The Cryptocurrency space, as resilient as ever, continues to promise financial inclusion and decentralization of finance in recent times despite the downtrend being experienced. The industry has shown positive changes and upsets with new project introductions. The unique nature of the cryptocurrency space creates room for regular disruptions here and there. Polkadot and Avalanche are the ones whose positions seem threatened by the listing of the Orbeon Protocol on Uniswap.
Polkadot (DOT) is the foundation for Web3
Polkadot (DOT) was created to offer a groundwork aimed at the decentralized internet of blockchains which is today known as Web3. It offers a foundation that supports a decentralized web run by its users, thereby simplifying the creation of new services, institutions and applications.
Polkadot (DOT) is a shared multichain network, which implies it can process several transactions on many chains in parallel (The parachain phenomenon). This unique ability to process many transactions in parallel increases scalability.
The native token of Polkadot is known as the DOT, has experienced a 1.19% over the past 24 hours at a price of $6.52. It is ranked eleventh on Coinmarketcap and has a 24 hr trading volume of $206,640,788. DOT’s circulating supply is 1,173,201,116 DOT coins and has a live market capitalization of $7,667,419,275. Its market dominance stands at 0.64%. Polkadot’s uniqueness and performance data hold huge promise for investors.
Avalanche (AVAX) rivals Ethereum as the most popular Smart Contracts
The Avalanche (AVAX) is a layer 1 blockchain that acts as a platform for custom blockchain networks and decentralized applications. It is a major competitor to Ethereum seeking to dislodge Ethereum as the most widely used blockchain for smart contracts. Avalanche (AVAX) aims to use its unique architecture to unseat Ethereum by supporting more transaction output of as much as 6,500 transactions for every second without conceding scalability.
Its unique architecture comprises the C-chain, X-chain and P-chain. Every chain has a different purpose- a radical departure from Bitcoin and Ethereum approach which is getting all nodes to validate every transaction.
The Avalanche’s primary coin (token) is known as the AVAX which has a market price of $18.16, currently with a 24-hour trading volume of $195,721,416. In the past 24 hours, Avalanche (AVAX) has increased by 5.98%. It is rated as number 16 on Coinmarketcap with a market cap of $5,944,155,671 and a circulating supply of 326,000,170 AVAX coins.
Orbeon Protocol (ORBN)’s Listing on Uniswap will change the status Quo
Orbeon Protocol (ORBN), recently launched, is among the first cryptocurrency crowd-funding platforms which enable users to partly invest in a few of the most exciting and promising businesses at their early stages. Orbeon Protocol will enable start-ups to raise financial resources and involve their community by providing reward and equity-based NFTs. Every investment opportunity shall be minted into a Non-fungible Token (NFT) and fractionalized, supporting any investor to back and invest in products or brands they believe in, beginning from at least one dollar.
With its listing on Uniswap, Orbeon Protocol (ORBN) is up by a whopping 45.33% with a current price of $0.194189 and a 24-hr trading volume of $ 54,301.65. Orbeon Protocol’s primary token is the ORBN coin, with a maximum supply of 888,000,000 ORBN coins and presently ranked No. 4030 on Coinmarketcap. Its current market cap stands at $117,259,303. From the stats and uniqueness of the project, Orbeon Protocol (ORBN) is set to unseat other decentralized projects, such as Polkadot and Avalanche after its listing on Uniswap.
Find Out More About The Orbeon Protocol
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Uniswap: https://app.uniswap.org/#/swap
Twitter: https://twitter.com/OrbeonProtocol