ORBN) launchpad, which many believe will revolutionize the crowdfunding market.
Using the Orbeon Protocol (ORBN) launchpad, everyday investors can buy equity in real world startups, supporting top upcoming brands before they go mainstream. This lets investors profit from early growth stages while businesses raise the funds they need for development.
Security features are in place throughout Orbeon Protocol (ORBN) to keep investors safe and prevent rug pulls. In addition Orbeon Protocol (ORBN) tokens have locked liquidity for a decade.
Analysts predict that Orbeon Protocol (ORBN) will hit $0.24 before its presale ends, which means there’s still plenty of time for investors to optimize their portfolios if they get involved now.
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Website: https://orbeonprotocol.com/