The cryptocurrency world has been rocked again by the FTX scandal. For the second time this year, crypto is having to fight back against bad publicity, this time from the collapse of an exchange rather than an actual currency. As usual, this means that good projects need to shine and one of those projects is Orbeon Protocol (ORBN), a new investment platform currently in stage 3 of its presale after seeing 655% growth from $0.004 to $0.030. But will it be bigger than Dogecoin (DOGE) by the end of 2022 following news that Elon Musk seeks to integrate it with twitter?
Dogecoin (DOGE) to The Moon?
The price of the meme cryptocurrency Dogecoin (DOGE) increased after Tesla (and now, Twitter) CEO Elon Musk was reported to have tweeted “Dogecoin to the moon”. Nobody is sure if Musk is making a general prediction or whether he has any specific plans for Dogecoin.
Musk has long supported the cryptocurrency meme coin, and the DOGE community sometimes refers to him as the “Dogefather”. The billionaire recently disclosed that he owns a few Dogecoins and plans to continue supporting and purchasing the joke money. Dogecoin, in his opinion, “has potential as a money.”
Dogecoin is currently accepted by Tesla for select products. Musk added that SpaceX would follow suit shortly. The meme coin is also accepted by his Boring Company for some rides. Twitter, his most recent social media acquisition, has submitted paperwork to establish a payment business. Supporters of Dogecoin think that Musk intends to incorporate DOGE payments into Twitter. But none of this anticipation has translated into any commitments as of yet.
Orbeon Protocol (ORBN) Could be Heading For The Stars
The fundamental idea behind the Orbeon Protocol is to allow startups to create NFTs that represent equity in their company trying to raise money. These NFTs are then fractionalized and sold for as little as $1 each. This is a disruptive concept since it opens up the venture capital market to regular investors for the first time, making early-stage funding open to everyone instead of just affluent individuals.
The platform’s foundation is provided by the ORBN token, and ownership of it makes a variety of advantages possible. For instance, staking the token entitles owners to passive income. Holders of ORBN also get access to special platform features including cashback rewards, lower trading costs, and early access to some amazing startup funding rounds.
Orbeon Protocol is addressing security with “Fill or Kill” procedures incorporated into each financing smart contract they utilize. Security is a big worry for cryptocurrency investors. All investors are guaranteed their money back if funding goals for a specific round are not met. Additionally, the project’s liquidity pool is fixed for 10 years, and Solid Proof has successfully completed a thorough audit of the project.
By the end of its presale, Orbeon Protocol is expected to raise $10.5 million and gain from a predicted rise of 6000%. Even while this is unquestionably one of the most successful cryptocurrency pre-sales to date, the project is still only beginning to tap into its full potential.
Orbeon Protocol doesn’t have the high-profile, celebrity endorsements that Dogecoin enjoys but that does not detract from the fact that ORBN really has so much more to offer than just a “meme”. The presale price of ORBN is currently $0.030 and experts are predicting that it will rise to $0.24 by the time the presale closes. The market recognizes a good thing when it comes along.
Find Out More About The Orbeon Protocol Presale
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