{"id":176789,"date":"2023-10-19T00:42:40","date_gmt":"2023-10-18T19:12:40","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176789"},"modified":"2023-10-19T00:42:40","modified_gmt":"2023-10-18T19:12:40","slug":"heres-why-ethereum-challenger-orbs-is-up-60-today-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/heres-why-ethereum-challenger-orbs-is-up-60-today-crypto-news\/","title":{"rendered":"Here&#8217;s Why Ethereum Challenger ORBS Is up 60% Today &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article__img--wrap\">\n<\/div><figcaption title=\"https:\/\/www.freepik.com\/premium-vector\/financial-technology-graphic-concept-background_4848049.htm\">Cover image via <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.freepik.com\/premium-vector\/financial-technology-graphic-concept-background_4848049.htm\">www.freepik.com<\/a><\/figcaption><div class=\"disclaimer\">\n<p class=\"disclaimer_text\">Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.<\/p>\n<\/div>\n<\/div>\n<div>\n<p dir=\"ltr\">Orbs (ORBS), an Ethereum challenger, is on a parabolic run, with its price up by more than 60% in what can be classified as one of its biggest trading days in months. The coin is changing hands at a price of $0.05746 but with a 289%\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/orbs\/#Chart\">jump<\/a> in its trading volume with over $648 million traded overnight.<\/p>\n<p dir=\"ltr\">The hype around ORBS is centered on the prospects behind the coin&#8217;s listing on the OKX trading platform. Huobi made the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/okx\/status\/1714193305267781959?s=20\">announcement<\/a> on its X handle, noting that the perpetual swap feature for the ORBS\/USDT pair is now live.\u00a0<\/p>\n<p dir=\"ltr\">The exchange announced that users can now gain access to 20X leverage, with additional ORBS-focused products, including margin trading and savings, also billed for a later launch. ORBS is one of the hardest-hit tokens in the past crypto winter. The coin is still down by over 84% from its all-time high (ATH) attained about three years ago.<\/p>\n<p dir=\"ltr\">The current upshot is a testament to the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/orbs-token-debuts-on-arbitrum-with-axelar-axl-bridge-integration\">optimism within its ecosystem<\/a> and the desire to help chart a revival in usage and, in the long run, in the trading price of the ORB.<\/p>\n<h2>Mid-cap tokens pulling their weight<\/h2>\n<p dir=\"ltr\">While the most important hype in the market revolves around Bitcoin (BTC), Ethereum (ETH), XRP and Cardano (ADA), to mention a few, many low-cap and mid-cap altcoins are also charting revolutionary trends within their own ecosystem.<\/p>\n<p dir=\"ltr\">While Orbs is aiming at driving scalability and usability to rival Ethereum, projects like Bad Idea AI (BAD) are redefining AI-based capabilities within the Shibarium Layer-2 protocol. Other altcoins like Fantom (FTM),\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/space-and-time-platform-becomes-chainlink-link-preferred-data-warehouse\">Chainlink<\/a> (LINK) and Optimism (OP) are also arguably helping to drive the overall goal of broadening the acceptability of the broader digital currency and blockchain ecosystems.<\/p>\n<p dir=\"ltr\">With\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/gaming-token-bigtime-soars-320-on-coinbase-listing\">related<\/a> support through listings such as OKX, accomplishing this mission becomes easier for these asset classes.<\/p>\n<\/div>\n<div>\n<p>About the author<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__author-user\" href=\"https:\/\/u.today\/godfrey-benjamin\"><br \/>\n<img decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2022-12\/29302.jpg\" loading=\"lazy\" class=\"article__author-img\" \/><\/p>\n<p>Godfrey Benjamin<\/p>\n<p><\/a><\/p>\n<div class=\"article__author-desc\">\n<p>Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey&#8217;s articles has been featured on Blockchain.news,\u00a0Cryptonews\u00a0and Coingape, among others.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":176790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-176789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=176789"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176789\/revisions"}],"predecessor-version":[{"id":176796,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176789\/revisions\/176796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/176790"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}