It’s been a wild month in the world of cryptocurrencies, with ApeCoin (APE) and Litecoin (LTC) both posting impressive gains. But that isn’t all – Orbeon Protocol is set to surge by an incredible 6000% during its presale.
This bullish market trend has cryptocurrency investors eager to see what the future holds for these digital assets. As a result, many are turning to ApeCoin and Litecoin as potential investments for the future, alongside Orbeon Protocol. Let’s take a closer look at the details.
ApeCoin has seen an impressive 30% monthly gain, making it one of the top performers in the crypto market. How did this come about?
ApeCoin is a peer-to-peer digital currency focusing on privacy and security. The ApeCoin platform allows users to make fast, low-cost payments and transfers without relying on third parties. This has made ApeCoin an attractive option for private transactions and store-of-value investments.
Initially devised by the team behind the wildly successful Bored Ape Yacht Club NFT collection, ApeCoin is intended to serve as the native currency of the APE ecosystem. As such, ApeCoin has seen a stable price due to its newfound utility.
Litecoin is another asset that has been posting impressive gains. Litecoin has seen 40% monthly growth in anticipation of its upcoming “halvening” event. For those unfamiliar with this term, it refers to when the rewards miners receive for processing transactions are cut in half.
This reduction in rewards is expected to cause a decrease in the number of new Litecoin tokens entering circulation while demand theoretically remains the same and potentially drives prices up.
Litecoin was created as an alternative to Bitcoin, enabling faster transaction times, lower fees, and greater scalability. Litecoin is also seen as a reliable store of value due to its low inflation rate compared to other coins. Many investors are turning to Litecoin as an attractive long-term investment.
Orbeon Protocol (ORBN)
The Orbeon Protocol is a new blockchain project set to conclude its presale in January. Functioning as a decentralized investment platform, Orbeon Protocol allows anyone to access the venture capital market.
Orbeon Protocol would enable ordinary investors to benefit from venture capital investment from as little as $1 by lowering the costs of start-ups raising initial funding through equity-backed NFTs.
These NFTs act as a form of investment in fundraising startups and can be purchased with ORBN tokens – notably, ORBN grants holders various benefits like staking bonuses, governance rights, and more.
The third round of the pre-sale for Orbeon Protocol has already seen a significant increase in the price of ORBN tokens from $0.004 to $0.0362. This means that those who participated in the pre-sale may stand to make extraordinary gains.
Find Out More About The Orbeon Protocol Presale