We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
Join Our Telegram channel to stay up to date on breaking news coverage
Not many cryptocurrencies get the recognition they deserve – some are undervalued, while others are overpriced. Still, the crypto market has proven it can self-correct these valuations over time. To paint the picture, consider the 2020-2021 NFT craze, where collectibles were overhyped. Eventually, the dust in the NFT space settled. Today, pricing is more reasonable.
Lately, most crypto projects have taken hits due to the bearish markets. Some platforms, like LUNA and FTX, outrightly collapsed as they were excessively valued but lacked a robust framework. On the other hand, others like Oryen are showing investors how much they miss out because of sub-par valuation.
Oryen Network is a staking protocol built on Binance Smart Chain (BSC). The platform is run entirely by the community, enabling P2P interactions and offering the ultimate DeFi experience. Oryen’s interest payouts are the highest in the crypto staking sector – up to 90% fixed APY. The platform settled on fixed returns to offer reliability in earning passive income, unlike most platforms whose rates fluctuate with market conditions.
Oryen Network’s underlying architecture drives the powerful staking technique. First, the Oryen Autostaking Technic (OAT) simplifies staking while maintaining high returns for users. Then, the Risk-Free Value wallet and Treasury hold assets in secure reserves deployed to stabilize Oryen’s native token, $ORY, during bearish markets.
Crucially, $ORY is a rebase token, meaning its supply is elastic and will shrink or expand according to the current market price. As such, when the token price slides, the supply also falls, thereby inducing more demand to cause a price surge. The token has far-reaching utility as a trading currency and an investment asset.
Solana is a powerful blockchain featuring high scalability, low gas fees, and uncompromised security. The project, which started in 2017, is built to offer an unmatched DeFi experience for users. Its salient feature – the proof-of-history consensus mechanism – enables the chain to scale significantly. This way, DApps on the protocol have enhanced usability.
Solana’s native utility token, $SOL, is the lifeblood of the ecosystem. Crypto fuels transactions on the network and is in high demand as individuals and institutions integrate the blockchain into their operations. However, during the FTX meltdown, it was revealed that FTX’s sister company, Alameda Research held a significant amount of $SOL. This drove panic among $SOL holders, causing the token to plunge over 60%.
Polygon is the first blockchain platform to offer a well-thought-out and simple Ethereum scaling solution. The Layer 2 blockchain integrates the best of Ethereum while adding scaling features to the underlying Ethereum network. As such, Polygon apps enjoy the security and decentralization of Ethereum with added scalability.
The Polygon SDK powers app development on the blockchain. These processes are enabled by Polygon’s native token, $MATIC. Also, $MATIC rewards validators, delegators, and other network users. In light of the FTX collapse, $MATIC has plummeted 35%, which is a strong performance compared to other top coins.
While mega crypto downturns like the LUNA and FTX crash may cause huge losses to investors, these events often shake up the market to keep only viable projects standing. Projects that stay on their feet and continue growing demonstrate their robust utility and powerful performance.
One such project is Oryen. The project is steady and has surged 200% during the crypto storm. Many traders have noticed that the project is greatly undervalued and are joining the platform to grow their assets.
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Join Our Telegram channel to stay up to date on breaking news coverage
Join Our Telegram channel to stay up to date on breaking news coverage Sellers’ …
Ask us Now!
Related Posts
