Decentraland (MANA) surged in price by over 85% in January, making it one of the best performing metaverse projects in the market. Although it experienced a slight price decline in February, many investors are optimistic about its growth in 2023.
At the same time, Orbeon Protocol (ORBN) has hit a new all-time high, surging in price to $0.071. With price increases expected for both projects, investors are buying Decentraland (MANA) and Orbeon Protocol (ORBN) at record rates.
You can buy Orbeon tokens here
Decentraland (MANA) is a DeFi Metaverse built on the Ethereum blockchain. It provides players with the opportunity to explore an entire new world in which they can buy and profit from land plots, interact with other gamers and complete in-game activities to earn Decentralands native token, MANA.
Decentraland (MANA) experienced controversy in 2022, after claims their player numbers were inflated. Many users stated they spent hours looking for other gamers without any luck, despite Decentraland (MANA) claiming they had a user base of over 300,000. Upon further investigation, some reports stated that daily player numbers could be as low as 379, suggesting the game isn’t as popular as it claimed.
Despite this negative media attention, Decentraland (MANA) thrived in January with an 85% surge in price. This took the value of Decentraland (MANA) to $0.7362, and spiked trading volumes not seen since 2021. Player numbers are now on the rise, with many returning to the game. Should this upwards trend continue, Decentraland (MANA) could become one of the best Metaverses available.
You can buy Orbeon tokens here
While Decentraland (MANA) has been bouncing back, Orbeon Protocol (ORBN) has been hitting consecutive all-time highs since its first presale in October 2022. First released at $0.004, Orbeon Protocol (ORBN) has already increased to $0.071, and is expected to hit highs of $0.24 before its presale ends.
The unique new project showcases a one of a kind DeFi launchpad, designed to help startups raise funds with NFTs. Using the Orbeon launchpad, vetted startups can sell NFTs that represent company equity and sell them to retail investors. This lets smaller investors own shares in their business while simultaneously helping the business raise funds for development.
To receive funding, startups need to hit certain funding targets to prove they have the potential to thrive. If these targets are hit, Orbeon Protocols (ORBN) “Fill” mechanic is triggered, and funds are released. However, if a business misses its targets Orbeon Protocols (ORBN) “Kill” mechanic is triggered, and investors are automatically refunded.
Besides its unique launchpad, Orbeon Protocol (ORBN) will also offer a decentralized wallet, swap and Metaverse, which is in the development stage. This ecosystem will use ORBN tokens for payments and will also reward ORBN holders with discounted fees, cashback, and staking bonuses.
With additional price increases imminent, investors are buying Orbeon Protocols ORBN tokens at record rates, looking to capitalize before its price increases again.
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