The cryptocurrency market has seen some strong performers in recent months, with many investors making bullish predictions for their performance. This week, Orbeon Protocol (ORBN) has been on a positive streak during phase 3 of the presale following a 655% price increase, while Zcash (ZEC) and Axie Infinity (AXS) have seen good price predictions as well. Let’s take a closer look at these currencies to see why they have performed the way they have.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is sending waves through the cryptocurrency market as it promises to disrupt the venture capital industry with its unparalleled accessibility and dynamic use cases.
As an investment platform, Orbeon Protocol (ORBN) allows startups to raise capital more efficiently than ever before on the platform using fractionalized, equity-backed NFTs, which can be purchased from as low as $1.
Smart contracts allow Orbeon Protocol (ORBN) to automate a variety of processes, including fundraising and investment management. This removes the need for third-party intermediaries and reduces costs for investors. These smart contracts have been audited by Solid Proof, and are designed to adhere to regulations.
Holding ORBN gives you the power to access exclusive crowdfunding opportunities, passive income staking, lower fees, and governance rights over the network.
For the past few weeks, Orbeon Protocol (ORBN) has been on a bullish trend, with its price increasing steadily through all phases of the presale from $0.004 to $0.030. Now in the final phase, there are not many ORBN tokens left before the token price explodes on exchanges.
With its high-tech zk-SNARKs system, Zcash (ZEC) allows users to conduct their transactions in complete stealth mode, leaving nosy onlookers in the dark. You see, while many people believe that Bitcoin (BTC) transactions are anonymous, the truth is that they are actually traceable.
With Zcash (ZEC), this problem has been eliminated. Zcash hides the sender, recipient, and transaction amount so that no one can track down who is doing what. This makes Zcash a particularly attractive option for those looking to preserve their privacy while conducting digital currency transactions.
However, the crypto market thrives on hype, and Zcash (ZEC) has been facing a decline in its value since hitting $884 in 2018. Many investors are hopeful Zcash will see a resurgence in the near future, as privacy is often considered one of the most lacking aspects of crypto – something Zcash aims to change.
Axie Infinity (AXS)
Axie Infinity (AXS) is a decentralized gaming platform that allows players to collect and battle digital monsters (Axies). It is built on the Ethereum blockchain, and users can make money by playing the game and selling their Axies on the marketplace.
The platform initially saw an immense surge in popularity, with the price of Axie Infinity Shards (AXS) skyrocketing by 20x in just 2 months. Millions of players were jumping into the game, and it seemed like Axie Infinity (AXS) was on the verge of becoming one of the most popular gaming platforms in the world. The unique play-to-earn mechanics of Axie Infinity earned it a reputation as a strong newcomer to the market, with many calling Axie Infinity the future of gaming.
Unfortunately, this growth did not last, and the price of Axie Infinity has since fallen back to its pre-boom levels. If Axie Infinity (AXS) wants to regain the market attention it once had, it will need to focus on becoming a more sustainable platform with continued user engagement and growth.
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