The crypto landscape is heating up, with XRP (XRP), Fantom (FTM) and Collateral Network (COLT) poised to skyrocket. Collateral Network (COLT), an innovative crowdlending platform, leverages blockchain technology to utilize real-world assets through non-fungible tokens (NFTs), enabling users to obtain loans using their physical assets as collateral. Following a promising presale which had a starting price of $0.01 and predictions of a 3500% surge, analysts anticipate that COLT tokens could be worth 100x soon.
XRP (XRP)
XRP (XRP) is poised to become the most valuable altcoin in 2023, as investors predict a good resolution in its current struggle with the SEC. The value of XRP (XRP) has increased by about 50% YTD, marking a significant rebound for XRP (XRP).
On Twitter, Santiment, a blockchain-based market intelligence platform, noted the remarkable rebound of XRP (XRP), highlighting the two-week upward momentum run of XRP (XRP). XRP (XRP) is demonstrating its ability to dominate the altcoin market, but on the daily graph, XRP (XRP) is down to $0.5117.
Santiment displays record-breaking profit-taking levels from XRP (XRP), the highest since August 2021. XRP (XRP) traders are enjoying substantial gains. Anticipation around the impending Ripple vs. SEC litigation, which will establish XRP (XRP) as a security, has spurred this surge.
Fantom (FTM)
Fantom (FTM), a rising star on the cryptocurrency market, has surpassed $1.4 billion in market capitalization and is now trading at $0.5313. Fantom (FTM) has had a spectacular increase in the previous 200 days. Fantom (FTM) recently teamed with DeFi, a crypto security company, to enhance the security of Fantom (FTM) users.
During the past two years, DeFi has examined more than 12 million problems from 1.15 million contracts, enabling users of the Fantom (FTM) ecosystem to safeguard their money from rug pulls, phishing attempts and contract exploits.
DeFi’s solutions for Fantom (FTM) users include Scanner, which automatically evaluates and gives security scores to Fantom (FTM) smart contracts on the blockchain, and Shield, which monitors Fantom (FTM) user wallets and enables revocation of dangerous Fantom (FTM) approvals.
Collateral Network (COLT)
Utilizing real-world assets is at the heart of Collateral Network (COLT), a groundbreaking crowdlending network built on the Ethereum (ETH) blockchain. Collateral Network (COLT) allows borrowers to get loans based on the value of their tangible assets by using non-fungible tokens (NFTs).
Real estate, timepieces, and automobiles are only some of the assets accepted as collateral by Collateral Network (COLT), and the company’s own valuation experts determine its true market value. Second, there are no obligatory paperwork or credit report disclosure requirements from the government.
Borrowers only need to own a collateral asset; Collateral Network (COLT) will then mint a fractionalized, asset-backed NFT to represent the asset as collateral. These asset-backed NFTs allow borrowers to tap into a wider range of lenders prepared to extend credit for the loans in return for the NFT, enabling them to earn passive income from this method.
Collateral Network (COLT) began its presale at $0.01, but has since seen a 40% price surge to $0.014 in stage 2 with experts projecting a 3500% increase by the end of the presale. As the Collateral Network (COLT) token presale finishes, it will be published on major exchanges, where some analysts anticipate it will increase in value by as much as 100x.
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
