As Litecoin Prices Drop, Investors Switch to MATIC and COLT
Litecoin (LTC) bulls have struggled to capitalize on the halving hype surrounding the token. As a result, many are switching to Polygon (MATIC), boosting its network activity. However, both are overpowered by Collateral Network (COLT), which has investors rushing to its presale to buy up tokens and take part in the 3500% growth COLT is predicted to bring.
Collateral Network (COLT) – The Next Best Thing in Crypto
Collateral Network is a strong contender for revolutionizing not only the crypto market but also the trillion-dollar lending industry. Collateral Network is the first-ever decentralized lending platform on the blockchain that will enable users to unlock crypto by leveraging their tangible assets, including cars, art, jewelry, watches, and other valuables.
To get a loan via Collateral Network, you send your asset to the Collateral Network team, which stores it in a highly secure vault and uses AI to value the physical asset, ensuring you get a fair price. Additionally, borrowers will receive funds within 24 hours, no matter where they are in the world.
On the other hand, lenders can greatly benefit from Collateral Network’s fractionalized lending process, which involves Collateral Network minting 100% asset-backed NFTs and fractionalizing them into smaller pieces. This, in turn, enables multiple lenders to buy as many fractions as they want and fund loans with smaller amounts, creating a diverse portfolio of small loans and a weekly passive income for themselves.
Currently, investors can buy Collateral Network tokens at presale, with their price already surging 40%, going from $0.01 to $0.014 in a short time period. And due to the unprecedented real-world utility and exclusive benefits that Collateral Network will deliver, experts predict that Collateral Network will skyrocket by 3500% before its presale ends.
Where Will Litecoin (LTC) Go Before its Next Halving Event?
As the Litecoin halving event approaches, Litecoin seems to be switching gears constantly. Namely, despite Litecoin reaching a new milestone, processing over 160 million Litecoin transactions to date, experts say that the overall Litecoin performance shows signs of decreased demand for the Litecoin token.
This comes as the Litecoin (LTC) price fell from trading at $94 to $84 in a week, suggesting that Litecoin bulls are in no rush to create momentum. Moreover, experts say that a stronger bullish trend will likely come four to two weeks before the Litecoin halving event actually happens.
Will Polygon (MATIC) Maintain its Top-10 Crypto Position?
As Polygon announces its plans to improve and expand the Polygon network, investors are buying up the Polygon token, causing it to gain 12% this past week. This, in turn, caused the Polygon user activity to increase by 25%.
However, Polygon still faces some challenges in maintaining its top-10 position, as the Polygon (MATIC) token struggles to break above the $1 mark. Currently, Polygon (MATIC) trades at $0.89, marking a 0.34% decrease since yesterday. Additionally, the Polygon trading volume dropped by 12.74% in the last 24 hours.
Still, experts believe that Polygon could experience a long-term bullish trend mostly due to the improvements that are yet to come.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://presale.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Litecoin (LTC) bulls have struggled to capitalize on the halving hype surrounding the token. As a result, many are switching to Polygon (MATIC), boosting its network activity. However, both are overpowered by Collateral Network (COLT), which has investors rushing to its presale to buy up tokens and take part in the 3500% growth COLT is predicted to bring.
Collateral Network (COLT) – The Next Best Thing in Crypto
Collateral Network is a strong contender for revolutionizing not only the crypto market but also the trillion-dollar lending industry. Collateral Network is the first-ever decentralized lending platform on the blockchain that will enable users to unlock crypto by leveraging their tangible assets, including cars, art, jewelry, watches, and other valuables.
To get a loan via Collateral Network, you send your asset to the Collateral Network team, which stores it in a highly secure vault and uses AI to value the physical asset, ensuring you get a fair price. Additionally, borrowers will receive funds within 24 hours, no matter where they are in the world.
On the other hand, lenders can greatly benefit from Collateral Network’s fractionalized lending process, which involves Collateral Network minting 100% asset-backed NFTs and fractionalizing them into smaller pieces. This, in turn, enables multiple lenders to buy as many fractions as they want and fund loans with smaller amounts, creating a diverse portfolio of small loans and a weekly passive income for themselves.
Currently, investors can buy Collateral Network tokens at presale, with their price already surging 40%, going from $0.01 to $0.014 in a short time period. And due to the unprecedented real-world utility and exclusive benefits that Collateral Network will deliver, experts predict that Collateral Network will skyrocket by 3500% before its presale ends.
Where Will Litecoin (LTC) Go Before its Next Halving Event?
As the Litecoin halving event approaches, Litecoin seems to be switching gears constantly. Namely, despite Litecoin reaching a new milestone, processing over 160 million Litecoin transactions to date, experts say that the overall Litecoin performance shows signs of decreased demand for the Litecoin token.
This comes as the Litecoin (LTC) price fell from trading at $94 to $84 in a week, suggesting that Litecoin bulls are in no rush to create momentum. Moreover, experts say that a stronger bullish trend will likely come four to two weeks before the Litecoin halving event actually happens.
Will Polygon (MATIC) Maintain its Top-10 Crypto Position?
As Polygon announces its plans to improve and expand the Polygon network, investors are buying up the Polygon token, causing it to gain 12% this past week. This, in turn, caused the Polygon user activity to increase by 25%.
However, Polygon still faces some challenges in maintaining its top-10 position, as the Polygon (MATIC) token struggles to break above the $1 mark. Currently, Polygon (MATIC) trades at $0.89, marking a 0.34% decrease since yesterday. Additionally, the Polygon trading volume dropped by 12.74% in the last 24 hours.
Still, experts believe that Polygon could experience a long-term bullish trend mostly due to the improvements that are yet to come.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://presale.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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