Ripple (XRP), Litecoin (LTC) and Orbeon Protocol (ORBN)



Crypto markets saw heightened volatility following news of FTX’s collapse. The prices of many major coins fell as the community rushed to reassess their wallets.

But even amidst all the uncertainty, some pieces managed to stand out from the crowd. Here’s a look at three interesting projects and how they fared in this market. These are Ripple (XRP), Litecoin (LTC) and Orbeon Protocol (ORBN).


Ripple (XRP)

Ripple is a project that aims to provide a blockchain-based solution for global payments. The team behind Ripple has worked hard to get major financial institutions behind their vision.

However, Ripple has been embroiled in a lot of controversies lately. The United States Securities and Exchange Commission (SEC) filed a complaint against the company for selling securities without a license. The SEC alleges that Ripple’s token, XRP, constitutes unregulated security. This has caused a lot of uncertainty among crypto enthusiasts.

In fact, recent reports show that Ripple is unlikely to win the lawsuit. Miles Jennings, senior legal counsel at venture capital firm Andreessen Horowitz, said he had no hope for Ripple. A loss in court could have a significant impact on Ripple and XRP, which is why the community is cautious about this coin.

Litecoin (LTC)

Litecoin is a cryptocurrency designed to provide fast, secure, and low-cost payments by taking advantage of the unique properties of blockchain technology. It was created in 2011 by Charles Lee, a former Google engineer, who calls it the “most fungible currency there is”.

Litecoin is based on Bitcoin and aims to solve the same problem – providing sound money in the digital age. However, Litecoin differs from Bitcoin in several ways. One of them is that Litecoin uses a different proof-of-work algorithm, which is designed to be more efficient and easier to verify than the Bitcoin algorithm. This means that Litecoin transactions can be confirmed faster and cheaper. These characteristics make Litecoin an attractive option for merchants and consumers.

Recently, Litecoin has seen a huge rebound, jumping 36% in two days ahead of the network’s 11th anniversary. The digital currency was less affected by the FTX crash. That’s why it’s definitely worth keeping an eye on this bitcoin competitor.

Orbeon Protocol (ORBN)

The Orbeon protocol has been in the news recently, with some analysts expecting it could rise by 6,000%.

Orbeon Protocol is an investment platform that allows anyone to invest in startup companies for as little as $1. It’s about decentralizing investments so that everyone can have a chance to invest in the next great company.

It works by dividing each investment opportunity into fractional NFTs (fNFTs). For example, a company wants to raise $250,000. Orbeon will issue 10,000 fNFTs and offer them to investors for $25 each.

One of the benefits of using blockchain technology is security. Orbeon’s smart contract includes built-in security mechanisms that protect investors. For example, if the company does not meet its funding goal, investors automatically get their money back.

Orbeon Protocol currently has a presale, with tokens at $0,009.

Learn more about the pre-sale of the Orbeon protocol


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