5 Best Cryptos to Buy in November 2022
Everyone is familiar with the old saying that you should never put all your eggs in one basket. It may be a cliché but it
is generally true and good advice. In the same vein, veteran investors will always advise you to diversify your portfolio.
There is simply no such thing as a risk-free investment and, while most investors seek to minimise risks, they can never
be zero. Disaster can always strike. So, if you want to invest in cryptocurrency, here are 5 options that you can use to
build your portfolio – Litecoin (LTC), Solana (SOL), XRP (XRP), Bitcoin (BTC) and Orbeon (ORBN). Notably, Orbeon is
currently in presale and expected to rise in price to $0.24.
Litecoin (LTC) is popular with merchants:
Litecoin (LTC) is an open-source blockchain project that was launched in 2011, a time when few people had even heard of
cryptocurrency. Litecoin is considered by some to be the “first altcoin” which reflects its provenance and longevity.
Litecoin is currently the 21st largest crypto and accepted by a growing number of merchants.
Solana (SOL) is a solid platform:
Launched as recently as 2020 at a price of $0.77, it took less than 2 years for Solana to reach a value of around $100 – a
gain of nearly 13,000%. It was designed to help power decentralized finance and decentralized applications and it boasts a
highly distinctive proof-of-stake/proof-of-history mechanism. Solana is a market favourite for good reasons, but has come
under scrutiny lately due to numerous hacks and outages plaguing the Solana Blockchain.
Ripple (XRP) causes ripples in the market:
Ripple (XRP) was designed by Ripple Labs, a digital technology and payment processing business. The coin can be used to
exchange various currency types, including both crypto and fiat currencies. The Ripple (XRP) price has risen from $0.0006
in 2017 to $0.80 by March 2022. Clearly Ripple (XRP) has considerable bullish momentum.
Bitcoin (BTC) is the original and still, for many, the best:
Bitcoin isn’t just the largest cryptocurrency by market capitalization, it is the first and original cryptocurrency,
bursting onto the world back in 2008 and while its price took a hammering in the general crypto meltdown earlier this
year, it is still here. Bitcoin is not going anywhere and, if nothing else, it is a solid store of value.
Orbeon (ORBN) looks like a game-changer:
Orbeon Protocol was launched earlier this year and functions as a decentralised investment platform. Orbeon Protocol
offers something that is very valuable as a real world use case, because it allows start-up businesses and other companies
to raise capital and investors rapidly while simultaneously building their community. By minting these businesses as
fractionalised NFTs, anyone can invest in promising new businesses and projects for as little as $1. By lowering the
threshold for required investment, Orbeon Protocol provides an alternative to crowdfunding networks by bringing venture
capital together with cryptocurrency.
The total supply of Orbeon Protocol’s native token, ORBN, is 888,000,000. 40% of these are available for purchase in the
presale stage which ends in January 2023. Holders of ORBN will be eligible for benefits such as staking bonuses and
governance rights of the project. The current price is $0.004 but this price is expected to climb to as high as $0.24 by
the time the presale ends, according to a number of analysts. Handsome profits are in store for early investors.
Theportugalnews
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