Undoubtedly, Dogecoin (DOGE) and Cosmos (ATOM) have been on a downward trend these last few weeks. However, Orbeon Protocol (ORBN) has captured the eyes of many analysts as they are now predicting it could see a 6000% rally. This project, currently in phase 10 of its presale, could be the next big thing in cryptocurrency, and by reading on, you could learn more about it.
Dogecoin (DOGE)
Launched in 2013, Dogecoin (DOGE) was created as a parody of Bitcoin (BTC) and the whole cryptocurrency market. In essence, Dogecoin (DOGE) is a cryptocurrency with no real value besides the excitement that it receives from its user base. Dogecoin (DOGE) also has an enormous supply of coins that can make the project undesirable for numerous investors.
Now, Dogecoin (DOGE) is trading for $0.0818 with a market cap of $10.8B. A recent fear of Fed stiffening has made things dire for Dogecoin (DOGE), as it lost 11% of its value in the past week.
Analysts predict this downward trend will continue as Dogecoin (DOGE) could sink to $0.02 by November 2023. With this projection, investors are putting Dogecoin (DOGE) behind as they look for other projects with more profitability.
Cosmos (ATOM)
Cosmos (ATOM) is a growing network of autonomous, compatible blockchain applications. In recent news, a new layer-2 solution named Dymension will soon be coming to the Cosmos (ATOM) network. But, this news did not show upward movement for the Cosmos (ATOM) coin.
The Cosmos (ATOM) network has been going downhill since the FTX collapse. Currently, Cosmos (ATOM) is trading for $13.10, which is a decrease in the past 24 hours. This is a massive drop from its peak of $44.70, and Cosmos (ATOM) holders are becoming more doubtful this project can ever reach its former glory again.
Its trading volume decreased by 47% overnight, which could also paint a bad picture for the future price movement of Cosmos (ATOM), as it is predicted to fall to $10 by the end of 2023. Traders are hesitant to invest in Cosmos (ATOM) because of its instability and are eager to switch to other developing initiatives.
Orbeon Protocol (ORBN)
Many platforms in the crowdfunding sector are concentrating on creating tools to support the financing of startups and businesses. One of those that will stand out will be Orbeon Protocol (ORBN), as it brings something that no one has thought of - equity-backed fractionalized NFTs.
Orbeon Protocol (ORBN) will be the pioneer investment platform that will allow companies and startups to connect with and grow their communities in a decentralized manner, all while reaching their funding goals. Orbeon Protocol (ORBN) will help mint a fractionalized NFT with actual equity in the company underpinning it, then allow investors to purchase a part of it for one dollar.
ORBN token, the power behind the Orbeon Protocol (ORBN) platform, holders will receive governance voting rights and discounts on trading fees. These benefits can be yours for just $0.0877, but potential Orbeon Protocol (ORBN) investors should not hesitate. Analysts predict the Orbeon Protocol (ORBN) coin could surge 6000% and reach $0.24 by the conclusion of the presale. Orbeon Protocol (ORBN) has outstanding short-term and long-term upside potential.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
