The crypto markets are green again for the most part, and tokens with prospects have been seeing a healthy pump in value. Among the notable ones are Polkadot (DOT), Collateral Network (COLT) and Litecoin (LTC), three top-tier tokens that have pumped and will most likely go higher as things get better.
Collateral Network (COLT), the Web3 challenger lender, in particular, is being tipped for an impressive 3500% growth.
Collateral Network (COLT)
Collateral Network (COLT) aims to become the world’s first peer-to-peer lending platform. It hopes to disrupt dependency on the pawnbroking system that is archaic and untrustworthy.
Ever wanted to take a short-term loan against a prized asset like a fine art piece? Well, with Collateral Network (COLT), it is enough. How? The process is simple. You give the art as collateral to Collateral Network (COLT), which will be valued and locked in a secure vault.
Once in the vault, an NFT representing the item is minted and fractionalized, meaning that multiple lenders can help fund the loans with smaller amounts of money for a determined interest rate and period. Interest is paid weekly and should a borrower default on a loan, the asset will be repossessed and sold at auction to recover lenders funds, but if successful, the asset will be returned to the borrower from the vault and they will receive their loan amount.
Collateral Network (COLT) has been making waves since its presale kicked off because of its proposed real-world utility, with many interested in its token features. The Collateral Network (COLT) token, COLT, will give holders access to benefits like discounts, auctions, staking and governance rights.
The Collateral Network (COLT) token presale kicked off at $0.01 and has seen a lot of action from the smart money folks who believe in the vision of peer-to-peer lending as it has now surged by 40% to $0.014. There will be a total supply of 1,400,000,000 Collateral Network (COLT) tokens; however, only 38% will be available during the presale.
Experts believe that the Collateral Network (COLT) token will rise in value as the presale goes on, and when it gets listed on DEXs and CEXs, the value is sure to increase by over 100x.
Polkadot (DOT)
Towards the end of March, Polkadot (DOT) revealed a strategic partnership with the Stellar network to increase liquidity. Both networks will reportedly be linked by the Spacewalk bridge, a new variation on one of the Polkadot (DOT) parachains, the Pendulum Chain.
As far as many were concerned, this was great news, and the Polkadot (DOT) price rose by a whopping 7% within the day. It was a tremendous upward move. However, it has been corrected, and now the Polkadot (DOT) price has fallen to $6.65.
The upward trend is expected to continue; however, some resistance around $6.75 for Polkadot (DOT) has left some skeptical. Polkadot (DOT) is one of the known volatile tokens in the markets, and this signifies the possibility of future resistance, but until then, Polkadot (DOT) investors remain confident.
Litecoin (LTC)
Litecoin (LTC) is currently down over 76.2% from its all-time high of $412, which it achieved in May 2021; however, many still see potential in the token. Litecoin (LTC) was designed to offer fast, safe and low-cost payments, so it has maintained relevance among merchants.
Litecoin (LTC) is trading above $98 but is making moves in a crucial zone of resistance. If Litecoin (LTC) can’t close daily above the resistance zone, experts predict a fall to $82; however, if it can, Litecoin (LTC) can keep up with the upward trend and get to $99.
If Litecoin (LTC) stays above that zone for a considerable time, analysts say Litecoin (LTC) may get as high as $110.
Read more about the COLT presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.