The best new crypto to invest in 2023? Analysts say its Orbeon Protocol (ORBN), Binance (BNB) and Decentraland (MANA)

The best new crypto to invest in 2023

The digital asset trading world took an interesting turn recently while Binance Coin (BNB) and Decentraland (MANA) have both remained stable in value over the past few months despite the prevailing bear market, Orbeon Protocol (ORBN) has seen an 805% price explosion up to phase 3 of the public presale. Let’s take a look at why this is the case.

Binance (BNB)

If you have ever bought or sold cryptocurrency, you probably know Binance (BNB). The digital asset trading platform is one of the largest and most popular in the world, and its native token, BNB, has been a major success story in the crypto space.

Binance (BNB) has now transitioned into a whole ecosystem of products, services, and initiatives — known as the Binance ecosystem — that includes an ICO launchpad, an NFT marketplace, and even a decentralized exchange.

So why has Binance (BNB) performed so badly in recent weeks? With the FTX exchange declaring bankruptcy, investors are now questioning if Binance (BNB) can be trusted to protect their funds. On top of this, regulations in China and the US are tightening, leading many to question if Binance (BNB) has enough red tape to remain competitive.  Despite this, the lowered price of BNB may represent an opportunity to buy in before it inevitably surges once more, in large part due to the backing from the largest crypto exchange on the planet.


Decentraland (MANA)

Decentraland (MANA) is a virtual reality platform that allows users to build and explore digital worlds. The Decentraland cryptocurrency token, MANA, is used on the platform to purchase land and services.

2020 saw Decentraland (MANA) catapult to the forefront of the crypto world, with the likes of Atari and Snoop Dogg jumping on board. This hype caused Decentraland’s MANA to skyrocket to $5.90 early in 2021, which translates to a market capitalization of around $10 billion. However, Decentraland (MANA) has since plummeted to $0.30 — an almost 95% drop in value.

This has been attributed to a number of factors that have affected the price of Decentraland (MANA), such as an overall decrease in demand for virtual reality games due to the economic downturn. If Decentraland (MANA) can break the slump and impress investors, it is likely to see massive price action as we enter the bull market in the coming years.

Orbeon Protocol (ORBN)

For a startup in its infancy, obtaining funds is crucial. However, private investors are often extremely judicious when considering new projects, and can be difficult to convince. This is where Orbeon Protocol (ORBN) comes in — it’s a blockchain-based crowdfunding platform that provides a unique solution to this challenge.

The key to this system is the transfer of equity-based NFTs that represent investment in the project. Startups get the funding they need, and investors get a stake in the company with as little as $1 thanks to the NFTs being fractionalized, improving the accessibility of the venture capital industry for everyone.

All operations are handled via smart contracts stored on Ethereum (ETH) blockchain. This removes any need for middlemen, as smart contracts are designed to self-execute and settle payments. They also have built in security features such as the “Fill or Kill” mechanism, which ensures that all investors are fully refunded in the event of a failed funding round.

The ORBN utility token is used to facilitate transactions and provide access to the platform. By holding ORBN, users can unlock exclusive features on the Orbeon Protocol platform, such as priority access to NFTs, discounted trading fees, and governance rights.

Phases 1 and 2 of the Orbeon Protocol (ORBN) have been a massive success, with a price increase from $0.004 to $0.0362 in a matter of weeks. The project is now entering its final phase, with ORBN set to be listed on exchanges later this year – an event that analysts forecast could see the price skyrocket by up to 6000%.

 Find Out More About The Orbeon Protocol Presale




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