Given the crypto winter and the market volatility, it’s not uncommon to witness the cryptocurrency industry tremble and struggle to stand on its own two feet.
However, by displaying bullish signals, Conflux (CFX), Hedera (HBAR), and Collateral Network (COLT) maintain hope in the cryptocurrency community. With Collateral Network (COLT) set to see massive 3500% returns, let’s find out more.
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Collateral Network (COLT)
With cutting-edge Web3 technology, Collateral Network (COLT) has developed into a ground-breaking P2P crowdlending platform that enables borrowers to acquire funding using their tangible assets as collateral.
The innovative crowdlending protocol developed by Collateral Network (COLT) is the first of its type in the blockchain sector. By issuing fractionalized NFTs, Collateral Network (COLT) has made it possible for borrowers to unlock capital from a variety of physical assets, including rental properties, expensive wines, premium sports cars, and many more.
Collateral Network (COLT) lenders can receive a fixed rate of interest by lending money against NFTs backed 1:1 by the actual physical asset stored in COLT’s vault.
This innovative system permits borrowers globally to unlock cash from their physical assets with a much faster turnaround time than in traditional institutions. Collateral Network is powered by the native COLT token, which grants holders various benefits, such as staking rewards, governance rights, discounts and even access to exclusive VIP groups.
Investors have shown a great deal of interest in the Phase 1 Collateral Network (COLT) presale, largely because of its outstanding functionality and favorable presale price. Estimations show the value of COLT might rise by 3500% during the next few months, from $0.01 to $0.35 during the presale.
Conflux (CFX)
Conflux (CFX) currently trades at $0.38, while one year ago was $0.17, marking a 135% growth. Conflux (CFX) trading volume increased from $352M to $377M last week. During the same time, Conflux (CFX) increased its market cap by over 17.71%.
Bullish analysts believe the future looks bright for Conflux (CFX). According to these experts, the Conflux (CFX) protocol can become the standard for high-performance, scalable blockchain applications.
With the launch of Conflux’s main net and the continued development of the network, the price of Conflux (CFX) is expected to continue to rise in the coming years, reaching $1.25.
Yet, bearish analysts seem to disagree. In the last 24 hours alone, the price of Conflux (CFX) has dropped by 5.64%, followed by a 35.37% decline in trading volume and 5.66% in market cap, raising red flags for investors.
Hedera (HBAR)
Since early 2023, Hedera (HBAR) has taken the appropriate actions. With its distinctive Hashgraph technology, Hedera has recently attracted the interest of other crypto industry players.
In the last week, the price of Hedera (HBAR) has increased from $0.06 to $0.07. On an even more positive note, the Hedera (HBAR) market cap has increased from $1.87B to $2.15 during the same time. The Hedera (HBAR) trading volume didn’t fall behind either, rising by 176.7%.
Hedera (HBAR) currently trades at $0.076 with a trading volume of $128M.
Hedera (HBAR) is one of the most astounding cryptocurrencies to climb this year, say bullish crypto specialists. The Hedera (HBAR) price prediction for 2023 predicts a considerable rise in the second half of the year, possibly reaching $0.10.
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
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Source: https://www.thecoinrepublic.com/2023/04/04/the-crypto-world-is-buzzing-thanks-to-cfx-hbar-and-colt/