As the crypto market slowly regains its strength, Uniswap (UNI) and Litecoin (LTC) attract investors’ attention as they wonder what the next move for these tokens will be. Meanwhile, experts point to Collateral Network (COLT), currently in its second stage of public presale, as an excellent long-term investment with a growth potential of 3500%.
Collateral Network (COLT)
Collateral Network (COLT) is expected to change how lending works in the crypto world. Namely, Collateral Network (COLT) is the first Web3 decentralized peer-to-peer lending platform for real-world assets on the blockchain.
Collateral Network (COLT) enables borrowers to use their watches, collectables, gold, and other valuable items as collateral and borrow against them.
Let’s say you have a $25,000 watch and need a short-term loan. First, you need to send the watch over to Collateral Network (COLT), where the team will authenticate and value the watch.
Next, the team will store the watch in Collateral Network’s (COLT) high-security vault and mint an NFT of the watch to represent it. Then, Collateral Network (COLT) will fractionalize the 100% asset-backed NFT into smaller pieces so that many people can lend smaller amounts of money and get fixed-interest payments in return.
After you repay the principal loan and interest, Collateral Network (COLT) will redeem your watch and burn the NFTs it made.
Additionally, Collateral Network (COLT) token holders will have many exclusive benefits, including access to online private auctions where they can buy distressed assets (from defaulted loans) below market value. Also, the Collateral Network (COLT) lending platform aims to solve many existing issues, like credit accessibility, transparency and liquidity.
Currently, COLT is in stage 2 of its public presale, and its token is selling at $0.014. However, experts believe that the price can go up to $0.35 before the presale ends, marking a 3500% growth for holders.
Uniswap (UNI)
As the Uniswap (UNI) platform launches its Uniswap (UNI) wallet on iOS, experts predict an upward price trend. The Uniswap (UNI) wallet iOS app is now available for US-based users and in some other countries, with more to come in the future.
Additionally, Uniswap (UNI) recently approved the proposal to launch the third iteration of Uniswap (UNI) on Polygon’s zero knowledge EVM (Ethereum Virtual Machine).
Both of these Uniswap (UNI) events combined have resulted in a positive Uniswap (UNI) performance in the week. At the time of writing, the Uniswap (UNI) token is trading at $6.31, with a 2.45% price increase in the last 24 hours. Additionally, the Uniswap (UNI) trading volume has increased by 15.80% over 24 hours, while the Uniswap (UNI) market is up by 2.49%.
Litecoin (LTC)
In the past couple of days, the Litecoin (LTC) token has started trading above the Litecoin (LTC) $100 price mark, signaling to experts that Litecoin (LTC) has successfully bounced back from its bearish Litecoin (LTC) performance from late February.
At the time of writing, the Litecoin (LTC) token is trading at $100.92, with an increase in price of 2.14% in the last 24 hours. Additionally, the Litecoin (LTC) market cap increased by 2.15%.
So, analysts believe that the Litecoin (LTC) bulls will take control of the token and bet on Litecoin (LTC) price rallies instead of shorting the token on price drops.
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