The world of cryptocurrencies is full of challenges. Therefore, not all projects taste the same level of success. Two crypto projects — Aptos (APT) and Axie Infinity (AXS) — still seem to be trapped in a bearish phase, although the overall market has seen a small revival. On the other hand, a new entrant, the Orbeon Protocol (ORBN), has recently launched its tokens’ pre-sale, which is heading towards a massive success with 60x forecasted growth.
Aptos (APT) Goes Through Bearish Phase
Aptos (APT) has faced harsh market winds resulting in a continuous fall in value. The price of Aptos (APT) has fallen by around 18% in the last month. Aptos’ (APT) performance has dipped around 9% in the last week. As a result, the current trading price of Aptos (APT) is hovering around $7.42.
Aptos (APT) is a Layer-1 blockchain that challenges long-standing networks like Solana (SOL) and Ethereum (ETH). Aptos (APT) uses the Move programming language and promises to offer scalability, reliability, security, and usability. Aptos’ (APT) mainnet “Aptos Autumn” was launched on October 17, 2022. A parallel execution engine and low transaction costs are considered the key features of Aptos (APT).
Orbeon Protocol (ORBN) Explodes For 6000% Growth
Everyday scores of new crypto projects are entering the field with a plan to expand. To expand the business, projects need to raise funds. However, crowdfunding and venture capital are yet to be mainstreamed in the crypto world. The Orbeon Protocol (ORBN) was launched to address this real-world problem with a unique business plan and promising growth prospects. It is a blockchain-based crowdfunding platform that mints NFTs for startup companies to help them raise funds. The Orbeon Protocol (ORBN) also allows crypto enthusiasts worldwide to become an investor in a real-world company from as little as $1. The Orbeon Protocol (ORBN) empowers start-ups to raise funds by offering equity-based NFTs by providing companies with NFTs-as-service (NFTaas), a faster and low-cost method to raise funds.
The Orbeon Protocol (ORBN) gives equal importance to users. Not only does it allow them to invest in a real-world company for as low as $1, but the Orbeon Protocol (ORBN) also protects them from scams. The platform has incorporated a “Fill or Kill” mechanism in the smart contract, which has been audited by Solid Proof and can not be changed or cheated. The “Fill or Kill” mechanism protects Orbean users by ensuring that investors get their money back if companies fail to raise the required amount.
ORBN tokens will be used to complete transactions on the platform as well as give voting rights to holders on the key decisions of the Orbeon Protocol. The project was launched to solve real-world problems, which has increased the value of the Orbeon Protocol (ORBN). Market analysts have predicted that while the initial price of ORBN tokens is $0.004, the token is bound to rise by 6000% and trade at $0.24 during the pre-sale phase.
Axie Infinity (AXS) Lacks Sustainability
The market has become quite bearish for Axie Infinity (AXS). Investors in the Axie Infinity (AXS) project are worried due to extreme volatility in the performance of the cryptocurrency. Although the price of Axie Infinity (AXS) rose by around 4% last week, its price on the monthly chart has sharply declined by about 27%, owing to significant falls in previous weeks.
Axie Infinity (AXS) is a game-based metaverse project allowing players to collect digital pets, go to battle with them, and earn. These digital pets, called Axies, are NFTs in the Axie Infinity (AXS) ecosystem. Axie Infinity (AXS) users can also breed these Axies to yield additional NFTs. Moreover, the current market condition is not conducive to game-based metaverses, making investors worry about Axie Infinity’s future.
For more information on Orbeon Protocol (ORBN):
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