Orbeon Protocol (ORBN) presale impresses analysts, Theta Network (THETA) and Axie Infinity (AXS) prices down
The crypto market is booming and there are many new players joining the fray every day. While some projects seem innovative and buzz-worthy, others are losing investor attention in the bear market. One such project that is garnering popularity is Orbeon Protocol (ORBN), which is set to surge 6000% over the course of presale. In this article, we will look at the current status of Axie Infinity (AXS) and Theta Network (THETA), and why they’ve been in a downward spiral recently as compared to Orbeon Protocol (ORBN).
Axie Infinity (AXS) loses over $400 million market cap
Over the past week, Axie Infinity (AXS) has lost the most value (by a factor of 22%), among the top 100 cryptocurrencies by market capitalization. The value of the Axie Infinity (AXS) token dropped by about $400 million in the past month. The current market cap of Axie Infinity (AXS) is $667.6M, down from $1.13 billion in October. Private investors’ potential selling of Axie Infinity (AXS) shares after the recent unlock and distribution is the most likely cause of the company’s decline. Additionally, the recent downward trend in Axie Infinity’s (AXS) price is likely attributable to the service’s stumbling user base. Data shows that Axie Infinity’s (AXS) player count dropped from 2.78 million at the beginning of the year to slightly above 701,447 at the time of writing this article. The future of Axie Infinity (AXS) is extremely unpredictable and investors must think twice before buying these tokens.
Theta Network (THETA) struggles to maintain its price
The year 2022 was a challenging one for Theta Network (THETA). Multiple times in 2022, Theta Network (THETA) dropped below $1. Theta Network’s (THETA) lack of appeal is further corroborated by the waning enthusiasm among investors. Theta Network (THETA) is a blockchain-based, smart-contract-powered decentralized content distribution platform with high bandwidth. Theta Network (THETA) aims to create low-cost and efficient data delivery sources, using decentralized video streaming as a primary use case. However, even if Theta Network’s (THETA) price rises, it may not recover the trade volume. It might be attractive for investors to buy the Theta Network (THETA) tokens because the price is currently low. However, there’s no assurance it’ll start rising.
Orbeon Protocol (ORBN) succeeds in capturing unbeatable investor interest
Orbeon Protocol’s (ORBN) key goal is to revolutionize the startup funding and crowdsourcing markets. Through equity-backed, fractionalized NFTs, individuals can invest in the world’s most promising businesses for as low as $1, with the help of the Orbeon Protocol (ORBN).
As an investment platform, Orbeon Protocol (ORBN) eliminates the need for expensive and exclusive funding rounds by opening the lucrative startup investing market to more people. The platform appears to provide an entire ecosystem, with security as its first priority.
Orbeon Protocol (ORBN) token holders can stake their tokens on the platform to earn a passive income. ORBN holders are also afforded governance rights, giving them a say in platform-wide matters and future initiatives through the use of voting tokens. Currently, over 40 million tokens have been sold out of a total of 888 million available in the public presale. At the time of writing, ORBN costs $0.0144, but after launch, it is expected to increase to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
The post Orbeon Protocol (ORBN) presale impresses analysts, Theta Network (THETA) and Axie Infinity (AXS) prices down appeared first on Analytics Insight.
The crypto market is booming and there are many new players joining the fray every day. While some projects seem innovative and buzz-worthy, others are losing investor attention in the bear market. One such project that is garnering popularity is Orbeon Protocol (ORBN), which is set to surge 6000% over the course of presale. In this article, we will look at the current status of Axie Infinity (AXS) and Theta Network (THETA), and why they’ve been in a downward spiral recently as compared to Orbeon Protocol (ORBN).
Axie Infinity (AXS) loses over $400 million market cap
Over the past week, Axie Infinity (AXS) has lost the most value (by a factor of 22%), among the top 100 cryptocurrencies by market capitalization. The value of the Axie Infinity (AXS) token dropped by about $400 million in the past month. The current market cap of Axie Infinity (AXS) is $667.6M, down from $1.13 billion in October. Private investors’ potential selling of Axie Infinity (AXS) shares after the recent unlock and distribution is the most likely cause of the company’s decline. Additionally, the recent downward trend in Axie Infinity’s (AXS) price is likely attributable to the service’s stumbling user base. Data shows that Axie Infinity’s (AXS) player count dropped from 2.78 million at the beginning of the year to slightly above 701,447 at the time of writing this article. The future of Axie Infinity (AXS) is extremely unpredictable and investors must think twice before buying these tokens.
Theta Network (THETA) struggles to maintain its price
The year 2022 was a challenging one for Theta Network (THETA). Multiple times in 2022, Theta Network (THETA) dropped below $1. Theta Network’s (THETA) lack of appeal is further corroborated by the waning enthusiasm among investors. Theta Network (THETA) is a blockchain-based, smart-contract-powered decentralized content distribution platform with high bandwidth. Theta Network (THETA) aims to create low-cost and efficient data delivery sources, using decentralized video streaming as a primary use case. However, even if Theta Network’s (THETA) price rises, it may not recover the trade volume. It might be attractive for investors to buy the Theta Network (THETA) tokens because the price is currently low. However, there’s no assurance it’ll start rising.
Orbeon Protocol (ORBN) succeeds in capturing unbeatable investor interest
Orbeon Protocol’s (ORBN) key goal is to revolutionize the startup funding and crowdsourcing markets. Through equity-backed, fractionalized NFTs, individuals can invest in the world’s most promising businesses for as low as $1, with the help of the Orbeon Protocol (ORBN).
As an investment platform, Orbeon Protocol (ORBN) eliminates the need for expensive and exclusive funding rounds by opening the lucrative startup investing market to more people. The platform appears to provide an entire ecosystem, with security as its first priority.
Orbeon Protocol (ORBN) token holders can stake their tokens on the platform to earn a passive income. ORBN holders are also afforded governance rights, giving them a say in platform-wide matters and future initiatives through the use of voting tokens. Currently, over 40 million tokens have been sold out of a total of 888 million available in the public presale. At the time of writing, ORBN costs $0.0144, but after launch, it is expected to increase to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
The post Orbeon Protocol (ORBN) presale impresses analysts, Theta Network (THETA) and Axie Infinity (AXS) prices down appeared first on Analytics Insight.
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