Litecoin (LTC) Continues to Gain Bullish Moment as Year End Approaches, Orbeon Protocol (ORBN) Predicted to 60x by 2023
This content is provided by a sponsor
Investors have been comparing Orbeon Protocol’s (ORBN) meteoric pre-sale surge to that of more established cryptocurrencies like Litecoin (LTC), which is also doing quite well at the moment.
Orbeon Protocol is currently in phase 3 of its presale and already doing extremely well with massive price gains. Analysts predicted it to grow by 6,000% by 2023.
In this post, we investigate the reasons behind Orbeon Protocol’s (ORBN) pre-sale performance, which has resulted in massive gains and has left other cryptocurrencies in its wake. For starters, let’s take a look at Litecoin, which has been riding a bullish wave so far.
Upward Momentum for Litecoin (LTC)
Litecoin continues to rise and is currently roughly 40% above the lows of the first part of November, despite a bear market that FTX caused.
In recent weeks, the market has been quite supportive of Litecoin (LTC). As a result, Litecoin’s (LTC) rate of growth has increased significantly.
Litecoin announced its status as “the fastest growing cryptocurrency payments system in the world” on December 1, 2022.
As of the 30th of November, the popular U.S.-based money transfer service Money Gram allowed its mobile app users to buy and sell three cryptocurrencies, including Litecoin. Additionally, in the month of November, Litecoin was also added to Google Cloud and Block Bank.
Tokenized in 2011, Litecoin (LTC) is a decentralized digital currency. It bears many similarities with Bitcoin (BTC) due to its origins in Bitcoin’s (BTC) source code. Litecoin was created to facilitate faster, more affordable transactions.
The cryptocurrency hit a peak of around $390 in the last bull market, and it is currently roughly 80% below that level. It, however, continues to see a bullish moment towards the end of 2022.
Orbeon Protocol (ORBN) for Decentralized Crowdfunding
The goal of Orbeon Protocol is to connect high-potential startups seeking funding with individual or small-scale investors interested in investing in startup ventures. Orbeon Protocol is a pioneer and industry leader in the realm of cryptocurrency-based crowdfunding.
Orbeon Protocol is implementing widespread features, such as its NFT-as-a-service (NFTaas), to allow everyday investors to buy into budding startups.
The NFTs can be minted by startups seeking to raise funds for as little as $1 each. The Fill or Kill feature of the platform will immediately return investors’ money if the firm does not reach its financing targets by the deadline.
An extremely vital part of the Orbeon protocol is the Orbeon token (ORBN), which serves as both the native and utility token.
In addition to voting rights, holders of ORBN will have access to exclusive investor groups, funding rounds, and other perks.
The price of ORBN has increased from $0.004 in the first stage of the presale and by the time the presale period is up, they predict a massive increase of 6,000%, reaching $0.24. But its practicality and high demand can potentially multiply its current price by a factor of 100x.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
