Near Protocol and Polygon Price Prediction 2023: Collateral Network (COLT) Named The Best Investment Option

2023 is turning out to be productive for many cryptocurrencies but Near Protocol (NEAR) and Polygon (MATIC) are yet to reach their predicted prices for the year. Meanwhile, Collateral Network (COLT), a new player has been suggested by experts as the best investment option for the year.

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What is Near Protocol (NEAR)?

Near Protocol is a public Proof-of-Stake (PoS) blockchain that is user-friendly, incorporating features like human-readable account names, and not just cryptographic wallet addresses. Also, Near Protocol (NEAR) enables newbies to interact with dApps and smart contracts without a wallet. Additionally, Near Protocol uses sharding technology to achieve scalability.

Analysts at Cryptonewsz.com predict that Near Protocol will trade at an average of around $3.34 for the entire year. Other analysts at AMBCrypto say Near Protocol could hit $4.72 in 2023. Far from both predictions, Near Protocol (NEAR) is trading at $1.83 as of the time of writing. Also, Near Protocol has dropped by almost 4% in the past seven days.

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What is Polygon (MATIC)?

Polygon is a layer 2 scaling solution dubbed Ethereum’s Internet of Blockchains. Polygon supports the Ethereum network to scale faster and reduce transaction costs. It provides a framework to help Ethereum grow further and faster. The Polygon token is used for securing and governing the network.

Analysts at CryptoNewsZ expect Polygon to trade at a maximum of $2.07, with a minimum price of $0.85 in 2023. Also, analysts at Business2Community predict Polygon will reach a high of $2.6 in 2023. But Polygon (MATIC) is trading at $0.96 as of press time. Again, Polygon has dropped by 4% in the past seven days.

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Collateral Network (COLT) disrupting the lending industry

CLOT is a web3 peer-to-peer lending platform that is challenging the status quo in the lending industry by bringing it into the web3 era. Collateral Network employs a unique business model that makes the lending industry more inclusive and accessible.

It allows people to unlock liquidity against real-world assets like yachts, fine art, gold bars, etc. Collateral Network accepts the physical assets of borrowers as collateral and then mints an NFT of them. The NFTs are 100% backed by physical assets, which are kept safe in the network’s vaults. Furthermore, the NFTs are broken into fractions, meaning many lenders to fund the loan and earn a fixed rate of interest.

Moreover, holders of the Collateral Network token will enjoy discounts on trading and borrowing fees, voting rights, staking rewards, and access to private auctions. As it stands, the Collateral Network presale is underway. And the token is estimated to soar by 3500% to $0.35 before the presale round ends. Interested investors can get in now and buy the Collateral Network token at a floor price of $0.014.

For more information on Collateral Network visit the website, join the presale or join the community for regular updates.

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

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