The Orbeon Protocol acts as a cryptocurrency crowdfunding platform, allowing everyday people to become venture capital investors.
It was created by a team led by CEO Lyobomyr Koval, COO Andrii Korchun and CMO Anna Dubyna.Its mission involves linking investors with crypto startups, providing exclusive investment opportunities and sources of funding.
However, after we have thoroughly examined the project, they found substantial concerns about the Orbeon Protocol’s legitimacy, indicating a possible risk of fraud.
The ORBN makes investment opportunities, previously only available to big institutions and wealthy individuals, accessible to everyone.
It works like crypto launchpads, letting people invest in startups early and convert their equity into NFTs. These NFTs, secured by smart contracts, promise refunds if a project doesn’t meet its funding goals, protecting investors from underfunded projects.
$ORBN token holders enjoy perks like cashback, lower fees, access to private groups, governance rights, and staking options.
Presale
The Orbeon Protocol presale kicked off in November 2022 and has reached its eighth phase of twelve. ORBN tokens are not broadly available in the open market yet.
Buyers of ORBN during the presale must wait until the final sale concludes to get their tokens, facing a 4% tax on purchases and an 8% tax on sales.
The ORBN launch faces delays, with no solid price forecasts currently. In the future, the Orbeon Protocol aims to list on standard, centralized exchanges and introduce its metaverse.
However, the Orbeon Protocol faces serious issues that tarnish its reputation. Questions about the integrity of its smart contracts and the credibility of its audit firms, Coinsult and Solid Proof, have emerged, raising concerns.
Other worries include ORBN’s price volatility, missed roadmap targets, inactive social media presence, and connections to previous scams. The team’s lack of engagement with these issues has increased skepticism among potential investors.
What is ORBN token?
You need the $ORBN token to start and join campaigns, and it also reduces trading fees. The token offers various incentives to the community, investors, and those who get in early.
By staking their tokens, users can gain full benefits and passive income, depending on how much and how long they stake.
The Orbeon token, with the ORBN ticker, boasts a total supply of 888 million tokens. It debuted on April 4, 2023, at a starting price of $0.004 ($1 buys 250 ORBN tokens) and operates on the Ethereum blockchain, with 470.64 million tokens allocated for its presale.
How to buy Orbeon protocol
You can buy ORBN on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular choice. Here, the ORBN/WETH trading pair sees the most action, having a trading volume of $55.66 in the last 24 hours.
The Orbeon Protocol (ORBN) has a daily trading volume of $54.51, marking a 0.00% increase from the previous day and indicating a spike in market activity.
Orbeon Protocol (ORBN) reached its all-time high price of $0.1872 on Apr 09, 2023 (12 months ago). The current price is significantly lower than this peak.
The all-time low price for Orbeon Protocol (ORBN) was $0.0003538, recorded on Feb 02, 2024 (about 2 months ago). The current price is significantly higher than this lowest recorded price.
ORBN has a fully diluted valuation (FDV) of $411,604, which assumes all 890 Million ORBN tokens are circulating. Achieving this FDV may take several years due to the token emission schedule.
The protocol has seen a 0.00% price increase over the last week, underperforming the global cryptocurrency market’s 13.70% rise and similarly lagging behind Ethereum Ecosystem cryptocurrencies, which are up 12.70%.
Orbeon Protocol price prediction
Our algorithm-based price prediction suggests a decrease of 228.04% in the Orbeon Protocol (ORBN) price over the next month, with an anticipated value of $0.001447 by April 24, 2024.
Furthermore, we project a significant increase of 180.25% in ORBN’s price within the next six months, aiming for a target price of $0.001236 by September 21, 2024.
These forecasts are based on current market trends and algorithmic analysis, providing a speculative outlook on the future movement of Orbeon Protocol’s price.
Will Orbeon Protocol reach $1 dollar?
Orbeon Protocol would need to gain 226,597.99% to reach $1. According to our Orbeon Protocol prediction algorithm, the price of Orbeon Protocol will not reach $1. The highest expected price our algorithm estimates is $ 0.018967 by Jan 1, 2049.
Bottom Line
Orbeon aims to connect investors with crypto startups for unique investment opportunities.
The ORBN token democratizes investment, allowing public access to early startup investments and transforming equity into NFTs for investor security. These NFTs offer refunds if funding goals fail, protecting against investment in underfunded projects.
Token holders get benefits such as cashback, lower fees, private group access, governance rights, and staking.
Predictions don’t foresee ORBN reaching $1, with the highest estimate being $0.018967 by January 1, 2049, indicating a long journey ahead for potential gains.
However, despite its potential, serious concerns about its legitimacy suggest a risk of fraud.
