The collapse of two major crypto entities, FTX and BlockFi, caused a ripple effect that sent many coin prices down. And the Quant (QNT) and BNB (BNB) coins were both caught up in that downfall. But do not panic; experts believe they have found another suitable token, Collateral Network (COLT), currently in stage 1 of its presale and is expected to see a 35x price surge in the next 6 months.
Quant (QNT)
Quant (QNT) aims to link networks and blockchains globally while preserving the system’s performance and functionality. Developers must always hold a predetermined quantity of Quant (QNT) coins to build an app on the platform.
Recently, the Quant (QNT) coin saw a price jump of 3.50% after, according to Santiment, the Quant (QNT) coin’s circulation on cryptocurrency exchanges is drastically declining. This may be good news for Quant (QNT) price movement in 2023.
The Quant (QNT) is currently worth $124.03, which may be a hard entry point for some beginner investors. Quant (QNT) may see some good price charts in the future, but nothing major.
BNB (BNB)
Binance issued the BNB (BNB) coin in 2017. BNB (BNB) serves as a native token for Binance that allows individuals to pay transaction and exchange costs at a lower price than with other currencies.
Traders are concerned that other exchange coins, including BNB (BNB), may end up the same way as FTX Token (FTT), which collapsed. More and more BNB (BNB) holders are beginning to grow worried as Binance is also currently under investigation.
BNB (BNB) is showing bearish trends as its price has decreased 15% in the past month. BNB (BNB) has a cost of $289.12 right now. Analysts think the BNB (BNB) coin should not be in your investment portfolio.
Collateral Network (COLT)
Have you ever wanted to become your own bank and give out partial loans to borrowers for a determined interest rate? Well, through the Collateral Network (COLT) crowdlending platform, you will now be able to.
The Collateral Network (COLT) platform will mint NFTs with actual assets like art backing them. These NFTs will be fractionalized, opening up the door for all investors to participate for a meager cost. And since it will utilize blockchain technology, it will also be more transparent and private since the Collateral Network (COLT) platform will keep all information on the blockchain.
That is not all; the Collateral Network (COLT) ecosystem also has plans for Metaverse growth through Auctions giving users a chance to purchase digital and real-world assets below market price.
Collateral Network (COLT) will be fueled by the COLT token, which will supply $1.4B tokens. But only 50% of that supply will be available for the Collateral Network (COLT) presale. And since its price is only $0.01, now is the right time to buy. Some analysts have even predicted an interesting price point by June 2023 and a 35x price surge is not out of the question. Collateral Network (COLT) is here to stay with a 33-year lock on liquidity and a smart contract audit, so investors should buy in now and yield a profit.
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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Source: https://coinpedia.org/press-release/experts-say-consider-quant-bnb-but-collateral-network-colt-will-skyrocket-in-2023/