The positive momentum that the crypto market saw after the collapse of Signature and Silicon Valley Banks is slowly dying down, with coins such as Uniswap (UNI) and Litecoin (LTC) showing red charts. But, as they have lost some ground, others have gained it, and today we will discuss one in particular, Collateral Network (COLT), the first crypto-challenger lender in stage 1 of its presale that could bring holders 35x the gains. Let’s compare all three cryptos and see what’s in store for them in 2023.
Uniswap (UNI)
According to a recent Uniswap (UNI) tweet, 92% of all Arbitrum (ARB) holders chose Uniswap (UNI) over other DEXs to swap their given tokens. With this data in mind, it is evident that Uniswap (UNI) remains desirable for plenty of users in the crypto sphere.
Nevertheless, the Uniswap (UNI) token price still leaves much to be desired as it now trades for $6.01, a fall in the past 24 hours. On a positive note, the number of active addresses utilizing Uniswap (UNI) has increased recently, as per data from Santiment.
Analysts remain bullish for Uniswap (UNI) as they forecast a rise to $8.12 by December 2023. However, Uniswap (UNI) holders are searching for new projects with long-term growth potential.
Litecoin (LTC)
The hashrate for Litecoin (LTC) has recently hit a new all-time high of 891.39 TH/s. This is a great technological accomplishment for Litecoin (LTC) as the second-oldest crypto continues improving its network.
But, the Litecoin (LTC) coin has not been performing up to par as it now has a value of $92.49, down in the last day alone. Moreover, the Litecoin (LTC) technical analysis also shows a bearish pattern forming with all Litecoin (LTC) technical indicators and moving averages displaying strong sell signals.
Looking on the bright side, the Litecoin (LTC) trading volume has increased in the past 24 hours and now sits at $587,173,157. Bullish experts foresee Litecoin (LTC) rising to $112.82 by 2023.
Collateral Network (COLT)
Collateral Network (COLT) will revolutionize the pawnbroking industry by creating the first blockchain-based peer-to-peer lending platform where borrowers may unlock liquidity from physical assets. Lenders can also receive fixed income simply from .
fractionalized NFT-based lending.
Let’s paint the picture – you require a loan of a sum of money but are also an owner who possesses valuable tangible assets such as a watch, art or even cars. You can use one such asset as collateral by taking it to Collateral Network (COLT), which will mint an NFT representing the physical version of that item, resulting in it being 100% asset-backed, store it on-chain, fractionalize it, and then allow anyone to become mini banks as they buy portions of this NFT for a predetermined weekly interest rate. This process, called fractional lending by the Collateral Network (COLT) team, has never been done before and ensures that both lenders and borrowers can earn from the process.
Worried about safety? Collateral Network (COLT) will lock its liquidity pool for 33 years and team tokens for 2. Additionally, an audit has already been performed on the token smart contract – meaning that Collateral Network (COLT) could be one of the safest investment prospects available.
The Collateral Network (COLT) platform will be powered by its native token, COLT, now available for only $0.01. You will receive a 50% deposit bonus, staking rewards, and more for this price – excellent value. But hurry, COLT has plans to list on Uniswap (UNI) in stage 2 of its presale, and the value of Collateral Network (COLT) could soar by 100x.
Follow the links below and purchase a potential blue-chip token that some analysts predict could reach $0.35 in the next six months.
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