Orbeon Protocol and Popsicle Finance rallied this week.
This week, Orbeon Protocol (ORBN) is in the lead with its utility token, ORBN, which is up 805% during its pre-sale, and runner-up Popsicle Finance (ICE) saw a 285% rise over the past week.
ORBN is currently in the third phase of its presale, selling for $0.0362, and focused on revolutionizing VC investing. Popsicle Finance, on the other hand, focuses on providing liquidity for DeFi projects, and saw a surge in popularity due to the return of its founder.
Orbeon Protocol (ORBN) Surged 805% as the Project’s Presale is Getting Close to the Phase 3 Halfway Mark
Orbeon Protocol (ORBN) is a revolutionary new way for investors and startups to work together. With the help of ORBN, startups no longer need venture capitalists to get the money they need to grow. Instead, they can build a community, as well as raise money directly from the people who are part of it.
Startups looking to raise capital can use Orbeon Protocol platform to mint and issue fractional, equity-backed NFTs as a way of investing. Since these NFTs are fractionalized, regular investors can purchase them for as little as $1. Orbeon Protocol (ORBN) makes it much easier and faster than ever for startups to raise money.
Orbeon Protocol uses a “Fill or Kill” mechanism to keep investors safe from failed fundraising rounds. The mechanism is built into the smart contract, and if the fundraising doesn’t work, the money will be automatically returned to the investors.
ORBN, the project’s native utility token, makes this entire Orbeon Protocol ecosystem work. During the pre-sale, there was a lot of interest in ORBN, because the token has many uses, such as bidding for passive income, and project governance rights, among others.
ORBN is already up over 805% on its presale, from $0.004 to $0.362, after competing in phases one and two. Analysts believe that Orbeon Protocol will increase by more than 6,000% during the pre-sale period.
Popsicle Finance (ICE) Soars Nearly 300% Following Founders Return News
Popsicle Finance (ICE) is a performance aggregation technique, first introduced in Fantom (FTM). Controversial but successful Blockchain creator Daniele Sestagalli has announced his return to the project, causing the native token of Popsicle Finance (ICE), a decentralized finance (DeFi) performance and market-making protocol, to skyrocket. Popsicle Finance (ICE) soared nearly 300% on news of Sestagalli’s return to the project.
Limone and Fragola are the two main products offered by Popsicle Finance. Fragola is a Uniswap V3 optimizer that runs on Ethereum and Arbitrum, while Limone is a newly developed multi-chain performance optimizer on Avalanche Testnet that allows users to passively provide liquidity on the exchange, as well as earn significant interest. The future need for such a performance aggregation methodology will determine how quickly Popsicle Finance expands.
The ICE cryptocurrency serves as Popsicle’s governance token. Aiming to be a fully decentralized platform, Popsicle Finance will be run by its users, who are the owners of the ICE governance token. Voting on proposals for protocol updates, pool additions, fee management, and other important operational facets of the protocol will be done using the ICE token.
By Audy Castaneda
