The cryptocurrency market took an unexpected turn in February. After weeks of consecutive price increases, popular projects like Axie Infinity (AXS) and Uniswap (UNI) are down. Meanwhile, Orbeon Protocol (ORBN) has just hit a new all-time high of $0.071. Here’s why Orbeon Protocol (ORBN) continues to outperform the market.
Uniswap (UNI) Trading Volume Up Despite Price Drop
Uniswap (UNI) is a decentralized cryptocurrency exchange that lets investors trade ERC20 tokens without revealing their identity. Instead of needing an account, all Uniswap (UNI) investors need to do is connect their wallet and they can begin trading.
Uniswap (UNI) is known for its continuous innovation and updates, having recently launched Uniswap (UNI) V3, which upgraded a number of features on the Uniswap (UNI) platform. These include a new tiered fee system, improved liquidity pools, and concentrated lucidity.
Uniswap (UNI) has experienced a bad start to February, with a price decrease of 5%. This is in line with many other cryptocurrencies and has been described as a simple correction for some investors. This claim is supported by Uniswap (UNI) trading volume, which has increased despite its decrease in value.
Axie Infinity (AXS) Trading Volume Sinks With Its Price
Axie Infinity (AXS) was one of the most popular play-to-earn (P2E) games of 2021. Axie Infinity (AXS) lets players buy monsters (NFTs) and battle them for in-game rewards. Players can also rent their monsters to other players to build a passive income.
Despite being a popular game in 2021, in 2022 the value of Axie Infinity (AXS) crashed. The value of the Axie Infinity (AXS) token decreased by over 70% and in the process destroyed investors’ passive income streams. This resulted in bad publicity and a significant decrease in the number of players for Axie Infinity (AXS).
Axie Infinity (AXS) had a strong start in January, increasing by over 80% in value. This had many investors excited and resulted in an increase in players. However, price decreases of over 10% in February have shattered investor confidence. One Axie Infinity (AXS) token is now worth $9.42, and trading volume is down by 28%.
Orbeon Protocol (ORBN) Price Rises While The Market Decreases
Despite a negative trend in the market, Orbeon Protocol (ORBN) increased in price at the start of February, rising from $0.069 to $0.071. This marks a 1675% price increase from its starting price of $0.004 and has boosted early investor confidence.
Orbeon Protocol (ORBN), a unique DeFi project, lets startups raise money by selling NFTs. Each NFT will represent equity in their business and is fractionalized so that it can be sold for as little as $1. This has created a low barrier of entry for investors to attract as many investors as possible.
To keep risk to a minimum, startups are required to meet certain funding goals. If these targets are missed, the Orbeon Protocol (ORBN) “Fill or Kill” feature is triggered, which burns the NFT and returns investors money.
Stage seven of the Orbeon Protocol (ORBN) presale is already in full swing, with nearly 50% of the stage’s supply already sold. With analysts predicting Orbeon Protocol (ORBN) to hit highs of $0.24 before the end of its presale, along with a range of bonuses for early investors, investors are now buying Orbeon Protocol (ORBN) faster than ever.
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Website: https://orbeonprotocol.com/
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