While Ethereum Rallies and Orbeon Protocol Reaches New Heights, Dogecoin Struggles to Gain Traction.
Ethereum (ETH) has been experiencing a surge in price, with its value hitting $1,791.68 and investors excitedly anticipating the end of the bear market. In contrast, Dogecoin (DOGE) has seen a decline in value by 15.21% over the past month, causing many investors to sell their DOGE and look for more profitable investments. The Orbeon Protocol (ORBN) has hit a new all-time high of $0.0921, attracting attention due to its aim to influence real-world startups through its multi-chain launchpad. Orbeon’s launchpad tackles issues in the crowdfunding market by allowing businesses to sell equity-backed NFTs to everyday investors, helping to diversify funding. Its presale is predicted to surge to $0.24 before it ends, making it one of the most in-demand projects throughout the DeFi presale market. Ethereum (ETH) has triggered a surge in trading volume as its price increases, with daily trading volume hitting $11.6 billion on March 20th. Ethereum’s plan to upgrade its staking processes puts it in a strong position to further dominate the DeFi market. Meanwhile, Dogecoin struggles to offer substantial returns and Elon Musk’s interests have shifted from cryptocurrency to AI. It’s possible that Dogecoin could be a one-hit wonder with little utility and much of its community dropping off. Overall, investors seem to be extremely bullish on Ethereum (ETH), making it a great investment for those with a high enough budget.