2022 was harsh on many crypto projects, leaving many high-flying projects in the clutches of the bear market. However, the same can’t be said for Apecoin (APE), the native token of the Bored Ape Yacht Club NFT collection. This token had a great year, despite being launched just last year.
Another rising star analysts have predicted to go all the way is the Orbeon Protocol (ORBN). ORBN just moved into the sixth stage of its presale and it has been forecasted by analysts to surge by 6000% during its presale following an initial price of $0.004 to $0.24. It is expected to do even better when listed.
Any investor looking to make profits on tokens this year needs to look critically at these two tokens. This short piece will walk you through everything you need to know about both tokens.
Apecoin (APE), launched in March 2022, is a token that has had such a rapid rise through most of 2022. Apecoin is the native cryptocurrency of one of the largest NFT collections in the world, BAYC. Shortly after its release, the Apecoin (APE) became the metaverse token with the largest market capitalization, dethroning the Decentraland (MANA) token. Apecoin further established its dominance by reaching an all-time high price just over a month after its launch.
However, despite its huge collapse in the second half of last year, analysts expect this coin to gear up for another bull run this year. One of the indicators used is its availability on major exchange platforms such as Binance, Coinbase Pro, Gate.io, and many others. This means Apecoin’s trading volume would likely rise, hence affecting its price action. Also, Apecoin has enlarged its ecosystem during the end of last year, launching its own NFT marketplace.
With these various indicators, the chances of Apecoin exploding are high.
Orbeon protocol (ORBN) is one project whose price action is purely fueled by its use case. The innovation behind the crowdfunding investment platform makes it one that will benefit investors for a long term. The Orbeon Protocol (ORBN) allows everyday investors to invest in companies they believe in, which helps startups raise funds faster.
This is possible through the use of equity-backed fractionalized NFTs, available to everyday investors for as little as $1 as a form of investment. This democratizes access to the venture capital industry allowing anyone to get involved with comparatively low capital.
Apart from its solid use case, ORBN is an investor favorite due to its bridges to various established blockchains. Its availability on these blockchains means it can be easily accessed and traded when it is finally listed. ORBN is approaching the final stages of its presale and will launch on Uniswap once the presale is over.
Analysts are confident that ORBN will surge by up to 6000% once the presale concludes, with these predictions stemming from the fact that Orbeon Protocol has seen a 1400% price increase in presale so far.
Find Out More About The Orbeon Protocol Presale
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