Many crypto projects have been popping up daily, but not everyone may be profitable in the long run. However, analysts have taken notice of a project that could become a presale star – the Collateral Network (COLT), the world’s first crypto challenger lender currently in Stage 1 of its presale! But what are some other tokens to watch in 2023? Could BNB (BNB) and Avalanche (AVAX) be some of them? Let’s find out!
BNB (BNB)
Recently, Binance has been accused of plagiarism after the release of Bicasso, an AI-based non-fungible token (NFT) generation tool, according to a BNB (BNB) Chain hackathon winner. Binance dismissed the accusations stating that AI is a standard technology many individuals utilize on the BNB (BNB) chain.
Bears are now in control of BNB (BNB), as many technical indicators are again showing red. The BNB (BNB) coin price is $323.38, down 0.40% in the past 24 hours. Not only that, the trading volume for BNB (BNB) has also dropped by 39% in that same time.
Analysts believe BNB (BNB) could fall to $310 if this bearish trend continues, while bullish predictions state the coin could rise to $350. Ultimately, BNB (BNB) offers volatility in the short term, and projects with greater upside potential would yield more gains.
The Collateral Network (COLT)
Collateral Network (COLT) will revolutionize the crowdlending sector by developing the first decentralized crowdlending platform that will allow individuals to become fractional lenders and help borrowers reach their funding goals! NFTs will be issued through Collateral Network (COLT) using tangible assets supplied by borrowers like real estate and gold bars underpinning them. These tokens are then fractionalized and users can purchase them partially – funding the loans for a predetermined interest rate!
This unique system will help borrowers and lenders as borrowers will get cash quickly (24-hour turnaround), while lenders will benefit from a fixed interest rate paid out weekly!
Do you have any security concerns? Do not worry; the Collateral Network (COLT) team will lock liquidity for 33 years after the presale ends and the smart contract has already been audited.
The COLT token will power this platform, providing holders passive income through staking, governance voting rights, and various trading and borrowing discounts! This token, currently in Stage 1 of its presale, has a value of $0.01, but do not wait to purchase it! As the presale advances, so will its price, with some analysts predicting a $0.35 price point for the COLT token in the next six months!
We believe Collateral Network (COLT) could be one of the best investment prospects in 2023, which you can now follow by signing up for the presale below!
Avalanche (AVAX)
In the past week, Avalanche (AVAX) has suffered as it lost nearly 13% of its market cap and 3% of its total value locked (TVL). On a positive note, more active addresses on the Avalanche (AVAX) network showed interest in the project.
Currently, Avalanche (AVAX) is trading hands for $16.10, a fall of 2.38% in the last day alone. Not only that, the Avalanche (AVAX) trading volume has also dropped by 33% in that same time. With these bloody charts, the sentiment for Avalanche (AVAX) is bearish at the moment.
The Avalanche (AVAX) coin is expected to drop further, with many technical indicators showing red. Bearish analysts predict Avalanche (AVAX) will soon fall behind the $12 support level.
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: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
