Dogecoin (DOGE) Price Falters as Bitcoin (BTC) and Orbeon Protocol (ORBN) Hold Steady
Dogecoin, the largest meme cryptocurrency with a market cap of over $10 billion, has experienced a decline in value as its hype dies down, with its daily trading volume hitting a monthly low on February 27th. This suggests that investors are looking elsewhere to make a profit, damaging confidence in the Dogecoin project. On the other hand, Bitcoin remains strong, having reached a monthly high of $24,982 before decreasing slightly to $23,696. Analysts predict additional price surges once Bitcoin pushes past the $25k barrier, which will likely lead to another growth surge in the market, similar to the one experienced in January. This is bullish news for Orbeon Protocol, a new DeFi project that has already increased in price from $0.004 to $0.0835 in stage nine of its presale in just four months. Orbeon Protocol offers everyday investors the ability to invest in startups for the first time through its launchpad, with NFTs that represent shares in vetted startups. Each NFT is fractionalized, so a percentage can be purchased for as little as $1, and utilizes a built-in feature known as “Fill or Kill” to keep investors safe. In addition to its launchpad, Orbeon Protocol will also introduce a metaverse, swap, exchange, and decentralized wallet. Orbeon Protocol tokens will be used to make transactions throughout the Metaverse, and are quickly selling out during stage nine of the Orbeon Protocol presale, with the expectation that Orbeon Protocol will hit at least $0.24 before its presale is complete.
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