The crypto market has been in the spotlight recently, as many crypto enthusiasts hope for a better future for their favorite crypto investments.
Regarding the forecasts for 2023, a few projects stand out from the crowd. Keep reading to find out more about what’s next in line for Algorand (ALGO), ApeCoin (APE), and Orbeon Protocol (ORBN) which is attracting a high volume of investors.
Algorand (ALGO) Attracts More and More Users
Algorand (ALGO) starts the new year in positive territory. The platform essentially bridges the gap between traditional finance and decentralized finance using blockchain technology. In other words, Algorand aims to become the new top choice for developers who want to launch new dApps.
Recently, the platform has recorded its one-billionth transaction, which indicates increasing activity on the network. Even more important, the network has not experienced any disruptions despite the increase in activity, which is a demonstration that the platform performs as well as it was expected.
The healthy adoption rate, an increasing number of projects with no downtime, and new projects like Dequency are only some of the catalysts for growth this year.
ApeCoin (APE) Is Fighting the Bear Market
ApeCoin is one of the most popular NFT projects to date. This year, the company behind the project aims to launch the Metaverse MMORPG the Otherwise, and this will have a huge impact on APE, as this will be the game’s currency.
This good news will help Metaverse coin holders stabilize their portfolio this year, which is refreshing after the icy cold crypto winter of 2022. This is even more important considering that crypto experts expect the crypto gaming market to grow from only $4.6 billion in 2022 to more than $67 billion in the next five years, and APE stands to benefit directly from this growth.
Orbeon Protocol (ORBN) Skyrockets 980% As It Nears Launch Date
Early investors looking for a bargain should not dismiss Orbeon Protocol. So far, its price has increased by 987% already, but the journey is not over yet – crypto experts forecast an impressive growth of 6,000% this year.
The blockchain-based platform makes venture capital accessible to anyone – on the one hand, for small firms looking to raise capital affordably and quickly; on the other hand, for small investors who can now invest as little as $1 in the most promising brands around the world using NFT technology.
Thanks to its innovative technology, Orbeon Protocol does not only bridge the gap between traditional venture capital and crowdfunding and blockchain technology, but, in fact, creates a new form of investment.
Orbeon protocol tokens have already increased from initial price $0.004 by 987% making the current price $0.0435.
Any (ORBN) token holder can invest in a brand of their choice for only one dollar. If the firm fails to meet the funding goal, the capital is returned automatically to the investor thanks to smart contract technology. This added layer of protection, known as “fill or kill”, along with the safety and transparency of blockchain technology is what made ORBN’s price skyrocket as it nears its launch date.
This solid use case is what made Orbeon Protocol gain popularity and surge amidst the harshest crypto winter so far. While most crypto projects are still in the red or fighting to stabilize, ORBN has recorded unconstrained growth and proved its buoyancy in the highly volatile crypto market. If you are looking for crypto projects with positive developments this year, ORBN, ALGO, and APE may be exactly what you need.
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