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What is Orion?

Orion is a project that is building a gateway to the entire crypto market by aggregating every CEX (centralized exchange), DEX (decentralized exchange) and swap pool into one decentralized platform, with the help of the Orion Terminal.

It is the first of its kind that allows users to access all kinds of markets directly with a wallet, without any account or KYC requirements. Connecting to, and aggregating multiple major exchanges into one order book provides plentiful liquidity and the best prices for every trade.

At the heart of this protocol is Orion’s native token: ORN. It is an internal currency and utility token that can be used for trading, staking, and for over a dozen of other functions that will be detailed in the use case below.

Below we take a look at Orion and examine some details as well as predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.

When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.

Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.

Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history.

Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will ORN develop in the short-term (for the next 90 days), according to our prediction model:

High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:

Our prediction model sees ORN reaching $ 1.55 in 2025.

The price of ORN in 5 years could lie around $ 0, according to CaptainAltcoin’s prediction model.

Read also:

On Orion, ORN is at the center of 18 revenue streams, these streams include: the NFT Aggregator, the Orion Liquidity Boost Plugin, Orion Global Liquidity Pool, Orion Lending, Orion Oracle and much, much more. Some of these features are not yet available however, but all of them are planned to launch by the end of the year.

In addition to facilitating those functions, ORN is used as a utility token for benefits like fee discounts, decentralized brokerage trading, ccn and DeFi solutions.

Being at the center of such a vast ecosystem is a good indicator, as the more use a token has, the more valuable it can become.

According to data gathered from Messari and Coinmarketcap:

Both the total supply and max supply sit at 100,000,000

Of that amount, ~25,575,000 are currently in circulation

The upcoming inflation rate for ORN has not yet been calculated

According to Coinmarketcap, 99% of the current supply is held by whales

Messari currently calculates ORN’s market cap dominance at 0.0122%

Coinmarketcap currently gives it a market rank of #247

Since the max supply has been determined, it means that no more than a maximum of 100,000,000 ORN tokens will ever exist. This is a positive as the creation of new tokens and their introduction to the market can cause inflation, which reduces the value of the token depending on how many new tokens have been created.

The data presented above can be subject to change, always visit the source for up-to-date information: Messari – Coinmarketcap

Orion was founded by CEO Alexey Koloskov in 2018, and the platform itself launched in 2020. He used to be the chief architect at Waves Platform prior to Orion, and had a lot of experience in building complex blockchain solutions.

Among his team are experienced individuals and knowledgeable advisors, most of whom have been part of successful projects prior to joining Orion – the entire team can be viewed here in detail.

The project’s Twitter account is active, posting updates, retweeting relevant events, and sharing news articles. However, the account frequently shares articles that promote the ORN coin/token, which on its own isn’t a red flag, but promoting the price, be it directly or indirectly, is a move that should warrant some caution.

Here’s an example of such a tweet, the thumbnail of which may come across as a little striking. Teams should be careful with the messages that their posts or reposts may convey; while these instances don’t mean the project is a scam, they may give off the wrong idea.

In addition to their Twitter they have a blog page where members post news and updates, and a news page where they share external news articles that talk about Orion, crypto, blockchain technology, DeFi… Etc.

In terms of brand image, they use clean designs with a combination of warm and cool colors, and express in a modern and exciting tone, not shying away from using emojis and hashtags in their tweets.

They have ~70,000 followers on Twitter, where their tweets see hundreds of likes, and dozens of retweets and replies. Over on Telegram they have ~16,000 members, and their subreddit is home to ~2,000 members.

Community activity relative to the size can be described as on the low end of moderate. The subreddit for example sees about a post a day with varying levels of discussion despite having only ~2,000 members.

ORN itself is tweeted about quite often, as $ORN and #ORN are mentioned several times throughout the hour.

ORN can be bought and sold on around 13 exchanges, and there are around 4 well known and trusted wallets that support it.

Here are what predictors are forecasting for ORN:

Wallet Investor predicts a price of ~$24 (+250%**) within a year, and ~$90 (+1190%**) in 5 years time. It ranks ORN as a B+ investment in terms of predictability, which is the 3rd highest rank in their ranking system.

According to Digital Coin Price by the end of 2021 ONR could reach ~$10 (+45%**), and could be worth ~$24 (+250%**) in 2026.

Tradingbeasts forecasts a price of ~$8 (+15%**) by the end of 2021 and by the end of 2024 predicts a price of ~$21 (+210%**).

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are based on current value and could change anytime

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

Our prediction model sees ORN crashing in 2025 to $0 per coin.

ORN price in 2030 & 2040 will be zero as we don’t see a bright future for it in the distant future.

ORN can be bought on around 13 exchanges, including Binance, Uniswap, KuCoin, and the Orion Terminal.

The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy ORN:

Already have an account on an exchange that supports ORN?

Or

Note: When buying or swapping tokens, some exchanges may have minimum amounts in place; usually these amounts are $10-$20 in the token’s equivalent. Additionally, most exchanges issue fees for purchases and swaps, these fees and their conditions differ from platform to platform, which is why it’s worth comparing them to minimize costs.

Some exchanges may offer wallets if they support ORN, in case they don’t, it means that while you still own the tokens, you can not send them to another wallet or receive any ORN’s from another address. Do note however that these practices may differ from platform to platform.

Nevertheless, there do exist trusted wallets in which you can store your ORN, including:

Note: It is important to keep in mind that not every exchange offers users the private keys to their wallets, meaning that although the tokens still belong to the user, they are ultimately stored on the exchange. Furthermore, some exchanges may have minimum withdrawal amounts and withdrawal fees in place, and these fees differ from exchange to exchange. Deposit fees are extremely rare, as exchanges want to encourage users to store assets on their platform.

Aggregators have a sharp advantage over traditional exchanges since they can provide better prices and more liquidity, further still, Orion is special since it aggregates both centralized and decentralized exchanges, as well as swap pools, delivering far more than its counterparts.

The fact that users can freely and quickly access markets that would have otherwise required KYC verification is a very strong selling point, and if Orion succeeds in delivering all its promises, may become one of the best platforms to trade on.

Predictors indicate a gradual growth, which is a sound assumption considering the facts at hand, and the lack of direct competition makes such scenarios likely. It should be taken into account however that any investments made should always be done with a clear and objective state of mind, disregarding emotional elements like hype.

Also, you might want to check out other price predictions:

The post Orion Protocol Price Prediction 2023 – 2025 – 2030 | ORN Price Forecast appeared first on CaptainAltcoin.

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