The crypto market has followed a downward trend going into March. Many cryptocurrencies are facing a second price correction following the highs of February, with Uniswap being down by 4.41% in the past 24 hours. Meanwhile, Binance Coin (BNB) is up by 0.29%, and Orbeon Protocol (ORBN) value stands at $0.0835 already and is expected to hit a new all-time high in the next few days.
Could Binance Coin (BNB) be the winner of March?
Binance Coin (BNB) has been one of the best-performing cryptocurrencies in the past 24 hours. While most alternatives have declined, Binance Coin (BNB) is up by 0.29%, with one BNB priced at $288.55. Currently ranked the fourth largest cryptocurrency in the world, Binance Coin (BNB) is the utility token of the Binance exchange.
Binance Coin (BNB) was created to promote trading on the Binance exchange; however, it’s now a strong investment in itself and is used for promotions and trading in cryptocurrency/BNB pairs.
Over the last 24 hours, Binance Coin’s (BNB) daily trading volume has increased by 15.77% to $452 million, with many investors anticipating additional price increases in March following Binance Coins’ (BNB) strong performance.
Uniswap (UNI) recovers from 2022 but its price is down
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Uniswap (UNI) is the largest decentralized cryptocurrency exchange specializing in ERC-20 tokens. Uniswap (UNI) is best known for its anonymous trading, lucrative staking opportunities, and extremely low transaction fees.
Over the past two months, Uniswap (UNI) has increased by over $1 to $6.12, though its daily value is down by 4.41%. Daily trading volume for Uniswap (UNI) is also down, below $100 million for the past 12 days. With the government regulation of crypto tightening, this decline could be a sign that investors may be afraid of investing in decentralized platforms, which could have a huge impact on the market.
How high will Orbeon Protocol (ORBN) go in March?
Orbeon Protocol (ORBN) has continuously outperformed the cryptocurrency market. Over the last four months, Orbeon Protocol (ORBN) has increased in price by 1988%, while most currencies have increased by less than 50%. This monumental price hike has helped Orbeon Protocol (ORBN) gain international attention, with thousands of new buyers investing in Orbeon Protocol (ORBN) tokens daily.
New businesses can use Orbeon Protocol (ORBN) to raise funds from everyday DeFi investors without a resource-intensive application process. The current methods to raise funds include relying on venture capitalists or banks, who will often charge huge interest rates for the money they offer.
Using Orbeon Protocols (ORBN) DeFi launchpad, vetted startups can create and sell NFTs backed by business shares, raising money without relying on a centralized body. With several security features in place and having passed external audits, all Orbeon Protocol (ORBN) transactions are designed to be safe and maximize profits.
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Orbeon Protocol (ORBN) is selling for $0.0835 during phase nine of its presale. This phase is predicted to sell out within the next week, after which Orbeon Protocol (ORBN) is expected to hit a new all-time high.