Although Shiba Inu (SHIB) and Litecoin (LTC) are some tokens to watch in the upcoming bull run, more experts have been interested in Collateral Network (COLT) – a project that could disrupt the pawnbroking industry, currently in Stage 1 of its presale! Some analysts even believe the Collateral Network (COLT) token could bring 35x gains to early investors.
Collateral Network (COLT)
Collateral Network (COLT) will be the first-of-its-kind as a decentralized peer-to-peer lending platform, enabling users to unlock the total liquidity from their tangible assets without actually selling them – with the help of fractionalized asset-backed NFTs!
As an owner of a startup in need of funding, you can now send a valuable item that is in your possession (cars, fine wines, art pieces) to Collateral Network (COLT) as collateral. This platform will then use artificial intelligence to value your asset, mint an NFT that represents it and store it on-chain.
Afterward, this token will be fractionalized, and the entire Collateral Network (COLT) community can partially purchase it – becoming mini banks and funding the loan for a predetermined weekly interest rate.
If the loan raising is successful, the real-life asset will be returned to the owner only after all the lenders have been repaid. However, if a borrower defaults – the item will be placed on the private auction site by Collateral Network (COLT) and sold below market value to COLT holders to repay all fractional lenders.
Speaking of COLT, holders of it will be privy to many benefits such as staking rewards, access to auctions for distressed items, and more for only $0.01. But be quick, only 28% of the 1.4B COLT token supply will be available during its presale – and they are selling fast. As the presale gains further attention, many analysts predict that Collateral Network could surge 3500% and reach a value of $0.35 by the time it finishes.
If you wish to purchase a potential blue-chip token for a meager price, now is the time, so sign up for the COLT presale now!
Shiba Inu (SHIB)
Shiba Inu (SHIB), since the beginning of 2023, has seen an unprecedented rise in network activity. According to Santiment, the number of active addresses engaging on the Shiba Inu (SHIB) network had grown to 36,000 by the end of March 2023.
And the Shiba Inu (SHIB) coin value at the time of writing reflects that as it trades at $0.00001149, jumping by 6% overnight. Also, the trading volume for Shiba Inu (SHIB) increased by 166% in that same period and now stands at $589,449,582.
Sentiment around Shiba Inu (SHIB) is currently bullish, with all Shiba Inu (SHIB) technical indicators showing buy signals. Analysts believe that if Shiba Inu (SHIB) manages to break through the $0.0000125 resistance level, it may reach $0.00001510 within Q4 of 2023.
The general market unrest has slowed the growth drive of Litecoin (LTC), but the project was still able to reach a significant achievement. Litecoin (LTC) recently announced that one trillion dollars had been moved on its network.
However, the Litecoin (LTC) price has not seen any significant movements – at the time of writing worth $93.05, up by only 0.38% in the last 24 hours. The technical analysis for Litecoin (LTC) also shows a neutral summary, with its technical indicators showing mixed signals.
If Litecoin (LTC) manages to pass the $100 resistance level, bullish analysts predict it could reach a value of $114.33. But, if Litecoin (LTC) fails, it may fall below $90 by December 2023, and Litecoin (LTC) holders are growing more concerned.
Find out more about the Collateral Network presale here: