Are you looking to add cryptocurrency to your investment portfolio? Look at Collateral Network (COLT), a project currently in its presale run that is predicted to soar by 35x soon. This is an excellent jump, with some experts even claiming it could provide more return on investment (ROI) than known coins such as Cardano (ADA) and Dogecoin (DOGE).
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Cardano (ADA)
The Lace Wallet, IOG’s first native Cardano (ADA) network wallet, was just made public. With direct access to the Cardano (ADA) network, this wallet allows users to run decentralized apps built on the Cardano (ADA) platform.
This news sparked a slight jump in the Cardano (ADA) value as, at the time of writing, it trades at $0.4352 with a market cap of $15 billion, up 5.15% in the past 24 hours. The trading volume for Cardano (ADA) has also increased by 63% in that same period, reaching $714,331,992.
A bullish sentiment can also be seen for the crypto, with most of the technical indicators for Cardano (ADA) currently showing buy signals. Experts predict that $0.55 may be the bulls’ primary objective for the rest of the year. But, some Cardano (ADA) holders may find this valuation underwhelming as the all-time high of $3.09 may not be reached any time soon.
Dogecoin (DOGE)
Elon Musk has reportedly offered a bounty of 1 million Dogecoin (DOGE) tokens to those who can prove that he has an emerald mine, suggesting that he is tired of the accusations. For Musk, who is listed as a billionaire on the Forbes list with a net worth of around $185 billion US dollars, this number of Dogecoin (DOGE) is pennies on the dollar.
After this claim, Dogecoin (DOGE) saw a 2.50% jump and at the time of writing, has a value of $0.08924. The 24-hour trading volume for Dogecoin (DOGE) also rose by 3.78% and now stands at $864,057,273.
When looking at the technical analysis for Dogecoin (DOGE), we can see a neutral situation, with most of its technical indicators showing neutral signals.
According to experts, these charts show that interest in Dogecoin (DOGE) could wane, but investors must hold off and move past the resistance level of $0.10075. They predict that Dogecoin (DOGE) could reach $0.25 by December 2023, which could cause some investors to sidestep it as they look for projects with substantial long-term profitability.
Collateral Network (COLT)
Collateral Network (COLT) aims to disrupt the old-fashioned pawnbroking industry by bringingoff-chain assets onto the blockchain. This decentralized Web3 peer-to-peer (P2P) lending platform will allow individuals from around the globe to borrow funds against physical items they own.
Assets such as vintage cars, rare art pieces, and jewelry can be used as collateral and sent to Collateral Network (COLT), which will take the first legal charge over the asset and mint an NFT backed by the item itself. Afterward, this NFT will be fractionalized, and the Collateral Network (COLT) lender community will be able to purchase it partially – becoming fractional lenders and funding the loan in the process and able to receive a fixed interest weekly income.
The project liquidity pool will be frozen for 33 years while team tokens for 2 – eliminating any rug-pull fears. This fact, combined with 2FA security options, makes Collateral Network (COLT) one of the most secure investment options currently available.
The Collateral Network (COLT) native token COLT is presently in stage 2 of its presale and costs just $0.014 per token. Plus, Collateral Network (COLT) holders may have access to auctions for distressed assets, staking bonuses, borrowing/trading fee discounts and more.
Analysts are bullish on COLT because they anticipate a 35x increase in value in the coming five months, hitting $0.35. Follow the links below and sign up for the Collateral Network (COLT) presale that could become a game-changer in the lending industry with excellent short and long-term growth potential.
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
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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