Cosmos (ATOM) and Orbeon Protocol (ORBN) are solving crucial issues within the Web3 space, as Cosmos (ATOM) aims to be the next-generation blockchain network. Orbeon Protocol (ORBN), on the other hand, will change the way we speak and think of startup investments. Analysts expect ORBN to rally more than 6000% in its presale. Solana (SOL) was heavily exposed to FTX, and with FTX crashing, so did Solana (SOL).
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Cosmos (ATOM) is a decentralized network of blockchains that can work together. It gives independent blockchains a safe place to talk to each other and trade data and digital assets.
Instead of putting its network first, Cosmos (ATOM) wants to solve a big problem in blockchain technology. So, its goal is to create an ecosystem of programmable networks that can share data and tokens without the help of a major party.
Cosmos has its currency, which is called ATOM token. The token helps keep the Cosmos zones working together and can be used to pay network fees, make transactions, trade, or stake.
ATOM is also different because it uses Cosmos network’s proof of stake mechanism. The Cosmos chain of validators has also grown a lot. Since the crypto crash, the price of ATOM has gone down a lot, and it is now trading for $10.17.
Orbeon Protocol (ORBN)
Orbeon Protocol is a decentralized investment platform that lets anyone buy fractionalized NFTs for as little as $1 to participate in exciting new startup investment opportunities.
These fractionalized NFTs are issued as equity to regular investors, who can use this system to enter the venture capital market. This also lets new businesses and entrepreneurs raise money and build their communities simultaneously
Orbeon Protocol uses smart contracts to protect user’s funds. For example, if a project doesn’t raise enough money to meet its goal, the “fill or kill” mechanism gives the investors their money back.
Since investors can now enter venture capital markets that were closed before, the native ORBN coin of the Orbeon ecosystem is in high demand. ORBN holders get a lot of benefits, such as staking bonuses, voting rights, lower transaction costs, and more.
Orbeon Protocol (ORBN) started the presale by selling tokens for $0.004 each, but the price has since risen by 260% to $0.014. Experts predict that the price of ORBN will go up to around $0.24 per token, for a total increase of about 6000%.
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Solana’s 91% drop may be the biggest surprise of the crypto crash. This is surprising because, based on market capitalization, Solana is the 14th-largest cryptocurrency.
Solana was once a successful blockchain platform called the “Ethereum Killer.” No one would have thought that it would fall so quickly.
Sam Bankman-Fried, who also started FTX, started a trading company called Alameda Research. This company gave Solana the most money. It didn’t help that Sam Bankman-Fried also relied on Solana to become a worthy competitor to Ethereum. When you put two and two together, you get a lot of selling pressure.
Solana’s price has dropped significantly because of all the controversies surrounding it. Now, SOL trades for $14.2, which is 94.5% less than it was before.
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