The post EthereumPoW (ETHW) And WOO Network (WOO) Holders Are Purchasing More Orbeon Protocol (ORBN) appeared first on Coinpedia Fintech News
With portfolio diversification a common practice in the crypto world, it’s not surprising that more cryptocurrency investors are adding Orbeon Protocol (ORBN) to their portfolios.
Why are an increasing number of EthereumPOW (ETHW) and Woo Network (WOO) holders adding Orbeon Protocol (ORBN) to their portfolios and why should you consider adding Orbeon Protocol (ORBN) tokens to your digital assets?
EthereumPOW (ETHW) Proves Investors Wrong
EthereumPOW (ETHW), as the name suggests, is an Ethereum (ETH) blockchain hard fork with Ethereum Edge. Thanks to Merge, Ethereum (ETH) transitioned to proof-of-stake (PoS) while proof-of-work (PoW) is the forked version’s underlying principle.
By cloning Ethereum (ETH), EthereumPOW (ETHW), stablecoin users, and decentralized applications (dApp) developers can choose their preferred network to support.
The EthereumPOW (ETHW) network is powered by proof-of-work (PoW), the same security mechanism securing the Ethereum (ETH) blockchain. The EthereumPOW (ETHW) network is the preferred choice of some builders over PoS, the alternative security mechanism.
EthereumPoW (ETHW) holders are currently looking to add other cryptos to their portfolios, thanks to the former’s disappointing poor run that cost investors a significant percentage of their investments.
Six months ago, an EthereumPOW (ETHW) token was valued at $141.36 but is now valued at $3.71 per EthereumPOW (ETHW) token. Thus, more ETHW holders are acquiring more varied tokens.
WOO Network (WOO) Continues its Disappointing Freefall
WOO Network (WOO) is another crypto project whose dissatisfied WOO Network (WOO) token holders are boosting their crypto investment with other acquisitions.
WOO Network (WOO) is a special crypto project for connecting exchanges, traders, decentralized finance (DeFi) platforms, and institutions to give them democratized access to the best trading execution and liquidity at a highly reduced price or zero cost.
Since WOO Network (WOO) was launched in October 2020, WOO Network (WOO) token holders have been disappointed by its poor run. From an all-time high value of $2.48, it fell freely until its current value of $0.1748 per WOO coin. It’s not clear whether the WOO Network (WOO) token will continue its descent or things will improve in the foreseeable future.
Orbeon Protocol (ORBN) Justified Investors’ Confidence
While most token holders are considering better alternatives, Orbeon Protocol (ORBN) token records more investors as an increasing number of WOO Network (WOO) and EthereumPoW (ETHW) holders turn to the token to boost their digital investment.
Orbeon Protocol (ORBN) was created as a platform for users to raise funds for their businesses by connecting with venture capitalists. Those looking for brilliant investment ideas can also find worthy investment ideas on Orbeon Protocol (ORBN).
Fundraising opportunities aside, Orbeon Protocol (ORBN) offers users a Launchpad to launch their businesses and take them to their target audience across the globe via the protocol’s ecosystem. They can also leverage Orbeon Swap to exchange their digital assets or purchase cryptos and NFTs via Orbeon Wallet, the protocol’s digital wallet.
Orbeon Protocol (ORBN) users can also purchase company-backed non-fungible tokens (NFTs) while looking forward to the integration of the Web3 metaverse.
The planned addition to the ecosystem includes Orbeon Exchange, Round Table, and Orbeon Investors Club, features that will improve user experience on the platform.
The ORBN utility token powers the ecosystem and offers users governance rights, discounts on transactions and trading, staking bonuses and rewards, as well as other incentives.
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