Litecoin price prediction – Don’t miss Out on this Revolutionary new Altcoin
Litecoin (LTC) has recently seen a record amount of transactions and active wallet addresses due to record high BTC fees. Investors are turning to a unique new coin that is expected to gain 3500% and a possible 100x after listing on major exchanges. In this article, we take a look at this new project and explore why it is set to be a potential game-changer for the industry.
What is Litecoin (LTC)?
Litecoin (LTC) was forked from the Bitcoin blockchain in 2011 and was initially designed to address Bitcoin’s shortcomings. It has established itself as a minable coin and a peer-to-peer payment system.
Founded by former Google engineer Charlie Lee, Litecoin shares similar features with Bitcoin but has a different algorithm and aims to be the coin for daily transactions by offering faster tps compared to Bitcoin (BTC).
Litecoin is mineable using ASIC miners in the same way as Bitcoin, and the recent record high of Litecoin transactions shows the need of the market as Bitcoin fees surge amid the BRC-20 frenzy. Bitcoin fees have hit a two-year high due to the rising popularity of the BRC-20 token.
Litecoin (LTC) Price Prediction
Bitcoin’s congestion has market participants desperately looking for cheaper alternatives like Litecoin to execute transactions on-chain. The popularity of BRC-20 tokens pushed Bitcoin transaction fees to the highest level since May 2021, and even Binance had to temporarily halt withdrawals via Bitcoin. This is good news for Litecoin’s price, which has experienced a record number of transactions, with the number of active wallet addresses soaring to a record high of 718,000.
LTC/USD is trading above the 100 simple moving average on the four-hour chart and slowly approaching $82, where strong resistance and profit-taking are to be expected. If the Litecoin price can surpass the immediate resistance near the $82 zone, the path of least resistance is up with not much in-between until the next key level near $85.
If this resistance also breaks, the next levels are $90 and $92. The next major support is found at the $78 level, and if bears take over, a move toward the $75 support is in the cards. The four-hour MACD is slowly entering the bullish zone, with the four-hour RSI for LTC/USD holding below 50.
The technical outlook, paired with the ongoing need for alternatives, makes Litecoin one of the go-to coins and a bullish scenario for investors.
Watch Out for This Revolutionary Altcoin – COLT
COLT is the native token of Collateral Network, a decentralized Web3 company with a new way to unlock liquidity: by collateralizing real-life assets. Collateral Network (COLT) mints physical-asset-backed NFTs to lend and borrow against all kinds of assets like cars, jewelry, real estate, gold, diamonds, art, and more.
Everybody can participate and become a lender. After a successful evaluation, the provided assets are stored in a secured vault and insured by Collateral Network. The minted NFT is fractionalized, allowing multiple people to become investors by lending crypto money.
In return, lenders receive a weekly passive income until the loan is completely repaid. This way, investors have a new way of investing that can also be built as a diversified portfolio of small loans, becoming their own banks in the process.
In addition to the passive income created by lending, COLT token holders benefit from staking rewards, governance rights, and more. Collateral Network passed the audit from SolidProof and Interfi Network, and its team is fully doxxed. Besides, the vesting schedule indicates long-term potential, with team tokens locked for two years and liquidity tokens locked for 33 years.
Why is COLT Set to Gain 3500%?
The use of blockchain technology has automated the lending process, and Collateral Network is leveraging this to globalize geographical access with a first-mover advantage in an untapped market. The platform offers anyone the opportunity to participate and benefit from low fees and the possibility to earn passive income.
With plans to expand the ecosystem by bridging to multiple blockchains, the new, unique, and revolutionary business model is set to disrupt the peer-to-peer lending market, and the global customer base ensures growing demand.
How to Buy COLT
Collateral Network is currently in the first stage of its presale. COLT tokens are available for purchase in the Collateral Network presale portal at $0.014. Originally, the price was $0.001, meaning that early investors have already benefited from a 40% increase. The portal accepts various crypto payments, including BTC, ETH, BNB, USDT, and SOL, among others.
Experts predict that COLT tokens will increase by 3500% from their initial price before being listed in major exchanges and a further 100x once they hit the leading trading platforms. So, the best memento to acquire COLT tokens is now, especially as the team is offering a 40% deposit bonus.
Conclusion
Collateral Network presents a new and exciting investment opportunity to the world, and investors seeking growth investments should consider adding COLT to their portfolio. Currently, COLT is available in presale for $0.014, a 40% increase from its initial price of $0.01, and analysts expect a 35x return for the presale period alone.
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) has recently seen a record amount of transactions and active wallet addresses due to record high BTC fees. Investors are turning to a unique new coin that is expected to gain 3500% and a possible 100x after listing on major exchanges. In this article, we take a look at this new project and explore why it is set to be a potential game-changer for the industry.
What is Litecoin (LTC)?
Litecoin (LTC) was forked from the Bitcoin blockchain in 2011 and was initially designed to address Bitcoin’s shortcomings. It has established itself as a minable coin and a peer-to-peer payment system.
Founded by former Google engineer Charlie Lee, Litecoin shares similar features with Bitcoin but has a different algorithm and aims to be the coin for daily transactions by offering faster tps compared to Bitcoin (BTC).
Litecoin is mineable using ASIC miners in the same way as Bitcoin, and the recent record high of Litecoin transactions shows the need of the market as Bitcoin fees surge amid the BRC-20 frenzy. Bitcoin fees have hit a two-year high due to the rising popularity of the BRC-20 token.
Litecoin (LTC) Price Prediction
Bitcoin’s congestion has market participants desperately looking for cheaper alternatives like Litecoin to execute transactions on-chain. The popularity of BRC-20 tokens pushed Bitcoin transaction fees to the highest level since May 2021, and even Binance had to temporarily halt withdrawals via Bitcoin. This is good news for Litecoin’s price, which has experienced a record number of transactions, with the number of active wallet addresses soaring to a record high of 718,000.
LTC/USD is trading above the 100 simple moving average on the four-hour chart and slowly approaching $82, where strong resistance and profit-taking are to be expected. If the Litecoin price can surpass the immediate resistance near the $82 zone, the path of least resistance is up with not much in-between until the next key level near $85.
If this resistance also breaks, the next levels are $90 and $92. The next major support is found at the $78 level, and if bears take over, a move toward the $75 support is in the cards. The four-hour MACD is slowly entering the bullish zone, with the four-hour RSI for LTC/USD holding below 50.
The technical outlook, paired with the ongoing need for alternatives, makes Litecoin one of the go-to coins and a bullish scenario for investors.
Watch Out for This Revolutionary Altcoin – COLT
COLT is the native token of Collateral Network, a decentralized Web3 company with a new way to unlock liquidity: by collateralizing real-life assets. Collateral Network (COLT) mints physical-asset-backed NFTs to lend and borrow against all kinds of assets like cars, jewelry, real estate, gold, diamonds, art, and more.
Everybody can participate and become a lender. After a successful evaluation, the provided assets are stored in a secured vault and insured by Collateral Network. The minted NFT is fractionalized, allowing multiple people to become investors by lending crypto money.
In return, lenders receive a weekly passive income until the loan is completely repaid. This way, investors have a new way of investing that can also be built as a diversified portfolio of small loans, becoming their own banks in the process.
In addition to the passive income created by lending, COLT token holders benefit from staking rewards, governance rights, and more. Collateral Network passed the audit from SolidProof and Interfi Network, and its team is fully doxxed. Besides, the vesting schedule indicates long-term potential, with team tokens locked for two years and liquidity tokens locked for 33 years.
Why is COLT Set to Gain 3500%?
The use of blockchain technology has automated the lending process, and Collateral Network is leveraging this to globalize geographical access with a first-mover advantage in an untapped market. The platform offers anyone the opportunity to participate and benefit from low fees and the possibility to earn passive income.
With plans to expand the ecosystem by bridging to multiple blockchains, the new, unique, and revolutionary business model is set to disrupt the peer-to-peer lending market, and the global customer base ensures growing demand.
How to Buy COLT
Collateral Network is currently in the first stage of its presale. COLT tokens are available for purchase in the Collateral Network presale portal at $0.014. Originally, the price was $0.001, meaning that early investors have already benefited from a 40% increase. The portal accepts various crypto payments, including BTC, ETH, BNB, USDT, and SOL, among others.
Experts predict that COLT tokens will increase by 3500% from their initial price before being listed in major exchanges and a further 100x once they hit the leading trading platforms. So, the best memento to acquire COLT tokens is now, especially as the team is offering a 40% deposit bonus.
Conclusion
Collateral Network presents a new and exciting investment opportunity to the world, and investors seeking growth investments should consider adding COLT to their portfolio. Currently, COLT is available in presale for $0.014, a 40% increase from its initial price of $0.01, and analysts expect a 35x return for the presale period alone.
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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