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The post Best Cryptocurrencies For Safe Returns: Polkadot (DOT), Litecoin (LTC) And Collateral Network (COLT) appeared first on Coinpedia Fintech News Some of us don’t want to 1,000x or 100x […]
The post Best Cryptocurrencies For Safe Returns: Polkadot (DOT), Litecoin (LTC) And Collateral Network (COLT) appeared first on Coinpedia Fintech News
Some of us don’t want to 1,000x or 100x our money and are happy with modest and safe returns. Polkadot (DOT), Litecoin (LTC) and newcomer Collateral Network (COLT) provide precisely that, according to our analysts and experts.
Whereas Polkadot (DOT) and Litecoin (LTC) have been in the game for a while now, Collateral Network (COLT) aims to revolutionize the crowdlending industry through NFT and blockchain technology, something so unique; its price might surge 35x in the next six months.
Polkadot (DOT) is an open-source multichain protocol that uses the so-called sharding mechanism to allow blockchains to be interoperable with each other. Polkadot (DOT) was originally designed to become the foundation of a decentralized internet of blockchains, also called Web3.
The four components of Polkadot (DOT) – relay chains, parachains, parathreads and bridges allow the cryptocurrency to connect and communicate with external blockchains such as Binance Smart Chain and Ethereum (ETH).
Polkadot (DOT) is ranked 12th on CoinMarketCap and is currently down more than 90% from it’s all-time high of $53.28. This makes for a great entry, as the Polkadot (DOT) price is trading in a falling wedge pattern and is about to break out. When Polkadot (DOT) breaks the $7 resistance and its 200-day moving average, Polkadot (DOT) will reverse the downtrend and most likely surge to as high as $16 or even $20.
Litecoin (LTC) is often seen as the ‘’Silver of Bitcoin.’’ The maximum supply of Litecoin (LTC) is set at 84,000,000 or four times as much as Bitcoin (BTC), and the Litecoin (LTC) token still uses the Proof-of-Work consensus mechanism.
Currently, bearish RSI divergence signaled Litecoin (LTC) couldn’t hold above $75, and therefore it pulled back to $60, its 200-day MA. This makes Litecoin (LTC) positioned for a great swing opportunity as the Litecoin (LTC) price remains in an uptrend for the time being. If you are not seeking 100x or 1,000x gains but are happy with an x2 or even a mere x1.5, Litecoin (LTC) could be a good play heading into 2023.
Collateral Network (COLT) is set to revolutionize the crowdlending industry through the use of fractionalized NFTs. Collateral Network (COLT) will make it possible for borrowers around the world to gain a cash loan with their physician assets as collateral on the blockchain.
Collateral Network (COLT) will allow users to become their own banks by providing fractional loans to borrowers and these borrowers instantly have access to funds without the need for middlemen or third-party credit institutions.
Collateral Network (COLT) is the first cryptocurrency project to mint NFTs against physical assets, fractionalizing them and then allowing the community to fund loans. This revolutionary concept is faster than traditional lending, more private, transparent and even cheaper.
The total supply of Collateral Network (COLT) is 1,400,000,000 (1,4 billion) COLT tokens and only 50% of these will be available to the general public via the pre-sale of the project. The initial price of the tokens will be $0.01, and early investors will have access to the VIP Members Club, which gives access to private auctions for distressed assets.
The Collateral Network (COLT) team’s tokens are locked for three years, and the liquidity pool of the project is locked for 33 years. Both smart contracts used to lock assets are successfully audited by Solid Proof, ensuring investors no rug pull can take place whatsoever.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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