Cosmos (ATOM), Chiliz (CHZ) and Orbeon Protocol (ORBN) token are all on the watchlists of thousands of savvy digital asset investors, and there are some good reasons for that. The main reasons include new Coinbase and UPbit listings and the fact that Orbeon Protocol (ORBN) managed to skyrocket 1400% percent over the last couple of weeks, with analysts now predicting it will surge by another 6000% by the end of its presale.
Coinbase Lists Kava, Ramping Up Ethereum-Cosmos Interoperability
Earlier this week, major U.S. cryptocurrency exchange Coinbase has listed Kava, a decentralized layer-1 blockchain that combines the speed and interoperability of Cosmos (ATOM) with the developing power of Ethereum (ETH).
The Coinbase listing will optimize the process for Cosmos (ATOM) SDK chains to be integrated with Coinbase and increase new liquidity to the Cosmos (ATOM) ecosystem. Kava is one of the few Cosmos (ATOM) based cryptocurrencies, and it will unlock DeFi potential for Cosmos (ATOM) in a way not seen before.
Kava makes use of its Cosmos (ATOM) EVM technology to generate maximum scalability, speed, security and developer support, and it will feature a developer incentive program called Kava Rise, which will give out $750M worth of grants for those developing protocols on top of the blockchain-based distribution method.
As a result of this announcement, the Cosmos (ATOM) token price now stands at $13.07 as of writing, marking a potential comeback of the Interchain Foundation.
Chiliz (CHZ) Rises Following UPbit Listing
South Korea-based cryptocurrency exchange UpBit recently announced that it would list major fan tokens, such as ACM, CITY, NAP, AFC, BAR and INTER. All of these tokens are Chiliz (CHZ) chain-based tokens. Chiliz’s (CHZ) CEO Alexandre Dreyfus reacted happily to the announcement as South Korea is one of the biggest cryptocurrency markets with a great fandom culture.
As a result of the announcement, Chiliz (CHZ) is currently $0.1314 per token, which makes it a potentially interesting digital asset to add to your cryptocurrency portfolio.
Orbeon Protocol (ORBN) Enters Fifth Stage of its Pre-sale
Orbeon Protocol (ORBN) has been on the watchlist of many cryptocurrency investors ever since the token managed to surge by over 1400% in the last couple of weeks. Orbeon Protocol (ORBN) aims to revolutionize the crowdfunding and venture capital markets through the use of fractionalized and equity-backed NFTs.
Let’s say a start-up company wants to raise $100,000 through Orbeon Protocol (ORBN). It then mints 10,000 equity-backed NFTs, in which users of the Orbeon Protocol (ORBN) ecosystem can invest from as little as $1.
Not only does Orbeon Protocol (ORBN) make venture capital accessible for retail traders, it also greatly reduces fundraising costs for start-ups. Additionally, Orbeon Protocol (ORBN) allows them to be in direct contact with their backers.
The best thing is that Orbeon Protocol (ORBN) uses a built-in “Fill or Kill” mechanism, which ensures investors get refunded whenever a start-up fails to meet its funding goal within a certain timeframe. This takes the guesswork out of the equation and ensures investors only invest in solid projects that will receive sufficient backing.
The total supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000 tokens, and only 40% of these will be available to retail investors through the pre-sale of the project. Currently, the Orbeon Protocol (ORBN) pre-sale is in its fifth stage, but it is set to end soon.
Within the last few presale stages, Orbeon Protocol (ORBN) managed to surge over 1400%, and with these strong fundamentals, it isn’t difficult to understand why analysts now expect the token to surge by another 6000% to over $0.24 per token in the near future.
Find Out More About The Orbeon Protocol Presale
The post Why are Analysts Favoring Cosmos (ATOM), Chiliz (CHZ) and Orbeon Protocol (ORBN)? appeared first on CoinChapter.