• The crypto market is experiencing a volatile period, with some coins experiencing significant losses while others are seeing substantial gains.
• Two such coins that have seen a significant drop in value are OKB (OKB) and Solana (SOL).
• Meanwhile, Orbeon Protocol (ORBN) has skyrocketed 1400% in the presale.
Crypto Market Volatility
The crypto market has been going through a volatile period, with some coins taking big losses while others making large gains. Two of the coins that have taken a big hit are OKB (OKB) and Solana (SOL).
OKB (OKB)
OKB (OKB) is the native currency of the OKX exchange platform, one of the most popular places to buy and sell cryptocurrencies today. The OK Blockchain Foundation owns this token which is an ERC-20 token on Ethereum’s chain. It can be used to pay fees and rewards on staking as well as giving voting rights to holders. It had a good start at the beginning of 2021 but now its price is dropping again and it’s trading at $35.87, less than its all-time high.
Solana (SOL)
Solana (SOL) is an open source project using permissionless blockchain technology to offer decentralized financial services. Although development started in 2017 it wasn’t until 2020 when it was made public by the Solana Foundation in Geneva, Switzerland. This platform uses Proof-of-stake & Proof-of-History protocols for security and quicker transactions, which makes developers, institutions & businesses interested in its features yet it’s now trading over 90% lower than its ATH.
Orbeon Protocol (ORBN)
Orbeon Protocol(ORBN) is an innovative decentralized investment platform aiming to revolutionize crowdfunding and venture capital industries by fractionalizing NFTs backed by equity assets in order to facilitate investments of any size from anywhere around the world regardless of investor location or income level. During its fourth presale phase, ORBN has seen a massive surge of 1,400%. Experts believe this influx will continue as more investors become aware of its potentials & capabilities..