Litecoin Price Prediction – Bitcoin Cash and Collateral Network Swarmes By Investors
As the global economy is going through a tumultuous phase, many are finding cryptocurrencies as a better investment option. However, not all cryptocurrencies can be deemed good. In this article, we will focus on Litecoin (LTC), Bitcoin Cash (BCH), and Collateral Network (COLT).
Litecoin (LTC) Grows Ahead Of Halving Event
Due to the increasing demand for LTC, the Litecoin network has witnessed a surge in price. Although meager, the market value of Litecoin has increased by 1% in the past month. As a result, Litecoin (LTC) is now trading at $91.44.
According to experts, Litecoin will register more demand for LTC in the next few weeks due to its upcoming halving event. They believe that whales and big investors are holding their Litecoin tokens, creating a scarcity of LTC in the market.
This scarcity, in turn, can create more demand for Litecoin ahead of the halving event and further increase the market value of Litecoin. The upcoming halving event of Litecoin is scheduled to take place in August 2023.
Positive Sentiments Around Bitcoin Cash (BCH) Increase
Although the overall crypto market is sluggish, Bitcoin Cash has been introducing new features and updates frequently. In the latest event, Bitcoin Cash announced that the Atomic Swap is being improved and has been open-sourced. Besides, CashDisk with Bitcoin Cash payment has also been open-sourced.
These developments have created a positive sentiment in the Bitcoin Cash community. But the price of Bitcoin Cash (BCH) is yet to reflect the same bullish impact. Bitcoin Cash has witnessed a drop of 2% in its price in the past week. As a result, Bitcoin Cash (BCH) is currently being traded at $114.89.
Growth-inducing Collateral Network (COLT) Gets Pumped
Collateral Network is a disruptive blockchain-powered platform that enables people to unlock liquidity against their physical assets. A range of asset classes can be used as collateral on Collateral Network, such as fine wine, vintage cars, watches, fine art, and more.
On this cross-chain network, users can get liquidity at competitive interest rates. To borrow on Collateral Network, people need to send their real-world assets to the platform. The collateralized assets are assessed by a team of experts with the help of artificial intelligence. Next, Collateral Network mints fractionalized non-fungible tokens (NFTs) against these assets, which are stored in secured vaults for the loan duration.
Users can unlock liquidity on the platform on flexible terms within 24 hours. Moreover, their credit history is not impacted by taking loans on Collateral Network.
People willing to lend can buy these NFTs fractions from a decentralized marketplace. In return, they receive a weekly passive income from the loan’s interest; therefore, the ROI does not depend on market fluctuations. Collateral Network will also organize online private auctions where distressed assets will be sold to recover funds in the event of loan default.
Collateral Network token holders will be given governance rights, staking rewards, and access to private auctions. Collateral Network’s presale phase is ongoing, and the current price of COLT tokens is $0.014. Moreover, Collateral Network (COLT) is forecasted to surge 35x during the presale and 100x after hitting multiple DEXs and CEXs.
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
As the global economy is going through a tumultuous phase, many are finding cryptocurrencies as a better investment option. However, not all cryptocurrencies can be deemed good. In this article, we will focus on Litecoin (LTC), Bitcoin Cash (BCH), and Collateral Network (COLT).
Litecoin (LTC) Grows Ahead Of Halving Event
Due to the increasing demand for LTC, the Litecoin network has witnessed a surge in price. Although meager, the market value of Litecoin has increased by 1% in the past month. As a result, Litecoin (LTC) is now trading at $91.44.
According to experts, Litecoin will register more demand for LTC in the next few weeks due to its upcoming halving event. They believe that whales and big investors are holding their Litecoin tokens, creating a scarcity of LTC in the market.
This scarcity, in turn, can create more demand for Litecoin ahead of the halving event and further increase the market value of Litecoin. The upcoming halving event of Litecoin is scheduled to take place in August 2023.
Positive Sentiments Around Bitcoin Cash (BCH) Increase
Although the overall crypto market is sluggish, Bitcoin Cash has been introducing new features and updates frequently. In the latest event, Bitcoin Cash announced that the Atomic Swap is being improved and has been open-sourced. Besides, CashDisk with Bitcoin Cash payment has also been open-sourced.
These developments have created a positive sentiment in the Bitcoin Cash community. But the price of Bitcoin Cash (BCH) is yet to reflect the same bullish impact. Bitcoin Cash has witnessed a drop of 2% in its price in the past week. As a result, Bitcoin Cash (BCH) is currently being traded at $114.89.
Growth-inducing Collateral Network (COLT) Gets Pumped
Collateral Network is a disruptive blockchain-powered platform that enables people to unlock liquidity against their physical assets. A range of asset classes can be used as collateral on Collateral Network, such as fine wine, vintage cars, watches, fine art, and more.
On this cross-chain network, users can get liquidity at competitive interest rates. To borrow on Collateral Network, people need to send their real-world assets to the platform. The collateralized assets are assessed by a team of experts with the help of artificial intelligence. Next, Collateral Network mints fractionalized non-fungible tokens (NFTs) against these assets, which are stored in secured vaults for the loan duration.
Users can unlock liquidity on the platform on flexible terms within 24 hours. Moreover, their credit history is not impacted by taking loans on Collateral Network.
People willing to lend can buy these NFTs fractions from a decentralized marketplace. In return, they receive a weekly passive income from the loan’s interest; therefore, the ROI does not depend on market fluctuations. Collateral Network will also organize online private auctions where distressed assets will be sold to recover funds in the event of loan default.
Collateral Network token holders will be given governance rights, staking rewards, and access to private auctions. Collateral Network’s presale phase is ongoing, and the current price of COLT tokens is $0.014. Moreover, Collateral Network (COLT) is forecasted to surge 35x during the presale and 100x after hitting multiple DEXs and CEXs.
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
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.