While LTC and LINK Face Price Drops, COLT Surges 3500%
The cryptocurrency market experienced notable fluctuations recently, with Litecoin (LTC) and Chainlink (LINK) witnessing a price decline. On the other hand, Collateral Network (COLT) is creating a buzz among investors, as it is forecasted to explode with potential growth of 3500% during presale!
Litecoin Drops Ahead of Halving Dates, but Bulls Aim for a Breakout
After the rising trend of Litecoin and reaching its all-year high in April at $102, the coin plummeted by 6%. The reason behind this price downturn is the expected LTC20 halving coming up on August 10th.
As of now, the price of Litecoin (LTC) stands at $94.89, showing a 24-hour trading volume of $0.8 billion. With a market capitalization of $6.93 billion and a market dominance of 0.58%, Litecoin has seen a 2.3% increase in price over the past 24 hours.
The Litecoin price analysis reveals a continuation of buying pressure near the $90 level, with resistance at $93 and support at $88. The recent recovery rally of Litecoin by bulls pushed the price above multiple hurdles. Still, the struggles to maintain trade above $93.19 have resulted in a bearish zone near the $90 level.
The Litecoin halving will be a significant event for the Litecoin network. Most experts expect the event to have a positive impact on the price of Litecoin, and we would be included in this belief.
Despite the Chainlink Price Drops, Strategic Partnership Brings Hope
In recent trading sessions, Chainlink has experienced a 6% price drop. However, despite the LINK decline, the cryptocurrency remains optimistic as it forges a strategic partnership to advance Web3 technologies.
As of now, the Chainlink (LINK) price stands at $6.42, accompanied by a very slight increase in value of 0.08% in the last 24 hours. With a current CoinMarketCap ranking of #21, there are 517,099,970 LINK tokens in circulation out of a maximum supply of 1B Chainlink.
The Chainlink price analysis indicates a continuation of bearish pressure, with support near the $6.40 level. However, resistance is present at $6.51, hindering the Chainlink ability to regain positive momentum. In addition, the recent downtrend highlights the bears’ persistence, as they aim to maintain their control and extend their negative slide.
While the short-term outlook may be uncertain, the strategic partnership between Chainlink Labs and Tencent Cloud positions them to shape the future of Web3 technology.
As industries recognize the potential of blockchain-based solutions, this collaboration empowers startups to leverage decentralized applications for enhanced security, transparency, and trust.
Collateral Network Generates Excitement with 3500% Growth Forecast
While Litecoin and Chainlink face downward pressure, Collateral Network has attracted attention due to its potential for explosive growth. Industry experts have forecasted a staggering 3500% increase in the value of Collateral Network during its presale stage, offering substantial gains to token holders.
Collateral Network aims to revolutionize the borrowing and lending ecosystem by allowing individuals to use their valuable assets, such as real estate, art, or collectibles, as collateral to unlock liquidity. By leveraging blockchain technology, Collateral Network tokenizes these assets, ensuring transparency, security, and ease of transfer.
Let’s say; you own a fancy apartment worth $500,000. You can use it as collateral to unlock liquidity on Collateral Network. The Collateral Network will mint an NFT of the apartment and fractionalize it into smaller pieces. Investors can lend smaller amounts of money and earn a weekly interest payment while you repay the principal loan and interest.
In its public presale, Collateral Network (COLT) is currently trading at $0.014. The experts predict that Collateral Network could generate 35x gains to holders before it goes live. Once it hits major exchanges, the token is predicted to surge by an additional 100x!
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
The cryptocurrency market experienced notable fluctuations recently, with Litecoin (LTC) and Chainlink (LINK) witnessing a price decline. On the other hand, Collateral Network (COLT) is creating a buzz among investors, as it is forecasted to explode with potential growth of 3500% during presale!
Litecoin Drops Ahead of Halving Dates, but Bulls Aim for a Breakout
After the rising trend of Litecoin and reaching its all-year high in April at $102, the coin plummeted by 6%. The reason behind this price downturn is the expected LTC20 halving coming up on August 10th.
As of now, the price of Litecoin (LTC) stands at $94.89, showing a 24-hour trading volume of $0.8 billion. With a market capitalization of $6.93 billion and a market dominance of 0.58%, Litecoin has seen a 2.3% increase in price over the past 24 hours.
The Litecoin price analysis reveals a continuation of buying pressure near the $90 level, with resistance at $93 and support at $88. The recent recovery rally of Litecoin by bulls pushed the price above multiple hurdles. Still, the struggles to maintain trade above $93.19 have resulted in a bearish zone near the $90 level.
The Litecoin halving will be a significant event for the Litecoin network. Most experts expect the event to have a positive impact on the price of Litecoin, and we would be included in this belief.
Despite the Chainlink Price Drops, Strategic Partnership Brings Hope
In recent trading sessions, Chainlink has experienced a 6% price drop. However, despite the LINK decline, the cryptocurrency remains optimistic as it forges a strategic partnership to advance Web3 technologies.
As of now, the Chainlink (LINK) price stands at $6.42, accompanied by a very slight increase in value of 0.08% in the last 24 hours. With a current CoinMarketCap ranking of #21, there are 517,099,970 LINK tokens in circulation out of a maximum supply of 1B Chainlink.
The Chainlink price analysis indicates a continuation of bearish pressure, with support near the $6.40 level. However, resistance is present at $6.51, hindering the Chainlink ability to regain positive momentum. In addition, the recent downtrend highlights the bears’ persistence, as they aim to maintain their control and extend their negative slide.
While the short-term outlook may be uncertain, the strategic partnership between Chainlink Labs and Tencent Cloud positions them to shape the future of Web3 technology.
As industries recognize the potential of blockchain-based solutions, this collaboration empowers startups to leverage decentralized applications for enhanced security, transparency, and trust.
Collateral Network Generates Excitement with 3500% Growth Forecast
While Litecoin and Chainlink face downward pressure, Collateral Network has attracted attention due to its potential for explosive growth. Industry experts have forecasted a staggering 3500% increase in the value of Collateral Network during its presale stage, offering substantial gains to token holders.
Collateral Network aims to revolutionize the borrowing and lending ecosystem by allowing individuals to use their valuable assets, such as real estate, art, or collectibles, as collateral to unlock liquidity. By leveraging blockchain technology, Collateral Network tokenizes these assets, ensuring transparency, security, and ease of transfer.
Let’s say; you own a fancy apartment worth $500,000. You can use it as collateral to unlock liquidity on Collateral Network. The Collateral Network will mint an NFT of the apartment and fractionalize it into smaller pieces. Investors can lend smaller amounts of money and earn a weekly interest payment while you repay the principal loan and interest.
In its public presale, Collateral Network (COLT) is currently trading at $0.014. The experts predict that Collateral Network could generate 35x gains to holders before it goes live. Once it hits major exchanges, the token is predicted to surge by an additional 100x!
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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