All Eyes Are on Litecoin, Bitcoin, and COLT
As the Litecoin (LTC) halving event looms near, experts believe the token will rally soon. Meanwhile, the future of Bitcoin (BTC) remains blurry, with most expecting the Bitcoin coin to register its first monthly losses of the year. On the other hand, Collateral Network (COLT), currently in its public presale, continues to stun the crypto world, set to deliver 3500% gains to holders and revolutionize the lending industry as we know it.
Collateral Network (COLT) – Bringing Unmatched Real-World Utility to the DeFi Industry
As the overall crypto market is in a stalemate, investors are looking for new and exciting projects that will bring them high returns. Many of them have found their answer in Collateral Network (COLT), dubbing it the shining new star that has the potential to transform the way lending works and overtake the trillion-dollar lending industry.
Namely, Collateral Network is the world’s first Web3 peer-to-peer crowdlending platform that will allow users to borrow crypto by leveraging their physical assets on the blockchain, including art, cars, gold, fine wines, watches, and other valuables.
The way borrowing via Collateral Network works is simple. For instance, let’s say you have a $30,000 watch and need funds for your company. You send your watch to the Collateral Network, whose fully-doxed team uses AI to value your asset and stores it in a highly secure vault.
Next, COLT mints an NFT of the asset and fractionalizes it into smaller pieces to sell it to many lenders worldwide and fund the loan. Moreover, lenders that buy a fraction or fractions of the NFT can use this fractionalized lending process COLT implements to create a diverse portfolio of many small loans, earning a weekly passive income in return.
Then, once you’ve repaid the loan, Collateral Network burns the NFT and returns your asset.
This game-changing real-world utility that Collateral Network will bring to the DeFi industry will not only change how people get funds but will also enable users worldwide to liquidate their assets quickly and get the money they need without leaving a mark on their credit files.
Additionally, Collateral Network will offer many exclusive benefits to token holders, including discounts on trading/borrowing fees, governance rights, and access to private online auctions (where COLT will enable lenders to recover their funds in case a borrower defaults on their loan).
Currently, Collateral Network (COLT) is in its public presale, with its price already surging by 40%, going from its initial $0.01 price to now trading at $0.014. Moreover, the unique nature of Collateral Network (COLT) and its unprecedented utility has experts predicting a 3500% growth potential for the token, making it a very much-needed light in this otherwise gloomy crypto market.
Litecoin (LTC) To Rally Before its Halving Event
As the next Litecoin (LTC) halving event grows near, the Litecoin token is trading in the green, outperforming Bitcoin by 0.73%. Additionally, experts say that the next several days will be vital for the Litecoin price, saying that Litecoin (LTC) needs to break above the $93 resistance level to start a rally.
The Litecoin (LTC) token is currently trading at $92.06, marking a 0.77% increase in the past 24 hours. This Litecoin price level leads analysts to believe that Litecoin is currently consolidating, making the possibility for a price rally before the halving event happens even more likely.
As a result, analysts say that Litecoin is in a bullish trend, stating that Litecoin (LTC) could hit the $100 mark before the year ends.
Bitcoin (BTC) To Experience Its First Monthly Losses of the Year
The current macroeconomic climate and high inflation rates have hit the crypto market hard, with Bitcoin being one of the most affected tokens. Last week, Bitcoin (BTC) traded at $25,900, experiencing a period of low Bitcoin trading volumes and volatility.
However, since then, Bitcoin (BTC) has increased in price, currently trading at $27,709.99, down 0.23% since yesterday.
Still, this recent upward movement in the Bitcoin price was not enough to balance out the previous lower Bitcoin exchange rates, causing experts to believe that Bitcoin is headed for a 7% monthly decline, its first in 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
As the Litecoin (LTC) halving event looms near, experts believe the token will rally soon. Meanwhile, the future of Bitcoin (BTC) remains blurry, with most expecting the Bitcoin coin to register its first monthly losses of the year. On the other hand, Collateral Network (COLT), currently in its public presale, continues to stun the crypto world, set to deliver 3500% gains to holders and revolutionize the lending industry as we know it.
Collateral Network (COLT) – Bringing Unmatched Real-World Utility to the DeFi Industry
As the overall crypto market is in a stalemate, investors are looking for new and exciting projects that will bring them high returns. Many of them have found their answer in Collateral Network (COLT), dubbing it the shining new star that has the potential to transform the way lending works and overtake the trillion-dollar lending industry.
Namely, Collateral Network is the world’s first Web3 peer-to-peer crowdlending platform that will allow users to borrow crypto by leveraging their physical assets on the blockchain, including art, cars, gold, fine wines, watches, and other valuables.
The way borrowing via Collateral Network works is simple. For instance, let’s say you have a $30,000 watch and need funds for your company. You send your watch to the Collateral Network, whose fully-doxed team uses AI to value your asset and stores it in a highly secure vault.
Next, COLT mints an NFT of the asset and fractionalizes it into smaller pieces to sell it to many lenders worldwide and fund the loan. Moreover, lenders that buy a fraction or fractions of the NFT can use this fractionalized lending process COLT implements to create a diverse portfolio of many small loans, earning a weekly passive income in return.
Then, once you’ve repaid the loan, Collateral Network burns the NFT and returns your asset.
This game-changing real-world utility that Collateral Network will bring to the DeFi industry will not only change how people get funds but will also enable users worldwide to liquidate their assets quickly and get the money they need without leaving a mark on their credit files.
Additionally, Collateral Network will offer many exclusive benefits to token holders, including discounts on trading/borrowing fees, governance rights, and access to private online auctions (where COLT will enable lenders to recover their funds in case a borrower defaults on their loan).
Currently, Collateral Network (COLT) is in its public presale, with its price already surging by 40%, going from its initial $0.01 price to now trading at $0.014. Moreover, the unique nature of Collateral Network (COLT) and its unprecedented utility has experts predicting a 3500% growth potential for the token, making it a very much-needed light in this otherwise gloomy crypto market.
Litecoin (LTC) To Rally Before its Halving Event
As the next Litecoin (LTC) halving event grows near, the Litecoin token is trading in the green, outperforming Bitcoin by 0.73%. Additionally, experts say that the next several days will be vital for the Litecoin price, saying that Litecoin (LTC) needs to break above the $93 resistance level to start a rally.
The Litecoin (LTC) token is currently trading at $92.06, marking a 0.77% increase in the past 24 hours. This Litecoin price level leads analysts to believe that Litecoin is currently consolidating, making the possibility for a price rally before the halving event happens even more likely.
As a result, analysts say that Litecoin is in a bullish trend, stating that Litecoin (LTC) could hit the $100 mark before the year ends.
Bitcoin (BTC) To Experience Its First Monthly Losses of the Year
The current macroeconomic climate and high inflation rates have hit the crypto market hard, with Bitcoin being one of the most affected tokens. Last week, Bitcoin (BTC) traded at $25,900, experiencing a period of low Bitcoin trading volumes and volatility.
However, since then, Bitcoin (BTC) has increased in price, currently trading at $27,709.99, down 0.23% since yesterday.
Still, this recent upward movement in the Bitcoin price was not enough to balance out the previous lower Bitcoin exchange rates, causing experts to believe that Bitcoin is headed for a 7% monthly decline, its first in 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
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