With Orbeon Protocol (ORBN) nearly selling out during presale following an 980% surge, VeChain (VET) steadily gaining in value, and 1INCH continuing to go from strength to strength, these three crypto projects are each looking poised for a breakout. Let’s take a closer look at why traders and investors alike are betting on these projects as they brace for a bull market breakout.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is here to make it easier for the everyday investor to access the best investment opportunities. It connects startups and investors over a peer-to-peer network, allowing startups to easily raise funds and investors to quickly access opportunities.
Orbeon Protocol (ORBN) achieves this with four key features:
1) Blockchain-based: Orbeon Protocol (ORBN) offers a secure, tamper-proof platform for startups and investors to communicate.
2) Fractionalized NFTs: Instead of having to buy entire startups, investors can now purchase fractionalized sections of a startup for as little as $1. This means that anyone can get access to the best investment opportunities, regardless of their budget.
3) ORBN: This is the utility token of the platform, and it’s used for governance, staking rewards, and transaction fees.
4) Smart contracts: There are no greedy middlemen or untrustworthy intermediaries. All transactions are handled through smart contracts, ensuring that all parties involved in a transaction have peace of mind.
The four of these features combine to create a crowdlending platform that is set to capture a large chunk of a billion-dollar industry. With nearly all ORBN sold during phase 3 of the presale, the project is now bracing for a bull market breakout.
VeChain (VET) is an enterprise-facing public blockchain platform that has been designed to help businesses adopt blockchain technology. VeChain (VET) is used in agri-tech, pharmaceuticals, logistics, and government services, as well as various other areas.
VeChain (VET) uses a dual-token model, with VET representing the right to use the platform and VTHO as a utility token used to pay for transactions. VeChain (VET) has experienced enormous growth since 2018, with the token hitting an all-time high of $0.2782 in April 2021.
VeChain (VET) has an impressive list of partners, including the likes of Microsoft, Walmart China, and Deloitte. VeChain (VET) is down 93.56% since the all-time high, but as more businesses embrace blockchain technology and VeChain (VET) continues to gain in popularity, VeChain (VET) is set for a breakout into the bull market.
1INCH is a decentralized exchange protocol built on the Ethereum (ETH) blockchain that enables users to trade on multiple decentralized exchanges at once. The 1INCH protocol aggregates liquidity from various DEXs and provides users with the best prices possible.
The 1INCH token is a utility token used to pay fees on the 1INCH exchange, and it can also be staked to earn rewards in ETH. Staking 1INCH tokens allows users to earn rewards that are based on the amount of liquidity they provide the 1INCH ecosystem.
1INCH felt the effects of the bear market, with the token’s price decreasing by more than 90% from the all-time high set in 2021. However, 1INCH has continued to make progress, with the 1INCH DEX aggregator surpassing $150 billion in volume on the Ethereum (ETH) network.
1INCH is well-positioned for a breakout, especially as decentralized exchanges continue to grow in popularity. With the 1INCH protocol’s liquidity aggregation technology and staking rewards, traders and investors are banking on 1INCH to break out into the bull market soon.
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