If you closely follow the crypto market trends, you know that 2023 will be a bullish year for crypto. But, unfortunately, the collapse of LUNA and FTX this year has caused markets to tumble and, with them, some crypto projects.
However, other tokens have only shed value because of the overall bearish market effects. Such projects are good because they will have mega price rallies next year. Additionally, leading altcoins currently in their nascent stages, like Oryen, are a good buy because they are gradually gaining value.
Understanding Oryen Network
Oryen Network is a decentralized staking platform built on BSC. The protocol deploys an automated staking algorithm that generates high yields, upwards of 90% per year. This way, traders holding $ORY tokens can enjoy huge earnings instead of letting their assets lie idle in loss-making ventures.
The best part about Oryen’s Autostaking Technic (OAT) is that the revenue generated is fixed and users are guaranteed payouts every hour. Furthermore, Oryen has built a framework that keeps its token’s value stable even during adverse volatility. The protocol’s Risk-Free Value technology holds backup assets that hold up $ORY’s value amid bearish markets.
In about eight weeks, the token has gained 200% despite the overall crypto markets plunging several points. Oryen’s blazing community growth also compounds the demand for its token, causing further price surges. Many traders are excited about $ORY, given its affordability and high yields. Oryen will likely be the breakout token for 2023 when markets pick up speed.
What is Solana?
Solana is a high-performance blockchain protocol that focuses on powering fast processing speeds at ultra-low costs without compromising security. The blockchain leverages a hybrid consensus mechanism that combines the proof-of-stake (PoS) and proof-of-history (PoH) models to achieve near-instant processing periods.
Solana supports the development of decentralized apps (DApps), allowing individuals and merchants to get the best out of blockchain for their operations. The platform deploys the $SOL token to enable all on-chain transactions. Overall, $SOL has plunged 60% during the FTX downturn. However, the project will recover as markets bounce back.
What is Cardano?
Cardano is a PoS blockchain platform and brainchild of Ethereum co-founder Charles Hoskinson. The protocol is a trailblazer in resource efficiency and is built to offer blockchain-enabled services without intensively consuming energy like Bitcoin mining. In addition, Cardano boasts peer-reviewed research in building the project from the ground up to make its architecture robust and durable.
Cardano’s native token, $ADA, serves as the platform’s utility and governance token. Like most cryptocurrencies, $ADA has taken a hit during the FTX meltdown. The token fell 25% but is rebounding stronger than others. Still, $ADA ranks among the top ten coins by market cap..
Final Takeaway
Those who buy the dip and invest earliest in a project are often guaranteed huge profits. While $SOL and $ADA have taken hits, these projects are more likely to come back stronger and even rally to their all-time highs (ATH) in 2023. Oryen, on the other hand, presents a once-in-a-lifetime opportunity for investors to get in early to a crypto gem. The project is growing fast and earning massive gains for investors.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
