Cryptocurrencies elicit mixed reactions among critics and proponents. However, this year has challenged many crypto investors following bearish markets. Token prices have plummeted to three-year lows in response to current market conditions. Despite this downturn, one cryptocurrency is forging ahead unscathed and has already doubled its value in under five weeks.
Oryen, a decentralized staking platform, has made headlines in the crypto world after its native token ORY soared 100% amid the current chaotic markets. Many traders searching for safer crypto investments are now shifting to the staking protocol, which offers a guaranteed 90% yield for ORY holders. Could this be the token to outshine other altcoins like SUSHI and IMPT?
On the Road to 2X
Oryen Network launched the first phase of the presale towards the end of September 2022. After that, the project started to gain traction, raising over $500,000 quickly. At the opening of the ICO, the token price was $0.05, and early backers opted in. A month later, their investments doubled as the token price rose to $0.10.
This 2X price surge has created even more attention for ORY, and experts say it’s only a matter of time before the price skyrockets again. The experts point to Oryen’s unique staking technique, which offers a sustainable and fixed high-yield APY of 90%. Since the APY is fixed, investors with low-risk appetites feel safer buying and staking ORY. Moreover, the interest is payable even hourly, meaning those looking for short-term dividends and quick profits also find a worthwhile opportunity in Oryen.
Self-sustaining
Oryen’s developers have built a resilient product for the long term. While many projects draw hype and speculation for a while before it dies down, Oryen has integrated powerful auto-staking tools and a buy-sell tax mechanism that, in combination, will sustain ORY’s price and future.
However, the low initial supply of 40 million tokens intrigues many, but it is elastic and may change according to the token’s price. So, as the project progresses, eventually, lists on multiple centralized exchanges and investments are made; it may trigger a cascade for ORY, which ends in a massive price spike that catapults it onto the top 100 list of tokens by market capitalization.
Wrap It Up
ORY is an auto-staking platform for everyone. Whether an experienced trader or a beginner, investors can bet on its appreciation or bank on the guaranteed yield. It offers variety with one product and is arguably one of the best altcoins. Experts have spotted the potential for this token and can predict a stellar performance even before year-end, possibly eclipsing SUSHI and IMPT.
Be Part of Oryen
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!
