Why Hedera (HBAR) And Ripple (XRP) Investors Are Selling To Buy Orbeon Protocol (ORBN)
It's no secret that the cryptocurrency market is in a state of flux. Major cryptocurrencies, like Hedera (HBAR) And Ripple (XRP) have seen their values drop in recent months. But Orbeon Protocol (ORBN) has bucked the trend. The ORBN token is selling out stage 1 of its presale, and investors are selling their other holdings to buy into this new project.
Hedera
(HBAR)
Hedera
(HBAR)
is
a
public
blockchain
that
uses
hashgraph
consensus
to
provide
a
new
level
of
speed,
security,
and
eco-friendly
decentralization
for
distributed
applications.
HBAR
is
the
native
cryptocurrency
of
the
Hedera
network
and
is
used
to
power
transactions
on
the
Hedera
ledger,
as
well
as
for
staking.
Making a transaction on Hedera takes an average of under five seconds and costs just $0.0001. This level of speed and efficiency has attracted the attention of major corporations, like EDF, Google, and Boeing, who are all building on Hedera.
However, despite its strong use case, Hedera has seen its value drop by over 90% since its all-time high of $0.57 in September 2021. This is likely due to a combination of the general bearishness of the cryptocurrency market and concerns about the Hedera network's centralization.
Ripple
(XRP)
Founded
in
2012,
Ripple
(XRP)
was
created
as
a
faster,
cheaper,
and
eco-friendly
alternative
to
Bitcoin
(BTC).
It
accomplishes
this
by
using
a
unique
consensus
algorithm,
which
allows
it
to
confirm
transactions
in
just
four
seconds.
Ripple (XRP) has seen some success, with a number of major financial institutions, like American Express and Santander, using its network. However, Ripple (XRP) has also been embroiled in controversy, with the U.S. Securities and Exchange Commission (SEC) suing Ripple for allegedly selling unregistered securities.
The uncertainty around the SEC's case has caused Ripple's price to drop by over 80% since its all-time high of $3.84 in January 2021. As such, many Ripple investors are selling their holdings in search of greener pastures, however many investors are keen to see the outcome of the lawsuit, as a victory over the SEC could see Ripple (XRP) skyrocket.
Orbeon
Protocol
(ORBN)
Orbeon
Protocol
(ORBN)
is
shaking
up
the
venture
capital
industry
by
connecting
everyday
investors
with
trailblazing
startups
through
a
blockchain-based
investment
platform.
Here,
a
startup
mints
its
equity
as
fractionalized
NFTs
and
sells
them
to
ORBN
investors
for
as
low
as
$1.
Startups approach Orbeon Protocol (ORBN) to raise capital quicker and more efficiently than is possible in the traditional venture capital and crowdfunding markets due to the regulatory red tape that has historically slowed the process down.
As you can see, this is a game-changer when it comes to gaining funding. Now, everyday people can get in on the action by buying NFTs that represent a fraction of ownership in a company.
If a project doesn't reach its defined goals, the funds are automatically issued back to the investors via smart contracts. To ensure accuracy, smart contracts are regularly audited by Solid Proof.
The native ORBN token is used across the ecosystem, and provides holders with numerous benefits ranging from access to exclusive investor groups, staking bonuses, and transaction fee discounts when trading with ORBN.
With unrivaled use cases, a sound business model, and exciting partnerships already in place, it's no wonder that the Orbeon Protocol (ORBN) token has nearly sold out during presale. Getting in at just $0.004 per token during this stage is a steal, especially when you consider that ORBN is set to surge by over 60x during the next stages of the presale.