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Continued Algorithmic Price Increases For Oryen (ORY) Shows Surging Demand Acros...

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Continued Algorithmic Price Increases For Oryen (ORY) Shows Surging Demand Across Binance Smart Chain (BNB)

November 1, 2022
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Blockchains rely on open distributed ledger technology; all market participants can view every transaction. Transaction data allows investors to determine market sentiment by looking at wallets and on-chain activity. Crypto investors refer to this as on-chain analysis, representing a powerful tool in any investor’s arsenal who wants to outperform the majority. 

On the Binance Smart Chain (BSC), vast amounts of liquidity have targeted a new reserve currency, Oryen (ORY), and investors forecast a significant price movement. 

Oryen’s Algorithmically Determined Price 

Oryen has attracted hefty capital allocation already. The reserve currency employs a dynamic pricing algorithm throughout its presale, and increased demand leads to an increased valuation. Observable on-chain is a positive feedback loop powering the protocol’s growth. Investors see ORY’s price rise and allocate funds. Thus further augmenting the input data for the dynamic pricing model and leading to an algorithmically determined rise. 

Oryen’s developers have created this reserve currency as a recognized, stable digital asset that investors can use across different platforms and network chains. It will be usable across the entire DeFi economy. The project is decentralized, meaning it must first bootstrap liquidity from the community for its expansion.

Oryen rewards investors who aid the ecosystem’s expansion through its positive rebases. Thanks to its pioneering Oryen Autostaking Technic (OAT) technology, Oryen pays investors hourly positive rebases with a daily ROI of 0.177%. This translates to a 90% APY- the power of compound interest. The OAT governs the earning process: auto staking and compounding ORY on the investors’ behalf. These features enhance security but also the stability of the protocol, allowing investors to build wealth in three simple steps: buy, hold, earn.

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Capital Allocation on the Binance Smart Chain 

DeFiLlama shows the BSC houses nearly five hundred decentralized applications, second only to Ethereum. Developers and DeFi enthusiasts continue to operate on the chain, representing one of the most secure layer-one blockchains and the safest place for protocols to deploy.  

A senior on-chain analyst browsing BscScan was the first to see increasing capital flows targeting Oryen. What began relatively slowly has rapidly increased in pace as more investors within the BSC ecosystem discover the protocol. Oryen is on the brink of a watershed moment; when altcoin experts active on other chains find this passive income stream, analysts expect it to rally hard. 

Closing Thoughts 

Investors who neglect on-chain analysis do themselves a disservice- understanding where capital flows allow investors to see where returns will be made. Driven by significant demand on the BSC, continuing algorithmic price increases of Oryen remain inevitable. 

Find Out More Here:

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

Website: https://oryennetwork.io/


Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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