• PancakeSwap (CAKE) and Shiba Inu (SHIB) have gained over 10%, while Orbeon Protocol’s presale has recorded a 1675% gain.
• Orbeon Protocol is launching a decentralized investment platform, allowing people to invest in new startup firms for as little as $1 with fractionalized NFTs.
• PancakeSwap has also been gaining popularity due to the renewed focus on decentralized exchanges and its market maker functionality.
Cryptocurrencies Showing Signs of Bouncing
Cryptocurrencies with unique selling points and use cases stand a fair chance of bouncing after a steep sell-off in 2022. The argument has to do with the fact that investors have become increasingly cautious and savvy after the sector imploded last year. While PancakeSwap (CAKE) and Shiba Inu (SHIB) are showing signs of breaking out, its Orbeon Protocol stands out from the pack going by its 1675% rally in presale.
Orbeon Protocol Revolutionizes Crowdfunding Industry
Orbeon Protocol is one of the new projects on the block that has been flying high as part of its presale. The rally comes on institutional and retail investors taking note of the project’s bid to revolutionize the crowdfunding and venture capital industry. Launching a decentralized investment platform that allows people to invest in new startup firms for as little as $1 is one of the developments that sets the project apart. With the help of non-fungible token (NFT) technology, Orbeon Protocol is to fractionalize stakes in startups allowing firms to raise funds through fractionalized stakes. The fractionalized NFTs are minted to make it easy for everyday investors to tap into opportunities in highly prospective startups. Only wealthy investors have been able to tap into these opportunities for the longest time, owing to their deep pockets. However, with Orbeon Protocol’s new platform, investors stand to gain access to elusive venture capital markets.
ORBN Token Offers Numerous Benefits
The development is already fueling demand for ORBN, the network native token that also acts as a utility token. In addition to serving as a medium of exchange and settling transaction costs, it offers several other perks including transaction cost savings for holders who stake their tokens in liquidity pools TO enhance the network’s security and liquidity level and earn some passive income which can be used towards making investments or other purposes.. Additionally, holders can vote on various project proposals via governance privileges offered by ORBN token holders.
PancakeSwap Gaining Popularity
PancakeSwap has also been flying high, going by its 20% plus gain year-to-date figures following last year’s sell offs throughout 2021 cryptospace downturns . Its growing popularity stems from renewed focus on decentralized exchanges due its market maker functionality which allows users buy or sell cryptocurrency without having go through lengthy KYC processes associated centralized exchanges..
Conclusion
It appears cryptocurrencies such as PancakeSwap (CAKE), Shiba Inu (SHIB), an Orbeon Protocol have found their paths back up after experiencing some turbulence during last year’s crypto sector implosion . These projects continue appeal more users due their innovative use cases combined user friendly features designed attract casual crypto users..