Avalanche (AVAX) and Dogecoin (DOGE) prices decline, consider Orbeon Protocol (ORBN) for long term growth - Here’s why

November 21, 2022
3 min read

The crypto community is waking up to the fact that real and long-term wealth creation will happen only if they invest in real world businesses or assets with real use cases. This growing realization has fueled the demand for Orbeon Protocol (ORBN) token, which offers users an opportunity to invest in promising businesses through fractional non-fungible tokens. It is also interesting to note that while the price of Orbeon Protocol (ORBN) is increasing, leading cryptocurrencies like Dogecoin (DOGE) and Avalanche (AVAX) are witnessing a decline. This article explains why investing in Orbeon Protocol (ORBN) could be better than buying Dogecoin (DOGE) and Avalanche (AVAX) for long term growth.


Dogecoin (DOGE) starts falling again after record jumps

Dogecoin (DOGE) price witnessed a sharp jump after its prime backer, Elon Musk, formally acquired Twitter. As speculations, of Musk including Dogecoin (DOGE) in his future plans for transforming Twitter into a fintech giant, flowed, the popular memecoin jumped over 50% in a month. However, the Dogecoin’s gains of the last four weeks are being wiped out as the crypto market has once again landed in trouble following the exposure of FTX exchange over mishandling of user funds.

As per CoinMarketCap data at the time of writing, Dogecoin (DOGE) price is down nearly 30% in the last 7 days. The current price of Dogecoin (DOGE) is also 88% lower than the all-time high (ATH) of $0.73 on May 8, 2021.

Dogecoin (DOGE) is a highly risky crypto asset driving its value from speculations based on Elon Musk's moves. Even as Musk has said in the past that Dogecoin (DOGE) could be good for transactions, this crypto has a long way to go for gaining the trust of cautious investors.

Avalanche (AVAX) continues to disappoint investors

Avalanche (AVAX) has disappointed investors throughout the year. According to CoinMarketCap data, Avalanche (AVAX) was trading around $113 in the first week of 2022. During the crypto market crash in May, Avalanche (AVAX) fell to $23. It continued to fall further in the following months.

In the last 7 days, the price of Avalanche (AVAX) has dropped over 34% to $12.95, which is around 91% below the ATH of 144.96 on November 21, 2021. Avalanche is a layer-1 blockchain for smart contracts and an Ethereum rival. But, in terms of price, Avalanche blockchain’s native token, AVAX, is nowhere near Ethereum as of now.

Recently, Avalanche was in the news for collaboration with GMX for its liquidity mining incentive program called Avalanche Rush. The Avalanche blockchain has also reported faster transactions than Ethereum. However, the positive updates have failed to generate investors’ interest in Avalanche (AVAX) tokens.

What makes the Orbeon Protocol (ORBN) special

For investors interested in serious wealth creation, Orbeon Protocol (ORBN) offers a unique opportunity to invest in early stage real-world businesses through fractionalized NFTs. The Orbeon Protocol (ORBN) platform allows promising businesses to raise funds from the crypto community by converting investment opportunities into fractional NFTs. Thus, Orbeon Protocol (ORBN) is revolutionizing the traditional venture capital and crowdfunding industry.

With the growing popularity of the Orbeon Protocol platform, the demand for its utility token, ORBN, has surged. Phase 1 of the presale is now sold out, more than 163 million ORBN tokens. The price of ORBN token has also jumped 125%, from $0.004 to $0.009. It is expected that the Orbeon Protocol (ORBN) token price will jump 6000% during the presale.

Orbeon Protocol (ORBN) allows the token holders to participate in Governance of the platform with voting rights. They also get access to exclusive investor groups, staking bonuses, and rewards.

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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