There are winners and losers in all markets, and the cryptocurrency market is no exception. The 655% growth of Orbeon Protocol (ORBN) during phase 3 of the presale has been a surprise to many investors, while Enjin Coin (ENJ) and Ripple (XRP) also promise to be strong holds for 2023. But why are these tokens doing so well?
Orbeon Protocol (ORBN)
With Orbeon Protocol (ORBN), investors can access a suite of highly sought-after startup investment opportunities. These are made available from the revolutionary usage of fractionalized, equity-backed NFTs.
For startups, it means no more begging for investments from venture capitalists. Instead, they can simply access the Orbeon Protocol (ORBN) platform and build a portfolio of investors who are looking to back their projects.
Stocks are shares are nowhere to be found, as Orbeon Protocol (ORBN) uses these equity-backed NFTs to represent investment in the projects listed on its platform. This creates a more accessible market, allowing investors to buy in from as low as $1.
What’s more, Orbeon Protocol (ORBN) has its own token, which is used to increase participation and liquidity on the platform. Holders get first access to new deals, trading fee discounts, the right to vote on platform decisions, and more.
With its unique features, Orbeon Protocol (ORBN) is positioned to become the go-to crowdfunding platform for startups. And with a 6000% forecasted price gain in presale, ORBN is set to dominate the crypto market as well.
Enjin Coin (ENJ)
Enjin Coin (ENJ) is a decentralized gaming platform that allows gamers to create, trade, and monetize digital items. Enjin Coin (ENJ) has a strong community of developers and users around the world, who are using its blockchain technology for game development.
These days, Enjin Coin (ENJ) is focusing on the NFT space with its newly launched platform to create, distribute, and integrate NFTs. Here, users can send NFTs via QR codes, give utility to NFTs, and track their NFTs on the Enjin Coin blockchain.
While Enjin Coin (ENJ) saw some initial success when Samsung registered interest in the Enjin Coin platform, it has since lost some of its steam. At the time of writing, Enjin Coin is trading at $4.85 — a massive 94.31% down from the all-time high of November 2021.
Ripple (XRP)
Bitcoin (BTC) opened the door for peer-to-peer transactions, but the currency is slow and expensive. To meet these challenges, Ripple (XRP) was launched to provide quick and cheap payments to banks and other financial institutions that want to use its distributed ledger technology.
Ripple (XRP) got off to a flying start, climbing to $3.84 at the beginning of 2018. However, Ripple (XRP) has since fallen back down to its current trading value of around $0.36 — a substantial 90% decrease from its high point.
Recent weeks have been turbulent for Ripple (XRP) too, as the U.S. Security and Exchange Commission (SEC) has filed a lawsuit against Ripple Labs — alleging it violated securities laws by selling Ripple (XRP) without registering it as a security. Should Ripple see a victory in the lawsuit, it will likely register a massive price surge.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol