150% Price Increase During Oryen Network Presale Is Just The Start, Analysts See Similarities To Early Dogecoin And Polkadot

150% Price Increase During Oryen Network Presale Is Just The Start, Analysts See Similarities To Early Dogecoin And Polkadot

The post 150% Price Increase During Oryen Network Presale Is Just The Start, Analysts See Similarities To Early Dogecoin And Polkadot appeared first on Coinpedia Fintech News

Not a lot of projects can boast of a 150% price increase in a short period of time. However a particular project goes against all odds and drives monumental results, and it’s just the start for the new top DeFi contender.

Oryen, a developer-based protocol, is paving a new path in decentralized finance by empowering its network of investors with the highest returns the crypto space has ever seen. Market analysts observe similarities between crypto projects and likens Oryen to early DOGE and Polkadot.

Oryen (ORY)

Oryen offers an alternative system in DeFi to earn passively in a sustainable fashion and on a long-term basis. Through a sophisticated protocol called OAT – Oryen Autostaking Technic, Oryen provides predictable and fixed yields via its native token, ORY.

The OAT protocol employs a straight-forward method to generate value for ORY holders. Basically, by allowing holders to store their ORY tokens in their wallets without moving them, Oryen mitigates risks for its investors and guarantees amazing returns on their holdings.

To ensure a fair and transparent distribution of rewards, Oryen uses a positive rebase formula to send rebase tokens straight into ORY holder wallets at the rate of 0.177% daily. With Oryen’s auto-compounding feature, holders can earn an annual passive dividend of 90% APY. The possibilities of such rates are extraordinary, it’s no wonder, Darryl Boo, a huge crypto investor shares his excitement over the amazing benefits of Oryen in his video review.

Dogecoin (DOGE)

Dogecoin is the first meme coin that was created for a rather different purpose in 2013. As at that time, other complex cryptos were hard to understand. Dogecoin was then created as a payment system, with its native token, DOGE. DOGE facilitates exchange between traders and its protocol operates on Scrypt functionalities, hence its timely transactions.

Polkadot (DOT)

Polkadot is a decentralized blockchain that enables cross-chain features. Multiple blockchains can be easily integrated with Polkadot to allow transfer of any type of data, as well as any token. Its native token, DOT was released at the launch of the initial block of Polkadot and it’s used for peer-to-peer transactions.

Conclusion

Oryen is currently in its fifth presale phase, with tremendous investment participation from both early and new investors. It is pretty obvious that they’re bagging profits only made possible through Oryen. The ongoing presale comes with an added bonus to further incentives staking experience for every ORY holder.

Learn more here:

Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io

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editorial staff