2022 would be the year that most crypto critics justify their doubts over cryptocurrencies. This is after a dismal performance that saw the sector shed over 55% of market capitalization in a year. But it hasn’t been all gloomy for crypto enthusiasts, following excellent performances by some altcoins, especially Oryen.
Oryen Network recorded a 100% price spike in only one month after the first phase of the presale. The staking platforms’ native token, ORY, is now a favorite for new and experienced traders looking for profitable tokens. Its popularity is spreading even faster for some never-before-seen features, and some think the ORY token could even rank higher than the DeFi lending platform, Compound.
The Best Altcoin
Almost all cryptocurrencies, including Bitcoin, have plummeted from their 2021 highs. As a result, many investors took a hit. So they started looking for alternative tokens with better performance, like Oryen Network, now the go-to token for crypto lovers, boasting a 90% fixed APY.
However, ORY holders automatically utilize the platform’s Oryen Autostaking Technic (OAT) and receive yield payouts hourly, resulting in a daily ROI of 0.177%. Amid the troubled crypto markets, this project is outshining even the top DeFi protocols like Compound (COMP), which lost over $8 billion in value in the year leading to November 2022. ORY’s 100% upturn reported in Phase 1 of its ICO is good news for investors who decided to back the project early.
Additionally, ORY has already commenced Phase 2 of the presale and experienced an increasing interest from the DeFi community. The Oryen community is adding many new members daily and driving demand for ORY tokens. If the trend is anything to go by, the value of ORY will go quickly past most altcoins to compete with top DeFi projects like Compound, PancakeSwap, or Uniswap.
Neprilygstamos savybės
Besides the guaranteed yield, the auto-staking platform also features tools that sustain payouts. For example, Oryen’s Risk-Free Value (RFV) wallet holds assets that maintain a stable price for its ORY token. The RFV wallet is funded partly by the buy-and-sell tax mechanism, and additionally, these taxes incentivize ORY holders to hold and earn.
Galutinis take
Taking a crypto project ‘to the moon’ is no easy feat. However, Oryen’s performance was incredible during its presale’s first phase. In addition, the project’s carefully thought-out mechanisms interoperate to achieve simplicity and sustainable yields. So users can grow their assets efficiently and securely without the hassle of traditional staking protocols. This combination means it’s only a matter of time before ORY competes with the large-cap coins.
Get Started with Oryen
Kickstart your crypto success with unbeatable bonuses and APY with the ongoing ORY presale. Connect to these platforms:
Prisijunkite prie išankstinio pardavimo: https://presale.oryennetwork.io/register
Interneto svetainė: https://oryennetwork.io/
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Source: https://coinpedia.org/press-release/2x-during-oryen-presale-clear-sign-for-meteoric-rise-how-likely-is-a-listing-above-compound-in-the-top-100/