This year, Polkadot (DOT) and Filecoin (FIL) are attempting to rebound after the crypto market crash in 2022. On the other hand, Orbeon Protocol (ORBN) – a project in stage 8 of its public presale – has been exciting investors worldwide due to the innovation it brings. Keep reading to find out more about all of these coins.
Polkadot (DOT)
Polkadot (DOT) is intended to make it possible for blockchains to communicate and trade with one another in a decentralized manner. As a coin, Polkadot (DOT) can be used for staking and to pay transaction fees.
The prediction software – Zeitgeist recently revealed that it plans to migrate to Polkadot (DOT). This news was praised by the Polkadot (DOT) community as its coin price surged by 10% over the last week. At the moment, Polkadot (DOT) is trading for $6.88 with a $7.9B market cap, a jump in the past 24 hours.
Sentiment around Polkadot (DOT) is bullish, but analysts do not see it reaching $10 anytime soon. They predict a short-term rally to $8 may come, but a reversal to $6 will follow for Polkadot (DOT).
Filecoin (FIL)
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At its core, Filecoin (FIL) is a decentralized storage network founded on the InterPlanetary File System (IPFS). Using the Filecoin (FIL) token, you can restore data and pay for storage on the network.
In recent developments, Filecoin (FIL) is getting ready to debut the Filecoin Virtual Machine (FVM), which will give a runtime environment for smart contracts. Investors are growing more excited about this new launch, expected to come in March, and the Filecoin (FIL) coin price reflected that in the past week.
Filecoin (FIL) soared 44% in the last seven days reaching $8.66 as its weekly high. However, the bullish movement has cooled off as Filecoin (FIL) has a worth of $7.92 currently. This is a decrease of 6% overnight, and unless bulls manage to retake control, analysts predict a fall to $6 for Filecoin (FIL) in the short term.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) seeks to positively change the rising crowdfunding industry by establishing the first blockchain-based crowdfunding platform. The Orbeon Protocol (ORBN) platform will mint, fractionalize and sell non-fungible tokens (NFTs) underpinned by tangible equity in startups for prices as low as one dollar.
These Orbeon Protocol (ORBN) tokens represent financing rounds for up-and-coming businesses that any investor can buy in – no matter your net worth. Moreover, Orbeon Protocol (ORBN) uses a safety feature dubbed “Fill or Kill” to safeguard users. This feature ensures all investors are instantly refunded if a project fails to meet its financing goal – excellent news for potential investors.
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The Orbeon Protocol (ORBN), which the ORBN coin will power, will also introduce an Orbeon Wallet, Swap, and Metaverse expansion. Holders of this token will bring passive income through staking, up to 50% discounts on trading fees, and more – for the current price of only $0.0766. But as Orbeon Protocol (ORBN) becomes more widely adopted, analysts believe ORBN could reach $0.24 by the conclusion of the Orbeon Protocol (ORBN) presale.
