After an excellent start in 2023, the crypto market is slowly correcting itself, with many coins now going downward. Even popular tokens like Polkadot (DOT) and Litecoin (LTC) are slowly losing ground while up-and-coming projects begin to shine. Collateral Network (COLT) – the world’s first crypto challenger lender currently in Stage 1 of its public presale, has recently made headlines in the crypto sphere. Keep reading this article to find out why!
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Polkadot (DOT)
The blockchain network dubbed Polkadot (DOT) is made to accommodate a variety of parachains. The Polkadot (DOT) token validates rights and covers service charges and governance.
Polkadot (DOT) recently announced PolkadotBled, a three-week hackathon on NFT solutions that will begin on April 17th. However, this news did not noticeably impact the Polkadot (DOT) token price, as it has struggled in the last week.
Sentiment around Polkadot (DOT) is bearish, with many technical indicators showing red. Because of this, experts are predicting a fall to $5.20 for the Polkadot (DOT) token soon. At the moment, Polkadot (DOT) is trading for $5.86 with a market cap of $6.8B, a decrease of 2.45% in the last 24 hours.
Litecoin (LTC)
Blockchain technology is used by the decentralized cryptocurrency known as Litecoin (LTC) to provide safe and private digital transactions. As the second-ever crypto created in 2011, Litecoin (LTC) is the first-ever altcoin created, and it aims to offer faster transactions than Bitcoin (BTC).
Litecoin (LTC) payments make up 9.5% of all crypto payments made to CoinGate clients, based on a recent report from CoinGate itself. As Litecoin (LTC) gains more adoption and catches the eye of different entities, so will the demand for it rise.
Litecoin (LTC) has a value of $86.31, a drop of 2.66% in the past day alone. On a positive note, the Litecoin (LTC) trading volume increased by 24% in that same period, at $585,459,889. Even if Litecoin (LTC) reaches $90 soon, investing in other projects with more growth potential and utility would be more beneficial.
>>BUY COLT TOKENS NOW<<
The Collateral Network (COLT)
Collateral Network (COLT) is an upcoming innovative crowdlending platform that allows anyone throughout the planet to borrow against real-world assets using blockchain technology. Collateral Network (COLT) will source, authenticate and keep physical assets (cars, watches, etc.) in safe warehouses, mint an NFT underpinned by the actual asset, fractionalize it, and allow lenders to fund the loan for a fixed interest rate!
Moreover, the Collateral Networks lending platform makes use of artificial intelligence (AI) to develop algorithmic loan rates and properly assess assets. Blockchain technology will also store all the contractual terms in the metadata of the NFTs, which cannot be modified, meaning an open and transparent environment for every party involved!
The COLT token will be at the core of this project, bringing many benefits and perks to its holders. Staking rewards, borrowing or trading fee discounts, and governance are just some of the perks you can now obtain for just $0.01! The presale is young, but demand is high – so much so that many experts believe COLT may reach the $0.35 mark within the next six months!
Experts have even hinted at the possibility of COLT becoming a blue-chip crypto, which you can purchase for a very affordable price, so sign up for its presale now!
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclaimer
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