As we enter 2023, the internet is full of articles analyzing various cryptocurrencies. Though 2022 hasn’t been a great year for many tokens like The Sandbox (SAND) and Aave (AAVE), it has set the stage for new crypto companies like Orbeon Protocol (ORBN) to take the lead in 2023.
The Sandbox’s (SAND) 2022 Performance is Not Encouraging Investors to Give it a Chance
The Sandbox (SAND) is a P2E gaming ecosystem where players create assets and monetize them on the platform. The Sandbox (SAND) combines gaming and NFT skills to provide an engaging platform for gamers to earn money. However, statistics show that The Sandbox (SAND) had fewer than a thousand active users per day. This led The Sandbox’s (SAND) price to crash quickly. Furthermore, many investors considered The Sandbox (SAND) too risky. Though The Sandbox’s (SAND) price has gone up by 6.77% recently, it is still at $0.44, at the time of writing. The highest price The Sandbox (SAND) ever reached was on 29th November 2021 at $7.53. Despite The Sandbox (SAND) being one of the latest cryptocurrencies to be built on Metaverse, it is yet to keep people interested.
Aave (AAVE) Might be a Promising Short-Term Crypto Token, but Can It Survive in the Long Term
Aave (AAVE) was built on the Ethereum blockchain and has expanded to other blockchains over time. Aave (AAVE) also offers DeFi services and uses the Polygon ecosystem. There are 16,000,000 Aave (AAVE) tokens, with 14,093,193 in circulation. Aave’s (AAVE) price is $55.19, at the time of writing, after increasing by 3.81%. However, Aave (AAVE) hasn’t been near its highest price for a long time. Aave’s (AAVE) price touched $629.23 on 19th May 2021. The price of Aave (AAVE) token stayed above the $100 mark until May 2022, and tried to cross the threshold a few times. However, Aave (AAVE) couldn’t shoot up as expected. Experts state that Aave (AAVE) may deliver short-term benefits but are doubtful about long-term results.
Orbeon Protocol’s (ORBN) Ecosystem, Features, and Price Make it a Market Favorite
Orbeon Protocol (ORBN) has 888,000,000 tokens, with 40% of the total supply made available for the public during the presale. Orbeon Protocol’s (ORBN) initial presale price was $0.004 and it has risen to $0.0435 for stage three of its presale. Orbeon Protocol’s (ORBN) smart contract is audited by Solid Proof. Orbeon Protocol (ORBN) offers a powerful ecosystem for crypto lovers to swap, trade, and invest through highly secure exchange and wallet. Orbeon Protocol (ORBN) offers a unique feature for venture capitalists and crowdfunding projects. The ‘Fill or Kill’ mechanism used by Orbeon Protocol (ORBN) safeguards investors’ money. The funds will be automatically credited to the investors’ accounts if the project doesn’t meet its goal within the deadline. Moreover, Orbeon Protocol (ORBN) has plans to integrate its ecosystem with Metaverse to facilitate virtual networking. With so many offerings, experts are sure that Orbeon Protocol (ORBN) will become one of the top cryptocurrencies soon. Experts are saying that Orbeon Protocol (ORBN) is a good investment option, and investors also stand a chance at getting a 10% discount by buying tokens in phase three of the presale.
Find Out More About The Orbeon Protocol Presale
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
Buy back mechanism of Bitgert 31st January 2023
Words from Founder: It’s not always about scaling up the ecosystem, but also about scaling up the wealth of our investors – GERT SANEM
What’s new ??
1. Buy back and burn
2. Starting from 3rd Feb 2023
3. About 2-3 million dollars worth of Bitrise would be burned every month
4. Attracting huge partnerships and investment opportunities for all
Recently the Bitgert team has announced their CVSO mechanism, which talks about buying back the tokens and burning (Destroying) them. This development comes after a well thought process and with communities demand for burning mechanism. Gert sanem, while AMA with community, talked about recent developments. Rephrasing his words, What you sell would be bought back and burned, giving the community something to cherish.
What next:
What can the industry expect.
With this announcement Bitgert claims its position with those projects who have already implemented these strategies. Though Bitgert’s strategy is a bit different, as the team has two burning mechanism in place, one for BEP20(daily) and another for BRC20 and BEP20 (monthly). Decreasing the supply, which would increase demand, adoption, usecases and price in the long run
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Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
