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Litecoin (LTC), Huobi Token (HT) and Orbeon Protocol (ORBN)—Three must-have tokens for the bear market in 2023
If you are a crypto trader and investor, Litecoin (LTC), Houbi Token (HT) and Orbeon Protocol (ORBN) are top cryptocurrencies you should consider adding to your portfolio.
2023 kicked off on a positive note for LTC as the token went from a low of $46 to its current price of $84 in what seems to be a short-term bullish rally amid a crypto winter.
Houbi Token (HT), on the other hand, is quickly emerging as one of the top-gaining cryptocurrencies in 2023. While some market analysts predict a bearish trend given that the coin is trading below the 200-day moving average, Houbi Token's price is positively correlated with the top 10 coins by market capitalization.
Lastly, Orbeon Protocol (ORBN) launched its presale while posting gains as high as 987%. Experts predict that the token could give investors returns as high as 6000% by the end of the year.
Here is a detailed breakdown of these top three coins you should have on your watchlist.
Until recently, Litecoin consistently held a position as the third biggest cryptocurrency by market capitalization. LTC has been widely known for over ten years as the silver to Bitcoin's gold.
At the start of 2022, LTC was priced at about $140, then dropped in tandem with the crypto market to a low of $46. With the rise of meme coins such as Dogecoin, most onlookers said that LTC had fallen off, especially since Dogecoin is a fork of Litecoin's blockchain.
LTC is breaking off from the overall crypto bearish trend and is now posting significant gains. In the past 24 hours, LTC's trading volume has increased by over 40%, and its price has risen by an additional 5%.
Houbi is a new kid on the block with the potential to rival the likes of BNB coin. At its core, the Houbi token is the native coin of the Houbi Global crypto exchange. It was first launched in 2018 as an ERC-20 token and continues to offer HT holders several perks, including reduced transactional fees and 20% of Houbi Global's profits.
Even though various market analysts predicted a 6% drop in HT’s price at the start of 2023, HT’s price continues to defy the odds while posting a 2.5% increase in its trading volume. HT’s market capitalization has also increased by nearly 2%.
HT is an excellent token in your portfolio, given the collapse of various well-established centralized exchanges. With a vacuum in the market, Houbi Global could quickly become the crypto exchange to watch in 2023.
Orbeon Protocol has taken the entire crypto space by storm while posting astronomical returns of over 987% in the first round of its presale. Orbeon Protocol is a launchpad designed to disrupt the venture capital industry through fractional ownership of NFTs.
This platform lists up-and-coming startups in the crypto space and empowers them to raise funds from investors. Each startup can mint NFTs sold on Orbeon Protocol's exchange and marketplace for as little as $1. To protect investors, Orbeon Protocol has put in place a security mechanism that is designed to return funds to investors in case the startup fails to achieve its goals.
So far, experts predict that (ORBN) could post returns as high as 6000% by the end of its presale.
Telegram: https://t.me/OrbeonProtocol
