Where To Put Your Money In 2023 - Cardano (ADA), Litecoin (LTC) Or Orbeon Protocol (ORBN)?
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Cryptocurrencies had a challenging year in 2022, with several experiencing significant price declines, including Cardano (ADA) and Litecoin (LTC). With these coins falling, many investors have shifted their focus to the Orbeon Protocol (ORBN) presale, which is in stage 3 currently and has seen an increase of 987% so far since it began.
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Cardano (ADA) is a decentralized blockchain that was launched in 2017. Cardano (ADA) aims to establish itself as an effective alternative to coins like Bitcoin (BTC).
Charles Hoskinson, the creator of Cardano (ADA), recently announced the opening of his hospital, the "Hoskinson Health & Wellness Clinic," where patients can pay for healthcare services using Cardano (ADA).
This announcement caused the price of Cardano (ADA) to surge by 29% in the past week as it sits on a $0.32 valuation. However, many experts believe this bullish trend will be short-lived as the long-term potential for Cardano (ADA) is questionable, but investors are remaining optimistic with this new venture.
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Litecoin (LTC) is a decentralized coin modeled after Bitcoin, but Litecoin (LTC) also strives to bring improvements to users such as faster transactions.
Litecoin (LTC) achieved a $412 all-time high in 2021, however, the coin has shown significant changes in the last year. Litecoin (LTC) at the time of this writing is worth $81.40, down 80% from its peak.
Litecoin (LTC) has been showing green charts lately, with its market cap and trading volume increasing by 7.31% and 161.51% recently. Investors believe this trend has come too late as they migrate from Litecoin
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