Although Dogecoin (DOGE) and Shiba Inu (SHIB) are often considered the leaders of the meme coin market, new projects like Apecoin (APE) are slowly gaining traction. Being created as part of the BAYC DAO, Apecoin (APE) offers better utility and more long-term potential than Dogecoin (DOGE). However, Orbeon Protocol (ORBN) has outperformed both, increasing by over 2203% during its presale.
Dogecoin (DOGE) Price Underperforms For 3 Consecutive Months
After surging to $0.14 in November, Dogecoin (DOGE) has continued to underperform in comparison to the rest of the crypto market. Despite being the world’s largest meme coin, many holders are moving to other DeFi projects due to the lack of utility for Dogecoin (DOGE).
While much of the market has increased in value over the past month, Dogecoin (DOGE) has experienced negative monthly returns of 14.60%. As a result, Dogecoin (DOGE) trading volume is down, and the number of Dogecoin (DOGE) holders is decreasing.
Does ApeCoin (APE) Offer Better Utility Than Dogecoin (DOGE)?
ApeCoin (APE) is the native cryptocurrency of the Bored Ape Yacht Club (BAYC) NFT project. Originally created to support the BAYC decentralized autonomous organization, ApeCoin (APE) has quickly become one of the most popular meme coins. However, unlike its competitors, ApeCoin (APE) offers great utility.
ApeCoin (APE) provides token holders with the right to vote on future policies and will be used for in-game rewards once DeFi gaming becomes part of the BAYC ecosystem. With many Dogecoin (DOGE) investors looking for a stronger alternative, ApeCoin (APE) could potentially dethrone Dogecoin (DOGE), with ApeCoin (APE) offering greater utility with a long-term roadmap for future developments.
Will Orbeon Protocol (ORBN) Outperform The Memecoin Market?
As the meme coin market struggles to build traction, Orbeon Protocol (ORBN) has outperformed the entire crypto market for four consecutive months. Orbeon Protocol (ORBN) has already increased in price by 2203% since October 2022, offering great returns for holders who bought in early. But it’s far from too late if you’re not already involved.
With analysts speculating prices of $0.24 before the Orbeon Protocol (ORBN) presale ends, users still have plenty of opportunities to capitalize on one of the crypto market’s fastest-growing projects.
Orbeon Protocol (ORBN) quickly hit the spotlight in the DeFi space offering great utility with its multi-chain DeFi launchpad. Known as the Orbeon launchpad, this innovative new platform lets vetted startups sell NFTs to raise business development funds. Each NFT will represent equity in their business and can be sold to everyday cryptocurrency holders for as low as $1 due to NFT fractionalization.
This unique DeFi application offers a plethora of new opportunities, which has the market excited for the future of Orbeon Protocol (ORBN). Tokens can currently be purchased during stage eleven of the Orbeon Protocol (ORBN) presale for $0.0921. However, the value of Orbeon Protocol (ORBN) tokens is expected to increase in the next week, with some analysts predicting highs of $0.24 before the end of March.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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