Bitcoin (BTC) is the king of the crypto market and continues to dominate the market with its strong performance. In fact, Bitcoin (BTC) has a current market dominance of 42% - showing the unwavering strength of Bitcoin (BTC) in the crypto market.
Unfortunately, 2022 was a rough year for Bitcoin (BTC) and saw its price drop from a high of nearly $69,000 to a low of $15,600. However, recently the Bitcoin (BTC) market has seen a strong reversal and its price is now back above $22,000.
This surge in Bitcoin (BTC) prices has shifted the crypto market and is driving the total market capitalization to over $1 trillion. If the Bitcoin (BTC) bull run really is here to stay, the total crypto market capitalization could potentially reach $3 trillion, especially if Bitcoin (BTC) hits the long-term goal of $100,000.
Solana (SOL) is another major project in the crypto market that has been driving the surge in total market capitalization. Solana (SOL) is a high-performance blockchain protocol designed to scale to handle millions of transactions per second and offers low-cost transaction fees.
Solana (SOL) has experienced an incredible surge in prices over the past several weeks, with its price rising from $8 to a current price of $25. Solana’s (SOL) parabolic rise has made Solana (SOL) one of the strongest projects in the crypto market and is a major contributor to the total crypto market capitalization.
However, the $25 price point marks a strong resistance and it remains to be seen if Solana (SOL) will be able to break it. This was the price of Solana (SOL) before the FTX scandal occurred in November 2022, so it'll be interesting if investors can regain confidence in Solana (SOL) and push its price further.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) has arrived to revolutionize the crowdfunding industry, which has remained stagnant for over a decade. Orbeon Protocol (ORBN) does this by tokenizing startup equity into NFTs that are sold to investors around the world.
For startups, Orbeon Protocol (ORBN) offers a low-cost way to raise funds and tap into the crypto community for support. For investors, Orbeon Protocol (ORBN) provides access to early-stage investments that have previously been out of reach.
Orbeon Protocol’s (ORBN) smart contracts tie everything together and make the process of investing in startups more secure and efficient than ever before. For example, there is a 'Fill or Kill' mechanism that automatically executes refunds if startups don't raise enough funds to meet their goals.
The ORBN token will be used as the native currency of the Orbeon Protocol (ORBN) platform, as well as to incentivize investors and startups to use the platform. In fact, holding ORBN grants first access to new opportunities, staking rewards, fee discounts, and governance rights.
The good news is that ORBN tokens can be purchased for a discounted rate during the final stages of the Orbeon Protocol (ORBN) presale. This is an excellent opportunity to get in early on the next revolutionary crowdfunding platform.
Find Out More About The Orbeon Protocol Presale
Total Crypto Market Cap Reaches $1 Trillion As Orbeon Protocol (ORBN), Bitcoin (BTC) and Solana (SOL) Gain Momentum
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