The volatility of the crypto market continues to keep investors on their toes. Recently, the crypto world has been buzzing with price predictions for Dogecoin (DOGE) coming in, while experts point to Solana (SOL) as a great investment option.
But the real head-turner here is the Collateral Network (COLT), which has shown a 3500% growth potential while in Stage 1 of its public presale.
Collateral Network (COLT)
The Collateral Network (COLT) has been making waves in the crypto world. COLT is set to revolutionize the lending industry with its decentralized Web3 peer-to-peer lending platform for real-world assets.
The Collateral Network (COLT) provides a place where people can set up their watches, real estate, fine wines, and vintage cars as collateral and borrow money against them.
Additionally, Collateral Network (COLT) places NFTs at the heart of its operations and turns the borrower’s asset into a 100% asset-backed NFT. This NFT is further fractionalized into smaller pieces to enable anyone to lend a smaller amount of money for an agreed-upon interest rate. The Collateral Network (COLT) team refers to this as fractional lending.
Moreover, the NFTs are kept in the Collateral Network (COLT) vault, ensuring that high-end security tools protect them. And, if a borrower defaults on their loan, Collateral Network (COLT) auctions off their NFT to recover the lender’s money.
The Collateral Network (COLT) is currently in Stage 1 of its public presale, with COLT tokens trading at $0.01 per token. However, experts believe that COLT can reach $0.35 in upcoming months, marking a 3500% rise.
Dogecoin (DOGE)
The popular meme coin has been getting a lot of traction recently, and we have Elon Musk to thank for it. The founder of Dogecoin (DOGE) and controversial Twitter owner has done his thing once again and changed the Twitter bird logo to the Shiba Inu dog image associated with Dogecoin (DOGE).
Now, this move might be limited to US users only, as Twitter’s logo remains the same in other regions. Nonetheless, Dogecoin (DOGE) blossomed, marking a 30% rise and reaching $0.104, the highest Dogecoin (DOGE) price since December 2022.
However, as a few days passed since the logo change, the Dogecoin (DOGE) token has decreased in value. Dogecoin (DOGE) is currently trading at $0.0894. This marks an 8.37% price fall in the last 24 hours (at the time of writing), leaving investors to speculate whether Dogecoin (DOGE) will continue to fall to previous levels or experience another boost in value.
Solana (SOL)
As Solana (SOL) completes 77% of its NFT migration to the Polygon network and announces that the Helium communication network will be migrating to the Solana (SOL) network, things are looking up for Solana (SOL) holders.
However, experts believe that if the overall crypto market does not make bullish moves in the upcoming months, the Solana (SOL) token will continue to trade sideways under the $25 resistance level.
As this is being written, the Solana (SOL) token is trading at $20.66, with the Solana (SOL) price going down by 2.06% at the time of writing. But if a bullish trend does take over, Solana (SOL) could push well above the $25 mark and aim toward $80.
Discover 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
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