Despite price increases in January, Monero (XMR) and Chainlink (LINK) have experienced declines in trading volume. Recent market corrections have cast doubt among investors, who are now less willing to buy into projects. Monero (XMR) has decreased by 13% in the past thirty days, taking its value to $152.21, causing some investors to sell their Monero (XMR) for higher-return projects. Meanwhile, Chainlink (LINK) has seen positive price movement, with a price increase of 11.21% over the past thirty days, taking its value to $7.77. However, trading volume is still down, and a price increase could potentially be followed by a surge in trading volume, offering great returns in March.
Orbeon Protocol (ORBN) Thriving Despite Market Turmoil
Orbeon Protocol (ORBN) remains unphased by recent market turbulence. The project continues to thrive, with an ROI of 1815% since its first presale round, hitting new highs of $0.0766 over the last month. Orbeon Protocol (ORBN) offers fantastic utility and a unique use case with its multi-chain DeFi funding alternative, the Orbeon launchpad. Real-world startups can raise development funds by selling NFTs, with each NFT representing a share in their business and can be sold for as little as $1 due to NFT fractionalization. NFTs can be purchased with Orbeon Protocols (ORBN), with ORBN being used throughout the Orbeon ecosystem. Investors who hold ORBN tokens will earn several bonuses throughout Orbeon Protocol, including voting rights, early access to funding rights, and trading discounts to optimize returns. Analysts believe that Orbeon Protocol (ORBN) could hit highs of at least $0.24 before its presale ends, putting the project in extremely high demand before its price rises again.
Why Monero (XMR) is Down 13% in 30 Days
Monero (XMR) is down 13% in the past thirty days, taking its value to $152.21. Monero (XMR) is designed to enhance trader privacy, allowing investors to buy and sell cryptocurrency without ever revealing their identity. However, Monero (XMR) has been used for illicit activity online, resulting in bad publicity. While Monero (XMR) is still commonly used among investors who want to remain anonymous, trading volume has decreased, causing some investors to sell their Monero (XMR) for higher-return projects.
Chainlink (LINK) Price Rises Despite Decrease in Trading Volume
Chainlink (LINK) connects blockchain-based projects with real-world businesses to gather the latest data, keeping DeFi projects in the loop and allowing for applications such as DeFi betting. Over the past thirty days, Chainlink (LINK) has increased in price by 11.21%, taking its value to $7.77. This is a breath of fresh air for Chainlink (LINK) holders following months of gradual price declines. Although trading volume is still down, a price increase could potentially be followed by a surge in trading volume, offering great returns in March.