Looking for a Dogecoin (DOGE) and Hedera (HBAR) Replacement? Check out the Collateral Network (COLT) Presale
Investor focus has switched to the cryptocurrency sector due to […]
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Investor focus has switched to the cryptocurrency sector due to the recent demise of two U.S. banks, Silicon Valley and Signature Bank. As a result, the value of numerous tokens, including Dogecoin (DOGE) and Hedera (HBAR), began to rise.
However, one project in stage 1 of its presale with a token price of only $0.01 has gained mass attention as it aims to revolutionize the lending industry – Collateral Network (COLT). Today, we will compare all three cryptos and see how they may stack up in 2023.
Dogecoin (DOGE)
This past month, Dogecoin (DOGE) miners boosted their holdings with over 360M coins, per IntoTheBlock data. According to on-chain statistics, this increase may have significantly fueled the current Dogecoin (DOGE) price spike.
Currently, Dogecoin (DOGE) has a value of $0.07873, an increase in the past 24 hours. Moreover, the technical analysis for Dogecoin (DOGE) also paints a good picture of the crypto as both moving averages and technical indicators are green.
Although analysts believe Dogecoin (DOGE) could reach $0.099 by December 2023, remember that it still lacks any real-world utility, which could push it past the $1 mark. On the other hand, the trading volume for Dogecoin (DOGE) sits at $676,105,590, which is a fall overnight. This could spell trouble for the future outlook of Dogecoin (DOGE) as selling pressure continues growing.
Hedera (HBAR)
Recently, Hedera (HBAR) announced a new education program named “Beyond Blockchain: #Hashgraph.” It hopes to help Web2 developers transition to Web3. Hedera (HBAR) has partnered up with Tribe to develop this program from April to November of 2023.
This news caused a rally for the Hedera (HBAR) crypto, as it is now worth $0.07197, up in the last day alone. The trading volume for Hedera (HBAR) has also increased in that period and now stands at $74,142,978.
All moving averages and technical indicators for Hedera (HBAR) also show strong buy signals, which shows that a bullish trend may come soon. If this momentum continues, Hedera (HBAR) could rise to $0.075, and bullish experts forecast that Hedera (HBAR) may even pass the $0.088 mark by the end of 2023.
Collateral Network (COLT)
Collateral Network (COLT) will establish the first-ever decentralized peer-to-peer lending platform where users may unlock liquidity from their off-chain assets, such as real estate, exquisite wines and art pieces, to raise money for loans required at a certain amount without selling the item itself.
Say you need a short-term loan; you can use one tangible asset as collateral and deliver it to Collateral Network (COLT), which will then mint an NFT representing the physical asset itself (a 100% asset-backed NFT) and store it on-chain. Next, Collateral Network (COLT) will fractionalize the NFT and allow the large community to become fractional lenders as they buy into it partially, thus raising money for the loan required by the borrower. In return, lenders will receive a fixed interest rate of income paid out weekly.
The vast Collateral Network (COLT) ecosystem will also encompass an auction site where COLT token holders can purchase distressed items for below market value, a marketplace and crowdlending components.
Also, the Collateral Network (COLT) project liquidity pool will be frozen for 33 years, and the token smart contract has already been audited – no rug-pulls here.
Owning the Collateral Network (COLT) project’s native token, COLT will save money on borrowing/trading expenses, staking rewards, governance rights, access to special VIP groups and more. Given that COLT currently has a value of $0.01, now is a perfect moment to purchase a token that some analysts believe could jump to $0.35 soon. But be quick, when the Collateral Network (COLT) token gets listed on Uniswap (UNI), its price could surge by 100x.
Follow the links below and sign up for a presale that analysts believe presents one of the best investment options of 2023.
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 paid press release. Coinfomania does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their research before taking any actions related to the company stated in the press release.
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