Ethereum (ETH) poised to eclipse Bitcoin (BTC) as Collateral Network (COLT) surges in pre-sale

by James · April 13, 2023

As the cryptocurrency landscape continues to evolve, Ethereum (ETH) is gearing up to potentially outperform Bitcoin (BTC).

Meanwhile, the innovative Collateral Network (COLT) is experiencing a wave of interest during the pre-sale phase, showing the potential to become a major player in the market with 35x gain.

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Table of Contents

Collateral Network (COLT)

Collateral Network (COLT) is revolutionizing the crowdlending process by enabling peer-to-peer lending through a ground-breaking platform. Traditional financing methods can be time-consuming and burdened with bureaucracy, but the Collateral Network (COLT) streamlines the process for borrowers and lenders.

Collateral Network (COLT) uses NFT technology to represent tangible assets, such as art, rare coins and luxury cars. These NFTs are fractionalized, allowing multiple lenders to finance the loan and earn a fixed interest rate. At the same time, borrowers unlock capital more quickly.

The Collateral Network’s (COLT) native token, COLT, provides holders with various benefits, including reduced borrowing and trading fees, stake rewards, and governance rights. As the Collateral Network (COLT) expands, more benefits will be introduced.

Currently, the Collateral Network (COLT) presale is underway, with discounted tokens available for purchase at only $0.014. Experts predict that the Collateral Network (COLT) will experience a growth rate of 3500% in the coming months.

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Ethereum (ETH)

Ethereum (ETH) is gearing up for the long-awaited Shapella upgrade, which has experienced delays to ensure a smooth implementation. Originally scheduled for early Q1, the Ethereum (ETH) Shapella upgrade is now scheduled for April 12, 2023.

This crucial Ethereum (ETH) update will finally release the locked tokens to those who stake Ethereum (ETH). These people have been eagerly awaiting their rewards since the September 2022 Ethereum (ETH) merger.

Financial experts believe that the Ethereum (ETH) Shapella upgrade could trigger a significant price increase, potentially allowing Ethereum (ETH) to surpass Bitcoin (BTC) in 2023. Technical analysts agree with this sentiment, suggesting that Ethereum (ETH) could quickly rise to $3,000 if it can break $2,000 with conviction.

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Bitcoin (BTC)

Bitcoin (BTC) has seen another week of relatively flat movement. On March 30, it reached a high of $29,200, but soon retreated, staying within the range of $27,200 and $28,800. However, it seems that Bitcoin (BTC) is once again making another run towards the tops.

Predicting the future direction of Bitcoin (BTC) is not an easy task, as experts have different opinions. Some believe that Bitcoin (BTC) could undergo a significant correction if it cannot definitively surpass the $30,000 threshold soon. On the other hand, others argue that positive market sentiment will sustain higher Bitcoin (BTC) prices in the short term.

Should Bitcoin (BTC) maintain its status as a digital safe haven, it is possible that it will break through the $30,000 barrier and shoot up to $40,000 within days. It is still uncertain whether Bitcoin (BTC) will reach these levels soon, or whether Ethereum (ETH) will steal the spotlight by surpassing its competitor in the crypto market.