Solana has been incredibly bearish of late. The token’s price has dropped nearly 60% in the last seven days. Thus far, there is no indication that the bearish run will soon abate. However, SOL remains a major coin in the crypto markets. It sits at position 14 by market cap at the time of writing.
If SOL does not stop dropping, many crypto experts predict the price could fall to a new low support of $12. Such a move is likely, given that the entire crypto market is bearish. In the worst-case scenario, the price of SOL could drop to $0. However, given the strong value proposition, that is unlikely to happen. Nevertheless, investors in SOL are looking for an outlet.
Another token that is doing poorly is the FTT token, the native token of the FTX exchange. Since FTX has become insolvent, FTT tokens have lost over 90% of their value in a short time. FTT tokens have also been delisted on major exchanges, which means holders are now counting their losses.
Many people view FTT tokens negatively. This sentiment will likely last for many years to come, meaning a price recovery is nearly impossible.
$ORY Offers A Glimmer of Hope
Amidst the turmoil in the crypto markets, one project has stood out. Oryen Network has defied the market trend and has been doing quite well. This remarkable performance is based on the strength of its value proposition, which offers holders of its $ORY tokens a fixed APY of 90%. Thus far, that is the highest fixed APY rate in crypto markets.
The value proposition has been so strong that it caused the $ORY tokens to shoot in price in days. Thus far, their value has grown to 120% and is rising. Investors leaving the sinking ship that is FTT tokens drive some of the growth. Others leaving the SOL ecosystem are also causing the price surge of $ORY tokens.
As the bad news spreads in the crypto markets, more investors are expected to enter the $ORY tokens. These tokens are part of what will be a thriving ecosystem. Holders of the tokens will enjoy unparalleled security and huge fixed APY.
Oryen Network developers achieved a high APY using a unique model called Oryen Autostaking Technic (OAT). Via OAT, staking is easier than on any other staking platform. This staking model does not require one to hold their $ORY tokens in a central wallet. Instead, they can receive rebase rewards by holding the tokens in their personal wallets.
Another impressive feature of this model is how fast rebase rewards are paid out. Holders of $ORY tokens can expect payouts every 60 minutes.
Summary
While opportunities for profitability in the crypto markets have fallen, they still exist. The $ORY tokens, whose price has risen 120% in just days, prove that you can still make money investing in crypto.
For More Information:
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!
