Monero (XMR) and HEX (HEX) Prices Show Little Movement, Orbeon Protocol (ORBN) Presale Sees The Sale Of 300+ Million TokensOrbeon Protocol (ORBN) is nearing the competition of its presale, with more than 300 million tokens sold. While ORBN is seeing tremendous success, other cryptocurrencies like Monero (XMR) and HEX (HEX) are showing little movement.
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Monero (XMR)
Monero (XMR) is a privacy-conscious cryptocurrency, offering users absolute anonymity and discretion during every transaction. Monero (XMR) achieves this through its unique stealth addresses and RingCT technology, obfuscating all transaction data on the blockchain.
The Monero (XMR) ring signatures work by mixing a user’s transaction with other randomly selected transactions, meaning no one can determine which user is the sender or receiver. This makes it impossible to trace the transaction back to any specific person or group when Monero (XMR) is used.
Despite the impressive security features of Monero (XMR), it has seen little movement lately. In fact, the price of Monero (XMR) ‘only’ gained around 1000% during the 2021 bull run. While this sounds like a good return for Monero (XMR) holders, other cryptocurrencies experienced meteoric growth during the same period.
This drop in demand for Monero (XMR) has been attributed to its lack of mainstream adoption. Despite the impressive technology behind it, businesses and exchanges are still reluctant to adopt Monero (XMR).
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HEX (HEX)
Richard Heart launched HEX (HEX) in 2019, giving users the opportunity to gain high returns on their investments and maximize their financial earnings. By simply locking up their funds for a specific duration, HEX (HEX) users will be rewarded with an abundance of HEX tokens as interest.
According to the official HEX (HEX) website, HEX (HEX) users can gain an average return of 38% yearly. This is a massive return compared to traditional savings accounts, which offer less than 0.3% returns on average.
Despite the impressive gains HEX (HEX) offers, HEX (HEX) has seen little movement lately. This has been attributed to its lack of mainstream adoption and usage. While there are a few exchanges that list HEX (HEX), the crypto community is hesitant to invest in it due to a lack of knowledge and trust in the project.
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Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a crowdfunding platform that is leveling the playing field and giving everyday investors a seat at the VC table. The key USP of Orbeon Protocol (ORBN) lies in the fractionalized NFTs used to represent ownership of top-tier venture capital investments.
This fractionalization of equity on Orbeon Protocol (ORBN) allows anyone, regardless of their net worth or experience, to access top-tier venture capital investments. For startups, Orbeon Protocol (ORBN) means that they can access wider, more diverse pools of capital.
Orbeon Protocol (ORBN) also uses smart contracts to automate the entire process, from the onboarding of new capital to the payment of dividends or gains. For example, the ‘Fill or Kill’ mechanism will automatically refund investors if the preset amount of funds is not raised within a certain timeframe.
ORBN is the utility token used to exchange value within the Orbeon Protocol (ORBN) platform. Holding ORBN also comes with a number of perks, such as staking rewards, access to new investment opportunities and a say in how Orbeon Protocol (ORBN) is run.
The presale for Orbeon Protocol (ORBN) is close to reaching its capacity, so this could be the last chance to grab ORBN tokens for a discounted price. Next up on the roadmap is the official platform launch and exchange listings for ORBN, so the demand for ORBN should continue to rise.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/