Home Oryen Network sees a +200% price increase due to an influx of investments from Solana and Binance Coin Whales
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Oryen Network sees a +200% price increase due to an influx of investments from Solana and Binance Coin Whales

Ruby Layram Finance Editor Author expertise
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It’s been a tough year for crypto. The prices of Bitcoin and Ethereum have plummeted, and many ICOs have failed. But despite all the bad news, plenty of good projects still entice investors by offering promising returns. 

One such project is Oryen, a decentralized cryptocurrency and staking platform that is currently in phase five of its presale. So far, the project has already achieved an ROI of 200% from its initial investment, and analysts believe this trend will continue. This has made ORY, the protocol’s native token, one of the best-performing cryptocurrencies despite challenging markets. 

What is the Oryen Protocol?

The Oryen Network is redefining the financial system and how users stake their crypto to earn rewards. It is one of the fastest DeFi platforms in the industry, and users can earn rewards instantly. In addition, it is the first platform to implement the Oryen Autostaking Technic (OAT) system. This system automatically stakes a user’s crypto and offers a return rate of 90% APY. 

ORY has become one of the hottest investment opportunities recently because it is a rebase token. Rewards are directly deposited into users’ accounts and get a daily ROI of 0.177%. Additionally, there is a treasury and an RFV (Risk-Free Value) wallet that supports the floor price of the ORY token during massive sell-offs 

The project has generated a lot of buzz in recent weeks and has seen an expansion in its user base, which is an excellent indicator of future growth. Even crypto whales like Darryl Boo and Steven Clarke have shown a serious interest in this project, and Business2Community has listed ORY as one of the top DeFi platforms for crypto investors in 2022. Here is their presale schedule:

Presale Session Date ORY Price Purchase Bonus
Presale 2 02 Nov — 09 Nov $0.1 10%
Presale 3 09 Nov — 16 Nov $0.11 9%
Presale 4 16 Nov — 23 Nov $0.12 8%
Presale 5 23 Nov — 02 Dec $0.15 7%

Understanding Solana

Solana is an open-source blockchain platform focusing on privacy and scalability by supporting smart contracts, NFT platforms, and Dapps. It was the first cryptocurrency to implement the Proof-of-History (PoH) consensus protocol. Through that, it can process data at a much faster speed than the likes of Bitcoin and Ethereum networks. Recently, Solana’s native token, SOL, nearly lost 50% of its value because of the unprecedented bankruptcy of FTX. Solana had admitted that it has almost $1 million worth of assets invested in FTX, and this information sent SOL into a tailspin. Following this event, crypto whales diverted their focus to other projects, and Oryen became the only possible choice because of its stellar ongoing presale.

What is happening to Binance?

Binance is a crypto-exchange that uses blockchain technology to provide users with the most secure and transparent trading experience. BNB, the native currency of Binance, is used to pay for trading fees and other services on the platform. Unfortunately, the price of BNB tanked as well after the news of the FTX bankruptcy came out. It also slipped further when Binance pulled out of the deal to buy FTX. This nexus between FTX and Binance has wiped out nearly 25% of the crypto industry’s total market cap, which is why crypto investors are now looking for new projects that can offer better returns.

Key Takeaways

Investing in the Oryen project is a viable option for anyone looking to invest in cryptocurrency projects during the current turmoil. The project has already achieved an ROI of 200% and is projected to continue growing. In addition, the native token, ORY, is one of the best-performing cryptocurrencies on the market. So, make sure you grab the chance to get in on this promising project.

Learn More Here

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

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Ruby Layram Finance Editor

Ruby Layram Finance Editor

Ruby is a Finance Editor who has 5 years of experience in the finance and cryptocurrency space. Ruby attended the University of Winchester where she received a BSc in Psychology. During her studies, Ruby developed an interest in financial psychology and began writing content around the topic on a freelance basis.  Whilst she was studying for her degree, Ruby spent time learning about personal finance, investing and trading. She has written content for The Motley Fool UK, Bankless Times and Cryptonary where she also worked as an editor. Her interest in cryptocurrency came about after writing a piece for The Motley Fool about the rise of CBDCs. Since then, Ruby has actively invested in the crypto market with a focus on long-term investing.  Ruby is also an experienced trader with good analytical skills. She has used a used a variety of platforms and tools to trade and has first-hand experience with many of the platforms that are featured on the Trading Platforms website.