The recent crypto market rally has increased the optimism of many investors toward the sector as a whole. However, they are now pickier about their investment choices. They believe presales are the way to go, as many prominent coins like Polygon (MATIC) and FTX Token (FTT) have fallen short of expectations. But, some analysts believe the Orbeon Protocol (ORBN), currently in stage 7 of its presale, could be the future.
Polygon (MATIC)
The scaling solution Polygon (MATIC) has displayed incredible resiliency and increased in price by more than 37% since the start of the market rise in January. The expansion and evolution of the Polygon (MATIC) network expansion and evolution are two elements supporting its longevity.
However, Polygon (MATIC) has been on a downward trend this past week, with its price going down by 1%, currently trading for $1.18. The Polygon (MATIC) trading volume has also diminished by 38% during the last day, which could be a bad omen for the future price of the coin.
The zkEVM scaling solution launch could trigger a price reversal for Polygon (MATIC), but that is still in the future. Sentiment around Polygon (MATIC) is bearish as investors are sidestepping it to focus on other projects with more profit potential.
FTX Token (FTT)
FTX Token (FTT) was launched as a token that individuals could use to trade on the FTX exchange at a lower cost. But, since the FTX exchange collapse, FTX Token (FTT) has gone downhill. FTX Token (FTT) has dropped nearly 98% from its peak of $84.18 and is now trading at $1.58.
Unlike Polygon (MATIC), FTX Token (FTT) has seen a slight jump of 1% during the past 24 hours. This could be a reaction after the recent Huobi listing of the FTX User Debt (FUD) token.
However, when we look at the weekly charts of FTX Token (FTT), we see a significant 21% price fall. If the FTX exchange were to restart, FTX Token (FTT) could rise again. But, analysts are not so optimistic as they predict FTX Token (FTT) will sink below $1 by the end of 2023.
Orbeon Protocol (ORBN)
To assist new businesses in raising money from investors, several crowdfunding platforms throughout the world are concentrating on growing their influence. And Orbeon Protocol (ORBN) will put a unique spin on its crowdfunding method, which could disrupt the entire industry. Orbeon Protocol (ORBN) will create the first-ever decentralized investment platform, allowing investors to buy fractionalized NFTs representing actual equity into up-and-coming businesses.
Through the Orbeon Protocol (ORBN) platform, startups and businesses in need of funding can enter the Web3 space, reach their funding goals quickly and grow their communities in the same process. Smart contracts will help Orbeon Protocol (ORBN) investors with their unique “Fill or Kill” mechanism, which will refund every individual if a project fails to meet its funding goal.
ORBN will fuel the massive ecosystem of Orbeon Protocol (ORBN), including its Swap, Wallet and Metaverse presence. With the growth potential, analysts are predicting a $0.24 price point by the Orbeon Protocol (ORBN) presales end, and since $0.071 is its current price – buying it now could bring you a huge return on investment. This Orbeon Protocol (ORBN) presale has only been advancing, and we are excited to see how it will transform into 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/