As 2023 continues, Litecoin (LTC), Cardano (ADA) and Collateral Network (COLT) emerge as top crypto investments. Whilst Litecoin (LTC) and Cardano (ADA) continue to flourish in the current market, A newcomer- Collateral Network (COLT) is making great headway on its presale stages.
It has made headlines as the first blockchain platform for peer-2-peer Lending tapping into the trillion-dollar lending market. Collateral Network (COLT) is set for greatness, as Web3 meets asset-backed lending.
Litecoin (LTC) is a solid 2023 option, now trading at $101.42, up 5.1% daily and 12.39% weekly. However, Litecoin (LTC) might hit $110 before reversing. The Litecoin (LTC) team’s recent update led to an 8% increase in its pricing.
According to Litecoin (LTC) statistics, the recent increase is also being driven by Litecoin (LTC) miners and crypto whale accumulation. Despite the volatility, Litecoin (LTC) ranks 12th in terms of market value, demonstrating endurance while other cryptocurrencies reversed downtrends.
Litecoin (LTC) remains an appealing asset for investors in 2023, with a 24-hour trading volume of $743,628,314, up 83.31%, supported by updates and the Litecoin (LTC) team, further reinforcing the coin’s potential for growth. Despite tremendous volatility in 2023, Litecoin (LTC) has maintained a respectable position, placing 12th in market value.
Cardano (ADA) has hit a historic milestone by releasing a cBTC demo exhibiting ‘wrapped BTC’ minting on the Cardano (ADA) network by AnetaBTC. Cardano (ADA) inventor Charles Hoskinson is ecstatic with this development, which might pave the way for broader adoption. AnetaBTC is a project that intends to introduce on-chain wrapped BTC to Cardano (ADA).
According to GitHub statistics, Cardano (ADA) development activity decreased in the previous 30 days, but Cardano (ADA) is still the third-most actively maintained network in the recent 24 hours. This suggests that Cardano (ADA) has the potential for greater development and acceptance.
Cardano (ADA) has a market worth of $15.85 billion and has grown by 82.41% year to date. The 24-hour trading volume is $405.60 million, indicating interest in Cardano (ADA) as it develops and expands its capabilities.
Asset backed Lending is a powerful force in web2, but never has there been an opportunity for the community to become their own banks – and get paid for it – until now.
Collateral Network (COLT) is becoming the inaugural Web3 decentralized crowdlending platform on the blockchain, catering to real-world assets. Collateral Network (COLT) facilitates borrowing by allowing high-value physical assets, such as watches, real estate, and rare collectibles, as collateral.
Subsequently, Collateral Network (COLT) initiates the minting of a non-fungible token (NFT) to symbolize the tangible manifestation of the asset. Then, the NFT, which is fully backed by the asset, is fractionalized into smaller units, allowing numerous lenders to provide modest sums of capital and receive weekly fixed-interest returns.
As things stand, FOMO is taking over the market because Collateral Network (COLT) is approaching the end of the current presale stage 1. Upon entering the new stage, the individual price of COLT would rise.
The Collateral Network (COLT) presale is anticipated to culminate in a 3500% price escalation, as projected by analysts. The COLT token has already undergone a 40% surge from $0.01 to $0.014. There is a widespread belief that Collateral Network (COLT) will experience a significant 100x surge in value upon its debut.
Find out more about the Collateral Network presale here: