Despite being a tough year for cryptocurrency investors, certain tokens are garnering attention for their uniqueness and real-world utility. One new coin, the Orbeon Protocol, is causing excitement as its unique features will fundamentally change the landscape of crowdfunding and venture capitalists. Some experts predict the project will mirror the success of more established coins such as Dogecoin (DOGE) and Enjincoin (ENJ). The Orbeon Protocol presale has started with a starting price of $0.004.
Enjin Coin is one of Enjin’s projects, a company that provides a network of interconnected blockchain-based gaming devices. Its main project is Engine Network. It is a collaborative gaming platform where users can build websites, clans, communicate, and run virtual goods stores.
Enjin Coin or ENJ was created as the native currency of the Enjin Network. Enjin Coin (ENJ) is an ERC-20 token powered by the Ethereum (ETH) network that runs smart contracts to enable the purchase, sale, and exchange of goods with real-world value. Enjin Coin (ENJ) will also serve as a utility token for NFTs.
The total supply of ENJ is 1 billion coins, but as the ecosystem develops and more tokens are integrated into in-game digital assets, there will be less ENJ in circulation. ENJ’s total circulation was 1,000,000,000 at the time of this writing, leaving him with a market capitalization of $414,436,500. ENJ was recently worth $0.42.
Dogecoin (DOGE) is a popular open source peer-to-peer digital currency. Dogecoin is modeled after the well-known “doge” internet meme and employs the Shiba Inu as its symbol. This currency was created to mock the buzz surrounding some cryptos in the altcoin market. Dogecoin (DOGE) is basically a “meme” development and has a lot of support as a community driven project.
The spirit of the Dogecoin (DOGE) Manifesto amply illustrates the core ideals of cryptocurrency, including but not limited to providing utility, reliability, and ultimately fostering an atmosphere of trust.
At the time of press, the market cap of Dogecoin (DOGE) remains at $8,118,799,083. Dogecoin (DOGE) was recently priced at $0.058 and is now at $0.059 after gaining 0.99% over the previous week. However, Dogecoin (DOGE) could reach $0.33 in 2023 if the long-term mood holds up.
As one of the world’s first cryptocurrency crowdfunding platforms, the Orbeon Protocol allows people to partially invest in many early-stage companies via NFTs.
The Orbeon Protocol ecosystem is disrupting the traditional venture capital and crowdfunding industry by enabling businesses and investors to seamlessly transition from the Web2 to Web3 world. Everyday investors can now buy the most promising startups for as little as $1. With the Orbeon Protocol, projects can be funded through fractional NFTs, exponentially increasing the reach and growth potential of businesses on the platform. To protect investors, the Orbeon Protocol has a unique lag-proof mechanism, called the “fill or kill” mechanism, which refunds investors if the business fails to reach its funding goal.
With 888 million ORBNs in circulation, only 40% of the total supply will be available to the public as Phase 1 pre-sale. Prices start at $0.004. Analysts expect ORBN’s pre-sale price to rise by 6,000% to $0.24. This unprecedented potential is driving the buzz behind what could be a good investment for many cryptocurrency enthusiasts.
Find out more about the Orbeon Protocol presale
telegram: https://t.me/Orbeon Protocol
Always conduct proper research when dealing with pre-sales of currencies and tokens. The above information is not investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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