As the cryptocurrency market looks to find its footing after a volatile start to the year, one digital asset that is outperforming the rest is Oryen. Unlike Ethereum and Cardano, which have seen their returns fluctuate wildly in recent weeks, ORY has remained relatively stable, offering investors a fixed APY of 90%.
While ORY is not as well-known as some of the other major cryptocurrencies, its ability to generate consistent returns is attracting more and more attention. If its current momentum continues, ORY could soon become a major player in the digital asset space.
Ethereum (ETH) And Cardano (ADA)
Ethereum recovered losses and climbed above the $1,320 level against the US dollar. ETH could start a fresh increase if there is a clear move above $1,350.
The Merge took place in mid-September, but the price has posted losses since then. Transaction fees have fallen, although this might be due as much to lowered interest in the NFT domain as to the Merge.
On the other hand, ADA’s inability to scale the $0.5 heights meant the longer-term outlook was bearish. But the past two days have been decidedly bearish, and another move downward appears likely for the crypto market.
Oryen is a cryptocurrency staking network that pays out 90% APY on ORY tokens. While this appears to be ridiculous and unsafe, Oryen has devised a method to ensure that the price of ORY has a safety net. Essentially, the token’s circulating supply rises in tandem with the treasury, which is supported by the token’s purchase and sell fees.
In order to alter the token supply, a sophisticated combination of criteria, including game theory and codified investing psychology, is employed to forecast buyer and seller behavior. The best thing about Oryen is how simple it is. ORY tokens are staked automatically, and interest is airdropped to the holder’s wallet.
Oryen is currently having an initial coin offering (ICO). And, as you might expect, there’s no better time to get involved in a project like this than before it launches. Pre-sale investors pay a lower price for ORY and are exempt from the 8% tax. Oryen will go live on December 30, 2022.
Find out more here:
Join Presale: https://presale.oryennetwork.io/register
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