Zcash (ZEC) and Monero (XMR) left behind, Collateral Network (COLT) called the next crypto to explode in 2023

Privacy and transparency have always been key factors that investors look for in each coin. And as of late, Zcash (ZEC), Monero (XMR) and Collateral Network (COLT) have been prime targets for transparent and safe investments, with COLT most notably set for colossal 3500% returns over the next few months according to analysts.


Collateral Network (COLT)

Collateral Network (COLT) will be the first Web3 decentralized crowdlending platform on the blockchain for real-world assets. Anybody can borrow money via Collateral Network (COLT) by putting up watches, real estate and other rare collectibles as collateral.

The process of borrowing money on the Collateral Network (COLT) is simple. For example, if you have a watch worth $15,000, you can send it to Collateral Network (COLT) to have it authenticated and then borrow funds against its value.

Then, Collateral Network (COLT) mints an NFT to represent the physical version of the asset. Afterwards, the 100% asset-backed NFT is fractionalized into smaller pieces, enabling multiple lenders to lend small amounts of money and get weekly fixed-interest payments in return.

Also, Collateral Network (COLT) will hold exclusive online auctions for distressed assets in the event that loan repayments default that COLT holders can access. Here, COLT token holders will be able to buy the assets of the defaulted loan below market value. As well as this, COLT holders will receive benefits like staking, governance rights to decide the platform’s future, and more.

Currently, Collateral Network (COLT) is in the second stage of its public presale, and the Collateral Network (COLT) token is trading at $0.014. Experts believe that the COLT token has the potential to deliver 3500% gains to holders in the upcoming months.

Zcash (ZEC)

The Zcash (ZEC) network has been reflecting the crypto market’s volatility in its performance over the last week. Experts have been wondering whether Zcash (ZEC) can rise to its old glory once again.

Well, as developers point out recent Zcash (ZEC) vulnerabilities in the Zcash (ZEC) network, the Zcash (ZEC) token price decreased by 2.82% at the time of writing, currently trading at $39.09.

And, as Zcash (ZEC) undergoes price consolidation, market analysts say that the Zcash (ZEC) major support is at the $30 level, while Zcash (ZEC) major resistance is at the $50 level.

This has led experts to dub Zcash (ZEC) a relatively moderate-risk investment. Moreover, experts point out that because the Zcash (ZEC) RSI is currently in the overbought zone, a potential downturn is possible in the near future.


Monero (XMR)

Investors consider Monero (XMR) to be one of the most anonymous and secure cryptocurrencies on the market. Monero (XMR) transactions are confidential and untraceable, ensuring the privacy of all Monero (XMR) holders.

However, investors have been turning away from Monero (XMR) as of late due to the poor Monero (XMR) performance over the last several days. Specifically, Monero (XMR), at the time of writing, is trading at $162.15 per XMR token, with a 0.13% decrease in the Monero (XMR) price. Additionally, the Monero (XMR) market volume has decreased by 4.41%.

All of these factors have led experts to deduce that Monero (XMR) will continue on its bearish trend for at least six more months.

Explore 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 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.

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