Two of the tokens badly hit by the bearish market are Neo (NEO) and Avalanche (AVAX). These crypto projects struggle to free themselves from the market while investors show growing confidence in Orbeon Protocol (ORBN) with its recent price increase to $0.0835 in phase 9 of its presale.
In this article, you will find out how Orbeon Protocol (ORBN), Neo (NEO) and Avalanche (AVAX) are performing in the market if you consider adding any of them to your investment portfolio.
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Avalanche (AVAX) Struggles to Survive the Bearish Market
Avalanche (AVAX) is a layer-one blockchain for custom blockchain networks and decentralized applications. One of Ethereum’s (ETH) main rivals, Avalanche (AVAX), positions itself as smart contracts’ most popular blockchain. Avalanche (AVAX) offers a faster transaction speed of up to 6,5000 transactions per second and impressive scalability to overthrow Ethereum (ETH).
After launching its mainnet in 2020, Avalanche (AVAX) prioritized developing its ecosystem for decentralized finance (DeFi) and decentralized applications (dApps). Several projects, such as TrueUSD and SushiSwap, have been integrated into Avalanche (AVAX) to take advantage of its numerous features.
Although Avalanche (AVAX) is a promising crypto project, it has failed to justify its investors’ confidence.
Currently valued at $17.66, AVAX, the Avalanche (AVAX) token, has appreciated over the last 24 hours as it struggles to mitigate the impact of the bearish market.
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Neo (NEO) Tries a Breakout
Neo (NEO) considers itself a “rapidly growing and developing” ecosystem. The Neo (NEO) team aims to make it the foundation for the future Internet generation, where digitized identities, payments and assets are brought together.
Besides creating a community of developers interested in creating new infrastructure for the Neo (NEO) network, the Neo (NEO) team also encourages developers to build smart contracts and decentralized applications on its blockchain via its EcoBoost initiative.
One of the Neo (NEO) native tokens is NEO. The multipurpose token is used as an investment token that empowers Neo (NEO) users to participate in votes on issues that may improve the blockchain.
NEO is the Neo (NEO) network’s native token that supports different activities on the platform. Neo (NEO) is currently valued at $12.56 per coin, as it appreciated a little over the last 24 hours.
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Confidence in Orbeon Protocol (ORBN) Grows
Unlike Neo (NEO) and Avalanche (AVAX), which are struggling to beat the bearish market and give investors value for their money, Orbeon Protocol (ORBN) is one of the few crypto projects that have consistently appreciated, the bearish market notwithstanding.
Orbeon Protocol (ORBN) is a leading cryptocurrency crowdfunding platform that supports fractional investment in some early-stage businesses. Orbeon Protocol (ORBN) helps startups to raise funds for their projects while engaging with their community through equity-based NFTs and rewards through Orbeon Exchange.
Orbeon Protocol (ORBN) users can leverage its next-gen crowdfunding marketplace to launch their businesses. They can also swap their digital assets via Orbeon Swap, while Orbeon Wallet is designed to safeguard their NFTs and cryptos. Plans are underway to “explore, integrate, and partner with several Web3 virtual worlds and metaverses.”
The Orbeon Protocol (ORBN) token is currently at its ninth presale stage for $0.0835 per coin and the presale is scheduled to run until March 31st 2023. The token will go live on April 4th 2023. Orbeon Protocol (ORBN) holders can enjoy governance rights, staking opportunities to earn passively and discounts on the Orbeon marketplace.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/