Dogecoin, Orbeon Protocol, Shiba Inu Price Prediction 2030: Hold or not?
With so many projects offering the possibility of significant rises in token price, it’s only natural that investors are taking the time to consider which are the best options to hold for the long term. For Dogecoin (DOGE) and Shiba Inu (SHIB), many will be wondering if their growth will continue — especially considering the success of exciting new alternatives such as Orbeon Protocol (ORBN), which is in stage 1 of its presale phase, with 40% of ORBN tokens up for grabs.
Dogecoin – The Battle Against Token Inflation
Dogecoin is undoubtedly the most famous memecoin out there, with celebrity backers like Elon Musk dramatically increasing the world’s awareness of the project as well as its fun and friendly community.
Some have suggested that Dogecoin is sure to rise again over the long term. With Musk now in charge of Twitter, it remains to be seen what that could do to Dogecoin, but in order to rise, Dogecoin faces a number of challenges.
While Bitcoin is locked at a maximum of 21 million tokens, Dogecoin has an infinite supply, with five billion Dogecoin produced every year. At its all-time high of $0.73, this would mean that Dogecoin would need to find $3.65 billion each year just to maintain its market cap.
In addition, search volumes for Dogecoin increased 100-fold between December 2020 and April 2021. This has led many to question whether market awareness has now matured versus other projects — something Dogecoin would need to develop utility to offset.
Shiba Inu – A Dogecoin copycat
Shiba Inu, in many ways, has followed Dogecoin’s lead in the memecoin space. It runs on the Ethereum blockchain and, despite only being created in 2020, has seen a similar spike in price before dropping like a stone.
Shiba Inu has attempted to offer more utility than Dogecoin, with a basic staking offering, but has struggled to find a clear route to broader utility. This means that there is some skepticism around holding SHIB for the long term and whether there’s actually enough potential to really see much growth.
Orbeon Protocol – High Utility Disruptor
In contrast to Dogecoin and Shiba Inu, there is much excitement from seasoned cryptocurrency experts around a new project named Orbeon Protocol. By functioning as a decentralized investment platform that allows businesses to acquire funding by providing investors with equity-backed NFTs, Orbeon Protocol unlocks a new market that until now has been unavailable. This is done using its launchpad, Orbeon Exchange, which forms part of its comprehensive ecosystem alongside Orbeon Swap and the Orbeon Wallet.
Orbeon Protocol allows these early-stage startups to be minted as fracitonalized NFTs, which can be purchased for as low as $1 by everyday investors as a form of equity. This allows the startups to raise capital quicker than traditional crowdfunding whilst also opening up the previously-gated venture capital industry to everyone.
The project’s native ORBN token is used not only for governance and rewards but also for staking, which allows holders to make passive income. In addition, holding the token provides access to exclusive funding rounds of the most exciting projects, and so the token’s importance increases as the platform’s usage grows.
It’s no surprise in light of this that Orbeon is viewed by many as the clear choice for long-term holders to lock in their profits. It’s certainly clear that in comparison to projects like Dogecoin and Shiba Inu, Orbeon Protocol is by far the strongest investment opportunity — with analysts predicting an incredible 6,000% increase during the presale, from its initial price of just $0.004.
Find Out More About The Orbeon Protocol Presale
Presale: https://presale.orbeonprotocol.com/register
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Disclaimer : The above is a sponsored article and the views expressed are those of the sponsor/author and do not represent the stand and views of The Tribune editorial in any manner.
