Chainlink (LINK) and Huobi Token (HBAR) Price Prediction

Given its focus on disrupting the pawnbroking industry, Collateral Network (COLT) – the world’s first crypto challenger lender currently in Phase 2 of its presale and up over 40% already – has been the main topic among investors and experts. Many individuals are gravitating towards it as other popular cryptos such as Huobi Token (HT) and Chainlink (LINK) look to be underwhelming. But what sets this hidden gem apart from the rest?

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Collateral Network (COLT)

With the decentralized crowdlending platform Collateral Network (COLT), anybody may borrow capital using physical assets (art pieces, watches, gold bars, etc.) as collateral. This is made possible as the assets are minted into NFTs stored on-chain.

These NFTs will then be fractionalized, allowing multiple investors to fund the loan as they receive a fixed interest rate paid out weekly. With this ‘fractional lending’ strategy, smaller lenders can enter the market, as Collateral Network (COLT) will lower entry barriers. On the other hand, borrowers will unlock the total liquidity from their physical assets without selling them.

Regarding security, a 33-year liquidity lock and a 2-year team token lock ensure the long-term commitment of the Collateral Network (COLT) team. Moreover, suppose the borrower defaults on a loan. In that case, the asset will be placed on a private auction site by Collateral Network (COLT), where it will be sold below market value to COLT token holders. COLT holders also enjoy staking, governance rights, discounts and even access to exclusive VIP groups.

The token has already surged 40% from $0.01, currently at $0.014. Since the presale is so new, its growth potential is enormous, with some analysts predicting a $0.35 price for COLT by the time its presale ends, which have served to further boost the hype for the project.

Huobi Token (HT)

Once the FTX exchange failed, Huobi and the Huobi Token (HT) faced many difficulties, but its efficiency improvements and consolidation efforts now appear successful.

Currently, Huobi Token (HT) has a value of $3.63, a rise of 1% in the past day alone. Moreover, the trading volume for Huobi Token (HT) also increased by 15% in that same time, reaching $12,611,503.

Nevertheless, the Huobi Token (HT) technical analysis paints a different picture, as its technical indicators show strong sell signals. Further bearish movement can also be seen as a large Huobi Token (HT) bullish candle was used to test the resistance level of $4.20, but it was ineffective.

These indicators show a bearish sentiment for Huobi Token (HT), with some experts predicting that Huobi Token (HT) could drop to its support level of $3.50 within Q4 of 2023 since it is still an exchange coin with limited real-world use cases.

Chainlink (LINK)

Chainlink (LINK) recently announced the Chainlink (LINK) Spring 2023 Hackathon, an event that will last from April 28th to June 9th. Users can develop more quickly with the tools, resources, and knowledge the Chainlink (LINK) Spring 2023 Hackathon provides.

Currently, Chainlink (LINK) is trading hands at $7.43, up 2.59% overnight. The Chainlink (LINK) technical analysis also shows a bullish sentiment with all moving averages in the green.

However, analysts predict that even if Chainlink (LINK) sees a good price movement soon, investing in projects with long-term growth potential could yield more gains. They forecast a rise to its resistance level of $7.65 before heading south again, as bulls may not maintain the momentum at the top trendline by December 2023 for Chainlink (LINK).

Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk

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