Investing in cryptocurrency requires a good understanding of the competitive nature of the industry.
There are many coins fighting for the top spot including the more established tokens such as Litecoin (LTC) and emerging projects with a great promise such as Orbeon Protocol (ORBN).
Litecoin (LTC) is ranked among the oldest and most successful cryptocurrencies. It offers faster transaction speed and lower cost than Bitcoin, which has made it quite popular among merchants and stores.
Its halving event slated for August 2023 has also seen its price skyrocket to over $100 in the last few days. Orbeon Protocol (ORBN), on the other hand, is a new crowdfunding platform set to change the venture capital industry. Orbeon Protocol (ORBN) is currently in the 8th phase of its presale.
There are many reasons why Litecoin (LTC) is expected to continue its current bull rally for the rest of the year.
For instance, Litecoin (LTC) usually surges ahead of its halving, which is planned for August this year. Litecoin (LTC) is also gaining significant retail adoption because of its faster transaction speed and low transaction costs. LTC is originally a fork of Bitcoin (BTC). There are, however, several differences between the two tokens.
Litecoin (LTC) made a few more improvements to its source code to address some of the shortcomings of Bitcoin, such as processing speed and cost. Litecoin offers faster transaction processing at a lower cost than Bitcoin.
Litecoin (LTCT) has also been gaining ground a lot lately because of a higher acceptance of LTC as a more reliable payment option for online stores and merchants. The fast transaction speed and low cost have made Litecoin (LTC) a more secure and practical option for daily transactions in diverse industries.
The low fees have made Litecoin (LTC) a favorite payment option for diverse purposes such as sending money and paying for online purchases. The increased demand and use of LTC has caused a surge in price. Since the beginning of the year, Litecoin has gained by over 24%.
Orbeon Protocol (ORBN)
The presale of Orbeon Protocol (ORBN) began in October 2022. Since then, Orbeon Protocol (ORBN) has become one of the hottest topics in the cryptocurrency industry.
The popularity of ORBN can be attributed to the project’s utility in the capital funding sector and the huge success of its presale. Orbeon Protocol (ORBN) has so far made huge gains of 1675% in presale, from the starting price of $0.004 to $0.071 per token today.
Another reason for the success of the Orbeon Protocol (ORBN) presale is the innovation that the Orbeon Protocol (ORBN) project brings into the venture capital and crowdfunding industry.
Using Orbeon Protocol (ORBN) NFTs-as-a-service, startups can mint fractionalized NFTs backed by their company equity and raise funds from regular investors through NFTs. Anyone can now invest in a good startup by purchasing fractionalized NFTs at an extremely low cost.
As the presale enters its last leg, the price of Orbeon Protocol (ORBN) is expected to increase even more. Analysts forecast a 6000% gain for Orbeon Protocol (ORBN) ahead of its exchange listing.
The price of ORBN has skyrocketed in presale by 1675%. It is quite evident that Orbeon Protocol (ORBN) is set to rival major tokens ahead of its listing.
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