The US Banking crisis is causing issues throughout the traditional finance market. Stocks are plummeting and many people are losing confidence in their banks, creating a market of anxiety and uncertainty.
Meanwhile, crypto projects like Filecoin (FIL), Polkadot (DOT) and Orbeon Protocol (ORBN) are thriving, with Orbeon Protocol (ORBN) recently hitting a new all-time high of $0.0921.
Will Filecoin (FIL) Overtake Traditional Digital Storage?
As more people lose confidence in traditional systems, Filecoin (FIL) has a great opportunity to grow its user base. Filecoin (FIL) offers a great alternative to traditional centralized storage systems. The project works much like a cloud system, but is fully decentralized, making Filecoin (FIL) significantly more secure.
Although the banking crisis doesn’t technically impact the digital storage market, it’s beginning to show more people that decentralized and crypto alternatives could be the future. If Filecoin (FIL) manages to capitalize on this change in perception, the project could build a whole new user base, becoming one of the leading storage solutions in the world.
Polkadot (DOT) Is Up By 4% In the Last Five Days
Although Polkadot (DOT) has struggled to increase throughout March, the recent market news has resulted in several price increases. Over the past five days, Polkadot (DOT) has increased in price by 4.27% to $6.46, a $2 increase from its price at the start of the year.
With the traditional finance market in turmoil, Polkadot (DOT) could offer a great alternative with some of the best security features in the market. Although Polkadot (DOT) is a relatively new project compared to its larger competitors, the project has raised $200 million from investors, which can be used to capitalize on the turbulence in the current market.
Orbeon Protocol (ORBN) Pioneers Crowdfunding Developments
With more people starting to believe in decentralized finance options, Orbeon Protocol (ORBN) has a huge opportunity to gain traction in the crowdfunding industry. Designed as a crowdfunding alternative, Orbeon Protocol (ORBN) uses DeFi technology to help new businesses raise funds from retail investors, who would traditionally be locked out of the market.
Through the Orbeon launchpad, startups can create NFTs that offer equity in their business. Each NFT is fractionalized and sold directly to investors who believe in the potential of the startup. This allows investors to support new businesses they believe in, while startups can raise funds and build a community.
Orbeon Protocol (ORBN) also offers great opportunities for everyday DeFi investors with an NFT swap, decentralized wallet, cryptocurrency exchange, and a metaverse. Investors who use any feature in the Orbeon ecosystem while holding ORBN tokens will also earn bonuses to enhance their experience.
Having only started its presale four months ago, Orbeon Protocol (ORBN) has already offered returns of 2203%, and is predicted to increase in value to $0.24 before its presale ends. As more people and businesses begin to believe in DeFi Orbeon Protocol (ORBN) could quickly become a market leader in the crowdfunding market, offering huge returns for investors who get involved now.
Find Out More About The Orbeon Protocol Presale
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