April 2023 crypto watch: Orbeon Protocol, Litecoin, and Fantom set to thrive
As we enter April 2023, the cryptocurrency market continues to evolve, with emerging and established projects vying for attention. Among the promising contenders, Litecoin (LTC) and Fantom (FTM) are poised for significant growth, showcasing their potential in the ever-changing crypto landscape. Meanwhile, Orbeon Protocol is making strides in the presale phase with its innovative DeFi and NFT offerings, plus its incredible price increase of 2093%.
Orbeon Protocol (ORBN)
Picture Orbeon Protocol as a bridge connecting startups with a worldwide network of investors, bypassing the obstacles that typically come with traditional venture capital fundraising.
This is possible because Orbeon Protocol uses NFTs to represent company equity. When these NFTs are divided into smaller parts, anyone can buy a piece for as little as $1.
For startups, Orbeon Protocol (ORBN) means they can tap into a global pool of investors of all sizes, no matter where they are. This gives them access to more resources to help them grow and thrive. Plus, Orbeon Protocol is built on the Ethereum (ETH) blockchain, ensuring a secure and trustworthy platform for investors.
ORBN also has its own utility token, called ORBN, which offers incentives and rewards to investors. Holding ORBN tokens can lead to staking rewards, discounts, and early access to upcoming projects on Orbeon Protocol.
ORBN is currently valued at $0.0921 during the ongoing ORBN presale, representing gains of over 2203% since it started in Q4 2022. With a listing on Uniswap happening any day now, the value of the Orbeon Protocol (ORBN) will only increase.
Litecoin is one of the original altcoins and remains one of the most popular options on the market, with a current market capitalization of around $5.8 billion. In fact, Litecoin has been one of the most consistent performers since its launch in 2011.
Litecoin offers fast transactions, low fees, SegWit support, and Lightning Network compatibility. Litecoin is a great choice for everyday payments and microtransactions. The price of LTC is currently hovering around $80, representing gains of more than 100% since the summer of 2022.
However, it isn’t Litecoin (LTC)’s speed that makes it stand out in April 2023. What’s driving the price of LTC is its upcoming halving event, which will reduce the reward for miners by 50%. This will cause a supply-side crunch and significantly drive LTC prices.
The Fantom (FTM) project has been around since 2019, but only in the past year has it come into its own. Fantom is a Layer-1 blockchain protocol that uses an innovative consensus mechanism called “Opera” to enable seamless and secure transactions.
The price of FTM is currently hovering around $0.50, representing gains of over 100% since the start of 2023. Investors are attracted to Fantom (FTM)’s potential for scalability, low fees, and fast transaction speeds. A host of renowned venture capital firms and renowned cryptocurrency exchanges also support Fantom.
Fantom doesn’t look to be slowing down any time soon, especially as the unique addresses holding FTM recently reached 45,000,000. This is a major milestone for FTM and reinforces its potential to become one of the leading blockchain protocols in the world.
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