Some of the most promising projects for investors in the crypto world are generally known to be hiding in plain sight. And with the predictions that Arbitrum (ARB) price will stabilize and Polygon (MATIC) bullish potentials, often it can be hard to decide where to invest.
Experts are making this decision an easy one for you. Namely, they’re predicting that Collateral Network (COLT) will blow both of these cryptocurrencies out of the water, delivering 3500% growth potential.
Arbitrum (ARB)
Arbitrum (ARB) has recently experienced a surge in interest and adoption. The Arbitrum (ARB) platform has surpassed 5 million accounts following an airdrop that incentivized users to try out the network by providing them with a small amount of its native token, ARB.
Arbitrum (ARB) experienced a bullish breakout from a resistance trendline on April 13th, following a prolonged period of bearish growth that lasted nearly three weeks.
This shift in market sentiment resulted in a 50% surge from the last Arbitrum (ARB) swing low of $1.15. However, Arbitrum (ARB) encountered a minor obstacle near the $1.73 level, and buyers will need a sustained breakout above this level to continue the bullish rally.
Following the surge in price, the Arbitrum (ARB) token underwent a minor consolidation phase between the $1.73 and $1.57 levels. This narrow range helped to absorb supply pressure and stabilize the Arbitrum (ARB) price for future growth.
Polygon (MATIC)
Polygon (MATIC), at the time of writing, is trading at $1.17, yet the token has been seeking a bullish signal since the beginning of March. However, one of the key factors hindering the Polygon (MATIC) growth is the uncertainty surrounding the long-awaited alt season.
Over the past week, Polygon (MATIC) has seen a drop in Bitcoin’s (BTC) dominance to 47.32%, reigniting hopes for the alt season.
When this season arrives is up for speculation, but optimism could be a driving factor in the Polygon (MATIC) price recovery. According to analysts, the Polygon (MATIC) price could potentially explode if the altcoin can sustain a rally above the $1.24 mark.
A sustained breakout above this level could be a game-changer for Polygon (MATIC), as it could attract a significant influx of buyers, propelling the Polygon (MATIC) price even higher.
Collateral Network (COLT)
Collateral Network (COLT) is a Web3 peer-to-peer lending platform where individuals can leverage their valuable possessions as collateral to access funds.
Let’s say that Sarah owns a rare diamond necklace worth $50,000 and needs a short-term loan. How can Collateral Network (COLT) help her? By granting her the liquidity unavailable in her country’s traditional institutions or pawnbrokers.
First, Sarah sends the diamond necklace to Collateral Network (COLT), where the company’s team authenticates and values the necklace. Next, they store the necklace in their secure vault and mint a 100% asset-backed NFT that identifies Sarah’s necklace on the blockchain.
Collateral Network (COLT) then fractionalizes the NFT, enabling multiple investors to lend money to Sarah and earn fixed-interest, passive income. Once Sarah repays the loan, Collateral Network (COLT) burns the NFTs and redeems Sarah’s diamond necklace from its vault.
In this way, Sarah can access the funds she needs without having to sell her valuable diamond necklace. Meanwhile, investors can participate in the lending process and earn a fixed rate of return on their investment.
Yet, that’s not where it ends for Collateral Network (COLT) investors. They also get exclusive benefits such as discounts on borrowing, lending and staking incentives. Moreover, early Collateral Network (COLT) adopters could gain from 3500% returns by investing during the presale. COLT currently trades at $0.014 with approximately 90,899,959 tokens left until a further price increase.
Explore 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