Knowing the right cryptocurrencies to invest in is crucial to success in the crypto industry. Most investors understand the industry’s volatility; the major reasons they research their investment options before investing in any digital currency.
Here, we take a look at three tokens ORBN, XEC, and GMX to enable prospective investors to make the right investment decision.
eCash is Hit by the Bearish Market
eCash is the rebranded version of a Bitcoin (BTC) and Bitcoin Cash (BCH) fork, Bitcoin Cash ABC (BCHA). eCash considers itself as the digital alternative to electronic cash. Its token, XEC, is designed for payment for goods and services.
eCash developers created XEC to be Ethereum Virtual Machine (EVM) compatible and work smoothly with decentralized finance (DeFi) on Ethereum.
Besides its use for anonymous transactions, XEC also ensures transaction immutability and is almost charge-free.
XEC holders are not satisfied with the eCash project and its token. Within a space of one year, XEC gave in to depreciation and lost about 96% of its value a year ago. XEC is currently sold for $0.00002388 from $0.0005926.
Industry Crash Takes its Toll on GMX
GMX is a decentralized perpetual and spot exchange that supports zero-price impact trades and low swap fees. It is powered by GMX, its native token.
GMX supports trading with its multi-asset pool that generates income for GMX token liquidity providers from swap fees, market making, asset rebalancing, and leverage trading.
GMX token hasn’t been impressive for some time. Its current live price of $40.79 per GMX is a sharp contrast to its price a year ago: $217.32.
GMX has a market cap of over $343 million and a circulating supply of over 8 million GMX coins.
Orbeon Protocol Remains Bullish Despite Industry Crash
A clear distinction between the crowdlending platform, Orbeon Protocol, and others such as GMX and XEC is consistent appreciation. Since its launching as a platform for investors to generate funds for their businesses, it has maintained constant appreciation.
The Orbeon Protocol platform offers users easy access to venture capitalists and makes fundraising stress-free. The team assists users to raise capital by creating non-fungible tokens (NFTs) it can fractionalize to reduce the cost of investment in the NFTs.
Orbeon Protocol isn’t limited to fundraising or idea-generating. Its ecosystem offers users a Launchpad, a platform to launch their new businesses. Existing business owners can raise funds through the Launchpad as well.
To make crypto and NFT purchasing and holding easier, the team created a digital wallet, Orbeon Wallet. Users can also exchange their digital assets via the wallet or swap them through Orbeon Swap.
The protocol native ORBN token is one of the most promising in the industry.
Through its governance feature, ORBN holders are stakeholders that can make meaningful contributions to the Orbeon Protocol project. They can also earn passive income by staking their token for as long as they desire.
Orbeon Protocol users can also earn up to 50% discounts from transactions performed on the Orbeon marketplace. That’s besides a chance to earn cashback rewards in USDC.
At Stage 3 of the project, the team will launch several features that include Orbeon Exchange, Private Investor Club, and round table.
It will also launch on CEX, accept applications for Launchpad projects and develop governance smart contract
For more info about Orbeon Protocol (ORBN) Pre-Sale, please visit:
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
Instagram: https://www.instagram.com/orbeonprotocol/
YouTube: https://www.youtube.com/channel/UC91HgBS093pjNiuYIcs7J4w
