Bullish sentiment carries Kyber Network Crystal (KNC), Orbeon Protocol (ORBN) and Uniswap (UNI) to new heights

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oi-Oneindia Staff

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Due
to
an
influx
of
newcomers
and
institutional
investors
searching
for
stable
income
and
unicorn
projects,
the
crypto
markets
are
starting
to
feel
bullish
and
optimistic.
Positive
sentiment
and
market
innovation
will
help
Kyber
Network
Crystal
(KNC),
Orbeon
Protocol
(ORBN),
and
Uniswap
(UNI)
to
new
heights.
Newcomer
Orbeon
Protocol
(ORBN)
is
currently
in
phase
two
of
its
presale,
and
analysts
are
forecasting
a
6000%
increase
in
the
value
of
this
token.

Representational Image


Orbeon
Protocol
(ORBN)
Set
To
Explode

Orbeon
Protocol
(ORBN)
is
innovative
because
it
solves
two
distinct
issues
facing
the
venture
capital
industry:
ease
of
raising
capital
quickly
for
companies
and
secure
and
affordable
entry
points
for
small
investors.

Startups
can
use
Orbeon
Protocol’s
NFTs-as-a-Service
option
to
raise
funds
needed
for
their
project’s
development,
which
allows
them
to
sell
fractionalized
equity-based
NFTs
to
investors.
This
service
helps
up
and
coming
companies
to
create
communities
around
their
products
and
get
funded
more
quickly.
In
addition,
investors
can
back
exciting
projects
for
as
little
as
$1,
making
the
pool
of
potential
investors
much
larger
for
new
companies.

Some
unique
safety
features
are
critical
to
the
Orbeon
Protocol,
which
helps
mitigate
risk
and
make
investing
a
more
appealing
option.
For
example,
a
“kill
or
fill”
mechanism
is
a
non-negotiable
part
of
its
smart
contract;
investors
can
get
refunded
if
the
company
they
back
fails
to
meet
its
funding
target
within
a
period.
Other
safeguards
include
a
liquidity
pool
that
is
locked
for
ten
years,
team
tokens
that
are
locked
for
one
year
and
then
distributed
quarterly,
and
the
overall
smart
contract
audited
by
Solid
Proof
give
small
investors
peace
of
mind.

The
ORBN
token
powers
the
ecosystem
and
will
provide
holders
with
access
to
funding
rounds,
governance
and
voting
rights,
reduced
fees
for
trading
and
transactions,
staking
rewards,
and
free
access
to
exclusive
investor
groups.

Due
to
its
broad
utility,
the
price
of
ORBN
tokens
is
expected
to
increase
by
over
6,000%
once
it
is
launched
in
various
crypto
exchanges.
Hence,
the
reason
for
the
high
demand
by
investors.

Only
40%
of
the
888,000,000
tokens,
starting
at
$0.004
each,
will
be
available
during
the
presale
period.
ORBN
tokens
are
expected
to
hit
$0.24
during
the
presale
phase.


The
Rise
of
Kyber
Network
Crystal
(KNC)

Kyber
Network
Crystal
(KNC)
is
the
native
token
of
Kyber
Network,
a
multi-chain
crypto
trading
and
liquidity
platform
that
enables
trading
across
various
blockchain
networks.

The
price
movement
of
Kyber
Network
Crystal
in
2022
has
been
highly
erratic.
As
the
network
upgraded
to
Kyber
3.0
and
unveiled
KyberSwap
as
a
rebranding
of
its
market
maker
protocol,
Kyber
Network
Crystal,
which
started
the
year
at
$1.29,
opposed
the
bearish
trend
across
the
cryptocurrency
markets
and
soared
above
$2.

Despite
a
vulnerability
in
the
website
code
of
Kyber
Network
Cystal
being
exploited
in
September,
allowing
attackers
to
steal
approximately
$265,000
worth
of
funds
from
the
platform,
Kyber
Network
Crystal
(KNC)
regained
some
of
these
losses
and
was
trading
at
$0.91.


Uniswap
(UNI)
Sees
Losses
and
Gains

Uniswap
is
a
decentralized
crypto
asset
exchange
platform
(DEX)
built
on
the
Ethereum
blockchain.
Uniswap
was
launched
in
November
2018
by
Hayden
Adams
and
has
since
become
one
of
the
most
popular
crypto
exchanges.

The
Uniswap
token
(UNI)
fell
from
$17.81
in
January
to
its
52-week
low
of
$3.37
in
June,
declining
at
a
rate
of
81%.
However,
news
of
an
upcoming
acquisition
of
Genie,
the
self-proclaimed
first
non-fungible
token
marketplace
aggregator,
caused
the
Uniswap
token
value
to
climb
to
$6,
making
it
more
attractive
to
investors.

As
of
September
2022,
there
were
more
than
762
million
Uniswap
tokens
in
circulation
out
of
a
total
supply
of
one
billion.
This
gave
Uniswap
a
market
cap
of
around
$5bn,
making
it
the
17th
largest
crypto
by
that
metric.
As
such,
Uniswap
is
considered
a
top
choice
for
many
investors
looking
for
strong
returns.

Story first published: Thursday, November 17, 2022, 20:04 [IST]