Oryen Network sways investors with 250% price jump during Presale, while Algorand, Solana, and Lido DAO decline sharply
Oryen Network continues to pump, and early investors look ready to lock in enormous gains at launch. This next-gen staking protocol has left the competition in the dust. And these incredible gains come when even established projects like Algorand, Solana, and Lido DAO suffer a sharp decline. This small-cap gem represents the perfect addition to any crypto investor’s portfolio.
Oryen Network
Oryen Network continues to power through the rankings and posts explosive price gains. Better still, at launch, this token will be auto-airdropped to holders’ wallets at a launch price of $0.35, and investors can currently buy ORY in its sixth stage of presale at $0.175. Everyone participating in the ICO has an excellent opportunity to secure these presale gains.
Oryen Network’s developers have studied the DeFi landscape and identified the space desperately needed two core elements: more efficient yields and more secure staking. As a result, they have built the Oryen Autostaking Technic (OAT) system that manages the staking process directly from investors’ wallets and auto-compounds yield daily on behalf of investors. The protocol delivers hourly positive rebases to every investor supporting the ecosystem’s growth. Thanks to this auto-compounding function of the OAT, it pays out an incredible 90% APY to all investors.
Oryen Network delivers a self-contained earning process in three steps: buy-hold-earn. Already listed by Cryptonews, investors who want to leverage these presale gains must move fast.
Algorand
Algorand is hailed by many crypto investors as the first blockchain to successfully solve the blockchain trilemma of scalability, decentralization, and security. However, ALGO, the native token, has experienced brutal price action recently from large sell-offs.
Founded by Silvio Micali, Algorand enjoyed one of the most successful ICOs of all time but, to date, has never managed to trade above its ICO price. And with the proliferation of layer two scaling solutions, the future of alternative layer one projects remains fraught with uncertainty.
Solana
Solana has suffered a steep decline recently, and several exchanges have halted stablecoin deposits on the network. The close relationship between Solana and FTX has been the primary driver in the collapse of SOL’s price. Vast amounts of liquidity have migrated away from the Solana DeFi ecosystem, and this blockchain faces a long-uphill battle after falling through critical support levels.
Lido DAO
Lido is a decentralized staking provider that has become the largest Ethereum staking pool allowing smaller investors to participate in the staking process. Instead of setting up their own validator node and locking 32 ETH in the staking contract, investors can deposit any amount of ETH via Lido’s smart contracts and receive daily rewards.
However, LDO, the governance token of Lido DAO, has declined, and certain analysts speculate this is a contagion effect from the platform providing liquid staking for SOL.
Closing Thoughts
The bear market forces investors to be proactive, and one of the best ways to salvage a portfolio is to participate in presales. Presales offer explosive gains, and few are performing as well as Oryen Network.
Find Out More Here:-
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
